The case for investing in healthcare startups
Despite their immense potential and positive impact, such startups struggle to attract funding
Add BT as a preferred source
SINGAPORE has seen significant growth in the number of startups and investments in the healthcare technology sector. Last year, Singapore’s healthtech startups raised US$409 million, with deal volume doubling from the previous year.
Across the globe, countries grapple with ageing populations, rising chronic disease burdens, and increasing healthcare costs. Conventional healthcare systems struggle to meet these demands – leaving room for startups that offer more efficient, cost-effective and patient-centric solutions.
Such startups harness innovations to tackle problems in traditional healthcare systems, improving patient outcomes, widening access and enhancing quality of care.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Is it time to scrap COE categories for cars?
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?
