Digital Health Venture Partnerships Q1 2024

Digital Health partnerships in Q1 2024 totalled 379 partnerships, indicating a year-on-year (YoY) decrease of 33% compared to in Q1 2023, when 569 partnerships were announced.

United States led with the highest number of partnerships in Q1 2024, totalling 233. South Korea and United Kingdom disclosed 71 partnerships, constituting 13% and 6%, respectively.

The majority of partnerships with Digital Health ventures were announced by Healthcare Provider. In Q1 2024, a total of 113 partnerships were revealed between Healthcare Provider and Digital Health ventures, accounting for 30% of all partnerships announced.

Among the most active partners for Digital Health ventures in Q1 2024 was Lilly, announcing partnerships with 6 ventures in total. Beyond Lilly, Mayo Clinic and Intermountain Health also announced partnerships with Digital Health ventures in Q1 2024.