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US digital health startups have roped in $5.5 billion thus far in 2019, and the sector is on track to reel in a grand total of $7.3 billion by the end of the year - hanging slightly below the record $8.3 billion digital health firms raised the last year - according to Rock Health.
Digital health startups have seen explosive growth over the last two years - but a 2020 recession could bring it to a screeching halt
We anticipated funding levels to fall a bit after the chart-busting 2018, so the drop-off isn't coming out of the left field. But we think we could see a significant halt to cash pumped into health tech upstarts as we look toward 2020 and the threat of recession looms.
2019.10.03 / 17:53