Swedish fintech and wellbeing organization Milvik Bima has launched its cell wellness app in Bangladesh.
WHAT It’s ABOUT
According to a push assertion, the Milvik Health and fitness+ app combines payment instruments and e-commerce for health care.
It also has telehealth features that enable end users to converse with their health professionals and retain keep track of of their appointments and stick to-up phone calls. They can also entry their health care record by means of the application.
Consumers can also make wellbeing factors which are gathered with every in-application payment of their health subscriptions. These points can be redeemed for healthcare merchandise, these kinds of as medicines, health care products, health and fitness and health and fitness wearables, oral and eye care items, and nutritional goods.
In addition, the application permits users to deal with their wellness subscriptions with flexible payment choices and the means to update the details of their family customers. They are also able to monitor their well being cost savings.
WHY IT Matters
Founded in 2010, Milvik Bima delivers telemedicine, specialist care, wellbeing screening, personalised overall health courses, drugs supply, laboratory screening, and insurance policies.
The company 1st entered Bangladesh in 2012. It also operates in 8 other countries throughout Asia and Africa.
Bringing fintech into electronic overall health will help narrow the hole in health care accessibility in Bangladesh, in accordance to Reynold D’Silva, Milvik Bima’s international chief expansion officer and managing director for Asia.
With a wellbeing wallet element on the Milvik Wellness+ app, Milvik Bangladesh will be ready to offer you a broad selection of health care gains to buyers and make health care accessibility more obtainable, explained Region Manager Ankur Basu.
In the meantime, the firm is working with its implementation lover, Access Health and fitness Intercontinental, to explore public-non-public funding possibilities.
Sector SNAPSHOT
According to Statista, the digital health marketplace in Bangladesh is noticed to be worth $371.5 million this yr. It is projected to expand to $631.6 million by 2026, expanding at a 14.19{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} CAGR.
The Management Information and facts Procedure unit of the Directorate Standard of Wellness Companies is leading Bangladesh’s digital wellbeing transformation by fostering a supportive ecosystem for electronic innovation. This includes enabling an built-in well being information and facts method, building electronic wellness documents for each citizen, and harnessing population wellbeing data using AI.
As a result of the country’s endeavours to empower digital health innovation, far more startups have sprung up in the latest many years, such as the e-pharmacy Arogga and telehealth service provider Daktar Bondhu, which both of those released in 2020.
