the power of healthtech - singapore in one view

Galen Growth Asia is an independent organization with the objective of developing the healthtech ecosystem across Asia through collaboration between all interested stakeholders.

Singapore in One View

We are in a progress of empowering our healthcare system and medicine and own lives by the application of digital technology. Today, we are already using artificial intelligence to improve medical diagnoses or robots for homecare of the elderly. Genomics has the power to decode our DNA to design tailored pharmaceutical

treatments. The future is bright for human healthcare: By 2030 replacement of kidneys and liver will most properly be discovered and personalized treatments will

be the norm – available to everyone.

Blood-screens

prick blood-test

of a finger-

Genetics

272 visits for geneticcounselling at NCCS

150 % morethan 2011

Mobile Health

30% annual growth rate

3 b mobile phone users in Asia

Healthcare costs

are the expected healthcare costsBy 2020 according to Tharman Shanmugaratnam

Wearable Technologies

got 4 major advantages

Telemedicine

tackles aging population.

By 2030 1 in 5 Singaporean is older than 65

Diabetes

2014 2030 2050

Estimated cases of Diabetes In Singapore according to MOH

Mobile Penetration Rate

150

2006 2008 2010 2012

Penetration rate in Singapore

e-Textiles

Smart clothing is

According to the survey done by Accenture Consulting many Singaporeans believe that accessing medical information outweigh the risk of privacy

invasions. Both consumers (78%) and doctors (81%) agreed that the use of wearables helps a patient engage in their health.

50% TheSaving 1) Real-time data collection

3) Predictions2) Empowering Patients

2) Continuous Monitoring

44

0,0

00

67

0,0

00

> 1

,00

0,0

00

the futureOf wearables

140

130

120

110

100

90

2014 2016

Source: data.gov.sg

Risk of privacy invasion outweighs benefits

Benefits of access outweighs the risk

2014 2016

53%

47%

66%

34%

S$ 20b

&

“Asia, with its aging demographic, high mobile penetration rate and government support for innovation

looks to be uniquely situated for a rapid embrace of digital health.”

Snehal Patel, CEO, MyDoc

By Dario Heymann

"It is a perfect storm! The ever growing chronic disease burden and the ageing population, compounded by often limited healthcare infrastructure meets a phenomenal

tech-tonic shift within healthcare thus creating a unique opportunity for each Asian economy to improve the

standard of care across the region”Julien de Salaberry, Co-Founder, Galen Growth Asia