African Health-Technology Deals on the Rise
Tuesday, April 15, 2014
The increasing demand for better healthcare services has given rise to the development of innovative technologies to meet those needs. As a result, business opportunities have opened up for entrepreneurs in the technology space to get funding to develop and grow these business models.
A study conducted by growth partnership company Frost & Sullivan shows a decline in recent years in Private Equity and Venture Capital (PEVC) investments in the global healthcare industry. This has, for the most part, been because of the effect of the Eurozone crisis on the US and the economic downturn in Asia-Pacific countries.