Disclosure: Global digital health funding declined 36% quarter -on -quarter

Public health organizations raised $ 10.4 billion worldwide among 653 jobs in the first quarter of this year, a 36% drop from the fourth quarter, according to the Ministry of Health. CB Insights ’State of Digital Health Q1 report.

That’s six -quarters less money than The blockbuster release was seen last year.

“Healthcare startups saw a larger revenue decline in Q1 ’22 than fintech and retail technologies, which saw 18% and 11% revenue declines. to a quarter-fourth, respectively, ”the authors wrote.

In the U.S., health care funding reached $ 7.2 billion across 329 contracts, down from $ 11.5 billion among 331 contracts in Q4. Investment in Asian startups reached $ 1.3 billion, down 55% from the last quarter, while European investment fell 19% to $ 946 million.

The report shows some of the financial decline has been due to the number of mega-rounds, selling $ 100 million or more. There were 27 in the first quarter – bringing in $ 4.4 billion – compared to 43 in the fourth quarter last year.

However, funding to mental health technology fell 60% quarter-quarter, digital therapeutics funding declined 53% and telehealth funding fell 32%. However, the number of telehealth contracts increased by 12% between Q4 and Q1.

In public markets, IPOs fell sharply, with only one IPO recorded in Q1 compared with 23 in the last quarter of last year. There was no special stock price action, down from six in Q4.

Six new unicorns – companies valued at $ 1 billion or more – were born in the last quarter, less than half the number of new unicorns since Q4. The show had two -thirds of the new unicorns introduced disease management tool.

However, mergers and acquisitions remained stable in the first quarter, numbering 138 contracts compared to 137 in the last quarter. M & As’s were 100 or more for the past seven quarters.

“Consolidation began in 2021 and picked up in Q1’22, with 138 contracts. As key players emerge into this segment of the market, we expect to see this kind of consolidation continue,” he said. said the report.

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