Health-Technology Startups Is Emerging In India
ReporterRashi - Sep 26, 2019
In India, there are approximately 2900 startups that majorly focus on health monitoring and home delivery of medicines
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With the integration of technology into other sectors like agriculture, finance, and education, the health industry isn’t far behind in India. Not only health awareness but health tech startups are booming in Indian markets. The latest technologies, such as AI, robotics, machine learning (ML), nanotech, biotech, and 3D printing, have positively merged with the healthcare sector.
Growth Of Health Sector In India
In India, there are approximately 2900 startups that majorly focus on health monitoring and home delivery of medicines. Few are very popular as we see their advertisement like Practo, PharnEasy, CureFit, and MedLife often. Following, they are creating a positive impact on society and health awareness.
Tie-up Of Health Startups With Emerging Technologies
After the introduction of three-year Prohealth program using AI by Apollo Hospitals, it is estimated that the health sector will gradually grow to be a 350 billion dollar market. If we talk about the growth of jobs, then it will lead to around 40 million jobs in the coming years.
Well, experts say that the growth of health startups in Indian markets shows that people of the country will soon start using and depend on robots in hospitals, biotechnology to generate something new, genomics and also clinics to serve health-related issues. Just like Apollo hospitals, AI can be used to detect, store, and evaluate the diseases with a high level of accuracy while the app associated with it will monitor the movement and functioning of the body.
As there are two sides to a coin, the other side of the technology-dependent sector is to put the privacy and security of personal details at risk. The digital transmission of the data with respect to any field can be fatal, and all the sectors must take it with full responsibility. Interestingly, the sector is growing gradually but do you think the secured protocols and quality-assurance are present there?
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