Following nearly 5 years of increased activity in the space, 2016 dropped to 5 deals from a high of 12 in 2015.
When it comes to digital health, it seemed that tech companies in 2016 were looking more toward internal development rather than “outsourced R&D” in the form of startup investments or acquisitions.
Google launched Verily, which recently committed to a 10,000 person health study panel to establish a “baseline” of health that year. Apple has introduced HealthKit, CareKit, and ResearchKit. Facebook has an opening for a brain-computer interface engineer.
But in taking a closer look at the direct investment activity of the top five tech giants by revenue (Google, IBM, Facebook, Amazon, Microsoft) into digital health startups, a slowdown emerged last year. Following nearly 5 years of increased activity in the space, 2016 dropped to 5 deals from a high of 12 in 2015.