New Zealand has an impressive heritage when it comes to healthtech innovation, and today healthtech firms rank among some of our most globally successful businesses.
The sector shows significant growth potential. In the 2020-21 financial year, healthtech firms generated an estimated $2.85 billion in revenue, demonstrating a seven-year compound annual growth rate of 13%.
While device makers currently lead the charge, other healthtech categories are showing promise. For example, digital health, as well as diagnostics and therapeutics (including pharmaceuticals), are expanding significantly.
And New Zealand’s ecosystem of more than 120 healthtech companies is providing a rich pipeline of early-stage innovation and investment opportunities.
Healthtech innovation springs from many different sources in Aotearoa – from research scientists and start-ups to mature firms with established markets, and even entrepreneurs with a great idea but limited health industry background.
The HealthTech Activator understands what the journey looks like for a wide range of entrepreneurs and businesses, and what support they will need at the different stages of their respective journeys.
Get in touch to learn more about how we can help.
New Zealand’s healthtech ecosystem is diverse and growing, and there is a wide range of organisations and networks that healthtech innovators can tap into for funding and support – from government agencies like Callaghan Innovation and MBIE, to member-based organisations like the Royal Society and CMDT, to not-for-profits.
It can be challenging, however, to know what support is out there, and whether you’re eligible to access it.
Here is a snapshot of some of the bodies that offer funding, and the grants and other opportunities currently available to healthtech innovators.
You can learn more about what each organisation offers via the links in the PDF guide and diagram below.
A number of other funds available that may be applicable – see MBIE website for details.
A number of other RFPs and funding options are periodically available – see HRC website for detailed funding calendar.
A number of other funds and awards available – see the Royal Society website for eligibility details.
The type of support you need for your healthtech innovation will vary depending on whether you’re a seasoned entrepreneur, an established business or an innovator new to the field. To help you pinpoint the specific support you need to launch and grow your healthtech innovation, we’ve rounded up a series of reports, articles and resources geared at a range of business types and stages.
Browse more resources on our Articles & Reports page:
Explore key events and e-learning courses hosted by the HTA and other organisations on the Events page.Find out more