Data, and AI in healthcare have the potential to add $25-30 bn to India’s GDP by 2025: Ktech nasscom Centre of Excellence 

The healthcare ecosystem in India is going through a dynamic phase with digital transformation at its core. According to nasscom analysis, data, and artificial intelligence in healthcare have the potential to add $25-30 billion to India’s GDP by 2025. Reiterating commitment to disrupting the healthcare ecosystem for accessible and affordable patient care, Ktech nasscom Centre of Excellence (CoE) organized the 11th edition of Lifesciences and Healthcare Innovation Forum (LHIF) and 4th Edition of Healthcare Innovation Challenge (HIC). The forum is a seven-year-old program supported by the Government of Karnataka. It emphasized the need for technology-driven implementation of digital healthcare solutions to enable patients’ better, faster, and quicker access to medical facilities and services, even across remote areas.

Addressing the forum, Shri Dinesh Gundu Rao, Hon’ble Minister of Health & Family Welfare, Govt. of Karnataka, said, “Healthcare is one of the most important duties and responsibilities of the government. It is important to ensure good healthcare solutions and facilities for better, faster, and quicker response to patient care for people living in remote places. Bangalore is the IT/Tech hub for the country therefore Karnataka should lead the high-end usage of AI in healthcare. We will have a roadmap for the next five years towards building a build better healthcare policy.”

The forum reiterated the need for rapid adoption of new-age technologies and innovation in the sector. It also emphasized the need for a strategic focus on building infrastructure that will drive healthcare innovation and disruption in the country. Telemedicine, health tech, data-focused healthcare, last-mile accessibility to primary care, and mobility of skilled talent will be some of the key drivers. At the event, several startups like  Hidentity, KareXpert, I am beside you, Autoyos, ExpandMyBusiness, Healthvectors, Vyli, Ignoimagine, Leucine BioTech, AiVolved, Ignoimagine, Janitri, and Expand My Business. The startups presented their digital health innovations, leveraging the power of AI and IoT, to enhance healthcare facilities and ensure accessible healthcare delivery. Their pioneering solutions aim to simplify healthcare processes and bring them within easy reach of individuals.

During the event, the winners of the Healthcare Innovation Challenge were announced. KareXpert emerged as the winner for the Hospital Automation use case by Sir Ganga Ram Hospital, while Iwayplus secured the victory for the Indoor Patient Navigation use case by Rajiv Gandhi Cancer Institute and Research Center.

Mr. S. Gopalkrishnan, Spl. Secretary, MoHFW, Gol; CEO, NHA, said, “Technology can help in digitizing the healthcare system, thereby aiding a better understanding of what’s happening where and how the health systems will respond. For the citizens to have a better and more comfortable healthcare experience, Ayushman Bharat Digital Mission is a fantastic solution and we will soon reach the total coverage of Ayushman Bharat Digital Mission across the country.”

The event was attended by more than 200 people (physically). The attendees included names of dignitaries like Mr. Achim Burkart, Consul General, German Consulate General Bengaluru, Mr. Sudeepto Roy, VP Engineering, Qualcomm Technology Licensing, Mr. Girish Krishnamurthy, CEO & MD, Tata Medical, Mr. Girish Raghavan, Vice President Of Engineering- GE Healthcare, Mr. Dileep Mangsuli, Executive Director at Siemens Healthineers.