With the evolving time of technology, the healthcare industry is growing at a large scale. And being one of the most crucial fields for the application of artificial intelligence, there have been some remarkable innovations through this.
For instance, we can learn from the recent pandemic example where AI made the prevention method of Covid-19 quick and possible. Similarly, AI is used in almost every sector of the healthcare industry.
Speaking of AI in healthcare, India valued it at Rs 431, 97 billion, which is growing by the rate of 40 percent. India has always lagged when it comes to health care as the doctor-patient ratio here is 1:1456 which is significantly low. That's why WHO has recommended the ratio to be 1:1000.
This brings us to the current situation of AI in the healthcare industry in India. And to discuss this, we have presented this article where we'll be discussing the top Healthcare Analytics startups in India. So, let's get started!
- IndoHealth Software Solutions Pvt. Ltd.
Headquartered: Bangalore, India
When it comes to healthcare analytics, Niramai Health Analytics has never been off-list. The company was founded in the year 2016 by Nidhi Mathur and Geetha Manjunath, having its headquarters in Bengaluru, India.
Using the advanced technology of high-resolution thermal sensing devices and artificial intelligence, this healthcare analytics company has developed Thermalytix which is based on ML algorithms. This is used for detecting breast cancer at an early stage so the chances of successful treatment procedures are enhanced.
Plus, with this device, using traditional methods and self-examinations has a high success rate in treating breast cancer. And the best thing about the company and this amazing device is that it is a low-cost, automated portable that makes cancer screening possible for all patients.
Headquartered: Bangalore, Karnataka, India
Another Bengaluru-based health care analytics company is HealthifyMe which was established in 2012. It is formed as a digital health and wellness platform, founded by Sachin Shenoy, Mathew Cherain, and Tushar Vashisht. These three saw a vision of introducing digital healthcare, especially in India where it is much needed.
They enable an AI-based virtual assistant called by the name of Ria, which helps the users in listening and solving all their queries regarding nutrition, fitness, and health in different languages. Plus, you also get notifications whether you are following your diet or not. And by using the AI, you can easily track calorie intake at home.
Headquartered: San Francisco, California
Innovaccer is an amazing cloud and AI-based telehealth solution that is highly used in healthcare centers for managing population health. It was founded in the year 2014 and offers various features such as collecting, analyzing, and then providing insights on the health condition of the patient.
The company Innovaccer is backed by prominent investors like B Capital Group, M12, and many more. Its top features include AI-based patient engagement and decision support tools. Through this platform, the healthcare industry enjoys the benefits of remote patient monitoring, virtual care networks, and SDOH management. Plus, they also get CRM, surgery optimization, and referral management as well.
4. IndoHealth Software Solutions Pvt. Ltd.
Headquartered: Pune, Maharashtra, India
Being a Pune-based company, IndoHealth Software Solutions Pvt. Ltd. has a partnership with Government Health Departments, Research institutions, and hospitals to improve the health program. It has created a National Award-winning digital Public Health Platform, iHealWell.
IndoHealth Software Solutions Pvt. Ltd. is a well-established health-tech company that has recognition under the DPIIT Startup India Program. The company has compiled the health care experience of the US and India to introduce and promote patient monitoring through technology and public health platforms to bring better outcomes.
Headquartered: Navi Mumbai, Maharashtra, India
Built with super advanced technology that would make healthcare more accessible, smarter, and quicker, BioAssistant has made a great contribution to the medical field.
With the help of AI, the company has powered innovative remote clinical monitoring solutions and devices for automatic medical diagnosis. With the proper use of the R&D approach in the medical field, they have worked on some of the biggest medical field issues.
The company has an amazing team of experienced healthcare entrepreneurs who have worked enormously with leading medical institutions all across the world. BioAssistant's operational areas include preventive healthcare, clinical IT, non-invasive diagnostics, and medical monitoring.
Headquartered: Bengaluru, India
Tricog is a Bengaluru-based healthcare analytics company that was founded in the year 2014 by Udayan Dasputa, Chirat Bhograj, Abhinav Gujjar, and Zainul Charbiwala.
They have created a flagship product, InstaECG, that is used to interpret and analyze ECG reports within just 10 minutes by being cloud-connected. Another successful product by them is InstaEcho which is a cardiac product used to assist doctors in accurate echocardiogram diagnosis.
With these two successful products, Tricog has served more than 12 countries across the world and has an employee count of over 2,600+. And the company has been awarded the honorable NASSCOM Artificial Intelligence Game changer Award of 2018.
Headquartered: Hyderabad, Andhra Pradesh, India
When it comes to healthcare analytics, BlueSemi has contributed a lot by providing IoT solutions to manage it and climate changes. They have worked a long way to provide solutions for anti-counterfeiting, energy harvesting, and temperature measurement.
And in the medical field, the company has delivered a wireless temperature scanner that helps in fever screening. The company was founded in the year 2017 and is established in Hyderabad, India.
Moreover, BlueSemi is enormously appropriated for developing the energy harvesting device that enables complete power for autonomous and wearable vehicles. It includes features like customized access, identification coding, data analytics, marketing, and many more. The company is backed by prominent investors such as Softbricks Private Limited, Global Emerging Market solutions, and others.
Headquartered: Bengaluru, Karnataka, India
SigTuple is a healthcare analytic company that provides AI-based healthcare diagnostic solutions. And Manthan, a machine learning platform that SigTuple developed can provide insights from data, as claimed by the company.
SigTuple was founded in the year 2015 in Bangalore, India. They use the technology of deep learning to detect and foresee any changes that the patient of any particular disease might have from medical diagnostic images.
Plus, the peripheral blood smear analyzer solution provides image processing-based solutions, mainly for differential blood count and for screening various diseases yet to come as they are under clinical trials.
Headquartered: Bengaluru, Karnataka, India
By providing the solution for electronic medical records, HealthPlix has made chronic care management a lot easier than before.
The top features of this solution include lab management, e-prescription generation, billing, and a dashboard that provides machine learning and AI-based insights for testing clinical hypotheses, finance marketing, and treatment outcome. Moreover, they also provide patient risk management, tracking patients' records, and many more. The company was founded in the year 2014 in Bangalore, India.
In conclusion, we can say that many companies have made their contribution to advancing the healthcare industry with machine learning and artificial intelligence. Such healthcare analytics companies have always put themselves up front and keep up their game above competitors.
In this article, we covered those companies from India. In the upcoming times, with the development and innovation speed graphs kept on increasing, there will be a huge transformation in the healthcare industry.
What is healthtech startup?
Healthcare startups are the one that works in the field of health care and fitness but with the help of newly emerging technologies like artificial intelligence, etc.
What is digital health?
Digital health is a broad concept that basically revolves around the intersection of healthcare and technology.
What is AI in healthcare?
Artificial intelligence in healthcare stands for the implementation of the more advanced and easy mode of treatment, diagnosis, and interpretation of medical reports by the use of technology. AI has made the healthcare industry experimental with the advised safety.
Which Indian healthcare companies use artificial intelligence?
Some of the Indian healthcare companies using artificial intelligence are Tricog, Nirmai, PharmEasy, etc.