After the pandemic, many have witnessed the worth of healthcare startups. Healthcare startups have been a game-changer in helping India out of the pandemic. Before the outbreak of the virus, the efforts of this sector were to change the problems found in traditional healthcare, namely affordability, accessibility and availability.

There has been a massive investment inflow since 2016, approximately $4.4 billion were invested since 2016. Even before the pandemic, in 2019, this sector showed much promise. Big names like NASSCOM and GE Healthcare focused their attention to encouraging India’s healthcare space. It became one of the fastest-growing sectors of India, growing at a rate of 28%. Till November 2021, $1.9 billion was raised by Indian health tech startups. 

Initially, the healthcare space only saw pharmacy, diagnostics, home healthcare and other similar ventures. This concentrated focus helped India create brands like Innovaccer, Pharmeasy, Cure.fit, Pristyn Care, Practo and more. A clear shift is now seen in making preventive health-tech solutions. Technologies like machine-learning, nanotech, IoT, AI, robotics, 3D printing as just a few examples that have applications in the health-tech industry.

Now strides are made in the sector of biotech, robotics, genomics and more. In 2016, preventive healthcare startups received only $141 million. A year later the amount went to $227 million. Indian ventures like MapmyGenome is providing personalised insights by studying an individual’s genomic data. On the other hand, Osteo3D, is 3D printing organs. 

India’s healthcare startups have gone from solving the doctor-patient ratio of 1:1,700. To solving the very cause of the disease. Indian health-tech startups are truly bringing Revolution to India.