2016 investors were bullish on health information technology, focusing on digital and consumer-focused applications and services, according to an article on the Internet Health Management website.
A total of $5.05 billion was invested in digital healthcare technology applications and services transactions in 2016, an increase of 8.9 percent from $4.64 billion in 2015.
Top-funded areas in 2016 included mobile apps at $1.3 billion, wearable sensors with $592 million, data analytics at $574 million, telemedicine with $528 million, mobile healthcare infrastructure and services at $228 million and wellness with $218 million, the article said.
A total of 1,115 investors participated in venture capital funding rounds in healthcare information technology companies in 2016 compared to 923 in 2015.
Hand, Foot and Mouth Disease on the Rise
Preparing for the Hazards of Winter Weather
BayCare Reveals Pagidipati Children's Hospital at St. Joseph's
Why Identity Governance Is Becoming a Facilities Management Issue
Habitat Health Opens South Los Angeles PACE Center