MedCity News August 5, 2024
During a webinar hosted by PitchBook, healthcare experts shared that the food-as-medicine space will likely see consolidation in the future, as well as advancements in technology and reimbursement.
More than 44 million people battle food insecurity in the U.S. In addition, about half of American adults have a preventable chronic disease, and many are related to poor quality eating patterns. Due to these challenges, the food-as-medicine movement has been picking up steam, with several startups emerging in the space and gaining funding. Between 2023 and the first quarter of 2024, $373 million has been invested in 22 digital health startups focused on food as medicine solutions, according to Rock Health.
So what does the future hold for the food-as-medicine market?...