Private equity is eying Asia’s healthcare funding gap as countries get wealthier and older

Asia is getting wealthier, older—and potentially sicker, as rates of non-communicable disease rise across Southeast Asia. Yet governments aren’t investing enough in public healthcare, threatening to open up a massive funding gap.

“Asia has more diabetes, cancer and cardiovascular patients than anywhere else in the world,” Abrar Mir, co-founder and managing partner of Singapore-based healthcare private equity firm Quadria Capital, tells Fortune.

Asia’s healthcare market is expected...