With the evolving time of technology, the healthcare industry is growing significantly. And being one of the most critical areas for the application of artificial intelligence, there have been some remarkable innovations through it.
For instance, we can learn from the recent pandemic example where AI made the prevention method of Covid-19 quick and possible. Similarly, AI is used in almost every sector of the healthcare industry.
Regarding AI in healthcare, India has valued it at Rs 431.97 billion, which is growing at 40 percent. India has always lagged in healthcare as the doctor-patient ratio is 1:1456, which is very low. That’s why WHO has recommended keeping the balance at 1:1000.
It brings us to the current state of AI in the healthcare industry in India. And to discuss this, we have presented this article where we will discuss top healthcare analytics startups in India. So let’s get started!
1. Niramai
- Founded: 2016
- Headquartered: Bangalore, India
Concerning healthcare analytics, Niramai Health Analytics has never been off-list. The company was founded in 2016 by Nidhi Mathur and Geeta Manjunath, headquartered in Bangalore, India.
Using the advanced technology of high-resolution thermal sensing devices and artificial intelligence, this healthcare analytics company has developed Thermalytics based on ML algorithms. It detects breast cancer early, increasing the chances of successful treatment procedures.
Also, this tool achieves a higher success rate in breast cancer treatment using traditional methods and self-exams. And the best part about the company and this excellent device is that it is a low-cost, automated portable that makes cancer screening possible for all patients.
2. HealthifyMe
- Founded: 2012
- Headquartered: Bangalore, Karnataka, India
Another healthcare analytics company based in Bengaluru is HealthifyMe which was established in 2012. It was built as a digital health and wellness platform founded by Sachin Shenoy, Mathew Cheren, and Tushar Vashisht. All three saw a vision to introduce digital healthcare, especially in India, where it is much needed.
They enable an AI-based virtual assistant called Riya, which helps users listen to and solve all their nutrition, fitness, and health queries in different languages. Plus, you also get information on whether you are following your diet or not. And using AI, you can easily track calorie intake at home.
3. Innovaccer
- Founded: 2014
- Headquartered: San Francisco, California
Innovaccer is a great cloud and AI-based telehealth solution widely used in health centers to manage population health. It was established in 2014 and provided various features like collecting information, analyzing, and providing insights on the patient’s health status.
The company Innovaccer is backed by prominent investors such as B Capital Group, M12, and many more. Its top features include AI-based patient engagement and decision support tools. Through this platform, the healthcare industry enjoys the benefits of remote patient monitoring, virtual care networks, and SDOH management. Plus, they also get CRM, surgery optimization, and referral management.
4. IndoHealth Software Solutions Pvt. Ltd.
- Founded: 2016
- Headquartered: Pune, Maharashtra, India
Being a Pune-based company, Indohealth Software Solutions Pvt. Ltd. has partnered with government health departments, research institutes, and hospitals to improve the health program. It has created a national award-winning digital public health platform, iHealWell.
Indohealth Software Solutions Pvt. Ltd. is a well-established health-tech company recognized under the DPIIT Startup India Programme. The company has compiled health care experience from the US and India to introduce and promote patient monitoring through technology and public health platforms to drive better outcomes.
5. BioAssistant
- Founded: 2016
- Headquartered: Navi Mumbai, Maharashtra, India
Manufactured with super advanced technology that will make healthcare more accessible, more innovative, and faster, BioAssistant has enormously contributed to the medical field.
With the help of AI, the company has powered innovative remote clinical monitoring solutions and tools for automated medical diagnosis. With the proper use of the R&D approach in the medical field, he has worked on some of the most significant issues in the medical field.
The company has a fantastic team of experienced healthcare entrepreneurs who have worked with leading medical institutions worldwide. BioAssistant’s operational areas include preventive health care, clinical IT, non-invasive diagnostics, and medical monitoring.
6. Tricog
- Founded: 2014
- Headquartered: Bengaluru, India
Tricog is a Bengaluru-based healthcare analytics company founded in 2014 by Udayan Dasputa, Chirat Bhograj, Abhinav Gurjar, and Zainul Charbiwala.
They have created InstaECG, a flagship product that is cloud-connected to interpret and analyze ECG reports within 10 minutes. Another successful product by him is Insta Echo, a cardiac product used to assist doctors in accurate echocardiogram diagnosis.
With these two successful products, Tricog has served over 12 countries worldwide and has a workforce of over 2,600+. And the company has been awarded the honorable NASSCOM Artificial Intelligence Game Changer Award for 2018.
7. BlueSemi
- Founded: 2017
- Headquartered: Hyderabad, Andhra Pradesh, India
When it comes to healthcare analytics, BlueSemi has contributed immensely by providing IoT solutions and climate change to manage it. They have come a long way in offering anti-counterfeiting, energy harvesting, and temperature measurement solutions.
And in the medical field, the company has given a wireless temperature scanner that helps in testing fever. The company was established in 2017 and is based in Hyderabad, India.
In addition, BlueSemi has been highly appropriated to develop energy harvesting equipment that enables full power for autonomous and wearable vehicles. That includes customized access, identification coding, data analytics, marketing, and more. The company is backed by prominent investors such as Softbricks Pvt Ltd, Global Emerging Market Solutions, and others.
8. SigTuple
- Founded: 2015
- Headquartered: Bengaluru, Karnataka, India
Sigtuple is a healthcare analytics company that provides AI-based healthcare diagnostic solutions. And Brainstorm, a machine learning platform developed by SigTuple, can provide insights from the data, as claimed by the company.
SigTuple was established in the year 2015 in Bangalore, India. They use deep learning techniques to detect and predict changes from medical diagnostic images to patients with a particular disease.
Also, Peripheral Blood Smear Analyzer Solution provides image processing-based solutions, mainly for differential blood count and various upcoming disease screenings as they are under clinical trial.
9. HealthPlix
- Founded: 2014
- Headquartered: Bengaluru, Karnataka, India
HealthPlix makes chronic care management more accessible by providing solutions for electronic medical records.
The top features of this solution include laboratory management, e-prescription generation, billing, and a dashboard that provides machine learning and AI-based insights to test clinical hypotheses, finance marketing, and treatment outcomes. In addition, they also provide patient risk management, patient record tracking, and much more. The company was established in the year 2014 in Bangalore, India.
Conclusion
Lastly, we can say that many companies have contributed to the advancement of the healthcare industry with machine learning and artificial intelligence. Such healthcare analytics companies have always put themselves ahead and raised their game above the competition.
In this article, we have covered those companies in India. In the coming times, with the graph of growth and the pace of innovation increasing, there will be a significant change in the healthcare industry.
Related: Top 12 Food Tech Startups in India
