The government of Singapore has been increasing its annual spending on healthcare for several years in a row now. The spending has been increased from $2.9 billion to around $7.7 billion for the year 2018 (values in USD). With such substantial spending on health and related products & services, it is unsurprising that Tech in Asia Singapore will be featuring some fascinating health tech startups this year. On the 15th and 16th of May, more than two hundred and fifty startups will be showcasing their innovations and the event will be attended by more than five thousand people over the two days. While there are many enterprises presenting their solutions at the Startup Factory, these four deserve your attention.
- Modasta is a startup focusing on increasing accessibility to information about quality healthcare and necessary services. The startup intends to reach out to the remotest regions across India where people can access online video consultations with the best doctors in their respective specializations and converse in a local language. The company is also aspiring to create packages for routine health checkups and there would be live support provided by the digital platform. People can make reservations for lab tests online. In time, Modasta hopes to expand its range of services to be more inclusive and wants to make its platform available in every nook and corner of the country.
- Nxsen has developed a wearable device that will record data that can be studied to determine the right actions necessary to accomplish a preset objective. Athletes, fitness enthusiasts, bodybuilders and anyone aspiring for a healthy lifestyle will be able to use an ecosystem wherein data is not just a bunch of numbers or facts but analyses that are completely rooted in reality, showing a path forward to make changes that will usher in the desired results. The Nxsen device uses investigational grade biosensors, capable of measuring heart rate, blood pressure, vitals and real time monitoring coupled with timely assessment of such data will enable people to choose the right foods, to go for appropriate servings and to select activities that will improve health and lifestyle.
- Olwel, a Finnish healthcare institute with active operations in Bangladesh, will be demonstrating its digital outreach program that attempts to bring quality healthcare assisted by technology right to the doorstep of a patient. People who cannot travel or leave their house, those who don’t have the time or the ability to queue up for reasonably reliable healthcare can access convenient medical care, extended service hours and follow up healthcare using the app or website of Olwel. The company is also making its services available on call.
- Shapecrunch specializes in three-dimensional printed orthodontics customized to the needs of a user. The startup aims to solve the chronic problem of joint and foot pain. People with flat foot, musculoskeletal problems in the feet and joints or inflammation in joints can opt for such insoles that would offload the pressure and provide optimum support to the arches. The startup aims to design, customize and create insoles quickly and offer expedited shipping. The whole ordering and customization process is facilitated online.
About the Author
Morris Edwards is a content writer at CompanyRegistrationinSingapore.com.sg, he writes different topics like Launching a startup in Singapore? 4 things you need to know, Productivity Tips from Entrepreneurs and all topics related to Singapore Business Startup. If you are interested about Singapore Company Registration visit our website.
Company: Singapore Company Incorporation Consultants Pte Ltd
Address: 10 Anson Road International Plaza #27-15, Singapore 079903
Telephone: +65 66531211