Transforming Indian Healthcare: A Glimpse Into 2030 And The Role Of AI
With the rapid growth in medical technology, increased digitalization, and a growing focus on preventive care, it is poised for even greater transformation. According to the ‘Healthcare Market in India 2022-27’ report, in terms of revenue, the healthcare market is estimated to reach Rs 110.21 Trn by FY 2027 which was valued at Rs 21.14 Trn in FY 2021. As we step into the future, it becomes imperative to envision how the landscape of healthcare in India will transform by 2030. One of the key factors that will shape the industry is the integration of artificial intelligence (AI) into healthcare practices.
Artificial intelligence has made significant strides over the past decade, and by 2030, it is likely to be an integral part of the healthcare ecosystem in India. AI-powered technologies possess immense potential to improve patient care, enhance medical research, and optimize operational efficiency within the healthcare system. Let’s explore the potential trajectory of Indian healthcare and the role AI may play in revolutionizing the industry.
· Digitization, Telemedicine and Remote Healthcare
The pandemic has accelerated the adoption of telemedicine and digital health solutions in India. It compelled healthcare providers to embrace virtual consultations, enabling remote diagnosis, treatment, and monitoring. One of the significant shifts in Indian healthcare by 2030 could be the widespread adoption of digitization and telemedicine. The report also highlights that the digital healthcare segment demonstrated a market share of 13% in FY 2021 which is expected to increase by 4.44% by FY 2027. By 2030, AI-powered virtual assistants and chatbots will play a vital role in providing preliminary medical advice, scheduling appointments, and connecting patients with specialists. Additionally, remote monitoring devices and wearable technology will enable patients to receive continuous care from the comfort of their homes, reducing the burden on hospitals and improving access to healthcare services.
· AI Revolutionizing Medical Diagnostics:
By 2030, AI is expected to have a profound impact on medical diagnostics in India. AI-powered systems will be capable of analysing vast amounts of patient data, including medical records, imaging scans, and genetic information, to identify patterns and make accurate diagnoses. AI algorithms will augment the expertise of healthcare professionals, enabling faster and more precise diagnoses, thus leading to early interventions and improved patient outcomes.
· Enhanced Diagnostics and Personalized Treatment:
The advent of AI will pave the way for personalized medicine and treatment plans tailored to an individual's unique genetic makeup, lifestyle, and medical history. AI algorithms can analyse vast amounts of patient data, including medical records, test results, and genetic information, to aid in accurate diagnosis. By 2030, AI-based diagnostic tools will have evolved to provide faster, more accurate assessments, enabling physicians to make informed decisions. While machine learning algorithms can also help predict disease progression, allowing for personalized treatment plans tailored to individual patients.
· AI in Drug Discovery and Research:
India's pharmaceutical and biotech sectors will witness remarkable growth and innovation by 2030. The above report further revealed that the pharmaceutical segment is estimated to grow to a market share of 19.91% in FY 2027 which was 16.50% in FY 2021. By 2030, AI algorithms will be capable of processing vast amounts of biomedical data, accelerating the identification of potential drug candidates and significantly reducing the time and cost involved in the drug development process. AI will empower researchers to uncover novel therapeutic targets, design more precise clinical trials, and contribute to the development of breakthrough treatments for various diseases.
The future of Indian healthcare in 2030 holds great promise, driven by the integration of AI technologies. AI will revolutionize diagnostics, treatment, and research, enhancing patient outcomes and improving access to healthcare services. However, to fully realize the potential of AI, policymakers, healthcare professionals, and technology providers must collaborate and establish a robust framework that ensures the ethical and responsible implementation of AI in healthcare. By doing so, we can unlock a future where AI and human expertise work hand in hand to create a healthier, more efficient, and inclusive healthcare system in India.
About the Author -
Pritika Singh - CEO of Prayag Hospitals Group
