Healthcare Innovation Lifecycle and Policy Ecosystem: Insights from India.

ABSTRACT

Purpose: Healthcare innovations are one of the drivers of healthcare sector growth in India. Innovation policies are challenging because of the uncertainty regarding the outcome of the innovations. Hence, there is a need to understand the interface between policies and healthcare innovations to identify gaps and propose timely recommendations. Acoordingly, this study uses the Indian healthcare startup sector as a case study to analyse the above linkages, gaps and propose recommendations. Methodology: Quantitative data from the startup India portal along with qualitative data from key informant interviews have been analysed to draw insights. Findings: Healthcare startups have made significant contributions to the economy and healthcare sector, but there are gaps and room for improvement especially in the areas of awareness, funding and mentoring. Conclusions: Based on the study findings a conceptual framework has been created for understanding the nature of gaps and their linkages in the healthcare innovation lifecycle.