As we countdown the days to MA Global Platforms Presents Australia, we are happy to announce that the startups that will be presenting on the 22nd will be from a variety of sectors including Healthtech, EdTech, Digital Media and more!
When it comes to the pandemic, it can be said that healthcare and education have in many ways been affected the most. If there is anything this pandemic has helped us realise - it is the true value of healthcare. Healthcare has become a sector that is no longer confined to hospitals and clinics, but has become a vibrant space in the startup ecosystem, wherein entrepreneurs are taking it upon themselves to devise path-breaking solutions, revolutionizing the way we look at health and well-being. The marriage of healthcare and technology or ‘healthtech’ as it is now known is driving not just innovation but is playing a key role in improving human life, in general. With the use of artificial intelligence, start-of-the-art sensors, blockchain technology and more, healthtech is growing at breakneck speed, having raised $8.3 billion in funding just last year! It is estimated that the enterprise healthtech industry will grow to $1.3 trillion by 2025.
Before the pandemic, many sat on the fence about studying from home and while the facility existed, many chose to stick to more conventional forms of education involving classroom teaching at physical venues. However, a year into the pandemic, online education has allowed millions of students from all over the world to continue learning. It has also given professionals the opportunity to continue to sharpen their skills by taking a variety of online courses. In lieu of this, the global edtech market is set to reach $404 Billion by 2025, growing at an estimated 16.3% CAGR. These forecasts suggest that the world is placing more faith in EdTech and this area is about to explode with more possibilities than ever before.
As spaces to invest, Healthtech and Edtech are promising by the looks of it as their future looks immensely bright. We hope that you will tune in on 22nd May to witness Australian startups from Healthtech and Edtech, among others take centre-stage as they pitch for investment and partnership opportunities!