Transforming Healthcare: The Role of Startups in Healthcare
Startups in healthcare are now at the crossroads as the country has to look for new solutions to address the health care needs of its ever-growing population. Healthcare startups are now at the forefront of dealing with issues concerning access, cost and quality within the sector, thereby spurring a revolution in the sector.
Contemporary Issues in Indian Healthcare
India’s healthcare system faces multiple hurdles:
Accessibility: Many of these people live in rural areas where access to health care remains a big challenge as 67% of the population lives in rural regions. Agriculture areas are considerably undeveloped, and even in district hospitals, only 30 percent of beds are available to the population.
Affordability: Self-remunerated expenditure contributes 54.8% of overall health costs by patients, creating a burden to families and delaying treatment for many.
Quality: There is a shortfall in the healthcare industry to meet up to the standard of the global healthcare delivery system as there is a lack of functional medical equipment and knowledge in specialized startups in healthcare delivery.
These challenges call for new approaches that are already being embraced by healthcare startups.
In this article, we will discuss how startups in healthcare are coming up with innovations that can help them deliver solutions.
Expanding Accessibility
New companies like Janitri Innovations are bringing change by offering convenient monitoring devices for maternal and newborn health in hard-to-reach places. Likewise, Primary Healthtech’s Mobile enables diagnostic services of diseases such as diabetes and heart illnesses in areas that are not easily accessible by health facilities promoting health care to the rural community.
Reducing Costs
Cost is still an issue and companies in the healthcare sector are designing cheap technologies. Medblue Innovations provides relatively low-cost neonatal jaundice monitoring systems and Aerobiosys Innovations’ Jeevan-S ventilators have been developed to be effective in low-resource environments so that necessary medical care is available to more people.
Improving Quality of Care
Technologies like artificial intelligence and robotics are helping in the improvement of the treatment’s accuracy. Genrobotics Medical & Mobility; Products such as the “G Gaiter”, are AI driven devices that offer a recovery schedule for neuro patients. Likewise, the AI-based 3D visualization of the operation at Taurean Surgical increases the chances of a successful surgery.
Relieving Staff Deficits
The scarcity of healthcare workers is one of the most critical issues, and startups in healthcare are coming into play with AI-driven solutions. The BrainSightAI tools help in simplifying neurological imaging and in turn helps in early diagnosis of diseases. Also, wearable devices of Brahmans Technologies help healthcare workers to have robust mental health and avoid burnout.
The Road Ahead
In any case, the role of startups in healthcare is enormous and there are still some issues related to the dissemination of these innovations in the different segments of the population and in different regions. The gap between technological change and the issues of diversity will have to be closed to support the sector.
In addition to identifying the growing needs, the healthcare startups are paving the way for a better future of a more efficient, cheaper, and better healthcare system in India. Their innovations will be more important as the sector develops in the future to meet the demands of the growing population.
Source:: medicalbuyer.co.in
