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.
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