Snippets | 2018/05/22
Public health experts, health economists, agents of foreign specialised hospitals and patients say Bangladeshis seeking treatment abroad is on an upward trend since patients are unwilling to gamble with their life and health. A low confidence in local doctors and flawed diagnosis are forcing a large number of Bangladeshis to travel abroad for treatment of medical conditions such as cancer, cardiac ailment, autism, infertility, as well as medical check-ups, say stakeholders in the sector. →
Snippets | 2018/05/29
Given May is (U.S.) Mental Health Awareness Month we thought it fitting to pen a few facts and insights about how digital technology is positively impacting the mental health space. As you could imagine digital mental health, aka MentalTech, is that space where digital technology is bring about improvements in mental health preservation, therapy access, and services delivery efficacy and efficiency. DMH spans the care continuum from prevention to diagnosis to treatment to recovery. →
HealthTech Updates | 2018/05/22
Award-winning Health Insurtech startup The CareVoice launched an artificial intelligence based solution as part of its mobile-based and data-driven solution for insurers. Julien de Salaberry, CEO and Founder of Galen Growth Asia, the Asia HealthTech ecosystem connector and builder, caught up with Sebastien Gaudin, CEO & co-founder of The CareVoice, in Amsterdam last Friday, at the Digital Insurance Agenda 2018 conference. →
Snippets | 2018/05/08
Similarly to reports in the USA, HealthTech, aka digital health, in Asia Pacific is a reality and it at an inflection point. According to Galen Growth Asia, over US$2.6B was invested in HealthTech ventures across 230 deals in 2017, breaking all records, and the first quarter of this year saw another $979M invested. →
Snippets | 2018/04/10
Hot on the heels of a record breaking 2017 where funding exceeded US$2.6 billion across a total of 230 deals executed, Asia HealthTech funding shows no signs of slowing down as we close the first quarter of investment activity for 2018.
To recap 2017, the number of deals practically doubled with the region’s top 10 deals representing 40% of total deal value in 2017. As HealthTech in Asia continues to accelerate, so is investors’ confidence growing. The funding activities of 2017 showed investors placing more bets in all investment rounds whether early, growth or late stage. →
Snippets | 2018/03/22
After a 2.5-year investigation, sanctions and a lawsuit against Silicone Valley unicorn Theranos’ CEO Elizabeth Holmes, the USA’s Securities and Exchange Commission charged Ms Holmes with fraud against investors last week and stripped her of her majority control among other penalties. →
Snippets | 2018/03/08
Matching the supply and demand needs of patients and healthcare professionals is an important health system inefficiency in Asia Pacific that needs to be address.
More troubling, are the latest data revealing that Human Capital Flow inefficiencies are anticipated to deteriorate with time. Could HealthTech offer opportunities to solve this paint point in Asia? →
Snippets | 2018/03/01
With all the technological progress and innovation we have witnessed in the past fifty years, a model efficient healthcare system still evades developing and frontier nations. Is it just a question of more investment and resources? Or is it something more much more fundamental?. →
Snippets | 2018/02/01
Last year, in a February 2017 post for the Galen Growth Asia blog, I described Vietnam as a “greenfield” for HealthTech innovation. At the time, I saw relatively few companies and organizations focused on digital solutions to Vietnam’s healthcare challenges. One year later, however, I’m noticing a lot more interest in the field. Could this mark the beginning of a HealthTech renaissance in Vietnam?. →
HealthTech Updates | 2018/01/30
Founded in 2014 in Shanghai, The CareVoice is a consumer-centric health InsurTech start-up redefining healthcare and insurance experience for people in China. We give people access to transparent, high-quality and personalized digital services to improved their health, especially for insurance members. →
Snippets | 2018/01/23
2017 Asia HealthTech funding, overtook 2016, breaking all records and, as we predicted last July, exceeded US$2.6B!
Almost doubling 2016’s total number of deals, 2017 saw 230 deals executed.
The team at Galen Growth Asia has recently published a comprehensive report from their analysis of the full year 2017 data from the Asia HealthTech ecosystem. Here are the top 5 reasons why 2017 was a record-breaking year for HealthTech in Asia. →
HealthTech Updates | 2018/01/16
2017 Asia HealthTech funding, overtook 2016, breaking all records and, as predicted by Galen Growth Asia last July, exceeded US$2.6B! Almost doubling 2016’s total number of deals, 2017 saw 230 deals executed.
The Asia HealthTech Investment Landscape 2017 Full Year report is based on our comprehensive funding analysis of Galen Growth Asia’s unique HealthTech database. →
HealthTech Updates | 2017/11/29
8 out of 10 industry stakeholders currently believe that transforming Asia healthcare requires a focus on Patient and Information Flow. At Galen Growth Asia, we believe this to be shortsighted.
HealthTech is in its nascent steps in Asian countries. The number of startups and corporate initiatives is growing fast, as is the widespread opinion that HealthTech represents an unprecedented opportunity to address key healthcare issues when it reaches scale. →
HealthTech Updates | 2017/10/12
More money invested in Q3 compared to Q2 but less than Q1! The HealthTech scene in Asia is still relatively nascent but, nevertheless, witnessed significant growth in HealthTech investments with $1.2B invested across 127 deals for the first half of 2017 ($2.3B invested in 2016 alone). The third quarter of 2017 may be demonstrating the early signs of a maturing ecosystem with fewer deals and bigger bets. →
Snippets | 2017/09/26
To the untrained eye, all healthcare systems are created equal. We can’t help but imagine that everyone has access to a decent quality primary care doctor. The reality is, nothing could be farther from the truth. Resource poor settings are “resource poor”. And when it comes to health care systems, resources do matter, especially the human and financial kind. →