New frontiers

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

HealthTech and EdTech have both played crucial roles during lockdowns.

Extremely nascent, they are set to take off as the pandemic helped lower old barriers and injected new impetus to the two sectors.

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Cautiously optimistic