Impact of novel technology on low cost healthcare in India
The current scenario with regard to low cost healthcare availability in India is pretty bleak. Although globally there is tremendous growth and progress both in the quality of healthcare along with devices and appropriate drugs available to address almost any ailment, accessibility and cost remain huge hurdles in countries like India.
With our humungous population, cheap and easy access to treatment and therapeutics is key.
Taking a step back, it is the diagnosis of disease which is a huge challenge in India with the meagre supply of good doctors and health centres, particularly in rural India.
This is where a novel company like SigTuple makes a difference. They use artificial intelligence, harnessing it’s potential in patient data analysis, thereby enabling quick diagnosis which is the need of the hour.
Low cost healthcare systems in India have progressed to some extent. Bodies like National Rural Healthcare Mission (NRHM) have led to improvements in reforms. However major challenge areas loom large.
Lack of proper interventions by government to enable more primary health centres (PHCs), dedicated rural doctors and efficient, trained paramedical services.
There is a chronic shortage of skilled clinicians across the country, more significant in the rural and economically backward communities in India.
Low cost healthcare delivery has seen certain business models that create both impact and sustain financial stability. However, both sustainability and scalability of businesses are lacking. This again is a space where SigTuple could make a huge impact and bring about a major change in the overall healthcare methodology.
Even more important is that innovations at every stage of healthcare ecosystem are thought through and thorough as is the case with SigTuple. Only when delivery and diagnosis happen simultaneously will the Indian healthcare market see a paradigm shift.
Regardless of the area of innovation we need to ensure that the product/service offered is pertinent and targets the desired audience. Business models should be applicable across geographies. Only when this is achieved can sustainability and scale happen together. The team at SigTuple are rapidly progressing to this level of excellence and delivery.