Health sector is one of the sunrise sectors in India, expected to reach $372 billion by 2022 from an estimated $160 billion in 2017. The private sector contributes to ~70% of India's total health expenditure. The sector's growth can be attributed to factors such as improved services, increased coverage, private investments, and FDI. And lately, the government has ramped up activities to improve the sector.
Innovation is the key for the future of Indian Healthcare, where all aspects of access to healthcare, diagnostics and life-sciences are moving from ‘bigger and better’ to ‘low-cost and high-tech’ model.
Wellthy Therapeutics Private Limited
Wellthy's Digital Therapeutic suite is a combination of platforms working together for better health. It’s a smartphone app for patients, monitoring dashboard with real-time intervention for virtual health coaches, coaching dashboard for paramedical staff, AI powered health bot, connected devices such as smart drug delivery systems, IoT-enabled blood pressure and sugar monitoring devices, and connected activity trackers and weighing scales.
Patients access the platform via a QR code from their prescription, which then suggests to them the relevant therapy using a virtual AI coach. The system is available to self-monitor for Type II diabetes, hypertension, dyslipidemia, heart failure, ischemic heart disease, chronic kidney disease and eventually asthma.
Semi-Finalists at the Ayushman Bharat Startup Grand Challenge 2019-2020.
NIRAMAI Health Analytix Private Limited
NIRAMAI has developed an accurate, affordable solution for detecting early stage breast cancer using artificial intelligence. The AI scans thermal imagery using a fusion of thermography and machine learning. Moreover, it works for all women above 18 years of age, whereas current screening methods do not work on women under 45. It is also portable, radiation-free and privacy-conscious
The NIRAMAI test can be conducted by health workers or nursing staff, helping to make it a solution 10 times less expensive than current mammography methods. It’s portability and price also makes it much more accessible in rural areas.
BonAyu Lifesciences Private Limited
BonAyu has developed a patented manufacturing platform for topical thin films as an alternative to traditional ointments, creams, gels and toothpastes. Oral dispersible films (ODF) are among the most successful of these, because of how much easier they are to make, and because they’re user-friendy. It’s extremely convenient for patients with conditions like dysphagia, repeated emesis, motion sickness and mental disorders.
The BonAyu’s technology overcomes several manufacturing process limitations of current films, using a patented manufacturing process. The startup’s film is more stable and flexible, is made from very cost-effective polymers, and can deliver a variety of drug dosages or other substances like caffeine, and vitamins.
Can be used to deliver vitamins, minerals and health supplements for armed forces, sports personnel, women and children.
Innaumation Medical Devices Private Limited
Innaumation have built the Aum Voice Prosthesis, a device that enables throat cancer patients who have lost their voice box to speak again. The product is affordable and takes only five minutes to insert, without the need for an operation theater. It’s one size fits all and can be customized for patients as well.
The device is covered under Laryngectomy procedures (surgical removal of the voice box), meaning a patient can avail of the benefits under the Rights for Persons with Disabilities Act, 2016. Innaumation has also developed a model for training surgeons to insert the device, and is setting up AI-enabled training as well.
Innaumation aims to reach 140 countries with their device, making speech affordable and accessible for all.
|Name of Startup||Category||City||State|
|WELLTHY THERAPEUTICS PRIVATE LIMITED||Access to Healthcare||Mumbai||Maharashtra|
|IMPACT GURU TECHNOLOGY VENTURES PRIVATE LIMITED||Access to Healthcare||Mumbai||Maharashtra|
|ANVAYAA KIN CARE PRIVATE LIMITED||Access to Healthcare||Hyderabad||Telangana|
|CARVERSINDIA TRADES LLP||Access to Healthcare||Jaipur||Rajasthan|
|PERSAPIEN INNOVATIONS PRIVATE LIMITED||Access to Healthcare||New Delhi||Delhi|
|HEAL STATION (THS) PRIVATE LIMITED||Access to Healthcare||Pune||Maharashtra|
|IHEALTHKONNECT (INDIA) PRIVATE LIMITED||Access to Healthcare||Gurugram||Haryana|
|NIRAMAI HEALTH ANALYTIX PRIVATE LIMITED||Diagnostics||Bengaluru||Karnataka|
|EZERX HEALTH TECH PRIVATE LIMITED||Diagnostics||Medinipur||West Bengal|
|AINDRA SYSTEMS PRIVATE LIMITED||Diagnostics||Bengaluru||Karnataka|
|ARTIFICIAL LEARNING SYSTEMS INDIA PRIVATE LIMITED||Diagnostics||Bengaluru||Karnataka|
|OMIX RESEARCH AND DIAGNOSTICS LABORATORIES PRIVATE LIMITED||Diagnostics||Bengaluru||Karnataka|
|EXPRESS DIAGNOSTICS PRIVATE LIMITED||Diagnostics||Ahmedabad||Gujarat|
|BONAYU LIFESCIENCES PRIVATE LIMITED||Life Sciences||Bengaluru||Karnataka|
|AZOOKA LABS PRIVATE LIMITED||Life Sciences||Bengaluru||Karnataka|
|NOVOSYNTH HEALTHCARE PRIVATE LIMITED||Life Sciences||Bengaluru||Karnataka|
|TRAKITnow TECHNOLOGIES PRIVATE LIMITED||Life Sciences||Hyderabad||Telangana|
|CYCA ONCOSOLUTIONS PRIVATE LIMITED||Life Sciences||Delhi||Delhi|
|INNAUMATION MEDICAL DEVICES PRIVATE LIMITED||Medical Devices||Bengaluru||Karnataka|
|FIBROHEAL WOUNDCARE PRIVATE LIMITED||Medical Devices||Bengaluru||Karnataka|
|BIOSCAN RESEARCH PRIVATE LIMITED||Medical Devices||Ahmedabad||Gujarat|
|NEOMOTION ASSISTIVE SOLUTIONS||Medical Devices||Chennai||Tamil Nadu|
|NANOCLEAN GLOBAL PRIVATE LIMITED||Medical Devices||New Delhi||Delhi|
|JANITRI INNOVATIONS PRIVATE LIMITED||Medical Devices||Bengaluru||Karnataka|