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Talent, data privacy laws and collaborations vital to Asia Pacific's healthtech growth

Nurdianah Md Nur
Nurdianah Md Nur3/17/2022 11:28 AM GMT+08  • 4 min read
Talent, data privacy laws and collaborations vital to Asia Pacific's healthtech growth
Greater private-public partnerships needed to fix the mismatch between patient needs and the current focus of healthtech firms.
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Finding the right talent is the most significant challenge for healthcare technology (healthtech) start-ups in Asia Pacific, especially for those in their early stages. The top two in-demand skills for the sector include big data/predictive analytics and artificial intelligence.

Healthtech start-ups in the region also cited the lack of data privacy regulations and the challenge of establishing partnerships with public and private institutions as barriers to scaling up.

These are some of the findings from Medtronic’s Asia Pacific’s Healthcare Technologies Ecosystem: Enhancing start-up and SME Success whitepaper, written by the Economist Impact and supported by the Singapore Economic Development Board.

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