PitchBook年二季度数字健康报告（英）

EMERGING TECH RESEARCHDigital Health ReportVC trends and innovation spotlightsQ22024REPORT PREVIEWThe full report is available through the PitchBook Platform.CONFIDENTIAL. NOT FOR REDISTRIBUTION. PG 2ContentsInstitutional Research Group AnalysisQ2 2024 Digital Health ReportPublishingReport designed by Megan WoodardPublished on September 26, 2024DataCollin Anderson Data Analyst Aaron DeGagne, CFA Senior Analyst, Healthcareaaron.degagne@pitchbook.compbinstitutionalresearch@pitchbook.comVertical update3Q2 2024 timeline5Digital health landscape6Digital health VC ecosystem market map7VC activity8Innovation spotlights11Caregiver support12Personalized supplements14Select company highlights17Sword Health18Flo Health21Appendix24CONFIDENTIAL. NOT FOR REDISTRIBUTION. PG 5Q2 2024 Digital Health ReportQ2 2024 timelineApr 1May 1Jun 1Jun 30VC dealJune 4 Musculoskeletal (MSK) platform Sword Health reports a 1.5x valuation step-up to $3.0 billion and raises $130.0 million of new VC funding.VC dealJune 20Teletherapy platform Talkiatry raises $130.0 million as behavioral health continues to be a strong funding category in digital health.VC dealJune 26 Personal nutrition platform Foodsmart resets the market for telenutrition funding with a $200.0 million Series D led by The Rise Fund.M&AJune 20 In a sign that rising demand for weight loss drugs is beginning to fuel M&A, knownwell acquires virtual obesity platform Alfie Health.M&AJune 24 PE firm Altaris acquires public digital health company Sharecare for $540.0 million, a 50% premium to its public price, though a significant discount compared with its IPO value from 2020.Q2 VC deal count summary112total deals-16.4%QoQ change-24.8%YoY changeQ2 VC deal value summary$1.5Btotal deal value-5.7%QoQ change-3.3%YoY changeNewsMay 20 Hims & Hers Health announces the availability of lower-cost compounded versions of GLP-1 drugs. Weight loss has delivered strong early returns for the company, leading to year-over-year sales growth over 50%.CONFIDENTIAL. NOT FOR REDISTRIBUTION. PG 6Q2 2024 Digital Health Report3.94.04.33.5Digital healthlandscapeTelehealthDigital care & treatmentsSport & wellnessCare managementCONFIDENTIAL. NOT FOR REDISTRIBUTION. PG 8Q2 2024 Digital Health ReportVC activityQ2’s global digital health VC funding of $1.5 billion was slightly down from the previous quarter, though there was a rise in the median deal size as deal count declined for a second straight quarter. Given that three quarters have passed since deal activity reached a low point of $1.3 billion in Q3 2023, we predict that the worst period for digital health VC funding has now passed. Still, VC activity has remained in a tight range between $1.3 billion and $1.7 billion since the end of 2022, and we expect to see a similar degree of funding in the coming quarter as well, barring any significant market changes. In Q2, teletherapy platform Talkiatry and virtual physical therapy platform Sword Health accounted for two of the largest VC deals,