Not long ago, in 2020, the prime minister declared January 16th to be national start up day It helps instill startup culture at the grassroots level. At that time, India had around 60,000 startups and 42 unicorns.
The country’s startup ecosystem has always been spectacularly vibrant, especially in the last two years as the pandemic has accelerated the pace of digital transformation, changing industries and sectors in previously unimaginable ways. It was phenomenal. India has always been a country of innovators and creative he leaders, and this novelty has been steadily demonstrated by entrepreneurs from all walks of life.
To put things into perspective, let’s talk specifically about the healthcare sector.When COVID-19 Pandemic Without realizing it, many of the lags that exist in our current healthcare ecosystem have come to the forefront. Given social distancing and lockdown norms, it was then that many healthcare startups leveraged technology to streamline efficient healthcare delivery across India.
These start-ups recognized that India’s traditional healthcare delivery system was primarily focused on treating patients after they fell ill. Additionally, there was a lack of affordable access to medical facilities, especially in remote areas of India. To meet these challenges, healthtech has emerged as a viable solution due to its efficiency, affordability, and unbiased access to quality healthcare technology. As a result, these start-ups have shifted their focus from curative to more preventative healthcare and disease management approaches.
For example, during and after the Covid-19 pandemic, increased remote work and social distancing guidelines led to a significant spike in problems related to sedentary lifestyles and weight gain. These issues can lead to chronic diseases such as cardiovascular disease, obesity, diabetes, stroke, hypertension, asthma, and osteoporosis, among others, so many startups aim to address these concerns early. has appeared. These early signs often include premature hair loss, fatigue, poor sexual health, and mental health problems. , is often overlooked because of the stigma that prevents open discussion and seeking professional help when needed.
For example, more than 80% of people suffering from mental health problems lack professional care and are now one of the leading causes of ill health worldwide. Similarly, sexual health problems are much more common than we think, and many refrain from seeking professional care in time for the same reasons mentioned above.
Today, there are healthcare startups dedicated to these challenges through digital means without the need for physical intervention by doctors and healthcare workers. Patients can access this digital healthcare assistance from the comfort of their own homes without having to wait in long lines, take time off from work, or travel for pharmacy visits or doctor appointments. These digital platforms connect patients directly with medical professionals.
These new-age digital healthcare companies understand that sensitive health issues like sexual health need to be downplayed and treated on par with other physical health issues. Also, beyond medications and alternative therapies, the diagnosis and treatment of such health problems requires a holistic approach that includes normalization and care for such problems, underpinned by innovative solutions.
In addition, these companies also play a key role in combating epidemics such as diabetes. India has the second highest number of cases of her in the world after China. Many healthtech startups are making their presence known and capable by leveraging meaningful innovations driven by robust technology and data science. Digital healthcare companies like those mentioned in this statement strive to eradicate preventable primary health problems by reducing secondary and tertiary health complications. Health Guarantee Scheme aiming to provide health insurance of Rs 50,000 per family per year for secondary and tertiary care hospital admissions. Healthtech can definitely help overcome many of the limitations faced by traditional healthcare organizations in developing countries like India.
Founder and CEO, Nirvasa Healthcare (P) Co., Ltd.
The country’s startup ecosystem has always been spectacularly vibrant, especially in the last two years as the pandemic has accelerated the pace of digital transformation, changing industries and sectors in previously unimaginable ways. It was phenomenal. India has always been a country of innovators and creative he leaders, and this novelty has been steadily demonstrated by entrepreneurs from all walks of life.
To put things into perspective, let’s talk specifically about the healthcare sector.When COVID-19 Pandemic Without realizing it, many of the lags that exist in our current healthcare ecosystem have come to the forefront. Given social distancing and lockdown norms, it was then that many healthcare startups leveraged technology to streamline efficient healthcare delivery across India.
These start-ups recognized that India’s traditional healthcare delivery system was primarily focused on treating patients after they fell ill. Additionally, there was a lack of affordable access to medical facilities, especially in remote areas of India. To meet these challenges, healthtech has emerged as a viable solution due to its efficiency, affordability, and unbiased access to quality healthcare technology. As a result, these start-ups have shifted their focus from curative to more preventative healthcare and disease management approaches.
For example, during and after the Covid-19 pandemic, increased remote work and social distancing guidelines led to a significant spike in problems related to sedentary lifestyles and weight gain. These issues can lead to chronic diseases such as cardiovascular disease, obesity, diabetes, stroke, hypertension, asthma, and osteoporosis, among others, so many startups aim to address these concerns early. has appeared. These early signs often include premature hair loss, fatigue, poor sexual health, and mental health problems. , is often overlooked because of the stigma that prevents open discussion and seeking professional help when needed.
For example, more than 80% of people suffering from mental health problems lack professional care and are now one of the leading causes of ill health worldwide. Similarly, sexual health problems are much more common than we think, and many refrain from seeking professional care in time for the same reasons mentioned above.
Today, there are healthcare startups dedicated to these challenges through digital means without the need for physical intervention by doctors and healthcare workers. Patients can access this digital healthcare assistance from the comfort of their own homes without having to wait in long lines, take time off from work, or travel for pharmacy visits or doctor appointments. These digital platforms connect patients directly with medical professionals.
These new-age digital healthcare companies understand that sensitive health issues like sexual health need to be downplayed and treated on par with other physical health issues. Also, beyond medications and alternative therapies, the diagnosis and treatment of such health problems requires a holistic approach that includes normalization and care for such problems, underpinned by innovative solutions.
In addition, these companies also play a key role in combating epidemics such as diabetes. India has the second highest number of cases of her in the world after China. Many healthtech startups are making their presence known and capable by leveraging meaningful innovations driven by robust technology and data science. Digital healthcare companies like those mentioned in this statement strive to eradicate preventable primary health problems by reducing secondary and tertiary health complications. Health Guarantee Scheme aiming to provide health insurance of Rs 50,000 per family per year for secondary and tertiary care hospital admissions. Healthtech can definitely help overcome many of the limitations faced by traditional healthcare organizations in developing countries like India.
Founder and CEO, Nirvasa Healthcare (P) Co., Ltd.