Pointers at Glance
- The largest R&D center, GE Healthcare, has announced the launch of its 5G innovation lab in India.
- The company said the lab would be a testbed to develop future-ready products and solutions, turning a new corner in innovation.
GE Healthcare is the largest R&D center situated at the John F. Welch Technology Center (JFWTC) Bengaluru outside of the USA. It has announced the launch of its 5G innovation lab in India, the first for the company worldwide. The company mentioned that with the advantage of massive bandwidth, low latency, high data speeds, and highly reliable connectivity, 5G has the potential to disrupt the patient care continuum, transforming diagnosis, therapy, and prognosis.
A statement from GE Healthcare said the 5G Innovation Lab is designed to position GE Healthcare at the forefront of these groundbreaking advances in patient care, including potentially driving cutting-edge technology to rural and suburban regions.
GE Healthcare said the lab would serve as a testbed to develop future-ready products and solutions, turning a new corner in innovation. The company houses state-of-the-art infrastructure, including a private 5G network for testing and development. The statement said that it provides expertise and a platform for a collaborative ecosystem for academia, the healthcare industry, and startups, facilitating exploration and enabling validation and qualification of 5G-enabled ‘Precision Healthcare’ use cases.
According to the company, 5G in Healthcare was valued at an estimated USD 215 million in 2021 and is projected to reach USD 3,667 million by 2026. 5G could be a key catalyst for transforming the patient experience by enabling quick collection and transmission of large data files and real-time, high-definition video, which can support quicker analytical insights and streamline clinical decision-making.
Jan Makela, President & CEO of Imaging at GE Healthcare, said that India is an important market for us globally. It is indeed the right time to venture into 5G that will open a realm of exciting opportunities, driving the next wave of growth in Healthcare.
The GE Healthcare 5G Innovation Lab will serve as a conduit for the interplay of exponential technologies such as AI/ML, Big Data, IoT, Edge Computing and Cybersecurity.
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