More tech start-ups in healthcare springing up in Asia
28-Aug-17, The Straits Times
With connectivity at nearly everyone's fingertips, the tech-driven consumer healthcare industry in Asia is estimated to be worth billions of dollars today.
Image: ST / Lau Fook Kong
The National University of Singapore Business School said that close to 900 investors helped seal health-tech deals in 2015 in Asia, up 25 per cent from 2014. And the industry keeps growing.
Given the factors of an ageing population, growing middle-class affluence and rising healthcare costs, more healthcare start-ups can be expected in areas such as chronic disease management and digital diagnostics as well as consumer health and wellness.