The Future of Healthtech
Investments are down but rebalanced from 2021 with shifts to earlier stages
US, EU and UK healthtech investments hit $23 billion in the first three quarters of 2022, with an especially sharp drop in Q3 2022. Investments have shifted to earlier stages where valuations aren’t as inflated.
IPO window shut, but M&A on the rise
Inflation, global geopolitical factors and interest rate hikes all created a tumultuous public market and shut healthtech’s IPO window. However, private VC-backed M&A are up 16% versus the first three quarters of 2021.
Mental health valuations and deal sizes up despite broader downturn
Mental healthcare demand soared this year, fueled by rising mental health conditions and growing provider shortages.