AI-Driven Healthcare to Boost India’s GDP by $25-30 Billion by 2025: Report

New Delhi, Mar 5 (KNN) Artificial Intelligence (AI) in healthcare is set to contribute significantly to India’s economy, with an estimated impact of USD 25-30 billion on GDP by 2025.

A report by Deloitte highlights AI’s role in improving accessibility, diagnostics, and treatment outcomes across the nation.

Government-backed initiatives such as the IndiaAI Mission and the Digital Personal Data Protection Act, 2023 are fostering a digitally empowered healthcare ecosystem.

These measures aim to ensure responsible AI integration while enhancing data security, thereby supporting the sector’s growth.

According to the report, titled “Digital Healthcare - Top 10 Myths Debunked Digital Health & AI,” AI adoption in healthcare has exceeded 40 per cent, outpacing industries like FMCG (30 per cent) and manufacturing (25 per cent).

The study underscores how AI-powered diagnostics, MedTech innovations, and digital health records are revolutionizing patient care in India.

Joydeep Ghosh, Deloitte India’s Life Sciences and Health Care Industry Leader, emphasised that India’s digital healthcare sector is evolving rapidly.

He noted that the country’s exports of surgical consumables and disposables reached USD 1.6 billion in FY 2022-23, reflecting its expanding footprint in the global healthcare market.

Despite these advancements, challenges remain. Regulatory alignment, workforce training, and infrastructure limitations continue to slow AI adoption compared to sectors like banking and financial services.

Data security concerns and fragmented regulations further hinder progress, particularly in rural regions.

Ghosh stressed that with targeted investments and strategic policy enhancements, India has the potential to emerge as a global leader in AI-driven healthcare, ultimately improving patient outcomes and accessibility across the nation.

(KNN Bureau)