Silicon Valley Bank failure could foreshadow health tech shifts

15th March 2023 – Steve Holloway – Featured on AuntMinnieEurope.com

‘… Funding activity for radiology decreased in 2022, according to Steven Holloway, principal analyst and company director at Signify Research, a health tech, market-intelligence firm based in Cranfield, U.K.

“We observed a definite ‘calming down’ of funding throughout 2022 for radiology, due in part to the fact that the impact of COVID in 2020 and 2021 caused record funding, but also because the radiology AI market has started to mature,” Holloway told AuntMinnie.com. “Many vendors have maximum two- to three-year ‘runways’ for funding, while others have much shorter timeframes and will need to raise money again in a tougher investment market.” …’