Digiceuticals: High-Tech Meditation Goes Mainstream
Source: Fortune Business Insights
The Signal: Investment in digital health care is booming. As of early August, CBInsights’ 2020 Digital Health 150 — a list of global startups that includes 12 unicorns — had raised $20B+. Mental health startups are leading the way — equity investments reached a record high of $576m in Q1 of 2020, up 400%+ from Q4 of 2019.
Consumers are embracing mindfulness apps and meditation in droves — they’ve been shown to have a positive influence on mental health. They are now starting to attract attention from both tech and regulators. As those practices spread, investors and entrepreneurs will have opportunities to develop even more powerful mental health tools.
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