Redefining MedTech and AgriTech
Asia's Med-Tech market is poised to grow to about US$133 billion in 2020, surpassing the European Union as the second-largest market globally, according to a McKinsey report. The next wave of growth in the region will be seen on innovation, commercial, and strategic capabilities.
The Global Agri-Tech market will grow at a CAGR of more than 18% during the forecast period 2019-2025. Disruption on production, profitability, and market reach is expected to create new opportunities in the farming and biotechnology sector.
Democratising Technology & Driving Accesibility & Availability
Promoting a cost-effective, value-based approach to healthcare by demonstrating the value of innovative medical technology in improving the quality of care and outcomes. Agriculture 3.0 describes the increasing implementation and promotion of digital technologies in agricultural production. Promising more efficient farming, higher yields, and environmental sustainability.
Reinvent The State of Current Wellness Solutions
Food and Medicine are key to a holistic approach to wellness. Holistic individual health - Identifying, addressing, and improving the patient’s overall medical, lifestyle / behavioural, socio-economic, cultural, financial, educational, geographic, and environmental well-being for frictionless and connected healthcare experience.
Systems of farming principles and practices that increase biodiversity, enriches the soil, improves watersheds, and enhances ecosystem services. Regenerative Agriculture aims to capture carbon in soil and aboveground biomass, reversing current global trends of atmospheric accumulation.
Equilibrium Creation Between Environmental Sustainability & Profitability
Creating long-term value with sufficient growth and profitability, Med-Tech companies must further develop their growth strategy, commercial model, and operational model. Growth will increasingly require disruptive products, business model innovation, a solid emerging-market strategy, and oftentimes, mergers and acquisitions.
A longterm perspective and a ‘stewardship’ mentality. R&D and technological innovation will be crucial for the sustainable intensification of yields, human capital – the knowledge, skills, and capacity of the world’s food producers, at least nine-tenths of whom are small-scale family farmers – is urgently needed yet under-appreciated. Support efforts to provide long-term price guarantees for producers, whose business needs are currently under-served by existing forward pricing arrangements such as futures trading.