merchandise that intention to enhance well being and wellbeing for much less. Enterprise funding for retail well being and wellness tech startups set a file within the first quarter of 2021, with $4.2 billion invested throughout 153 offers.
Our newest installment of Emerging Tech Research gives an outline of the newest developments and alternatives within the retail well being and wellness tech vertical, together with valuations, exits and the results of the pandemic. Among the many takeaways:
- We count on funding within the vertical to stay strong within the foreseeable future, particularly amongst customized medication and testing suppliers and digital well being corporations.
- Distant affected person monitoring units, which monitor and ship real-time suggestions to healthcare suppliers, have been confirmed to offer robust outcomes at low prices. Info collected from these units is opening doorways to new data-driven remedies.
- Digital alternatives for health tech startups, which raised file VC funding in 2020, are more likely to stay robust at the same time as shoppers return to the fitness center post-pandemic.