Technology has a way of pervading all industries. Healthcare has not been untouched by the recent technological advancements. Robotics is the next game changer in the Healthcare industry where robots have the potential to be the new care takers.
In recent years, the Indian healthcare sector has grown exponentially owing to the increased investment, both in public as well as private sectors. According to a report by NITI Aayog, the Indian government will increase public expenditure on healthcare from 1.1% to 2.5% GDP in the next four years and subsequently to 5% in the following five years. At present, the rising incidences of lifestyle diseases and growing demand for affordable healthcare coupled with increased role of government in healthcare investment space and emergence of technologies such as artificial learning (AI), machine learning (ML) and robotics are the major driving factors in Indian healthcare industry.
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