A new report from Accenture forecasts that investing in digital health startups will more than double in the next few years, to $6.5 billion in 2017. The survey was based on 2,000 startups that received funding from 2008 to 2013.
In the past six years, from 2008-2013, $10.2 billion has been invested in digital health startups. Here’s what the breakdown looks like.
Interoperability and health analytics, accounted for the lion’s share of funding — an estimated $2.9 billion in funding, which was used by organizations to comply with industry changes and federal Meaningful Use guidelines, according to the report.
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Wearable technology and incentive programs to create behavioral change among participants received $2.6 billion in start-up funding.
Telehealth companies received $2.6 billion in start-up funding.
Diagnostic technology which includes remote monitoring technology as well as clinical tools is the fastest growing segment and netted $2.1 billion.
Earlier this year StartUp Health’s assessment of digital health dealflow last year revealed that big data companies got the lion’s share of investment — 112 deals attracted $712 million in investments.
