CB Insights report: Global telehealth investment is still on the rise

A new report from CB Insights located that world telehealth investment decision rose for the fourth consecutive quarter in Q2 of 2021 – with teletherapy offers representing a substantial share.  

The Condition Of Telehealth report located that considerably of the expansion was pushed by accelerating digital transformation initiatives, as nicely as client working experience prioritization.

At the identical time, stakeholders and believed leaders voiced issues about wellness inequity, and lobbyists mounted the pressure for lengthy-phrase regulatory reform.  

WHY IT Issues

The telehealth teach has continued to chug together, in spite of dire warnings from wellness advocates about what may well take place if the community wellness crisis expires with out any action from Congress.  

In truth, the CB Insights report was optimistic from a economic viewpoint: It located that world telehealth investment decision grew seventeen% quarter-in excess of-quarter when compared to Q1 of 2021, and 169% calendar year-in excess of-calendar year, to achieve a report superior of $five billion throughout 163 offers.  

As much as segments go, telemedicine providers, platforms and marketplaces observed their very first drop in 6 quarters, with mergers and acquisitions at a report superior.

Meanwhile, teletherapy – especially with regard to mental wellness and persistent conditions – was an investor hotspot, and digital treatment enablement companies observed a funding superior.  

Remote monitoring and diagnostics companies lifted $841 million throughout 33 offers, with decentralized lab checks and important indication monitors flagged as notable business enhancement regions.

And telepharmacy had a solid funding quarter, significantly when it came to immediate-to-shopper brands.  

The report also located that telehealth visits surface to be stabilizing at degrees over those pre-pandemic, although they are however below the premiums witnessed in March and April 2020.

THE Larger sized Development

Retail giants in the United States surface to be betting huge on telehealth, even amidst looming uncertainty about its regulatory foreseeable future.  

Walmart Well being and Amazon Care have equally signaled their designs to extend digital treatment during the nation, whilst proven telemedicine seller Amwell announced two acquisitions this week.

But it is really not all rosy: Amwell competitor Teladoc described a $133 million net decline this past quarter.   

ON THE Report  

“When all telehealth segments observed acquisitions through the quarter, the two biggest very hot places were digital/digital treatment enablement and telemedicine providers, platforms and marketplaces,” observed CB Insights researchers.

 

Kat Jercich is senior editor of Healthcare IT News.
Twitter: @kjercich
Email: [email protected]g
Healthcare IT News is a HIMSS Media publication.