8 Indian Startups Advancing Healthcare With AI
Healthcare is one of the most important areas of application of artificial intelligence. Some of the biggest innovations in healthcare today involve a significant AI component. For example, AI has helped accelerate the recovery from the global impact of the COVID-19 pandemic, which lasted nearly two years.
Artificial intelligence is being used for a variety of health care purposes, from early detection of COVID-19 to patient care and drug repurposing.
According to Research and Markets, the use of artificial intelligence in healthcare in India is estimated to be Rs 431.97 billion by 2021 and will increase by about 40%. This is even more important for a country like India, as the country’s doctor-to-patient ratio is 1:1456, far below the ratio recommended by the World Health Organization for 1:1000.
The report also shows that the growth in the use of artificial intelligence in healthcare, India is expected to reach 6.9:1000 in 2023, up from 4.8:1000 in 2017.
Based in Bangalore, Nangmai Health Analytics was founded in 2016 by Geeta Manjunath and Nidhi Mathur. A medical technology startup has developed Thermolytics, which uses artificial intelligence and high-resolution thermal imaging equipment to detect breast cancer before more conventional methods or self-exams. This low-cost, automated, and portable software-based medical device enables cancer screening in all clinics. The underlying technology is based on machine learning algorithms.
Qure.ai, founded in 2016 by Prashant Vare and Pooja Rao, uses artificial intelligence to create affordable and affordable healthcare solutions. It uses deep learning algorithms to interpret and radiological scans – chest X-ray, computed tomography of the head, POQUS, computed tomography of the chest, etc. – within seconds. It also provides community solutions for COVID-19, public health, and TB.
HealthifyMe is a digital health and wellness platform founded in 2012 in Bangalore. The founders Tushar and Sisht, Sachin Shani, and Mathew Cherian founded the company intending to bring digital health services to Indians. She uses an artificial intelligence-powered virtual assistant, Rhea, to get in touch with her users and solve their fitness, nutrition, and health issues in 10 different languages. In addition, the app provides nutritional advice, uses artificial intelligence to track calorie intake, and provides related recipes and helpful tips.
Mumbai-based PharmEasy was founded in 2015 by Dharmil Sheth, Mihil Innani, and Dhaval Shah to develop an app that connects users with pharmacies. A smartphone app connects users to these pharmacies to ensure the smooth delivery of medical supplies.
PharmEasy uses machine learning and big data tools including Tensorflow, Hadoop, HBase, Kafka, Spark, and Hive. In addition, it uses a variety of data processing and analysis solutions for the application. The company has established partnerships with over 80,000 pharmacies in over 1200 cities across the country and serves over 5 million customers.
5. SigTuple Technologies
Based Sigtuple Technologies was founded in 2015 by Tathagoto Rai Dastidar, Apoorva Anand, and Rohit Pandey. SIGtuple is on a mission to manually analyze medical data – blood sampling, urine and semen microscopy, and retinal image analysis – using AI. It works in the fields of pathology and ophthalmology and offers an automated digital microscope and an artificial intelligence platform as solutions. Early last year, the two founders left the team and TataGoto took over as CEO.
6. OncoStem Diagnostics
Founded in 2011, OncoStem Diagnostics includes machine learning algorithms to assess tumor aggressiveness and characterize the risk of recurrence over five years. Its flagship product, CanAssist, uses machine vector statistical models to generate risk estimates based on five biomarkers and pathological information for each patient. The team works with techniques that include linear and radial base function kernels, random forests, elastic nets, and support for vector machines with standard mixed modeling.
Bangalore-based Artelas was founded in 2015 by Pradeep Walia, Rajarajeshwari K. And the wish was done by Durga. A medical technology startup uses deep learning technology to investigate diabetic retinopathy. Artificial intelligence algorithms scan the images for diagnosis.
Articles operate in 502 locations (in India, USA, and Dubai) and have helped more than 81,000 patients so far. A medical technology startup has recently developed an artificial intelligence-based non-invasive screening system for diabetic retinopathy that can test the eyes in less than three minutes.
Bangalore-based health analysis company Trichog was founded in 2014 by Chirat Bhograj, Zainul Charbawala, Udayan Dasgupta, and Abhinav Gujar. Its products include:
- InstaECG: The flagship product is a cloud-connected device that helps you interpret and analyze ECG reports in just 10 minutes.
- InstaEcho: Another cardiac product that helps doctors quickly and accurately diagnose an echocardiogram within hours of testing.
To date, Tricog has served more than 12 countries, empowered more than 2,600 healthcare workers, treated more than 3 million patients, and saved over 90,000 lives. He was also honored with the 2018 NASSCOM Artificial Intelligence Game Changer Award.