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AI In Indian Healthcare Market To Reach $1.6 Billion By 2025: Report

AI In Indian Healthcare Market To Reach $1.6 Billion By 2025: Report

NDTV
Tuesday, August 13, 2024 12:54:26 PM UTC

AI technology promises a transformative leap for India's healthcare system by enhancing diagnostics, streamlining operations, and improving patient care nationwide, the report added.

Artificial intelligence (AI) in the Indian healthcare market is growing at a compound annual growth rate (CAGR) of 40.6 per cent and is estimated to reach $1.6 billion by 2025, a report showed on Tuesday.

Expected to reach $650 billion by 2025, the overall healthcare sector in India has been growing at a CAGR of 22.5 per cent between 2016 to 2022 and is diversifying in terms of products, services, and markets, according to the report by Nasscom and Kantar.

AI technology promises a transformative leap for India's healthcare system by enhancing diagnostics, streamlining operations, and improving patient care nationwide, the report added.

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