SEA Health Tech Investment Insights slide image

SEA Health Tech Investment Insights

Health Tech is well positioned to solve these challenges. Technology can play a key role in delivering convenient, cost-effective, and high-quality treatment • • Convenience & Access: Technology and data can deliver the same convenience and cost savings found in other parts of the online economy, such as e-commerce. With telehealth, people in rural and other remote areas are now be able to receive an online diagnosis and access digital resources to address their needs. Cost Effective: Instead of visiting a clinic, a patient can talk to their doctor via a smartphone app, thus saving cost of travel and a day of paid work, which many travelling from remote areas must forego. High Quality: Technology can give access to higher and more standardized quality of healthcare. People often travelled for hours instead of visiting their local doctors because of the inadequacy of professional level and medical equipment available locally. • • • SEA's Readiness for Health Tech 69% 67% 48% 43% % Digital Penetration Indonesia Vietnam Thailand Philippines Rapidly Increasing # of Internet Users in SEA 260M 360M 2015 2019 Digital Penetration: Just over a decade ago, four in five Southeast Asians had limited to no Internet connectivity. Today, there are 360+ million Internet users in the region, with 100M users added in the last 4 years. Receptiveness of Healthcare Professionals: According to a PwC Health Research Institute survey, 85% of clinicians in Southeast Asia said they would use data from apps, wearables and some form of technology in future treatments Signs of governmental push to adopt technology: Both the Philippines and Thailand gov'ts, for example, have introduced measures to incorporate technology into their healthcare system Sources: Monk's Hill ("How will tech meet evolving healthcare need in Southeast Asia"), Google & Temasek / Bain, e-Conomy SEA 2019 ("Southeast Asia's $100 billion Internet economy"), World Bank INSEAD 16
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