BIO Digital: Investment Panel Sees Continued Rising Adoption Of Telehealth, Remote Monitoring
BY MARION WEBB Executive Summary BIO Digital investment panel sees strong investment opportunities in telehealth, remote monitoring and converging digital products.
An investment panel at the BIO Digital virtual health care conference agreed that the COVID-19 epidemic will impact the investment environment throughout 2020 -- but to what extend remains to be seen. All four panelists agreed that investments in telehealth, remote monitoring and data-driven technologies, which have seen unprecedented adoption during the pandemic by consumers and health providers alike, will continue to rise. Digital health funding was off to a great start in the first quarter of 2020, with a record $3.1bn invested across 107 deals. That’s more than 1.5 times the total funding in the first quarter of any previous year, according to a report from venture capital firm Rock Health.
37 / September 2020
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