Digital health hits record funding in 2018, totaling $14B: Is it enough?

“Startup Health, an organization that supports and fosters digital health startups, announced that funding totaled $14.2 billion in 2018, which is 14 times more than it was in 2010” reports The digital health sector shows no signs of slowing down.Startup Health found that newer niche sub-sectors also saw increased funding, most notably machine learning, blockchain, artificial intelligence, and the Internet of Things.Startups in the mental health sector, meanwhile, received record-breaking funding with a total of $602 million.But despite impressive strides in industry funding, StartUp Health cofounder and president Unity Stoakes notes an interesting paradox: “Health innovation today is progressing slower than we think and faster than we ever dreamed possible–at the same time,” he wrote in a recent blog post.

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