The silent revolution inside your next diagnosis

From code to care, a quiet revolution is unfolding, where machines predict, images think, and hospitals learn. In a world of wires and whispers, precision becomes personal, and healing begins before symptoms even speak

- Shrikanth Govindarajan

India's MedTech sector is rapidly growing, fueled by initiatives like the National Health Policy, Ayushman Bharat PM-JAY, and the Ayushman Bharat Digital Mission, which enhance healthcare access and delivery.

AI and ML are driving advancements, transforming diagnostics and treatment through preventive, predictive, and personalized care. AI adoption in Indian healthcare, valued at $1.6 billion by 2025, is robust, with 57% of providers using AI, outpacing global rates.

In a candid conversation, Girish Raghavan, CTO - Women's Health & X-Ray and VP - Engineering, GE HealthCare Technology Centre India, shares how GE HealthCare is driving India's MedTech evolution with advanced technologies and a commitment to "Make in India, for the world."

Their focus on AI-driven diagnostics, especially in oncology and imaging, aims to deliver precision health nationwide. Innovations like the AI-powered Cath Lab and Revolution Aspire CT enhance diagnosis and imaging intelligence. India stands as a critical market for their strategic mission toward creating a world where healthcare has no limits and enabling clinicians to diagnose patients accurately across diverse clinical environments. Excerpts:

India's MedTech rise: A pillar in the global precision care playbook

Today, India is the fourth-largest economy in the world, a $4 trillion economy. India is not only among the world's fastest-growing economies but also among the top 20 MedTech markets globally. Reports suggest that India's global market share in medical devices is expected to grow from 1.65% to 10-12% over the next 25 years. These statistics make India a market of opportunities. The country is also ambitiously investing in healthcare and incentivizing localization. India's public expenditure on healthcare touched 2.1% of GDP in FY23 and 2.2% in FY22, up from 1.6% in FY21 (as per the Economic Survey 2022-23).