Digital health IPOs
The market capitalization of Evolent Health reached 654 million U.S. dollars as of January 2016, an increase from their opening bid in June of that year at 195 million U.S. dollars. In 2014, IMS Health made the most important digital health IPO. IMS was founded in 1954 and is headquartered in Danbury, Connecticut. The company offers services, information, and technology for the healthcare industry across the world. It is one of the more prominent global market research companies and generated research revenue of 2.54 billion U.S. dollars in 2013.
The digital health market is growing and the growing number of opportunities and companies are reflecting the expansion of the industry. From 2010 to 2014, industry funding increased from 1.1 billion U.S. dollars to seven billion U.S. dollars, respectively. In 2015, there were 500 investment deals made within the industry. The United States has the leading digital health market in the world, with San Francisco and New York being two of the most active metropolitan areas, reaching 2.1 billion U.S. dollars and 687 million U.S. dollars in funding, respectively.