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Time Business News
24-07-2025
- Health
- Time Business News
AI-Driven Healthtech Startups Reshape Care and Spark Market Consolidation
Health tech startups are inventive firms employing tech to better things such as healthcare, diagnosis, treatment, and results for patients. They tend to focus on areas like telemedicine, AI in diagnosis, wearable tech, digital treatments, and how health data is studied. The strong focus on adoption of AI (artificial intelligence) and IoT (Internet of Things), the health tech startups are incorporating this technology for providing their services. The market shows a move toward consolidation and sustainability. Startups that hold unique data, workflow integration, and clear ways to make a profit—often helped by AI—are getting the most interest and may cause the next round of mergers and acquisitions. Key Growth Drivers and Opportunities Holistic Care Drives Growth: Digital technology adoption at higher rate and innovations in medical technologies has improved healthcare sector across globe. This sector offers holistic care to patients with psychological and emotional support. The healthtech or healthcare technology such as smart wearable devices, mobile apps are powered by augmented reality and artificial intelligence technology which are easily accessible and help patients to track their daily health record. These startups are incorporating this technology for providing their services. The emergence of femtech and medtech firms has also provided lucrative opportunities in Healthtech Startups market growth. Challenges With growing competition among players as more startups are entering the market has hampered the demand for market growth. Further, lack of mentorship for entrepreneurs of next generation has restrained the demand for Healthtech Startups market growth. Scaling solutions for new companies comes with regulatory and data privacy problems. Some early startups also face issues because they can't find clinical validation partners and struggle to obtain long-term funding. Innovation and Expansion CAHO Debuts MedLink Hub for Healthtech Collaboration In October 2023, the Confederation of Accredited Healthcare Organizations (CAHO) launched new 'Healthcare Directory' an online platform which help in connecting healthcare startups and practitioners at recently concluded healthtech Summit, 'CAHOTECH 2023'. The directory has aimed to foster collaboration within India's healthcare system by providing common platform for health-tech startups, hospitals, medical device companies, and other stakeholders. Portal Biotech Secures $35M to Advance AI-Powered Pathogen Sensors In June 2025, The NATO Innovation Fund has joined others to invest USD 35 million in Portal Biotech's Series A funding. Portal Biotech is a startup creating portable biological sensors. These sensors, which use AI, can spot manufactured pathogens outside the lab. This tech can aid in biosecurity, track diseases, and refine medical treatments. The startup is developing portable biological sensors with artificial intelligence that can spot pathogens. The sensors can ID pathogens at the single-molecule level, even outside the lab. Inventive Sparks, Expanding Markets The key players operating the healthtech startups market includes, Tempus, Clover Health, Lyra Health, Synergy Pharmaceuticals, among others. Given companies share the goal of creating treatments that are safe, work well, and last a long time by targeting the basic causes of illnesses. They are working to make these treatments more widely available, improve how they are delivered, and ensure they are successful in the long run. About Author: Prophecy is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business. TIME BUSINESS NEWS
Time of India
27-06-2025
- Health
- Time of India
Gokula Education Foundation appoints Dr Swamy as Chief Executive
Bengaluru: Gokula Education Foundation (Medical), which oversees the Ramaiah Group of Medical & Healthcare Institutions, has appointed Dr. Nagendra Swamy (Hosp. Admin.) as the Chief Executive – Healthcare Services. It is stated that Dr. Swamy will lead the strategic and operational direction of Ramaiah Memorial Hospital and associated hospitals under the Foundation. He will also coordinate efforts across the group's healthcare institutions to strengthen integration, clinical research, and academic collaboration, including the ongoing partnership with Mount Sinai Hospital , New York. It is stated that Dr. Swamy brings over 45 years of experience in healthcare management across India, the Middle East, and Far East Asia. He previously served as President of Ramaiah Memorial Hospital and held senior roles at Manipal Health Enterprises, Welcare Hospital (Dubai), Canadian Specialist Hospital (Dubai), and Fortis Hospital, Mohali. He has been associated with academic institutions such as JSS University, Siddaganga Medical College, SDM University Dharwad, and Symbiosis University, Pune. Known for his work in hospital administration and quality, Dr. Swamy has served on national and international panels including those formed by NITI Aayog, CAHO , FICCI, and NABH. His recognitions include the 2025 Lifetime Achievement Award by CAHO, the Dr. B. C. Roy Award by the Government of Karnataka, and the Distinguished Alumni Award from Manipal University.
