| | JANUARY 20254VOL 11 · ISSUE 1 - 1 · JANUARY, 2025 PublisherOffice Editorial queries editor@ciotechoutlook.com To subscribeVisit www.ciotechoutlook.com/magazine/or send email to: subscription@ciotechoutlook.comMagazine Price is 150 per issuePrabhu Dutta A.R.N RayAlok ChaturvediManager DesignMagendran PerumalCirculation ManagerEditorial TeamNo. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017Mrigank SharmaSurbhi SumanManaging EditorSudhakar SinghVisualizersAdvertising queriessales@ciotechoutlook.comBangaloreTel 080 46441103Gm Sales & MarketingRavi KalgiPrinted and published by Alok Chaturvedi on Behalf of Biz Print Media Technologies Pvt Ltd and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore - 560008 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2024 Biz Print Media Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Roshan AktharViswanathan ALakshmi PrabhaNoidaTel 120 4639300EDITORIALSHAPING THE FUTURE OF HEALTHCARE Favourable conditions like greater product innovation, the increased demand for healthcare and government support have led to a considerable growth in India's Pharma and Life Sciences Technology Solutions market. India is one of the world's biggest producers of pharmaceuticals, not just a global centre for generic medicines but a major biotechnology and life science research player. Digital health technologies, including artificial intelligence (AI), big data analytics and cloud based solutions are in the process of revolutionizing the industry with their adoption. They are used for predictive analytics in which opportunities for optimization are seen in drug development cycles and clinical trials. Indian government's initiatives like the National Digital Health Mission (NDHM) are further boosting the adoption of technology in healthcare and life sciences sector.The sector's evolution was catalyzed by its growth during the pandemic as it highlighted the importance of the advanced healthcare infrastructure and innovation. Automation, telemedicine platforms and supply chain solutions have become a focus of pharmaceutical companies that aim to increase efficiency and resilience. Contract Research and Manufacturing Services (CRAMS) are also growing and it is being preferred by India owing to cost advantage and skilled work force. Advancements in biologics, biosimilars and precision medicine are projected to take India's biotech industry to $150 billion by 2025. Another expansion of the potential for personalized healthcare is the integration of IoT and wearable technology satisfying growing consumer expectations. Going forward, the sector's growth looks optimistic. Innovation is being fostered by collaboration between academia, industry and government and global partnerships are positioning India as a key player in the global life sciences market.In this special issue, CIOTechOutlook brings to you the stories of companies that have made their mark in this domain with their technology acumen and industry expertise. These companies have kept abreast of the new technological advancements in their sector and have leveraged them to their full potential. We hope this issue gives you helpful insights into this market landscape. Sudhakar SinghManaging Editorsudhakar@ciotechoutlook.com
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