Editor's Note- by Tanvi Ajmera
The global pharmaceutical industry was worth $390 billion ten years back, and today, the sector has breached the one-and-a-half trillion mark. Even though it has significantly boosted up healthcare conditions worldwide, the recent advent of the COVID-19 Pandemic generated further impetus for ingenious solutions that would facilitate the provision of all the healthcare facilities in the new post-pandemic world. There are many startups that are embracing the changes as Gene therapies, intelligent drug discovery and development, consumer wearables, telemedicine, and more-have proven to be some of the drivers transforming the life sciences sector.
Additionally, the data driven world has provided bio-pharma and Medtech companies with treasure troves of information. The integration of artificial intelligence (AI) and machine learning technologies in the life sciences sector has made drug discovery and development more innovative, time-saving, and cost-effective. Today, the Life Science & Pharmaceutical sector has reached an inflection point. And, to prepare for the future and remain relevant in this ever- evolving business landscape, Pharmaceutical & Medtech companies are looking at newer ways to create value.
The global market for mobile healthcare technologies is among the fastest-growing areas for investment in the world. According to a report by Royal Philips for the 15-country Future Health Index (FHI) 2019, India is a frontrunner in the adoption of digital health technology with 76% of healthcare professionals in the country already using digital health records (DHRs) in their practices. 2 This shows that India’s healthcare industry is moving toward the digitization of their operations in a bid to improve the patient experience. Investments in digital technologies, such as mobile, analytics and cloud, have varied by healthcare sector over the years. The new opportunity lies in preparing for the next wave of disruption.
Recognizing the vital role, the Pharmaceutical & Healthcare Technologies players will play out in the immediate, as well as, in the far-reaching future, Business Outreach brings out - 10 Most Promising Healthcare and Pharmaceutical Solution Providers - 2021. A distinguished panel of industry experts consisting of topmost CIOs, CEOs, VCs, Directors and the Business Outreach Editorial Team have enlisted the companies touching various aspects of the Healthcare & Pharma industry. We believe the listed companies are best positioned with their advanced solutions to transform the Healthcare & Pharma domain in India into one of the leading hubs in the world.
We present to you the Top 10 Most Promising Healthcare & Pharma Solution Providers - 2021.
The Cover Story
| COMPANY | MANAGEMENT | SPECIALIZATION | DESCRIPTION |
|---|---|---|---|
| Vieroots | DR Sanjeev Nair (founder) | Healthcare | Using EPLIMO (Epigenetic Lifestyle Modification) to improve physiology and psychology by leveraging AI |
Special Features
| COMPANY | MANAGEMENT | SPECIALIZATION | DESCRIPTION |
|---|---|---|---|
| PharmEasy | Dhaval Shah (Co-founder) | Pharmaceutical | Delivering medicines hasslefree with just a few clicks and enabling digital consultation by disrupting health-tech |
| Samarth Life Sciences Private Limited | Rajiv Shah (CEO) | Healthcare | Manufacturing Life Saving Drugs in adding life to life by producing & offering quality products at affordable prices |
Top Healthcare & Pharma solution providers
| COMPANY | MANAGEMENT | SPECIALIZATION | DESCRIPTION |
|---|---|---|---|
| Almelo Group of Companies | T.S Prasad (Founder & M.D) | Pharmaceutical | Bridging the gap in pharmaceutical industry by producing Active Pharmaceutical Ingredients (API) at cost-effective rates |
| Apollo | Prathap C Reddy (Chairman & CEO) | Healthcare & Pharmaceuticals | Delivering high-tech, AI based healthcare by allowing medical practitioners to provide more personalized health care to patients |
| eXpedise | Mr Amit Sharma (Founder and CEO) | Healthcare | Enabling India as a Medical Tourism Hub with tailor-made services and delivering quality care to foreign patients |
| Max Healthcare | Abhay Soi (M.D)_ | Healthcare | One of India's largest healthcare chains by delivering clinical excellence and patient care supported by state-of-art technology |
| Prescrip | Shekhar Rawtani (Managing Partner) | Healthcare | A fast-growing healthcare technology company that has evolved into an all-in-one platform for healthcare professionals that simplifies healthcare solutions |
| SRL Diagonostics | Mr Anand K (CEO) | Diagnostic Healthcare Solutions | India's leading pathology lab that offers quality diagnostics services to its customers through a very efficient network of labs and collection points |
| Trijog | Sahej Sethi (Director) | Healthcare | Taking care of peoples' mental health and holistic wellness with its counselling solutions for Individuals, Corporates and Educational Enterprises globally online and offline |
