With Record Level of Health Care Tech Spending in Q1, Israel Makes Strides in US market Tara Kavaler 05/05/2021
$9 billion was spent globally on health care infrastructure in the first three months of 2021.
With a record-breaking amount of money spent on health technology companies in the first quarter of 2021, and most of it spent in the United States, Israeli companies made great inroads in what is easily its most important market.
According to a recently released report by CB Insights, a company that provides data analysis on the tech market, titled “State of Healthcare Q1’21 Report: Investment & Sector Trends To Watch,” global health care funding hit a new quarterly record, with a total of $31.6 billion from January to March. Health technology companies also secured a record high of over $9 billion dollars in the first three months of this year. Of over 130 deals involving electronic health services, 72 were made in the United States.