AI Investment Accounted for Nearly Half of Healthcare Investment in 2025; Silicon Valley Bank Releases 17th Healthcare Investments and Exits Report

Investment Overview - AI investment in healthcare exceeded $18 billion in 2025, representing 46% of total healthcare investment [1][7] - Overall healthcare investment totaled $46.8 billion in 2025, marking a 12% decrease from the previous year [1][7] Sector Performance - Investments in healthtech and device sectors grew by 5.3% and 1.5% respectively, while biopharma and diagnostics/tools sectors saw declines of 19% and 33% [7] - Total venture capital deal counts in healthcare decreased by 7% in 2025, indicating a more selective funding environment [7] Fundraising Trends - Healthcare-focused venture capital firms raised $7 billion in new funds in 2025, down from a peak of $41 billion in 2021 [7] - First-time and emerging managers are experiencing longer fundraising cycles, with capital increasingly directed towards companies with clinical validation and revenue traction [2] Deal Dynamics - 2025 saw more healthcare AI deals over $300 million than in any other year, with these large deals accounting for 40% of total healthcare AI spending [7] - Deals of $300 million or more represented 29% of total healthcare AI deals in 2023 and 31% in 2024 [7]