The Oatmeal Bite

The Oatmeal Bite

US Dominates Global Digital Health Investment

The US captured 76% of all global digital health funding in Q1 2026 — here's what that concentration means for the companies not in the top markets

Jonathan Govette, CEO/Oatmeal's avatar
Jonathan Govette, CEO/Oatmeal
May 30, 2026
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The U.S. just captured 76% of ALL global digital health funding. $5.34 billion in Q1 2026 alone.

But here is what is really happening beneath the headline number — and why it matters more for healthcare operators than the aggregate figure suggests.

📊 The $5.34 billion in US digital health investment in Q1 2026 represents a 34 percent increase over Q1 2025, continuing the recovery from the 2022 to 2023 funding contraction that reshaped the digital health startup landscape. But the distribution of that capital is highly concentrated. The top 20 deals accounted for approximately 65 percent of total funding. The companies capturing the largest rounds are clustered in AI-powered clinical tools, revenue cycle automation, and care navigation platforms — all categories where the enterprise sales cycle is long but the contract value is large.

The geographic concentration compounds the category concentration. San Francisco Bay Area, Boston, and New York metro account for the overwhelming majority…

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