{"id":20175,"date":"2020-09-10T11:53:41","date_gmt":"2020-09-10T06:23:41","guid":{"rendered":"https:\/\/mobisoftinfotech.com\/resources\/?p=20175"},"modified":"2025-11-26T14:28:44","modified_gmt":"2025-11-26T08:58:44","slug":"healthcare-startups-growth-barriers","status":"publish","type":"post","link":"https:\/\/mobisoftinfotech.com\/resources\/blog\/healthcare-startups-growth-barriers","title":{"rendered":"Healthcare Startups: Barriers and Facilitators of Growth"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Healthcare startups around the world are ushering a new horizon to improve the delivery of care. Explore the opportunities and challenges of being a startup in healthcare in COVID-19 in today&#8217;s post. Learn how to solve challenges and succeed.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Healthcare is an ever-evolving industry that transforms without a stop. The advancement of technology, patient preferences, compliance, and other factors are always acting on healthcare to bring about changes. However, young healthcare startups don&#8217;t view this volatility as a challenge. Instead, they tackle the challenges to provide new and improved services to make patients&#8217; lives better. This is apparent in the increasing number of startups that have established their roots all across the world.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Even in the midst of the ongoing pandemic, healthcare startups have been able to stay afloat. They are also able to raise more than <\/span><a href=\"https:\/\/www.cbinsights.com\/research\/report\/digital-health-startups-redefining-healthcare\/\" rel=\"nofollow\"><span style=\"font-weight: 400;\">$20 billion in funds<\/span><\/a><span style=\"font-weight: 400;\"> since the beginning of 2020. According to CBInsights, the funding involved 600 deals and over 900 investors across 18 countries.&nbsp;<\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span style=\"font-weight: 400;\">Interestingly, the majority of these startups are in the US (77%).&nbsp;<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">China follows America in ranking but makes up only 4% of the global share. But that doesn&#8217;t mean the startups in countries like China or India are very far behind. The angel investments in health care startups in India <\/span><a href=\"https:\/\/economictimes.indiatimes.com\/small-biz\/startups\/newsbuzz\/angel-investments-up-3x-in-q2-in-2020-in-healthcare-startups-report\/articleshow\/76625159.cms\" rel=\"nofollow\"><span style=\"font-weight: 400;\">grew 3-times<\/span><\/a><span style=\"font-weight: 400;\"> in the second quarter of 2020.<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">&nbsp;Even in 2019, 53% of angel investments went to the healthcare startup ecosystem.<\/span><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><b>Healthcare Startups and Their Innovative Offerings<\/b><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">Needless to say, the healthcare startups&nbsp; all around the world are adding immense value to the healthcare sector. Let us have a look at their offerings:<\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span style=\"font-weight: 400;\">They are making healthcare more accessible through mobile apps, wearable devices, and healthcare solutions like HIPAA compliant telemedicine platforms.&nbsp;<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Along with that, healthcare startups are also exploring niche markets, like <\/span><a href=\"https:\/\/www.folxhealth.com\/\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Folx Health<\/span><\/a><span style=\"font-weight: 400;\"> serving only to the LGBTQ community.<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Healthcare startups are also making patients&#8217; lives easier by giving them control of their health. We now have several apps that help patients to screen themselves and make a basic diagnosis. Some healthcare startups have launched apps that help patients with mental illness to monitor their mood and behaviors. The services provided by the startups are quite diverse and spans across the various branches of healthcare, medicine, and therapy.<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">The innovative and top healthcare startups are also making healthcare more affordable. For example, a decent specialist in India, like a dermatologist, can charge up to 1,000 rupees for a visit. However, on healthcare apps like Practo, you get unlimited consultations with specialists across all disciplines just for 400 rupees per month. Naturally, this brings big relief to patients as healthcare costs are quite unmanageable in most parts of the world.<\/span><\/li>\n<\/ul>\n\n\n\n<p><span style=\"font-weight: 400;\">Healthcare startups have a range of opportunities they can exploit to turn a profit. We are going to explore some relevant ones in the backdrop of COVID-19.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><b>Opportunities for Healthcare Startups<\/b><b><\/b><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><noscript><img decoding=\"async\" width=\"855\" height=\"363\" src=\"https:\/\/mobisoftinfotech.com\/resources\/wp-content\/uploads\/2020\/09\/opportunities-for-healthcare-startups.png\" alt=\"Opportunities for Healthcare Startups\" class=\"wp-image-20192\"><\/noscript><img decoding=\"async\" width=\"855\" height=\"363\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%22http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%22%20viewBox%3D%220%200%20855%20363%22%3E%3C%2Fsvg%3E\" alt=\"Opportunities for Healthcare Startups\" class=\"wp-image-20192 lazyload\" data-src=\"https:\/\/mobisoftinfotech.com\/resources\/wp-content\/uploads\/2020\/09\/opportunities-for-healthcare-startups.png\"><\/figure>\n\n\n\n<h5 class=\"wp-block-heading subtitle-list\"><span>1<\/span><b> The Growth of Telemedicine<\/b><\/h5>\n\n\n\n<p><span style=\"font-weight: 400;\">Coronavirus has brought with itself a written rule to maintain physical distance. The majority of the global workforce is still working from home, with companies like <\/span><a href=\"https:\/\/www.theverge.com\/facebook\/2020\/5\/21\/21265699\/facebook-remote-work-shift-workforce-permanent-covid-19-mark-zuckerberg-interview\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Facebook making remote working permanent<\/span><\/a><span style=\"font-weight: 400;\">. The need to maintain social distancing has led to the massive growth in telemedicine platforms. In fact, 31% of healthcare startups in 2020 are in telemedicine, says CBInsights.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">The growth in this sector is driven by the advance and affordability of healthcare information technology. Additionally, the decreasing price of smartphones and data packs have also contributed to the trend. You can now consult a doctor from your home using just your mobile.&nbsp;<\/span><b><\/b><\/p>\n\n\n\n<h5 class=\"wp-block-heading subtitle-list\"><span>2<\/span><b> Rise of Remote Patient Monitoring<\/b><\/h5>\n\n\n\n<p><span style=\"font-weight: 400;\">The next big thing in healthcare startups after telemedicine is remote monitoring and diagnostics. This sector includes startups that focus on patient examination at home and help maintain physical distancing.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Several startups with a varied range of apps are also in the market for screening different diseases and conditions. Researchers from The University of Cambridge even developed a mobile app that turns your smartphone into a diagnostic device. You will be able to monitor your kidney health, diabetes, and urinary tract infections without any lab or specialized testing equipment.<\/span><b><\/b><\/p>\n\n\n\n<h5 class=\"wp-block-heading subtitle-list\"><span>3<\/span><b> More Focus on Automation<\/b><\/h5>\n\n\n\n<p><span style=\"font-weight: 400;\">COVID-19 has increased the pressure on the healthcare infrastructure by many times. Hospitals and clinics are crowded with patients with fewer employees to handle the operations. As a result, the healthcare sector is witnessing a strong push towards automation of repetitive and manual administration-related tasks.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">While this is not a new trend, coronavirus has surely made many more providers choose automation. Top healthcare startups have already noticed this and are coming out with fitting automation solutions and tools to manage healthcare operations and improve health outcomes. Examples include automated appointment scheduling apps, pharmacy management tools, and <a href=\"https:\/\/mobisoftinfotech.com\/products\/prescription-management-software\">prescription management<\/a> systems, etc.&nbsp;<\/span><\/p>\n\n\n\n<h5 class=\"wp-block-heading subtitle-list\"><span>4<\/span><b> Handling Healthcare Costs<\/b><\/h5>\n\n\n\n<p><span style=\"font-weight: 400;\">Healthcare costs are skyrocketing everywhere in the world, especially in the US. This affects all stakeholders in the industry, including patients, healthcare service providers, and employers. Thankfully, a host of promising healthcare startups have come up to help you optimize your healthcare costs. For example, a few solutions by startups are available in the market, that allows providers to improve revenue cycle management to save costs and improve efficiency. On the other hand, startups like <\/span><a href=\"https:\/\/trusty.care\/\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Trusty Care<\/span><\/a><span style=\"font-weight: 400;\"> are helping patients make the most of government funds. The app factors in individual health conditions and uses AI to enable patients to maximize governmental financial benefits.<\/span><b><\/b><\/p>\n\n\n\n<h5 class=\"wp-block-heading subtitle-list\"><span>5<\/span><b> Growing Concern with Mental Health<\/b><\/h5>\n\n\n\n<p><span style=\"font-weight: 400;\">Mental health is a big problem in different parts of the world. More and more young people are falling prey to disorders like depression and anxiety. Moreover, the extended period of lockdowns due to <\/span><a href=\"https:\/\/www.medicalnewstoday.com\/articles\/mental-health-effects-of-covid-19-revealed-in-new-study\" rel=\"nofollow\"><span style=\"font-weight: 400;\">COVID-19 has added to increased mental health issues<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">What&#8217;s more alarming is most people with mental illness don&#8217;t seek professional assistance. That makes matters really worse! Healthcare startups were quick to fill in the gap and introduce personalized services for the mentally ill, like-<\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span style=\"font-weight: 400;\">Chat or video consultations<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">mHealth apps<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Addiction management apps<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Personal mental health monitoring<\/span><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><b>Advantages: Healthcare Startups Redefining Patient Outcomes<\/b><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">The efforts of the healthcare startups have brought numerous excellent changes in the industry, let us discuss that.&nbsp;<\/span><\/p>\n\n\n\n<h5 class=\"wp-block-heading subtitle-list\"><span>i<\/span><b> Healthcare for Everyone<\/b><\/h5>\n\n\n\n<p><span style=\"font-weight: 400;\">The growth of telemedicine apps and solutions is making healthcare accessible to everyone around the world. More than 3.5 billion people across the world use a smartphone, reaching areas which doctors may not. This makes it possible to provide healthcare in remote areas efficiently. Along with that, a diverse range of people can now get better healthcare services due to healthcare startups and their innovative healthcare solutions. We already gave you the example of Folx Health. You will find several other apps that cater to specific communities or groups of people.<\/span><\/p>\n\n\n\n<h5 class=\"wp-block-heading subtitle-list\"><span>ii<\/span><b> Fast and Improved Services<\/b><\/h5>\n\n\n\n<p><span style=\"font-weight: 400;\">Automation and better management of patients automatically pace up the services. Patients don&#8217;t have to wait for hours for a chance to get diagnosed. Automation platforms also make healthcare providers&#8217; jobs easy by streamlining workflow and eliminating inefficiencies.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Hospitals and clinics can even expect a boost in productivity!<\/span><\/p>\n\n\n\n<h5 class=\"wp-block-heading subtitle-list\"><span>iii<\/span><b> Save Costs and Efforts<\/b><\/h5>\n\n\n\n<p><span style=\"font-weight: 400;\">Healthcare providers and patients can now optimize costs thanks to a group of promising startups. From reducing operational costs to maximizing reimbursements, everything is possible thanks to the efforts of the startups. Additionally, automation can reduce the workload of the frontline staff and nurses. We even have apps that can automatically fill in insurance forms by sourcing the relevant data.<\/span><\/p>\n\n\n\n<h5 class=\"wp-block-heading subtitle-list\"><span>iv<\/span><b> Better Clinical Outcomes<\/b><\/h5>\n\n\n\n<p><span style=\"font-weight: 400;\">Startups have developed technologies that aid doctors and caregivers in making accurate diagnoses. Providers can also manage patients better and offer the right treatment. On top of that, we have apps to monitor patient health remotely. Naturally, such perks translate to better healthcare and improve clinical outcomes. Patients are also able to take far better care of themselves using at-home resources and monitoring tools. These improvements automatically reduce readmissions and ease the pressure on the healthcare infrastructure to a large extent.&nbsp;<\/span><\/p>\n\n\n\n<a href=\"https:\/\/mobisoftinfotech.com\/resources\/blog\/telemedicine-software-development\"><figure class=\"wp-block-image size-large\"><noscript><img decoding=\"async\" width=\"855\" height=\"100\" src=\"https:\/\/mobisoftinfotech.com\/resources\/wp-content\/uploads\/2020\/09\/inline-cta-1.png\" alt=\"Revolution In Healthcare Industry With Telemedicine Software Development\" class=\"wp-image-20190\"><\/noscript><img decoding=\"async\" width=\"855\" height=\"100\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%22http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%22%20viewBox%3D%220%200%20855%20100%22%3E%3C%2Fsvg%3E\" alt=\"Revolution In Healthcare Industry With Telemedicine Software Development\" class=\"wp-image-20190 lazyload\" data-src=\"https:\/\/mobisoftinfotech.com\/resources\/wp-content\/uploads\/2020\/09\/inline-cta-1.png\"><\/figure><\/a>\n\n\n\n<h2 class=\"wp-block-heading\"><b>Hidden Challenges in Healthcare<\/b><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">Even though healthcare is a promising sector, a few factors can create challenges for startups. Some most significant ones include the following:<\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><h5>Compliance and Regulation<\/h5><br><p><span style=\"font-weight: 400;\">Healthcare is ridden with regulations and laws that stakeholders must follow. Apart from the delivery of care, regulations extend to aspects like data privacy and security of patient records. Some countries like the USA have even created acts like HIPAA to protect patient health information.<\/span><\/p><br><p><span style=\"font-weight: 400;\">Any startup navigating healthcare must comply with the applicable regulations of the country. This is not a challenging task these days with the availability of digital solutions that ensure compliance. Additionally, startups must incorporate strong security protocols like encryption to secure health records and patient data.<\/span><\/p><\/li>\n\n\n\n<li><h5>Huge Competition<\/h5><br><p><span style=\"font-weight: 400;\">You saw how healthcare startups have mushroomed all over the world in recent years. Naturally, more businesses mean more hands competing to grab a market share. As a result, healthcare is a highly competitive market and can put small players in a fix. Startups are going innovative to win a competitive edge. They are coming out with unique services to address specific pain points of the stakeholders in healthcare. We can assuredly say that the problems of the industry are not running out, and startups will always have something to cash on.<\/span><\/p><\/li>\n\n\n\n<li><h5>Lack of Trust<\/h5><br><p><span style=\"font-weight: 400;\">Not all people are ready to put their trust in remote or <a href=\"https:\/\/mobisoftinfotech.com\/resources\/blog\/digital-healthcare-ecosystem-the-new-era-of-medical-care\">digital healthcare services<\/a>. This trend is more common in developing countries with low literacy rates. People don&#8217;t prefer mHealth or telemedicine services as they can&#8217;t speak with the doctor face-to-face. Additionally, patients may be apprehensive of handing over their personal medical records. Startups have found a way to make people more open to their services. They are pairing up with governments or leading healthcare names to build trust and reputation. For instance, the <\/span><a href=\"http:\/\/qure.ai\/\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Indian healthcare startup Qure<\/span><\/a><span style=\"font-weight: 400;\"> secured an FDA clearance for its medical imaging product. Naturally, the approval from the American government did wonders to boost the company&#8217;s credibility.<\/span><\/p><\/li>\n\n\n\n<li><h5>Fear of Out-of-Pocket Expenses<\/h5><br><p><span style=\"font-weight: 400;\">Universal healthcare is still a dream in most countries. Patients still need to pay from their pockets for fees and medical expenses. In countries like the USA, that can be a major concern where an average CT scan costs $3,275. Startups should always be transparent on costs and layout everything clearly to their customers. Moreover, they can work with insurance providers to help patients cover their costs. Also, patients should be provided with a clear breakdown of costs and where their money is going.<\/span><\/p><\/li>\n\n\n\n<li><h5>Reluctance to Change<\/h5><br><p><span style=\"font-weight: 400;\">Implementing healthcare technology needs a shift in the mindset of care providers and patients. Most doctors in a few under-developed or developing countries are still a stranger to technology beyond their clinics. Using apps and digital solutions for them can be quite challenging. Startups should provide resources and training to enable stakeholders to foster change. Any digital transformation takes time, and healthcare is surely a very complex field. So, continued efforts are a must to bring a change in the mindset of care providers and businesses.&nbsp;<\/span><\/p><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><b>The Way Ahead &#8211; Future of Healthcare Startups<\/b><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">One might think the challenges in healthcare will put a stop to the growth of the startups. However, nothing can be more removed from reality! The opportunities available in healthcare outweigh the challenges any day. In fact, the world is more than ready to accept healthcare technology and mHealth services. This is not a new development, as back in 2017, <\/span><a href=\"https:\/\/www.aiin.healthcare\/topics\/connected-care\/54-telehealth-users-prefer-it-person-visits\" rel=\"nofollow\"><span style=\"font-weight: 400;\">54% of patients preferred<\/span><\/a><span style=\"font-weight: 400;\"> an e-consultation over in-person visits. The situation is even more promising today. According to PwC, <\/span><a href=\"https:\/\/www.pwc.in\/press-releases\/global-mhealth-adoption.html\" rel=\"nofollow\"><span style=\"font-weight: 400;\">50% of consumers in all markets<\/span><\/a><span style=\"font-weight: 400;\"> expect new-age health services to,<\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span style=\"font-weight: 400;\">Improve the quality of healthcare<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Bring down costs<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Increase convenience<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Enhance healthcare experience<\/span><\/li>\n<\/ul>\n\n\n\n<p><span style=\"font-weight: 400;\">India is more open to supporting healthcare startups, with 60% consumers backing mHealth services. People have strong trust in these startups and rely on them to stay healthy. The acceptance of people is surely a strong motivation for healthcare startups. However, that&#8217;s not the only impetus they are receiving. Even the government is also coming forward to help the citizens adopt mHealth and telemedicine. In India, the government has set up the National Telemedicine Portal for the delivery of e-healthcare. In addition, the government is also taking steps to make telemedicine available in rural areas.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">In short, the favorable conditions are encouraging healthcare startups to launch innovative and unique solutions and services. Chatbots driven by AI can now make diagnoses as accurate as a physician without any human involvement. Such improvements speed up the delivery of care and help experts work efficiently. Additionally, such services can come handy in emergencies when no medical expert is present for diagnosis.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">The future is bright for healthcare startups, as technology in healthcare has reached a new level. Do you know robots can now perform surgery just like a surgeon? While the idea may seem preposterous, some startups are working to improve the technology. A robot will be able to replace the years of training a doctor requires to do a successful surgery. Surely, that can open the door to endless possibilities we can only imagine about!<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Of course, such technology will need a massive change in ethical frameworks and healthcare laws. But we are slowly progressing towards a world where a patient won&#8217;t die from the lack of medical care.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Moreover, we can make healthcare accessible even to the remotest regions of the world. Along with that, the startups can also bring down medical costs and help even the poorest get world-class treatments. As long as there are people, they will get sick and need medical attention. Startups should navigate the <a href=\"https:\/\/mobisoftinfotech.com\/resources\/blog\/digital-healthcare-ecosystem-the-new-era-of-medical-care\">healthcare ecosystem<\/a> carefully to convert challenges into opportunities.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><b>Final Thoughts<\/b><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">Healthcare startups should be able to experience strong growth, even in times of global crisis like COVID-19. Acceptance by the public and government assistance will make the path easier for businesses in healthcare. Any startup that prioritizes patients&#8217; health is surely going to come out as a champion.<\/span><\/p>\n\n\n\n<a href=\"https:\/\/mobisoftinfotech.com\/contact-us?utm_source=blog_cta&#038;utm_campaign=healthcare-startups-growth-barriers-cta1\"><figure class=\"wp-block-image size-large\"><noscript><img decoding=\"async\" width=\"855\" height=\"363\" src=\"https:\/\/mobisoftinfotech.com\/resources\/wp-content\/uploads\/2020\/09\/cta-3.png\" alt=\"Want to Develop Your Own Profitable Healthcare App?\" class=\"wp-image-20188\"><\/noscript><img decoding=\"async\" width=\"855\" height=\"363\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%22http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%22%20viewBox%3D%220%200%20855%20363%22%3E%3C%2Fsvg%3E\" alt=\"Want to Develop Your Own Profitable Healthcare App?\" class=\"wp-image-20188 lazyload\" data-src=\"https:\/\/mobisoftinfotech.com\/resources\/wp-content\/uploads\/2020\/09\/cta-3.png\"><\/figure><\/a>\n\n\n<div class=\"modern-author-card\">\n    <div class=\"author-card-content\">\n        <div class=\"author-info-section\">\n            <div class=\"author-avatar\">\n                <noscript><img decoding=\"async\" src=\"https:\/\/mobisoftinfotech.com\/resources\/wp-content\/uploads\/2020\/11\/Shailendra.png\" alt=\"Shailendra Sinhasane\"><\/noscript><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" alt=\"Shailendra Sinhasane\" data-src=\"https:\/\/mobisoftinfotech.com\/resources\/wp-content\/uploads\/2020\/11\/Shailendra.png\" class=\" lazyload\">\n            <\/div>\n            <div class=\"author-details\">\n                <h3 class=\"author-name\">Shailendra Sinhasane<\/h3>\n                <p class=\"author-title\">Co-founder and CEO<\/p>\n                <a href=\"javascript:void(0);\" class=\"read-more-link read-more-btn\" onclick=\"toggleAuthorBio(this); return false;\">Read more <noscript><img decoding=\"async\" src=\"\/assets\/images\/blog\/Vector.png\" alt=\"expand\" class=\"read-more-arrow down-arrow\"><\/noscript><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" alt=\"expand\" class=\"read-more-arrow down-arrow lazyload\" data-src=\"\/assets\/images\/blog\/Vector.png\"><\/a>\n                <div class=\"author-bio-expanded\">\n                    <p>Shailendra Sinhasane (Shail) is the co-founder and CEO of <a href=\"https:\/\/mobisoftinfotech.com\" target=\"_blank\" rel=\"noopener\">Mobisoft Infotech<\/a>. He has been focused on cloud solutions, mobile strategy, cross-platform development, IoT innovations and advising healthcare startups in building scalable products.<\/p>\n                    <div class=\"author-social-links\"><div class=\"social-icon\"><a href=\"https:\/\/www.linkedin.com\/in\/sunshail\/\" target=\"_blank\" rel=\"nofollow noopener\"><i class=\"icon-sprite linkedin\"><\/i><\/a>\n                     <a href=\"https:\/\/twitter.com\/sunshail\" target=\"_blank\" rel=\"nofollow noopener\"><i class=\"icon-sprite twitter\"><\/i><\/a><\/div><\/div>\n                    <a href=\"javascript:void(0);\" class=\"read-more-link read-less-btn\" onclick=\"toggleAuthorBio(this); return false;\" style=\"display: none;\">Read less <noscript><img decoding=\"async\" src=\"\/assets\/images\/blog\/Vector.png\" alt=\"collapse\" class=\"read-more-arrow up-arrow\"><\/noscript><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" alt=\"collapse\" class=\"read-more-arrow up-arrow lazyload\" data-src=\"\/assets\/images\/blog\/Vector.png\"><\/a>\n                <\/div>\n            <\/div>\n        <\/div>\n        <div class=\"share-section\">\n            <span class=\"share-label\">Share Article<\/span>\n            <div class=\"social-share-buttons\">\n                <a href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https%3A%2F%2Fmobisoftinfotech.com%2Fresources%2Fblog%2Fhealthcare-startups-growth-barriers\" target=\"_blank\" class=\"share-btn facebook-share\"><i class=\"fa fa-facebook-f\"><\/i><\/a>\n                <a href=\"https:\/\/www.linkedin.com\/sharing\/share-offsite\/?url=https%3A%2F%2Fmobisoftinfotech.com%2Fresources%2Fblog%2Fhealthcare-startups-growth-barriers\" target=\"_blank\" class=\"share-btn linkedin-share\"><i class=\"fa fa-linkedin\"><\/i><\/a>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Healthcare startups around the world are ushering a new horizon to improve the delivery of care. Explore the opportunities and challenges of being a startup in healthcare in COVID-19 in today&#8217;s post. Learn how to solve challenges and succeed. Healthcare is an ever-evolving industry that transforms without a stop. 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