Money Makers Mentor

Covid-19 Makes Digital Health Attractive to Venture Funding

The Covid-19 pandemic has driven demand for telehealth services. Digital health businesses are soaring. These business services vary from telemedicine, mobile health applications, healthcare analytics, clinical decision support, and wellness.

But the most attractive to investors is telemedicine services which attracted funding worth about $2 Billion in Q1 2021. Telehealth services have brought new solutions in recent years. Since the pandemic, the demand for safe and efficient health care services has increased. The main products of telehealth are telemedicine, video consultation and remote patient monitoring.

Mobile health applications accounted for investment of $912 Million in Q1 2021. The features allow users to book or cancel medical appointments. It also enables patients …

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