Digital Health Post-COVID
The stock market did well in 2024, with the Nasdaq up 32% (see 2024: It Was (Another) Good Year In The Stock Market). But it was a challenging year for digital health tech companies. Two-thirds of publicly traded digital health companies saw losses in 2024 (see Digital Health Companies Got Pummeled By Wall Street In 2024 As Industry Adapts To Post-COVID Slowdown)—and many went out of business.
The struggles weren’t confined to public health companies; private equity (PE) deals in health care also declined in 2024—down 15%.;This downward trend has been ongoing since . . .