MAY 2022191. In your opinion, how has the MedTech Startups landscape evolved over the years? What are some of the advantages of the current technological evolution?It is important to shed light on the context and drivers of healthcare in the Asian region. Asia is home to around 60 percent of the global population, of which roughly greater than 25 percent is likely to be aged beyond 60 years. Further, almost 50 percent of the global chronic disease burden is likely to be in Asia. There is a very huge need for healthcare for this needy population. However, we are woefully short of the required resources. With less than 1.25 doctors per 1000 patients and less than 2.45 nurses per 1000 patients, the gap is too large to bridge the demand and supply within healthcare. Here is where technology is fundamental to healthcare and the reason why we are witnessing growth in this space in the region. Technology is enabling innovation in business models, products and services such that healthcare is increasingly becoming more accessible & affordable to the patient population. In the last decade, health tech startups have evolved from innovation in business models to innovation in Intellectual Property. Now, we are witnessing startups that are creating Seemant Jauhari has over two decades of experience in healthcare innovation, business strategy and consultation. Prior to HealthXCapital, Seemant was the CEO of Innovation and Research at Apollo Hospitals. As part of his previous engagements, Seemant has worked in business consultancy at E&Y, strategy and transformation at Nokia, and IT consultancy at TCS.ROLE OF TECHNOLOGY IN IMPROVING HEALTHCARESeemant Jauhari, Partner, HealthX CapitalBySeemant JauhariCXO Insights
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