Health Tech Investment in Asia Pacific Falls 56% in Q1 2020

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Dwi Hadya Jayani 24/09/2020 15:00 WIB

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Investment in health technology (healthtech) companies in the Asia-Pacific region fell 56% from US$1.6 billion in Q1 2019 to US$703 million in Q1 2020.

Health Technology Investment in the United States & Asia (Q1 2019 & 2020)

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Health Technology Investment in the United States & Asia (Q1 2019 & 2020)

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Investment in health technology (healthtech) companies in the Asia-Pacific region fell 56% from US$1.6 billion in Q1 2019 to US$703 million in Q1 2020. Conversely, health technology investment in the United States tripled to US$3 billion.

CIMB Asean Research Institute explained in its report that although the impact of Covid-19 was felt across the board in health technology investment in the Asia-Pacific region, the full funding impact is yet to be seen. Furthermore, it will be difficult to ascertain the extent to which this capital has been fully allocated.

Editor : Muhammad Ahsan Ridhoi

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."