Dedicated to scaling the HealthTech ecosystem in Asia
We partner with enterprises, investors and startups to accelerate and deepen their understanding of this exciting ecosystem. We offer client specific analytics and advisory solutions to help them find the right options and scale their innovation plans.
The need for healthcare in Asia Pacific (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 (IR4) is impacting all sectors of industry, healthcare is being transformed globally by rapid technological advances. Galen Growth Asia believes that HealthTech, aka digital health, will play a central role in addressing these demand drivers and thus transform the standard of healthcare in Asia.
Over the past 2.5 years, Galen Growth Asia has played a key role in the fast growth in momentum in the digital health ecosystem in Asia. With over 4000 HealthTech ventures valued at over $70B, growing investor appetite deploying in excess of US$3.3B in H1 2018 alone and numerous corporates, both incumbents and new entrants, building innovation teams, HealthTech in Asia is poised for a promising future.
Great ideas will realise their potential through a vibrant network of collaborators and co-creators. Galen Growth Asia is Asia’s HealthTech Connector and Builder!