ZME Science February 24, 2020
Despite billions of dollars worth of capital flowing into digital healthcare startups, many are vulnerable to imminent collapse.
In recent times, Silicon Valley tech companies and venture capital (VC) funds have banded together to transform healthcare. This has lead to the creation of a new type of industry that includes digital health services, digital therapeutics, and even digital medicines. But don’t get sucked into the hype — the digital healthcare space has its own challenges and 2020 might be the year of reckoning for many companies.
A lot of money but little to show for
Since the first iPhones rolled out, developers were quick to release all sorts of health apps that monitor various factors, including weight, exercise, blood pressure,...