The 2025-26 Budget presents a pivotal opportunity to elevate healthcare advancements, building upon the progress made in 2024. As the Union Budget for the year 2025-26 approaches, the healthcare sector looks forward to reforms that address the shortcomings of flagship schemes like Ayushman Bharat.
According to the healthcare industry experts, the upcoming budget is a great opportunity to fix some of the issues that our healthcare system is facing- such as shortage of doctors, especially specialists, rising costs for cancer treatment, and not enough hospitals for our growing population.
Dr Harsh Mahajan Chair-FICCI Health Services Committee and Founder & Chief Radiologist, Mahajan Imaging & Labs says, "Now is the time to invest in advanced diagnostic technologies and research. A critical area for reform is the high GST on medical equipment, which drives up costs and limits access to essential care. Reducing or exempting GST on medical devices will make cutting-edge technology more affordable for healthcare providers and ensure patients receive timely, quality care."
"India must prioritise and invest in becoming the global leader in health AI, driving advancements in digitisation, building a connected healthcare ecosystem, and enhancing the manufacturing capacity of indigenous medical devices. This singular focus on health AI leadership can transform the nation's healthcare landscape, improving quality, infrastructure, and global competitiveness. The Union Budget 2025 should align with this vision by expanding the Production Linked Incentive (PLI) scheme, investing in AI innovation hubs, and fostering public-private partnerships", adds Mudit Dandwate, CEO and Co- Founder Dozee.
AI is the key to healthcare advancements
Putting more focus on AI-based advancements, VS Sudheer, Group CEO, Maxivision Super Specialty Eye Hospital says, "AI-driven solutions hold immense potential for preventive eye care. India, with its vast data pool, can lead the way in predictive analytics if domestic companies receive support for innovation from the government."
Source: Bio Spectrum India
#medtechstartup #startup #dseide
According to the healthcare industry experts, the upcoming budget is a great opportunity to fix some of the issues that our healthcare system is facing- such as shortage of doctors, especially specialists, rising costs for cancer treatment, and not enough hospitals for our growing population.
Dr Harsh Mahajan Chair-FICCI Health Services Committee and Founder & Chief Radiologist, Mahajan Imaging & Labs says, "Now is the time to invest in advanced diagnostic technologies and research. A critical area for reform is the high GST on medical equipment, which drives up costs and limits access to essential care. Reducing or exempting GST on medical devices will make cutting-edge technology more affordable for healthcare providers and ensure patients receive timely, quality care."
"India must prioritise and invest in becoming the global leader in health AI, driving advancements in digitisation, building a connected healthcare ecosystem, and enhancing the manufacturing capacity of indigenous medical devices. This singular focus on health AI leadership can transform the nation's healthcare landscape, improving quality, infrastructure, and global competitiveness. The Union Budget 2025 should align with this vision by expanding the Production Linked Incentive (PLI) scheme, investing in AI innovation hubs, and fostering public-private partnerships", adds Mudit Dandwate, CEO and Co- Founder Dozee.
AI is the key to healthcare advancements
Putting more focus on AI-based advancements, VS Sudheer, Group CEO, Maxivision Super Specialty Eye Hospital says, "AI-driven solutions hold immense potential for preventive eye care. India, with its vast data pool, can lead the way in predictive analytics if domestic companies receive support for innovation from the government."
Source: Bio Spectrum India
#medtechstartup #startup #dseide
The 2025-26 Budget presents a pivotal opportunity to elevate healthcare advancements, building upon the progress made in 2024. As the Union Budget for the year 2025-26 approaches, the healthcare sector looks forward to reforms that address the shortcomings of flagship schemes like Ayushman Bharat.
According to the healthcare industry experts, the upcoming budget is a great opportunity to fix some of the issues that our healthcare system is facing- such as shortage of doctors, especially specialists, rising costs for cancer treatment, and not enough hospitals for our growing population.
Dr Harsh Mahajan Chair-FICCI Health Services Committee and Founder & Chief Radiologist, Mahajan Imaging & Labs says, "Now is the time to invest in advanced diagnostic technologies and research. A critical area for reform is the high GST on medical equipment, which drives up costs and limits access to essential care. Reducing or exempting GST on medical devices will make cutting-edge technology more affordable for healthcare providers and ensure patients receive timely, quality care."
"India must prioritise and invest in becoming the global leader in health AI, driving advancements in digitisation, building a connected healthcare ecosystem, and enhancing the manufacturing capacity of indigenous medical devices. This singular focus on health AI leadership can transform the nation's healthcare landscape, improving quality, infrastructure, and global competitiveness. The Union Budget 2025 should align with this vision by expanding the Production Linked Incentive (PLI) scheme, investing in AI innovation hubs, and fostering public-private partnerships", adds Mudit Dandwate, CEO and Co- Founder Dozee.
AI is the key to healthcare advancements
Putting more focus on AI-based advancements, VS Sudheer, Group CEO, Maxivision Super Specialty Eye Hospital says, "AI-driven solutions hold immense potential for preventive eye care. India, with its vast data pool, can lead the way in predictive analytics if domestic companies receive support for innovation from the government."
Source: Bio Spectrum India
#medtechstartup #startup #dseide
