Safer And Affordable Healthcare

Deploying engineering simulation in design cycle reduces design and development time and ensures the product is meeting the local needs

- Rafiq Somani

Access to affordable and advanced healthcare is a key to drive innovation for healthcare companies focusing on India. This is going to be especially crucial for the 1.25 billion population in India. With increasing insurance coverage and also the surge in Government spending, there is a large population in India that is looking at accessing high quality healthcare facilities. The need of the hour is better healthcare facilities. Along with this, there will also be a higher demand for medical devices and equipment. In the current scenario, there is a huge gap between demand and supply, especially local supply. Approximately, 75% of medical devices and equipment in India are imported today. This makes the devices expensive and the treatment more expensive.

In future, medical treatment will evolve to towards P4 Medicine. This includes Preventive, Predictive, Participatory, and  Personalised. To achieve this goal, we need to continuously measure the virtual parameters that can define patient health. It is only through digital technologies such as artificial intelligence, VR/AR, 3D-printing, robotics or nanotechnology, that this can become a reality. To make it accessible to all, it is pertinent to ensure that this is affordable.