By Ravi Ramaswamy, Head, Health Systems, Philips
This talk focuses on state of healthcare industry in India and emerging markets, the challenges around accessibility, the rise of chronic diseases & the need for early screening, growth of the mobile industry, and inter industry collaboration to solve the healthcare problem.
Health for all has been talked about for the last several decades but then it has not seen the light of the day yet – accessibility to Primary and Secondary care is still distant dream in our Rural / Semi urban communities. We have not been able to decentralize healthcare – move it away from where the competency is available (Tertiary Centers and Corporate Hospitals) to where it is needed (Primacy / Secondary care clinics). Can we ride the telecom/mobile infrastructure to make this happen? The Internet of Things is not new, but has been gaining more attention and traction lately. The concept of the Internet of Things entails the use of electronic devices that capture or monitor data and are connected to a private or public cloud, enabling them to automatically trigger certain events. Healthcare practitioners are closely watching the development of this trend to see if the Internet of Things will be a part of their future. Internet-connected devices have been introduced to patients in various forms. Whether data comes from fetal monitors, electrocardiograms, temperature monitors or blood glucose levels, tracking health information is vital for some patients. Many of these measures require follow-up interaction with a healthcare professional. This creates an opening for smarter devices to deliver more valuable data, lessening the need for direct patient-physician interaction. Telemedicine of sorts have been in vogue for the last several years but then has been restricted to small pockets of usage. How can we drive penetration of telemedicine as also scale them up to drive financially viable sustenance models? There are a ton of start-ups in the Healthcare space. Can we look at them for coming up with disruptive technologies and processes to help hasten this penetration?
- How can Healthcare Enterprises & Start-up community disrupt adoption of IoT and drive scalability
- What could be potential commercial business models for monetization of IoT in healthcare
Ravi Ramaswamy heads the Health Systems team at the Philips Innovation Campus (PIC) at Bangalore, India. He is also deeply involved in creating products and solutions for the underserved segment in emerging geographies. The solutions would be on par with international standards of quality as also affordable. Ravi is member of the Management team of PIC. Born in Trivandrum in 1961, Ravi completed his Electrical and Electronics Engineering (BE, 1982, REC Nagpur) and then Masters in Engineering Management (1990, NIE, Mysore University). He started his career with L&T in 1982, then moved on to GE in 2000 and then to Philips in 2010. His experience covers R&D, Operations, Finance, Strategic Planning, Project Management and Product Management. He has also worked in several domains like Computer peripherals, Consumer electronics, Defence electronics, Telecommunications, Medical electronics, Real Time Embedded Systems as also on IBM Mainframe environments. His primary expertise is to conceive and develop “Value” solutions for India and other emerging markets. Ravi has been a task force member of several Government committees at the State/Central levels. He is a regular speaker in Indian / International Conferences on Healthcare. He is also a Fellow of the Institution of Engineers and a Senior Member of IEEE.
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