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Headlines
Study abroad: Opportunities that awaits and challenges that you may face | India Today, 12 feb 2024
New models to improve health outcomes discussed at ISB Healthcare 4.0 Summit | The Hans India, 12 feb 2024
A Hack-and-Crack System Won't Educate India's Billion | The Wire, 11 feb 2024
MSMEs Vital to Indian Economy: Significant Contributions in GVA, Manufacturing | SME Street, 11 feb 2024
The Art of a Good Unicorn: Is story bias affecting India's startup environment? | Hindustan Times, 11 feb 2024
Eco India: How regenerative agriculture is helping small farmers grow and earn better in urban hubs | Scroll.in, 11 feb 2024
Five ways how AI has changed the education industry in India | The Financial Express, 10 feb 2024
A report says that the adoption of AI in the Indian healthcare sector will create almost 3 million jobs by 2028 | IndiaAI.gov.in, 06 feb 2024
Interim Budget 2024: Impact on the macroeconomics of Indian economy | EY, 06 feb 2024
India's Healthcare Industry Comes of Age | Bain & Company, 03 jan 2024
February 2017
Mohammad Anas Wahaj | 20 feb 2017
According to India Brand Equity Foundation (IBEF), the Indian healthcare industry is currently pegged at around US$ 158 billion and is expected to hit US$ 280 billion by 2020. Alpna Doshi, CIO at Philips, while recently speaking on 'Digitalization of Healthcare' at NASSCOM India Leadership Forum, says, 'Unequal access, poor quality and rising costs are three key challenges faced by the healthcare industry.' She adds that these challenges are bringing new opportunities, particularly in the area where technology and healthcare converge. Predictive analytics, home-based healthcare, remote health monitoring with mobile devices and applications, are some prominent areas. Som Mittal, former President and Chairman of NASSCOM, says, 'While access to all will be there as connectivity improves, how can we make healthcare affordable?' And for this, he comments that technology needs to be responsible, citing high margins that are charged for medical devices. Ms. Doshi adds that healthcare companies cannot survive on lower margins, unless the volumes justify those margins. Tie ups with NGOs she said, was one way to increase volumes and thereby bring down costs. Automation in healthcare industry will become more prevalent. She points out that augmented reality and artificial intelligence will further disrupt the healthcare industry. Read on...
Forbes:
The three key challenges faced by India's healthcare industry
Author:
Varsha Meghani
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