Did you know that Singapore attracted the largest total number of venture capital deals for digital health in Asia, apart from China and India? Digital health, or HealthTech, is a rapidly growing sector globally, and Singapore is fast becoming a leading hub for HealthTech in Asia.
In this report, we partner Galen Growth Asia to provide an overview of the Singapore HealthTech startup ecosystem. Between 2015 and 2018, the ecosystem grew at a 23 per cent CAGR to more than 170 startups headquartered here, the majority of which have a regional or international footprint. With diversity of corporate and public HealthTech innovation partners, Singapore has created a dynamic ecosystem where talent, capital and expertise meet to pilot and scale digital healthcare and wellness solutions for Asia.
The report also provides case studies of how four companies have chosen to grow their HealthTech businesses from Singapore. For those looking to undertake HealthTech innovation activities here, the report includes a short resource guide to help you get started.