Last year was the quietest year for medical-device investing since 2005, according to industry tracker DJX VentureSource.
But the troubled sector–made up of technologies that run the gamut from imaging machines that take up half a room to tiny implantable devices that prop open arteries–is not down for the count, device investors say.
Last year saw $2.5 billion invested across 261 deals, an approximate return to the numbers from eight years ago, when $2.4 billion was invested across 251 deals, VentureSource data said. Medical device investing began to climb in 2006, then began dropping precipitously after 2011.
Image: Chris Ratcliffe/Bloomberg News
To read the original article: Medical Device Investing Drops, Though Some VCs Welcome ‘Weeding Out’ Process - Venture Capital Dispatch - WSJ
