mHealth Seeing Positive Strides In Venture Capital Funding

mHealth Seeing Positive Strides In Venture Capital FundingThe first quarter numbers are in, and so far 2015 is seeing positive strides in venture capital funding for healthcare IT and digital health companies.

Business Solutions reports that total investments were around $784 million in Q1, of which mHealth secured the largest share of investments at 36%. Of that 36%, 56 deals were made.

The surge in mHealth funding is likely related to the FDA providing investors who were formally on the fence when it came to mHealth with a clear understanding of what their regulatory guidelines would be. Since the FDA will be providing minimal regulations and guidelines, many investors are now contributing to this still emerging industry.

Some of the most sought after apps and areas of mHealth development are centered around patient care for chronic disease and health conditions such as diabetes, cancer, Parkinsons, and cardiac concerns. Medication tracking is another popular area of development, as well as fitness, wellness, and nutrition.

Surprisingly, on the VC front, one area of mHealth that has slowed down rapidly in the mHealth arena is wearable technology.

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