Know how Brainiac Healthcare helps Anesthesiologists with its smart device

COVID-19 is essentially a respiratory ailment that has boosted the use of respiratory monitoring devices, to monitor the physiological functions of the lungs during COVID-19 treatment. Brainiac Healthcare comes up with an idea to build a smart and low-cost device for anesthesiologists which will help them to monitor their patients effectively.

Krunal Prajapati is the founder of Brainiac Healthcare. Brainiac Healthcare is an Ahmedabad-based company that innovates cost-effective medical devices for the medical fraternity to improve their work efficiency. 

Brainiac is currently developing a smart respiratory CO2 gas monitoring device for anaesthesiologists who are reliant on expensive products that do not match their work-life.

More about Brainiac Healthcare

The founder of Brainiac Healthcare, Mr. Kunal Prajapati, says that Brainiac Healthcare was incorporated in 2021. At first, he also worked as a research and development engineer. While working there, he experienced a few issues that medical fraternities were facing. 

This made him switch to a new project and he started working on single individual problems. It also involved discussing those problems with medical fraternities and giving solutions for the same. After doing many iterations with different customers, Krunal came up with an idea to build this device, which can satisfy the customers with proper solutions and which is also a product market fit.

Lives touched by Brainiac Healthcare

Brainiac Healthcare developed its device after several tests and iterations. They are currently doing some clinical trials for the devices. It also includes the fact that they have tested around 17 patients. Those tests resulted in a good number of feedback and results.

The global respiratory monitoring devices market size is expected to grow from $1.17 billion in 2021 to $1.33 billion in 2022 at a compound annual growth rate (CAGR) of 13.3%. The global respiratory monitoring device market size is expected to grow to $2.07 billion in 2026 at a CAGR of 11.7%.

USPs of Brainiac Healthcare

In India, there are a very small number of anesthesiologists as compared to operating theatres. In small-medium scale hospitals, usually have around 5 operation theaters. It is not possible for anesthesiologists to monitor multiple patients at the same time. So the majority of anesthesiologists in India work as freelancers to provide services to other areas. For example, tier 1, tier 2, etc. 

Brainiac Healthcare built its device as a small hardware device, which is for patients and mobile applications to transmit the data. This device helps and creates value for anesthesiologists at a low cost or in a cost-effective manner.

In each operation theatre, a small hard-piece device is attached to the patients, which will measure the CO2 level of the patients and transmit the data to the software. This makes the process very easy and flexible for anesthesiologists.

Brainiac Healthcare is funded or bootstrapped?

Brainiac Healthcare is bootstrapped, but they have also received a Nidhi EIR grant from CIIE.CO IIM Ahmedabad incubator. Apart from this, Brainiac Healthcare has also raised funds from the Startup India Seed Fund Scheme (SIFS) and with that, they’re going to have 20 lacs of fundraising. 

Revenues in FY22 and planning for FY23

Brainiac Healthcare has started marketing its products via Pan India. And by that, they have received 15 confirmed orders. Also if the process gets completed by March 2023, Brainiac will be generating revenue of around 15 lacs.

Goals and expansion of Brainiac Healthcare

The founder of Brainiac Healthcare also states that “we have an aspect of CO2 monitoring. It is not just limited to anesthesiologists; it can also be helpful for them to find different kinds of parameters or abnormalities that are happening with the patient. For example, hypoventilation, hyperventilation, etc. In the future, we are also thinking of expanding our horizons in the AI segment, where it will be easy to predict the condition of the patient and act accordingly.”

Piece of advice for learning

As a medical device founder, Krunal Prajapati says, “You should have so much patience for yourself as things will take time. It is not just about developing the product, also you have to visit hospitals and doctors, talk with customers, do clinical trials, and get different kinds of approvals.”

(Edited by Neeraj Chouhan)

 

Contributed By: Krunal Prajapati, Founder, Brainiac Healthcare
Tags : #Top-Innovative-Healthcare-Startup-Series #KrunalPrajapati #BrainiacHealthcare #Startup #Healthdevice #Anesthesiologists #MonitoringDevices #healthtech #Hospitals #Medicircle #SmitaKumar

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

The Surprising Link Between Sleep and Age Perception: What You Need to KnowMarch 29, 2024
The Dark Side of Beauty: Kidney Damage from Hair Straightening TreatmentsMarch 29, 2024
The Dark Side of Beauty: Kidney Damage from Hair Straightening TreatmentsMarch 29, 2024
Avance Clinical at World Vaccine Congress to Share Latest Vaccine Clinical Trial News Including an HIV-1 StudyMarch 29, 2024
Sexual wellness superstore, Love Depot launches digital campaign to deliver every desireMarch 28, 2024
Recharge Your Life: Simple Ways to Boost Your Physical and Mental EnergyMarch 28, 2024
The Neurological Toll of Common Household Chemicals: Insights from Recent ResearchMarch 28, 2024
The Aging Puzzle: Decoding the Mechanisms of AgingMarch 28, 2024
The Double-Edged Sword of Kala-azar Treatment: Shedding Light on Eye ComplicationsMarch 28, 2024
FTCCI Launches Industry-Academia Connect to improve the employability of Engineering Graduates and address the growing demand for Talent in Emerging TechMarch 27, 2024
NTT and Olympus Begin World's First Joint Demonstration Experiment of Cloud Endoscopy SystemMarch 27, 2024
NTT and Olympus Begin World's First Joint Demonstration Experiment of Cloud Endoscopy SystemMarch 27, 2024
2nd Edition of IIFL JITO Ahimsa Run for peace & for non-violence to be held on 31st MarchMarch 27, 2024
Brij Hotels Announced 4 Million in Series A Funding March 27, 2024
Combatting Childhood Sedentariness: The Key to Preventing Premature Vascular DamageMarch 27, 2024
Crucial Findings: Unlocking Paths to Combat Ebola's DevastationMarch 27, 2024
Guarding Against Disease: The Crucial Role of Oral Hygiene in Preventive HealthcareMarch 27, 2024
Sanofi & Cipla announce exclusive distribution partnership to expand reach of CNS portfolio in IndiaMarch 26, 2024
Surmandal's Tribute to the Legends of Hindustani Classical MusicMarch 26, 2024
In Moscow, over 350,000 mammograms have been analyzed using artificial intelligence as part of the compulsory health insurance programMarch 26, 2024