Asia’s only connector devoted to HealthTech
We connect and catalyze at the convergence of healthcare and technology. Our mission is to foster a sustainable and vibrant HealthTech ecosystem across Asia in order to enable improved health outcomes.
Galen Growth Asia exists to act as a catalyst at the intersection of the healthcare and technology convergence to enable Asia’s HealthTech ecosystem. Our mission is to develop a sustainable and vibrant HealthTech scene across Asia – fostered through collaboration between corporations, investors, new ventures, hospitals, governments and other stakeholders.
The need for healthcare in Asia is rising rapidly. At 3.5 billion people, it is home to 50% of the global population and over $1.7 trillion in healthcare spend. This projected spend will continue to increase, led by several demand drivers: 1) Increase in prevalence of chronic diseases and growing disease burden from changing lifestyles and ageing, 2) increasing affordability and awareness of the emerging middle class, 3) increasing role of the government in the provision of healthcare, and 4) recognition that a healthy society is the key to economic growth.
Just as Industry 4.0 is impacting all sectors of industry, healthcare is being transformed by global rapid technological changes: rapid economic development and demographic changes, increasing affluence and demand for better healthcare services, aging and comorbid population, just to mention a few.
Galen Growth Asia believes that HealthTech will play a central role in addressing these demand drivers and thus significantly improving the standard of healthcare in Asia.
Great ideas will realize their potential through a great network: By catalyzing the formation of such a HealthTech network comprising startups, corporations, research institutes, healthcare delivery systems and clinicians, investors, government agencies, regulatory bodies and media, we aim to break down the silos and create an effective ecosystem. Put simply, our goal is to connect.
Through our focus on enabling both social value and investing opportunities, we mobilize thought leaders in healthcare and technology, support innovators in HealthTech to inform their solutions and business models, and provide valuable insights for market access, business development and investment opportunities.
We would not exist without our sponsors, partners and community, who support our rapid growth and are helping us shape the ecosystem of HealthTech in Asia. We invite you to partner and work with us to make healthcare in Asia better!
Galen Growth Asia is Asia’s HealthTech Connector!