Companies are participating in several growth initiatives such as forming strategic partnerships, and collaborations. Investment in R&D has also been considered a priority, enabling the creation of innovative predictive models tailored to specific diseases and patient populations. Additionally, companies are also focusing on product expansions by incorporating ML and AI capabilities into their analytics solutions. For instance, in September 2023, Google and Apollo Hospitals expanded their partnership aiming to provide an omnichannel healthcare experience in India with online doctor consultations, improved clinician decision-making, telemedicine services, and home delivery of medication.
Author Credits: Radhika Pawar
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