My friend Beth is starting a US company that focuses on thes e kinds of low-cost solutions for the developing world with an eye to doing a disruption from the base of the pyramid.
I'd include a link, but I don't think they have a public face yet. I do know they are looking for hardware and software engineers.
It only took $44K to develop this. wow.
Maybe the best strategy to reduce global healthcare cots, is to invest in the indian healthcare technology ecosystem.