While a lot has been already said and done in the Internet of Things space, unfortunately, the common man still associates IoT with luxury. But fortunately, this isn’t the real picture. The technology actually has a great potential in sectors like healthcare and energy, especially in a country like India where majority of good hospitals are located in the urban areas. In order for IoT to become mass adopted the common man i.e. consumers will have to see the real value in them.
According to data made available by the Medical Council of India, the doctor-patient ratio in the country currently stands around 1:1,674 against the World Health Organisation (WHO) norm of 1:1,000 . This is exactly where IoT is acting as a leveler and filling the gap. Late last year, we had reported that the coming years would see Smart Health Monitoring emerging as one of the most important applications of IoT in India.
Currently, healthcare delivery in the Indian subcontinent happens when the patients physically visit the doctors for treatment. But, IoT has the capability of bringing the treatment to right to the door step of the patients’.
For the uninitiated, the term ‘IoT’ was first coined in the year 1985 by Peter T. Lewis in a speech given at the Federal Communication Commission (FCC). It represents a network of physical objects that are embedded with internet connectivity enabling them to collect and exchange information.
Here’s a list of 3 innovative Healthcare Startups Working for IoT Consumers in India:
Name: Forus Health
Founders: Chandrasekhar K
The medical technology startup was founded in the year 2010 by a group of engineers with a goal to eradicate avoidable blindness in India. There are 40 million people who are blind globally, and 15 million of them live in India. According to Forus Health, the high incidence of blindness in India is mostly due to limited access to eye care facilities in the country, high cost of treatment/surgery and lack of awareness.
Over the period of last seven years, the startup has been successful in designing and developing several affordable technology solutions to increase access and affordability of eye care. It’s very first product 3nethra classic is a compact and portable non-mydriatic fundus camera used for capturing digital images of the posterior (retina) and anterior (cornea) segments of the eye. The device is used for identifying common eye problems such as diabetic retinopathy, glaucoma, ARMD, cataract etc. The device is also integrated to a cloud based telemedicine platform which enables remote diagnosis.
Till date, 3nethra has successfully helped more than 300,000 remote reading and reporting, and reached around 150 locations. The startup’s aims to cover 3000 locations in a couple of years.
Name: Cardiac Design Labs
Founders: Anand Madanagopal
A startup focused on designing and developing state-of-the-art, next generation medical products, Cardiac Design Labs helps in bringing advanced diagnostics beyond large hospitals.
The startup strongly believes that Innovation is a hybrid of conventional wisdom and the evolving intellect. It has applied this belief in design solutions that address the future needs of customers even better than they could have imagined. Its wearable device called MIRCaM (Mobile Intelligent Remote Cardiac Monitor) is capable of providing real time advanced cardiac diagnosis and monitoring even in remote areas. MIRCaM comes out much cheaper on the pocket when compared to advanced tests for detecting heart diseases and problems in larger settings.
Name: Spectral Insights
Founders: Prasanth Perugupalli, Sanjay Palsamudram, Mohan Perugupalli
Incorporated on 13 May 2016, Spectral Insights aims to bring innovative and affordable hyperspectral and multispectral imaging systems to address challenges in real world applications and create business opportunities for its customers.
The company has successfully built an affordable automated microscope that makes digital images which are available to pathologists on a computer screen, either locally or over the Cloud. In addition to this, it has also builds various tools to help pathologists to make rapid and informed diagnosis, in order to increase productivity, decrease their work pressure and raise the quality of work. It is important to note that senior-level pathologists in India are way short in numbers to serve the 120,000+ pathology labs across the country, which leads to unexceptionally high work pressure on them.
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