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Start-ups Reinventing Indian Healthcare with Technology

Rajat Goel, Co-Founder & CEO, Eye-Q
Friday, October 7, 2016
Rajat Goel, Co-Founder & CEO, Eye-Q
Headquartered in Gurgaon, this hospital chain delivers top-notch eye care at affordable cost to its customers through renowned eye specialist with rich experience.

Quality Health Care a Must for India

If we look at World’s Healthcare Scenario, India currently ranks at 112 among 190 countries, which is unfortunately way below the global healthcare parameter. According to the WHO, approximately 9.8 million deaths occurred in 2012 in India, of which 77 percent were on account of diseases and poor health. It’s really shocking to see that India leads the world in the number of deaths due to maternal and infant mortality. As per the KPMG-OPPI Report about 80 percent of doctors and 75 percent of dispensaries are serving urban India, which makes only for 28 percent of India’s population, leaving the rest in dire need of basic health facilities. Not only does it highlights the immense need for more healthcare penetration into tier II – III cities and rural India but also, draws our attention towards the significant market opportunity for the growth of Healthcare Industry.

Startups are the Way Forward to Deliver Quality Healthcare

In a country where more than 60-70 percent of villagers are abjectly dependent on nearby cities for basic medication, the need of the hour is to find solutions to provide affordable and accessible medical facilities by connecting doctors and patients even in the remotest areas of the country. Every year, thousands travel to big cities from rural areas in search of proper medical facilities. Data shows that each year due to inadequate public healthcare and healthcare expenses push an additional 39 million people back into poverty. Also, those who access the services by travelling to urban areas, incur huge travelling and allied costs and loss of wages.

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