The players in SEA’s ailing healthtech landscape

SOUTH-EAST Asia’s healthtech space seems to be under the weather in 2024.

The industry has recorded US$57 million in disclosed funding for the first three quarters this year, which was almost 85 per cent lower than the amount raised by healthtech startups in the same period in 2023.

Looking at the full-year figures, last year was also the most successful year historically for healthtech funding, with startups raising US$452.9 million.