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According to a report by the Boston Consulting Group (BCG) and B Capital, the digital transformation of India's healthcare business is expected to accelerate substantially. Analysts predict a possible tenfold increase from $2.7 billion in 2022 to about $37 billion by 2030.
This is expected due to the rising startup activity.
Healthcare startups had over 5000 registered by March 2022, making them the second-largest industry in the Start-up India portal. These are divided into four categories: health and wellness, medical devices, pharmaceuticals, and biotechnology, accounting for 60% of the sector.
Top 10 Healthtech Startups in India
- GenWise
GenWise is India's premier digital companion for the elderly, helping them move to a technology-enabled lifestyle. GenWise's customised solutions enable seniors to comfortably adopt digital technologies, promoting independence and connectivity.
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- HealthCRAD
HealthCRAD pioneers decentralised healthcare in rural India by developing a network of local ordinance sites that provide critical medical services. By bridging the gap between rural people and healthcare resources, HealthCRAD enables timely access to crucial care, especially in underdeveloped areas like Bihar.
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- TooYogic
TooYogic promotes holistic wellness by using Yogic lifestyle principles that address physical, mental, and spiritual well-being. TooYogic's emphasis on the five treasures (Panchkosha) of well-being provides comprehensive answers for persons seeking balance and harmony in their lives.
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- Hypha Ecosystems
Hypha Ecosystems offers comprehensive SaaS toolkits for independent clinics, which improve patient interaction and streamline operations. Hypha Ecosystems promotes healthcare delivery efficiency and innovation by allowing for personalised treatment and clinic scalability.
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- RemoteWard Care
RemoteWard Care uses innovative technology to provide personalised healthcare solutions, making healthcare more accessible around the world. RemoteWard Care offers efficient and inclusive healthcare delivery across geographical boundaries by utilising novel sensor-based technology.
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- Doctor Z HealthTech
Doctor Z HealthTech creates comprehensive diagnostic equipment with AI capabilities for preventive health monitoring. Doctor Z HealthTech's integration of numerous diagnostic functions into a single device allows for early disease diagnosis and empowers people to take control of their health.
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- Wellscribe
Wellscribe provides AI-powered Electronic Health Records software for efficient medical record administration. Wellscribe improves healthcare efficiency and communication by providing AI-driven insights and comprehensive practice management tools.
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- Heva AI
Heva AI specialises in AI-driven diagnostics for neurological illnesses, allowing for speedy and precise disease detection. Heva AI makes healthcare more accessible and improves patient outcomes by combining EEG data and AI.
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- Svar
Svar offers an AI-powered speech therapy learning app that enables parents to help their children develop their speech. Svar makes speech therapy accessible and successful for children throughout India by providing personalised learning programmes and interactive elements.
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- Jeeva AI
Jeeva AI provides AI-driven respiratory diagnostics that are efficient and non-invasive. Jeeva AI transforms respiratory diagnoses by analysing breathing sounds, increasing healthcare accessibility and outcomes around the world.
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These top 10 health tech startups in India represent innovation and progress in healthcare technology and services. With their distinct offers and solutions, they surely will transform the healthcare sector, making quality care more accessible, efficient, and personalised for people nationwide. As the healthcare industry evolves, these companies may play a critical role in creating good change and improving health outcomes for millions of people.
