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State of Digital Health 2024 Report

Despite a small bump in funding, global digital health dealmaking continued to decline year-over-year (YoY) in 2024. In fact, digital health deal count dropped to its lowest annual total since 2014, reflecting a more cautious investment environment.

Mirroring trends in the broader venture market, AI proved to be a bright spot amid the downturn in digital health deals. In 2024, AI-focused companies secured 42% of digital health funding and accounted for 31% of deals — both record highs.

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