Description
We are delighted to share with you our 2020 Asia Pac HealthTech Landscape Half Year report, the 7th edition of our bi-annual go-to-reference for ecosystem key trends and insights for investors, corporations and digital health ventures.
As we publish this report, the WHO reports that cases and deaths from COVID-19 have passed 11 million and over 500,000 deaths. It is a great stress test for healthcare systems across the world and for digital health investments.
Whilst Galen Growth has witnessed a significant shift in the adoption of digital health solutions to address weakened and, at times, inadequate healthcare systems, HealthTech has seen a substantial loss of investment momentum in H1 2020 which closed at US$1.9B invested, approximatively half of H1 2019, across 171 deals, a 46% dropped from last year first six months.