Innovaccer, a healthcare company founded by Abhinav Shashank, Kanav Hasija, and Sandeep Gupta that provides physician practices, hospitals, health systems, and other healthcare providers with different digital products, became the first Indian Healthtech unicorn in February last year. In the wake of the pandemic, it was a time when people pursued all avenues to avoid hospital visits while still availing healthcare access. Experts say the hybrid healthcare model is here to stay, opening the doorway further for healthcare technologies.

The solid tailwind for the healthcare IT industry is not an Indian phenomenon but a global one a silver lining of the pandemic. According to ResearchAnd Markets.com, the global healthcare IT market is projected to reach $829.2 billion by 2026, while it is estimated to reach Rs.485.43 billion by 2024, growing at a CAGR of a whopping 27.41 percent.

However, people are eventually going to go back to the physical warmth of hospitals. Hence, alongside flaring digital healthcare ecosystems, the need for futuristic hospital management platforms is a need that is going to redeem itself in the near future. The healthcare industry needs to be ready for it by building capabilities around bleeding-edge tech and including artificial intelligence & data analytics based predictive, preventive, & personalized healthcare models and RPA-powered patient experience. This issue of CEO Insights magazine is all about unfolding the stories of the leaders in the healthcare technology segment. They manifest a novel approach and find new avenues to impart quality healthcare solutions. Do let us know your thoughts.