Healthtech & Edtech
While HealthTech and EdTech were critical during the pandemic, the two sectors remain nascent.
Challenges will need to be addressed before they can be commercialized at scale, but the boost in adoption, compounded by fast growing funding, is likely to propel innovation in the coming years.
HealthTech usage has grown by 4X and has retained its users post-lockdown
Usage of Telemedicine platforms, by monthly active user, indexed to January 2020 (pre-lockdown)
Source: AppAnnie; SEA data comprises of both iOS and Google Play
SEA is home to a budding ecosystem of EdTech startups
EdTech saw a steep uptick in 2019 following years of modest funding
Deal value (US $_B)
Source: Industry reports, VC partners, Bain Analysis, 2020