The digital health sector raised $5.5 billion in venture capital funding during the first nine months of 2017, according to a Mercom Capital Group report.
For the report, the global research firm tracked and analyzed VC funding and mergers and acquisitions activity for the digital health sector in the third quarter of 2017. In total, digital health companies raised $1.5 billion in VC funding and engaged in 227 deals during the third quarter.
Here are the top categories for digital health VC funding in the third quarter, according to the report.
1. Data analytics: $554 million
2. Telemedicine: $232 million
3. mHealth apps: $150 million
4. Mobile wireless: $132 million