We believe very much in healthcare as a strong investment category, and I love to be proven right. It is one of the growing categories as of late, where we've seen some others shrinking in terms of global valuation. So I want to talk a bit about why it's the right investment category for you.
Healthcare venture capital firms have been exploding, and in fact, even last year, when it was a really tough market, VC firms and investments from VC firms in the health tech and healthcare spaces continued to grow. The global health tech market reached a valuation of approximately $567 billion in 2024. And the demand is not slowing down anytime soon. There is such a high demand and therefore a need for solutions, specifically in aging populations, women's health, which people are finally starting to pay attention to, and of course, access to healthcare. So that's why the industry and the category is growing and continues to grow.
We believe for the foreseeable future, we are also going to see the need for increased regulatory support. So again, the layers on top of these industries that need to support those industries, regulatory being one of the main ones, and then of course increasing efficiencies and cost savings across different healthcare systems. So how can these really exciting new, sometimes AI, health, tech and healthcare companies, service-based businesses and even products provide efficiencies and cost savings in healthcare? I would argue a lot of times it's not that hard since it has historically been such an antiquated industry, one of the last ones to adopt new technologies. But now we're starting to see a huge uptick in growth in companies serving the market, and hopefully in your returns.