E-health platforms see big growth amid covid pandemic

Health start-ups see a massive increase in demand, as are edtech networks, and an upsurge in funding activities that outperform any other field of start-ups.

Investors are showing an interest in the healthcare space. E-health startups raised $128.8 million in the first half of 2020, up 34% compared to the same period last year. Wellness and fitness startup Curefit raised around ₹832 crore led by Temasek and healthcare technology firm Innovaccer Inc. raised $70 million among others.

After the lock-down in March, the E-Health network Practo Technologies has seen a 600% rise since it began, with 70% of all consumers using Telemedicine for their very first time and 45% of smaller cities.

Aryaman Tandon, Healthcare Practices Chairman, Strategic Alliance Praxis, said: "Medical technology innovations in e Medical, Remote Healthcare and online medical supplies have seen fast growth in post-covids world.

Consumers should always be able to access health services through personal devices from anywhere, "says Kompalli, adding that in the delivery of healthcare the digital transformation is the standard of virtual visits, decisions guided by data, remote tracking, prevention and prediction.

“India will concentrate on leveraging technology and digital health, with the emphasis on wellness promotion and preventive health if its ‘Healthcare for All’ goal is to be accomplished,” said Amit Varma, co-founder of Health Quad.

“Telemedicine along with other healthcare technologies like online appointment booking, to avoid crowding, will play a huge role going forward," said Alexander Kuruvilla, Chief Health Strategy Officer, Practo. Read More In the Source