Medscape May 3, 2024
Although artificial intelligence (AI) applications are increasingly prevalent in the healthcare sector each year, investment in digital health slowed down in Europe in 2023, according to investment firm Karista. In 2023, health tech mostly comprised biotechnology companies (32%), medical devices (24%), and digital health (23%), according to France Biotech.
Consequently, the average amount raised in European funding rounds decreased, reaching an average of 10 million euros compared with 20 million euros in 2022. The largest funding rounds were secured by robotic surgery: CMR Surgical raised 152 million euros; Distalmotion, 138 million euros; and Moon Surgical, 51 million euros.
Pharmaceutical Technology Rising
While funding amounts declined, the number of investors increased by 23%. In all, 217 funds invested in European e-health...
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