India (Commonwealth Union)_ The Indian health-tech industry is fast growing. According to reports, the health-tech SaaS (Software as a Service) industry would reach $3.5 billion by 2025, expanding at a compound annual growth rate of 45%. Moreover, India is the fourth largest medical equipment market in Asia. India’s medical technology industry is anticipated to reach $50 billion by 2025. Here, let us investigate how sophisticated technology can assist the Indian healthcare system.
According to Johns Hopkins research, the third largest cause of mortality is incorrect medical diagnosis. Additionally, India has a poor doctor-to-patient ratio, with just one physician per 1,445 Indians. On the other hand, the United States has one physician per 333 people. Hence, to address this disparity, telemedicine may be an effective solution. The latest telemedicine technologies can ease access to care for patients who are difficult to reach, such as rural patients. Thus, telemedicine platform Docus is expanding its services in India to assist Indian hospitals in addressing this issue, which may be resolved by collaborating with hospitals and medical professionals.
Docus is a SaaS platform that connects prominent physicians from the United States and Europe with hospitals in developing nations. It provides hospital physicians with the option to collaborate with medical experts on the Docus platform to treat patients with serious conditions. Hence, bringing them together on a single platform facilitates the successful treatment of difficult-to-treat medical conditions. Docus adapts this approach and contributes to the goal of healthcare by linking hospitals in impoverished nations to superior healthcare. To achieve this, telemedicine will be adopted by the doctors for the future of medicine, which may also alleviate healthcare personnel shortages.
Docus is a VC-funded firm established in the United States that aims to provide everyone with access to top-tier medical expertise. It is the first SaaS platform that connects Indian hospitals and hospital physicians with hundreds of prominent medical professionals across the United States, Germany, France, Switzerland, and over ten other European nations in order to treat patients with difficult health concerns. Over twenty disciplines, including oncology, cardiology, radiology, and neurology, are covered by the medical professionals.
Docus has an inspirational story. Gevorg and Robert, co-founders of Docus, discovered the platform a year ago when their close Armenian friend had a terrible illness. The founders located a skilled and well-known French physician who agreed to treat their friend. By remotely collaborating, the two doctors established a successful treatment plan for the patient, which cured their friend. Hence, Gevorg and Robert devised a plan to create a platform that connects hospitals in poor nations with prominent medical professionals from the United States and Europe in order to treat patients with serious health disorders.
Docus recently secured $500,000 from a variety of venture capital funds and angel investors in order to reach this objective. Docus is now eyeing India, where several forward-thinking and expert physicians are eager to collaborate with American and European specialists. In addition, they communicate in English as a second language. Docus also offers hospitals an all-inclusive and user-friendly platform. Indian hospital physicians and medical specialists may conduct video and textual consultations using this CRM solution.
As a first step, hospital physicians inform the concerned patients about the chance to collaborate with leading medical specialists from the United States and Europe and obtain a second opinion. Next, local hospital physicians will choose medical specialists, make consultation requests, explain the patient’s situation on a platform that is entirely safe and HIPAA-compliant, and send the reports to the experts. Finally, the medical expert evaluates all of the given data and delivers a written or video opinion.
The Docus platform helps Indian hospitals in many ways. For instance, access to the finest medical experts worldwide, the exchange of medical information and experience between local and international physicians, additional income from the new service, marketing benefits over competing hospitals, and improved patient retention. In conclusion, Docus is an innovative approach to medicine that aspires to democratize medical knowledge. It can improve India’s healthcare system by increasing collaboration between Indian hospitals and internationally renowned physicians. Therefore, people with severe health issues can benefit from the most suitable therapy solutions.
The market for telemedicine is dominated by North America as a result of greater healthcare awareness. In addition, the region’s telemedicine industry is anticipated to expand as cloud technologies become increasingly popular. In contrast, the Asia-Pacific telemedicine industry will expand considerably due to rural regions’ growing demand for healthcare support. Hence, the telemedicine market here is anticipated to expand in the next few years due to technology improvements and innovation in the telecommunications industry.
