- May 17, 2022
- By admin
Medical field has also embraced technology.
We salute our nation’s scientists from every sector on National Technology Day, which is observed to honour the scientists who contributed to our first nuclear test in Pokharan. Our country’s scientific community is rapidly expanding. In addition, the Prime Minister’s Make in India initiative is encouraging young people and entrepreneurs to come up with creative solutions that would benefit the country. The healthcare industry has grown at a similar rate and has absorbed certain technological inputs, making it a tech-savvy field. There are a lot of start-ups that are combining the healthcare and technology industries. New fields in healthcare such as telemedicine, wearable biological devices, cloud computing, and much more are emerging in conjunction with artificial intelligence.
The global market for Digital Health, which was anticipated to be worth US$152.5 billion in 2020, is expected to expand to US$456.9 billion by 2026, with a CAGR of 18.8% throughout the analyzed period. One of the report’s segments, mHealth, is expected to grow at a 16.6% CAGR and reach US$253.1 billion by the conclusion of the analysis period. Due to factors such as increased acceptance of mHealth technologies among medical professionals, greater preventative healthcare trends, and increased funding for mHealth start-ups, the mHealth segment has the greatest share.
A sneak peek into some exciting health-tech start-ups.
PharmEasy
Dharmil Sheth, Mikhil Innani, and Dhaval Shah of Mumbai founded PharmEasy in 2015 to develop an app that connects people with pharmacies. The software connects customers with these pharmacies, allowing for seamless medicine delivery. Medicines, healthcare goods, and diagnostic tests can all be ordered online. Users can buy and order pharmaceuticals, medical gadgets, nutrition and supplement products through the platform. It also allows users to look for and arrange diagnostic tests and health screenings at home. They can use the service to upload photographs of their prescriptions and place orders with local pharmacies. Users can also search for diagnostic tests and arrange diagnostic testing with home sample collection. The portal also sells supplements and other health-related products.
cult. fit
cult.fit is a provider of online and offline fitness solutions. Fitness, yoga, nutritious meals, mental wellbeing, basic care, and other services are available. Cult.fit, created by Mukesh Bansal, co-founder of Myntra, and Ankit Nagori, a former Flipkart executive, uses an online-offline strategy to deliver physical training, mental fitness (Mind.fit), nutrition (Eat.fit), primary care (Care.fit), and diabetic care and prevention (Sugar.fit). TREAD, a connected fitness business, was also bought in order to enter the fitness hardware market.
Practo
Practo provides practice administration, telemedicine, and appointment scheduling. This web-based tool allows patients and doctors to collaborate. Online patient profiles can be read, appointments can be scheduled, and teleconsultations can be conducted via chat. It is a Bangalore based start-up established by Abhinav Lal and Shashank ND in 2008. Practo is a new online platform for scheduling healthcare appointments. It provides 24/7 support and rapidly resolves a variety of health-related difficulties. It also includes the phone numbers for the relevant centres.
HealthKart
HealthKart sells nutritional supplements, sports supplements, and health items. Vitamins and supplements, Ayurveda and herbs, health food, and exercise products are all sold by the company. The article also includes nutritionist consultations and examines the most recent advances in each topic. It was co-founded by Sameer Maheshwari and Prashant Tandon in 2011.
Medikabazaar
Medikabazaar is a medical supply and equipment B2B marketplace online. The organization serves as a single point of contact for all product-related demands, allowing medical institutions and individual practitioners to reduce operational expenses while also making the greatest global brands available locally, all thanks to technology. Medikabazaar used technology to create a haywire market in a country with possibly the world’s largest and most convoluted geographical structure for this purpose. The provider can search, compare, and buy medical products using a voice-based search engine and an online payment site. They also provide customer assistance for hospital devices, materials, and medical consumables, as well as product specifications and usage.