EdTech vs HealthTech - Q3 2020

Nearly 20% of Global GDP is spent on Education and Healthcare. The pandemic marks a massive inflection point for these two precious and grossly under-appreciated engines of economic and social wellbeing.

Intelligence Unit

calendar image
February 4, 2021

Representing $15T of annual global spend, Education and Healthcare are incredible engines of economic and social wellbeing. The COVID pandemic has been a tragic, once in a lifetime forcing function for innovation. This year alone, $30B of venture capital has been invested in digital learning and digital health startups.

The Oxford Dictionary defines Human Capital as “the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country”. Every year, the world invests $15T into Health and Education – the foundations of Human Capital. This is investment into our collective skills, knowledge and experience – made possible and productive by our mental and physical wellbeing. That’s nearly 1 in every 5 dollars of World Domestic Product or Global GDP, the “standard measure of the value-added created through the production of goods and services” (OECD).

National systems, policy differences and pandemics aside, together education and healthcare are the world’s economic and social wellbeing engines. The future of learning, the future of earning and the future of global health and wellbeing are the fundamental determinants of the future of humanity.

No items found.

2 billion more learners between now and 2050.

Global population will expand by nearly 2 billion more people over the next 30 years. The education and healthcare systems of today, already under severe strain, compounded by the pandemic and primarily funded by governments struggling to balance budgets, need to innovate and evolve to deliver better education to more people. Much of the population growth will come from markets where better health and nutrition of children is fundamental to their ability to learn.

Screen Shot 2020-11-20 at 8.25.18 am

Global Capital vs Education and Health Flows

Representing $15T of annual global spend, Education and Healthcare are incredible economic and social wellbeing engines. That’s almost 20% of Global GDP. Over the decades, these two predominately public sectors have started to turn to public-private partnerships and capital markets to fund and fuel growth and innovation. Beginning with social infrastructure, then services and now digital infrastructure, institutions and companies of all kinds are collaborating to build a better future.

Screen Shot 2020-11-20 at 8.26.50 am

Asia leads Education Investment. North America leads Health.

Globally, HealthTech attracts more than 2x the venture capital investment that EdTech secures. However, this picture varies significantly in different regions of the world. For every $10 that North American venture capital invests in HealthTech, it invests only $1.50 of venture capital in EdTech. Asia, on the other hand, invests 1.5x more venture capital into HealthTech than it does into EdTech.

From a geographic share of global investment perspective, the split is a mirror image. Asia’s proportional investment in Global EdTech is about the same as North America’s share in Global HealthTech and vice versa.

Screen Shot 2020-11-20 at 8.29.14 am
No items found.

70 Education & Health Tech Unicorns

Together EdTech and HealthTech have over 70 Unicorns. We maintain a complete list of all 20 EdTech Unicorns and 50 HealthTech Unicorns that are updated monthly as mega-funding pours into the space. These two sectors, once considered sleepy and fragmented, are increasingly thought of by governments and investors alike as fundamental to powering a global economy that will thrive through the 21st century.

Screen Shot 2020-11-19 at 5.50.18 pm
No items found.

Latest Insights

Global Insights from HolonIQ’s Intelligence Unit. Powered by our Global Impact Intelligence Platform.

Summits
Summits
Impact 3000
Impact 3000
Nuclear
Nuclear
Mobility
Mobility
Electric Vehicles
Electric Vehicles
2021
2021
2020
2020
Sub Saharan Africa
Sub Saharan Africa
Nordic Baltic
Nordic Baltic
North America
North America
South Asia
South Asia
East Asia
East Asia
ANZ
ANZ
Market Sizing
Market Sizing
Augmented Reality
Augmented Reality
Blockchain
Blockchain
Virtual Reality
Virtual Reality
Regions
Regions
Markets
Markets
Mobile
Mobile
Client Report
Client Report
Publishers
Publishers
Labor Markets
Labor Markets
Global Landscape
Global Landscape
10 Charts Series
10 Charts Series
R&D
R&D
LMS
LMS
United Kingdom
United Kingdom
Executive Panel
Executive Panel
Language Learning
Language Learning
Russia
Russia
Israel
Israel
Germany
Germany
France
France
Media and Press
Media and Press
Climate Tech
Climate Tech
MENA
MENA
South Korea
South Korea
Japan
Japan
Southeast Asia
Southeast Asia
Health Tech
Health Tech
Global EdTech 1000
Global EdTech 1000
Unicorns
Unicorns
MOOCs
MOOCs
Global Giants
Global Giants
Client Note
Client Note
Capital Markets
Capital Markets
Advanced Technology
Advanced Technology
OPM
OPM
International Education
International Education
India
India
China
China
Canada
Canada
Venture Capital
Venture Capital
Bootcamps
Bootcamps
Online learning
Online learning
Notes
Notes
Europe
Europe
Asia
Asia
Africa
Africa
LATAM
LATAM
Brazil
Brazil
Robotics
Robotics
Education in 2030
Education in 2030
Artificial Intelligence
Artificial Intelligence
SDG 17
SDG 17
SDG 16
SDG 16
SDG 15
SDG 15
SDG 14
SDG 14
SDG 13
SDG 13
SDG 12
SDG 12
SDG 11
SDG 11
SDG 10
SDG 10
SDG 9
SDG 9
SDG 8
SDG 8
SDG 7
SDG 7
SDG 6
SDG 6
SDG 5
SDG 5
SDG 4
SDG 4
SDG 3
SDG 3
SDG 2
SDG 2
SDG 1
SDG 1
Climate Tech 1000
Climate Tech 1000
Health Tech 1000
Health Tech 1000
EdTech 1000
EdTech 1000
EdTech
EdTech
Diversity
Diversity
New Zealand
New Zealand
Australia
Australia
United States
United States
Biotechnology
Biotechnology
Environment
Environment
Infrastructure
Infrastructure
Energy
Energy
Climate
Climate
Workforce
Workforce
K12
K12
Higher Education
Higher Education
Education
Education
Early Childhood
Early Childhood

Sign up for our free weekly newsletters

Join 80,000+ free weekly newsletter subscribers.