The startup revolution was exceptional in igniting the transformation in the modern corporate universe including the healthcare industry. For healthcare sector, this transformation was significantly driven by health reforms disrupting the business models, the ageing population and their need for better health options and the adoption of technology such as wearable and video chat in the medical mainstream. Also the declining cost of technology has brought a substantial amount of healthcare entrepreneurs to surface than ever enabling them with tools to build new companies and all the ingredients for a startup revolution in healthcare.
Healthcare startup culture in Asia-pacific has grown to be highly advanced and innovative in the past decade. With the amalgamation of digital technology and medical science, new age healthcare entrepreneurs are witnessing high prospects of development in this space. The South Asian and Indian companies are opening up to home healthcare solutions creating and offering significant opportunities. Start-up companies in these regions are making a mark with newer business models, such as franchising, by leveraging their technological expertise. Widespread adoption of Preventive Healthcare Wellness/ Nutraceuticals/Health Supplements are becoming a mass market phenomenon with companies trying to differentiate themselves through pricing, positioning, and distribution channels.
Given how integral Healthcare startups have become in successful evolution of modern day medical universe, organizations must tread cautiously when selecting their Healthcare partners. Our Editorial team have critically evaluated a slew of Healthcare Startups and handpicked 10 vendors on the basis of their technical expertise as well as medical prowess. This issue unveils some of these organizations that have been able to deliver phenomenal results year-after-year by joining forces with their clients.