SEA Health Tech Investment Insights
Rising income groups and an affluent population have
fueled the demand for higher quality of care
INSEAD
Existing healthcare systems are subpar in
terms of quality
Patients often do not have enough time
with their doctor; The typical experience is
three minutes of care after a three-hour wait
Public Healthcare Centers often do not
provide all the services they are supposed to
Lack of sufficient equipment for surgery and
intensive care units in public hospitals
Significant variation in quality of medical
equipment between national and provincial
hospitals
+
There is a marked rise in the size of the
affluent and middle-class across SEA
In 2017, the middle class and affluent
customers made up -60% population in
Thailand and ~44% in Indonesia
50 million new consumers will join the
ranks of the middle class in Indonesia, the
Philippines, Thailand, Vietnam and Malaysia
by 2022, contributing to the region's $300
billion middle-class disposable income
There is growing demand for access to better healthcare facilities and higher quality of healthcare
Sources: Monk's Hill ("How will tech meet evolving healthcare need in Southeast Asia"), Bain & Company ("Understanding Southeast Asia's Emerging Middle Class”),
Consultancy Asia ("BCG report highlights the growing upper wealth classes of ASEAN")
15View entire presentation