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The Indian medical facilities are having a tough time coping up with the necessary transformation and fulfilling people's expectations. Before the pandemic, only top hospitals in India were using health tech innovations to power their routine working system. However, things changed during the pandemic. The healthcare ecosystem that was not ready for a technological twist has to undergo rough and tough to adapt innovative products. Today, top health tech innovations are being deployed at various ends of the Indian medical front.
Even today, health tech in India is plagued by severe infrastructural damages and is ripe for disruption and tech intervention. Healthcare institutions are finally ready to adopt health tech innovations with people demanding more from the facilities. Even healthcare workers are using artificial intelligence and other digital trends to streamline medical operations. Besides, the health tech in India is promoting telemedicine and creating a digital healthcare backbone through the National Digital Health Mission. The Indian health tech market is expected to reach US$50 billion by 2033 from the existing US$2 billion with a CAGR of 39% during the forecast period. On a general scale, Indian medical facilities are embracing futuristic technologies to fast-track and sophisticate healthcare operations. Robotics, machine learning, artificial intelligence, smart wearables, and even blockchain technology is being used in the healthcare facility. Many medical institutions are availing cloud infrastructure to keep patient information decentralized and safe. The concept of the Internet of Medical Things (IoMT) has invaded the healthcare routine in India through top health tech innovations. Analytics Insight has listed such trailblazing products that are used in medical facilities.
PharmEasy is one of the top health tech companies in India that is working to power the country's healthcare system. The company offers the best use of the mobile, app, and web technology to make sure that patients get access to the best health products. Besides providing top facilities, the app also leverages attractive discounts. PharmEasy avails a transparent platform where people can get clear and best service possible. Users uploads their prescription on the web. Once the content is verified, the prescription is then sent out to the pharmacy in their vicinity. By doing so, consumers can avail medical necessities rapidly.
Practo has understood the reality that people need medical assistance 24×7. Even though it may not be for a serious illness, something as simple as skin, nail, and hair issues also matter. However, people can't visit the hospital constantly to keep a tab on their simple health conditions. Therefore, Practo provides users with a healing touch. The company enables a comprehensive medical directory, online appointment booking, online consultation, subscription-based health plans, diagnostic tests through Practo Associate Labs, medicine delivery, etc.
Launched in 2016, Cure. fit is a top health tech startup that avails disruptive technology and data to enable a healthy lifestyle. The company also ensures to provide access to healthcare products at an affordable cost. Cure. fit offers both online and offline experiences across fitness, nutrition, and mental wellbeing through its holistically integrated four verticals including physical fitness, mental wellbeing, personalized healthcare services, and consultation and diagnostics.
The use of robots in healthcare got people's notice only during the pandemic. Many hospitals started using robots to connects patients with their loved ones. These robots also assisted healthcare workers on the frontlines of the pandemic. Invento Robotics, a Bengaluru-based robotics company has designed three robots to carry out healthcare tasks like disinfecting surfaces to answering patient questions and enabling video consultations with doctors. Mitra, one of the eight robots created by Invento Robotics, acts as a versatile product to assist docs and nurses, take readings and vitals, remind the patients on medications, etc.
Founded in 2017 by IIT Kanpur alumni Harshit Rathore and Nikhil Kurele as Nocca Robotics, the startup was contributing to creating robots that could clean solar panels. However, last year, when Indian suffered its worst healthcare blow due to the pandemic, the company switched its robotics model and made it serve healthcare facilities. Besides, Noccarco found the increasing demand for medical devices and pivoted itself to commercially launch its ventilators in 90 days.
Meddo offers tele-consultancy services and outpatient services in the ambulatory care segment. By partnering with clinics, the company offers a one-stop solutions to the patients for their primary and secondary care needs. Meddo earns its margin through supply chain disintermediation across a multitude of services. The company has planned to launch more products as well as penetrate 3-4 cities this year.
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