A Historic Year for Healthcare Tech
Healthcare deal activity and size are at all-time highs, with nearly $32 billion in announced M&A and 12 deals bigger than $1 billion, putting 2019 on pace to be the largest year ever. As technology and healthcare become increasingly intertwined, significant investment from outside healthcare is growing. Over the past two years, large companies as diverse as Amazon, Google and Best Buy have made material acquisitions in the sector. Looking ahead, Goldman Sachs expects investments into the healthcare industry will continue to be driven by the use of healthcare data, as well as new technologies to improve labor-intensive processes and drive profitability.