We are pleased to share the Galen Growth Asia FY2018 China HealthTech Landscape report, a unique go-to-reference key trends report on China digital health ecosystem.
No longer experiencing double-digit economic growth, China’s economy has settled into a respectable but lower growth rate range between 6 to 7% annually. As the central planners prescribed, the economy is now shifting from quantity growth to higher quality growth.
The increasing willingness to embrace foreign technology, on their terms, combined with the lower bureaucratic barriers, is creating significant opportunities for investment.
China’s government expect integrated digital solutions to improve service levels, enhance trust with patients and facilitate communication among professionals for diagnosis and consultation.
More money available to spend on healthcare which is leading the healthcare industry to diversify and offer more opportunities for niche products, services and smaller businesses.
China represents the lion share of HealthTech investment in Asia Pac, raising more than US$5.6B in 2018, or 85% of total funding in the Asia Pac region. With over 150 deals, China’s digital health ecosystem is in rude health.
This report is powered by HealthTech Alpha, a Galen Growth Asia (GGA) solution, the most advanced HealthTech analytics solution in Asia Pac, continuously curated, verified and updated.