The health technology sector in the UK has experienced an unprecedented surge in growth, marked by soaring merger and acquisition M&A activity and record-breaking fundraising ventures in recent years.

The onset of the COVID-19 pandemic further fuelled the adoption of digital health solutions, prompting a rush of investment interest in this rapidly expanding industry.

Nevertheless, the market has shown signs of moderation in recent months, with valuations aligning themselves more closely with the broader listed software ecosystem, and funders exercising increased caution.

Our recently published report aims to delve into the dynamics shaping the UK’s health technology market, exploring the factors behind its extraordinary growth and the challenges it faces as it matures. Highlighting key M&A deals, significant fundraising initiatives, and the strategic moves of private equity and venture capital firms, we offer an analysis of the current landscape and future prospects in the health tech sector for 2023 and beyond.