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SVB Report Finds 2024 Resurgence In Healthtech Investment, Driven Largely By Investments In AI

 
• By Marion Webb

Venture capital investment in healthtech is showing signs of early recovery in the first half of 2024 after the long hangover of a downturn that followed booming investments during the pandemic years, according to a new report from Silicon Valley Bank (SVB). Despite ongoing challenges, healthtech is on a positive trajectory and hovers between $3.5bn and $4.5bn per quarter, surpassing pre-pandemic levels.

Healthtech, AI (Shutterstock)

Venture capital investment in healthtech is showing signs of early recovery in the first half of 2024 after the long hangover of a downturn that followed booming investments during the pandemic years, according to a new report from Silicon Valley Bank (SVB). Despite ongoing challenges, healthtech is on a positive trajectory and hovers between $3.5bn and $4.5bn per quarter, surpassing pre-pandemic levels.

Healthtech AI is leading investments, but mostly for administrative and back-office solutions as health care providers seem less comfortable with the idea of deploying AI for clinical solutions, which also...

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