China is the second most active market for digital health funding. A decade into the country's healthcare reformation, we highlight the top equity funding trends in the region.
Since the Chinese government commenced an ambitious healthcare reform initiative in 2009, the digital health ecosystm in the country has flourished.
Now, China is the second most active country when it comes to digital health funding, according to CB Insights’ Q3 Healthcare Report.
Since 2009, over $11B in private funding has flowed into China-based digital health companies across nearly 800 deals. Annual funding first crossed the $1B mark in 2015, while 2018 saw a peak of 222 digital health deals.