PE, venture capital deals in healthcare, health tech firms grew 16% in 2019

Surge defies economic slowdown and a pricing and insurance issues, as healthcare is seen as a necessity from consumer's perspective

Private equity and venture capital investments in healthcare and healthcare technology companies grew by 16.3 per cent in 2019 to $3.62 billion, from $3.11 billion, a year ago. Almost 58 per cent of the investments were in the healthtech segment. The industry continues to attract investors despite the economic slowdown, and the trend is likely to continue even in 2020, say experts.

Health tech has attracted a major share of these investments, with 55 deals worth $2.12 billion. This was twice the $1.06 billion raised in 81 deals during the same period last year. Forty-nine of the 55 deals, were venture