The coronavirus outbreak exposed the vast gaps, severe inadequacies and existing vulnerabilities in the Indian health care system. As of August, there was only one government bed and one doctor for every 1,844 and 11,082 patients, respectively. The country is ranked 145 among 195 countries in terms of quality and accessibility of health care, according to a Lancet study.
The challenges, however, also proved to be a great opportunity for health care startups and others who pivoted into the sector. From launching a range of sanitisers and masks, and health care assistive applications to manufacturing ventilators, personal protective equipment kits and experimenting with various Covid-19 tests, the sector saw hectic activity since March. Issues such as labour scarcity and supply chains breaking down persisted, but did not prove to be a deterrence for companies willing to establish themselves. According to DataLabs by Inc42+’s ₹India’s Healthtech Landscape In A PostCovid-19 World Report 2020’, the size of the health tech market in India is likely to touch $21 billion by 2025 from $5.2 billion in 2019.
Forbes India takes a look at a few such startups that are taking the fight against Covid-19 head-on.
PERSAPIEN: WATER WAY TO KILL THE VIRUS
This story is from the December 18,2020 edition of Forbes India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 18,2020 edition of Forbes India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Home-Cooked Meal Is Now Greatly Valued
The pandemic has also brought with it an improved focus on hygiene, use of technology in dining, rise of cloud kitchens and resurgence in popularity of Indian ingredients
Paytm 3.0 - Reaching Near Breakeven In Two Years
As of 2020, Vijay Shekhar Sharma’s super app for financial services had run up losses in thousands of crores. Now, as digital payments gets yet another boost courtesy Covid-19, he’s hopeful of reaching near breakeven in two years
THE PANDEMIC HAS CAUSED WOMEN GREATER LABOUR PAIN
Covid-19 has shown that women are more likely to face the brunt of job losses than men, and find fewer opportunities when they want to resume. That apart, several have to deal with increased hours of unpaid work at home and even domestic abuse
LEADERSHIP WILL BE ABOUT SEEING THE BIGGER PICTURE
Leaders must not only guard their teams first during a crisis, but also deal with stakeholders with respect and dignity. And apart from pursuing business goals, they should remain committed to our planet and the environment
PHILANTHROPY SHOULD BE HUMBLE, BUT NOT MODEST
Apart from building a flexible and resilient framework for the future, philanthropists, civil society and the government must work in tandem so that every rupee is absorbed on the ground
INTEGRATED HEALTH CARE, TECH WILL DISRUPT SECTOR
While clinical research will get a boost, having a skilled workforce and public spending on health care will be challenges in the near term
DIGITALISATION WILL HELP IN VALUE CREATION
As the pandemic brings technology and innovation to the core of business and daily life, the next decade will see about 150 million digital-first families in India
Industry 4.0: Climate Revolution?
Augmenting sustainability alongside digital capabilities is an economic, competitive and global opportunity for India’s businesses, but regulations need to reflect intent
EV Dream Still Miles Away
Electric vehicles have remained a buzzword in India for years. But not much has moved on ground due to high upfront costs, range anxiety and charging infrastructure
Living Waters
A virus has caused us to scramble for oxygen but our chokehold on the environment is slowly strangling the very waters that breathe life into us. The virus is a timely reminder: We are merely consumers, not producers of life’s breath on this planet