June 20, 2013
Venture capital investment in the mHealth sector totaled $907.7 million for 2012 according to data compiled by Mobile Health Market News. Investment during the fourth quarter of 2012 came to $200.7 million, down just six percent from Q3. For Q4, the leading sector by far was HCIT which accounted for 45% of mHealth investment dollars during the quarter. HCIT also led the other subsectors for the year capturing just under 46% of investment.
The second most popular subsector for investment in 2012, as well as in Q4, was monitoring taking in $191.2 million for the year (or 21% of total capital) and $62.4 million in the fourth quarter (or 31% of total capital).
For the year, consumer apps came in third place among the subsectors with a total investment of $120.7 million or 13%. However, investment in this subsector was dominated by the $100 million investment that went to Castlight Health in Q2. For the fourth quarter, third place went to companies that develop wellness apps and tools. The subsector netted $27.6 million in Q4. For the year, wellness ranked fourth with total investments of $101.4 million.
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