South-east Asia’s healthtech startups face funding challenges
HEALTH is wealth. In South-east Asia, this phrase is catching on – at least if the amount of money people are putting into digital healthcare products is any indication.
Revenue from the region’s digital health market is expected to reach US$5.4 billion by the end of this year and US$8.4 billion by 2028, a Statista report stated.
This is keeping investors interested. Total funding secured by healthtech companies in 2023 has reached US$372.1 million in the year to date, according to Tech in Asia data.
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