Healthcare in 2024: A year of transformation and technological shifts

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Healthcare in 2024: A year of transformation and technological shifts

In 2024, healthcare experienced significant transformations driven by economic constraints and technological advancements. The focus shifted from generic AI solutions to specialized, India-specific applications, particularly in the realms of AI and GLP-1 drugs. This evolution set the stage for a more tech-driven and efficiency-oriented future in healthcare.

Investment trends reflected cautious optimism, with tech-first healthcare startups raising substantial capital, particularly in AI-driven innovations. Major hospital chains like Apollo and Aster DM Healthcare began developing proprietary AI solutions, marking a shift from technology adoption to ownership. The landscape is evolving, with a strong emphasis on profitability and sustainable growth as the sector prepares for further advancements.

• AI's role in healthcare shifted to specialized, India-specific applications.

• Major hospital chains began monetizing their proprietary AI-driven solutions.

Key AI Terms Mentioned in this Article

Agentic AI

Agentic AI refers to models that autonomously perform complex tasks using predefined business logic, enhancing operational efficiency.

AI-driven diagnostics

AI-driven diagnostics involve using artificial intelligence to improve accuracy and efficiency in medical assessments and decision-making.

Companies Mentioned in this Article

Jivi AI

Jivi AI focuses on specialized healthcare applications, outperforming competitors in specific tasks and gaining notable backing.

Zydus Wellness

Zydus Wellness is involved in the D2C healthcare sector, acquiring companies to expand its product offerings and market reach.

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