Major tech companies have been making significant strides in the healthcare sector, and their progress has been closely monitored and analyzed. Based on the 2023 scores on the Health, Innovation & Tech (HIT) Index, here’s a power ranking of the most influential non-healthcare players in the healthcare industry:
- Google (15 points): Google tops the list, with its vast presence in AI, aging, and life science research. They have ventured into population genomics, artificial intelligence, longevity, and activity tracking. A recent collaboration with CareCloud aims to bring AI capabilities to small and medium healthcare providers. Google’s extensive reach in healthcare is evident, and their potential in quantum computing could further solidify their dominance.
- Microsoft (14 points): Microsoft, while less visible, has a significant presence in healthcare, especially with its vast user base in hospitals and health practices globally. Their Cloud for Healthcare and acquisition of AI-powered speech-technology company, Nuance, are notable moves. Their partnership with Epic incorporates the use of Nuance’s DAX system and OpenAI’s GPT-4 capabilities.
- Amazon (13 points): Amazon has shown exponential growth in the pharma industry and healthcare. They have ventured into online pharmacy, generative AI with HealthScribe, telehealth, and even acquired One Medical. Their Amazon Web Services platform dominates the cloud infrastructure market, making them a formidable player in healthcare.
- Apple (12 points): Apple’s vision of a closed infrastructure has been successful in consumer devices. However, its approach might pose challenges in other healthcare segments. Their recent introduction of VisionPro, although expensive, has garnered attention. Healthkit and the Apple Watch emphasize privacy, a valuable feature in healthcare.
- NVIDIA (12 points): Known for its gaming hardware, NVIDIA has also made significant strides in healthcare. Their GPUs support demanding research projects, and their technology is embedded in various medical devices. Their collaboration with Medtronic in 2023 and involvement in AI studies further highlight their growing influence.