Healthtech startups are seeing a surge in demand for telemedicine and other remote ways of healthcare as a growing number of patients and doctors are opting for virtual consultations over physical visits, fearing risk of infection during the pandemic, and to avoid overcrowding at hospitals.
This week, we’re keeping a pulse on the impact of the Internet of Medical Things and telemedicine across Asia.
Stay positive and test negative,
Team NC
🩺 Strides in Asia's digital healthcare
#TRENDS
Impact of Internet of Medical Things in healthcare sector [Appinventiv]
What is IoMT? - Internet of Medical Things (IoMT) enables healthcare devices and systems to work together, streamlining medical services for better patient care, be it onsite at a hospital or remotely through telemedicine.
Impact on healthcare sector- IoMT isn’t only helping reduce costs, it’s also improving the patient experience by eliminating the need for in-person medical visits and getting more accurate diagnoses with smarter medical devices.
#BUSINESS
SE Asia's “omnichannel” health startup Doctor Anywhere gets SG$88M [TechCrunch]
From online-only to omnichannel - Doctor Anywhere launched as an online-only telehealth platform. Now, Doctor Anywhere’s omnichannel approach means that in addition to online consultations, it runs in-person clinics and more—all to cultivate a balance between tech and the human touch.
Next steps - Doctor Anywhere’s funding will be used to scale its tech infrastructure and big data capabilities for better online-to-offline user experiences and introduce new medical features, develop personalised healthcare plans.
#TECH
Healthtech startups fill gaps in India’s strained healthcare system [KrAsia]
Startups stepping up - India’s shortage of medical infrastructure is being filled—for the time being, and possibly for the foreseeable future—by healthtech companies like Portea and mFine, providing services from virtual consultations, critical healthcare and lab tests at patients’ homes.
Helping patients recover at home, easing strain on hospitals - Shyatto Raha, founder and CEO at MyHealthcare, told KrASIA that this is a good time for private health tech companies to innovate and learn how to destress hospitals that are already overburdened.
🪑 Waiting room reads
- Big picture: How digital can transform healthcare in Asia for millions of people
- In SE Asia: Are Indonesia’s digital health apps fit enough to disrupt the market?
- Insights from McKinsey: Omnichannel engagement in medtech—the time is now
