1、State of Digital HealthGlobal|Q2 2024Global data and analysis on dealmaking,funding,and exits by private market digital health companiesState of Digital Health2 2Make smartertech decisions.Our platform will help you discover,understand,and manage your response to emerging tech.Make confident tech de
2、cisions that drive growth,improve operations,and beat the competition with CB Insights.IIIITry our platform free!Sign up for a free trialState of Digital Health3 3“Steal”our data.Download the underlying data in this report.If you create any analysis or visualizations with this data,send it our way a
3、nd you could be featured in the CBI newsletter.us on social LinkedIn X(Twitter)InstagramIIIIDownload the raw dataSign up for a free trialTLDR-26%QoQ drop in digital health funding.Quarterly digital health funding and deals fell to$2.9B and 235,respectively,in Q224.This trend played out across the US
4、,Europe,and Asia.However,the annual average deal size globally is$16.7M in 2024 YTD,up 40%from full-year 2023,signaling that investors are writing fewer but larger checks.See the data 426%Mid-stage deal share YTD.Up from 16%in 2023.Early-stage deals have consistently accounted for 60%+of all digital
5、 health deals in recent years.However,in 2024 YTD,early-stage deal share has dropped to 51%as mid-and late-stage deals have captured more investor interest.In the US,early-stage deal share has fallen to 45%in 2024 YTD vs.62%in full-year 2023.See the data 61%US deal share.Upfrom 54%in Q124.Digital he
6、alth funding in the US declined by 18%QoQ in Q224.However,the US proportion of the global deal volume grew by 7 percentage points QoQ,marked by an increase in mid-to late-stage deal share.Median deal size is also up in the US in 2024 so far sitting at$7.5M vs.$4.6M in full-year 2023.See the data 5$1