?? Exciting Insights from My Recent Visit to India ??

?? Exciting Insights from My Recent Visit to India ??

Last week, I concluded my enriching journey through India, a country of immense complexity and vibrant growth. Amidst its solid economic strides, one sector particularly caught my attention: the musculoskeletal care market. The scale and unmet demand in this field are unlike anything seen in the "west".

Publicly accessible sales data highlights the remarkable growth of India's arthroplasty market, expanding at a rate of 10-20% annually. This market is segmented into premium and value segments, with the premium sector swiftly embracing robotic technology. During my stay, I had the privilege of blending my extensive Indian experience with insights from various stakeholders including VCs, entrepreneurs, clinicians, and returning Indian professionals. Their perspectives painted a fascinating mosaic of innovation and opportunity. Here are a few themes that emerged from our discussions:

  • Government Policy: India's recent policy initiatives, such as the unique patient identifier and financial inclusion measures, are driving micro-economic growth while streamlining healthcare access. The introduction of a national healthcare card for low-income earners underscores the government's commitment to expanding coverage.
  • Indian Markets: India boasts both a premium private market and a value-driven, higher-volume market, each with significant growth potential. Private providers play a pivotal role in addressing these burgeoning needs.
  • Tech Innovation: Despite infrastructure challenges, India is witnessing a surge in tech innovation, fueled by both domestic and international investment. Noteworthy examples include ventures addressing unique Indian problems and the return of socially conscious entrepreneurs.
  • Technology Adoption: Surprisingly, India is rapidly embracing advanced technologies like robotics in orthopedics, challenging preconceived notions about cost barriers. However, the transition to digital health records presents its own set of challenges, albeit with immense potential for improvement.
  • Future Opportunities: With widespread smartphone penetration and digital literacy, there's vast potential for cellular-based technologies to revolutionize healthcare delivery, especially in underserved communities. My journey in India was a testament to the country's dynamism and innovation.

Stay tuned for more insights on AI in healthcare from my experiences in Kerala!


Thank you to following for meeting with me:

Matt Knueven

Sales Manager @ One Direct Health Network | Business Development, Medical Device Sales

2 周

Stefano, thanks for sharing!

回复
Hope Frank

Global Chief Marketing & Growth Officer, Exec BOD Member, Investor, Futurist | AI, GenAI, Identity Security, Web3 | Top 100 CMO Forbes, Top 50 Digital /CXO, Top 10 CMO | Consulting Producer Netflix | Speaker

3 周

Stefano, thanks for sharing! How are you doing?

回复
Monikaben Lala

Chief Marketing Officer | Product MVP Expert | Cyber Security Enthusiast | @ GITEX DUBAI in October

1 个月

Stefano, thanks for sharing!

Serge S.

AI Technology Consultant | AI and ML expertise

8 个月

Impressive growth in India's musculoskeletal care market. Any challenges?

John "JJ" Russo

VP of Healthcare Solutions @ OSP

8 个月

It's amazing to hear about your exploration of India's musculoskeletal care market! The rapid growth, particularly in arthroplasty, and the adoption of robotic technology in the premium segment truly showcase India's healthcare evolution. I can't wait to hear more about your experiences with AI in healthcare from Kerala!

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