India’s healthcare system is either very much expensive or inaccessible to the masses. In 2020, with the advent of the pandemic, we saw how the healthcare system in India became cumbersome as it was difficult to do mass testing of covid patients. This made many entrepreneurs gear their direction to bring innovations; leading to the emergence of AI-based health tech startups in India.
Screening of ovarian cancer and breast cancer in India is still a taboo topic and women feel more hesitant to go for regular screening. Secondly, in India, there are very few platforms that address the diagnosis and discussion around mental. Hence, having such AI-based healthcare startups in India are quite a revolution in the health industry.
The AI-based health tech startups in India are growing at forty per cent market recent. It is expected to grow by $280 million dollars by 2025.
Let us take a look at these innovative AI-based health tech startups that have emerged in the Indian market:
- Niramai
Founded in 2016 by Geetha Manjunath and Nidhi Mathur, Niramai is a Bangalore based health tech startup that leverages AI technology.
With the development of Thermalytix, breast cancer screening is now possible at home through AI and a high-resolution thermal sensing device at an early stage and even faster than self-examination methods.
Many women hesitate to go for breast cancer screening for privacy issues; hence Niramai is saving the lives of women.
The core technology is based on ML Algorithm. It is a low cost and portable device that makes breast cancer diagnosis accessible through a non-invasive procedure.
- Qure.ai
Started by Prashant Warier and Pooja Rao in 2016, Qure.ai is making healthcare and diagnostic facilities accessible at a low-cost value.
The AI-based health tech startup combined with a deep learning algorithm offers a mobile radiology solution to diagnose abnormalities present in X-Ray and MRI scans.
Its digital pathology solution also saves time in detecting malignant tumours from biopsy samples.
- HealthPlix
With a funding of $24 million, HealthPlix provides AI-driven administrative healthcare facilities.
Through its AI-driven analytics, managing old medical records for chronic care management is no more a roadblock.
It is supported in 20 languages and also offers other services such as e-prescription generation, patient risk management, and billing.
- Healthify Me
For the health-conscious population of India who are at the edge of obesity and unhealthy lifestyle, Healthify Me has been a boon for Indians.
The AI-based digital fitness startup helps to track calories and give dietary recommendations through the voice assistant, Ria. Supported in 10 languages, Healthify Me offers a healthy lifestyle that is easy to sustain and manage.
- SigTuple Technologies
Founded in 2015 by Tathagoto Rai Dastidar, Apurv Anand and Rohit Pandey, SigTuple Technologies is an AI-based health tech startup to automate pathological data obtained by urine sampling, semen microscopy, retinal image screening.
In addition to this, a SaaS platform is there to provide diabetic retinopathy screening.
- ChironX
ChironX is another AI-based health tech startup that diagnoses that efficiently through photographs. It has a flagship programme to detect retinal defects through retinal fundus imaging.
These AI-based health tech startups are bringing a revolution in the health care industry in India. It is making diagnosis efficient and quick in the privacy of the home. It is