Digital Health & Welness

Digital Health. The pandemic accelerated digital health and wearable tech adoption, making it a prime arena for big tech companies to compete in 2023. Big Tech has taken notice, investing $3.6bn in health-related M&A activity in 2021, focusing on data and devices. With Amazon's $3.9bn acquisition of One Medical and TikTok’s (ByteDance) $1.5bn acquisition of Amcare, the investment in digital health is only expected to increase.

Digital Health. Digital health and wearable technology ownership grew markedly during the pandemic, and is likely to be a key battleground in 2023 for big tech companies. This trend didn’t go unnoticed by Big Tech, which collectively spent $3.

6bn on health-related M&A activity in 2021, centered on data and devices. Investment stepped up this year: Amazon acquired primary care tech provider One Medical in a $3.9bn deal, while TikTok-owner ByteDance revealed its own $1.

5bn acquisition of hospital company Amcare..

Digital Health & Welness

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