Startups play huge role in healthcare: Satya Nadella

Hyderabad: Startups have a huge role to play in the entire healthcare value chain, said Microsoft Chief Executive Satya Nadella. "Startups are shaping the future of healthcare with lots of breakthroughs in the domains of biology, patient care and drug discovery.

I see many startups attracting huge investments and coming out with breakthroughs, including voice-based applications, for the healthcare sector," he said. Hyderabad-born Nadella was speaking at a fireside chat titled 'Charcha 2021 - Healthcare to Hit Refresh' with Telangana Industries Minister KT Rama Rao on the concluding day of the two-day life sciences and healthcare event BioAsia 2021 on Tuesday.

The discussion focused on the opportunities created by the intersection of technology and healthcare, digital transformation and the role of startups, among others.

Stating that 2020 has been the year wherein the medical sector has gone through an evolution, Nadella said there is no denial that there will be a lot of breakthroughs in the medical industries, precisely after witnessing such a global pandemic.

"If we have to speak about the startups, there has always been a sense of craving in the industry to address certain gaps in the society.¬ The startup category has already shown tremendous potential in bringing in digital enablement in the medical industry and it is not just benefiting any specific segment but every possible individual in the country across cities and villages," he said.