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Transforming Healthcare & Life Sciences Industry in India Through Disruptive Technologies

With the advancement of conventional and disruptive technologies, the healthcare and life-sciences sector in India is transforming, characterized by data mining, clinical diagnoses, and self-monitoring devices to help maintain a healthy lifestyle.

This report provides insights into the trends, current challenges and adoption of disruptive technologies in the healthcare and life-sciences ecosystem incl. hospitals (private & public), diagnostic centers, pharma & medical device companies, social sector and technology firms incl. startups.

It unearths current state of adoption of disruptive technologies across the sector, studies the impact and scope of embracing technology for healthcare transformation. It will enable the entire ecosystem to take strategic decisions and resolve technology adoption concerns and challenges.

Note: We have also compiled a detailed set of 25+ case studies covering healthcare providers and technology service providers. To access this compendium, please write to: Raghuram@nasscom.in

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Key Findings

Indian Healthcare Ecosystem

  • ₹ 60,000+ billion annual productivity loss due to Poor Healthcare infrastructure and early deaths
  • ~68% of Government spend towards maintaining and modernizing public health infrastructure which needs to be channelized in Preventive Care, Insurance & Tech Health Schemes
Adoption of Disruptive Technologies:

  • Indian Health and Lifesciences industry is evolving from improving Access & Affordability to Quality of Care and Cure through data and technology
  • Pharma and Private Hospitals have highest adoption of AI and IoT Technologies, whereas Diagnostics and Health Insurance have highest disruption potential
Social Sector Impact:

  • $1.7 Billion Spent on Healthcare in last 4 years by India Inc.
  • 60% of NGOs are exploring innovative tech solutions for rural healthcare impacting cost of care
  • 80% of Social Healthcare Project delayed due to Approvals & Sign off

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