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India’s eHealth market is expected to boom due to the rise in internet penetration and rapid digital transformation (as a result of Covid-19 impact), coupled with rising investor interest and the government’s drive to promote the sector. The country is home to more than 133 funded eHealth startups and the companies witnessed a spike in demand during lockdowns and beyond.
Understandably, the eHealth sector has been pushed to a tipping point during the unprecedented pandemic outbreak. Strong tailwinds, formed by restricted movement, social distancing and increased consumer awareness of health, have helped escalate the adoption of technology throughout the healthcare ecosystem. Moreover, the government’s support and public-private partnerships have ensured sustainable business for most players in this sector during the lockdown and beyond it.
Number Of Healthtech Startups Launched In India
Funded eHealth Startups In India
Estimated Market Size Of Healthtech In India By 2025
Estimated Market Size Of eHealth In India By 2025
CAGR (Compound Annual Growth Rate) Of eHealth Market During 2020-2025
Funding Secured By eHealth Startups Between 2014 And 2020
Table Of Contents
- Scope Of The Report
- Executive Summary
- Healthcare Market In India: An Overview
- Healthcare Market Size
- Healthtech Market Size
- India’s eHealth Startup Landscape
- eHealth Market Landscape/eHealth Market Size
- eHealth Value Proposition
- India’s eHealth Opportunity
- Funding Trends
- M&A Trends
- Top Investors
- Business Models
- Financial Performance Analysis
- Comparison Of Major Players
- Industry Analysis Of India’s eHealth Sector
- SWOT Analysis
- Growth Drivers For eHealth Market In India
- Issues And Challenges In India’s eHealth Market
- Government Initiatives To Promote The Sector
- Emerging Trends In India’s eHealth Market
- Analyst Recommendations
SummaryIn India, the traditional healthcare journey across pharmacies, doctors (for consultation) and diagnostics centres is fraught with multiple challenges and consumers suffer due to inefficient processes, higher costs and poor quality of services. However, with eHealth coming into the picture, many of the problems associated with the traditional healthcare space have been taken care of through convenient, efficient and low-cost services, supported by modern-day technology.
The much-required push due to the Covid-19 outbreak helped the eHealth sector reach a tipping point. It is now expected to grow exponentially and reach a market size of $10.6 Bn by 2025. The market is expected to be driven by a rise in consumer awareness regarding health, a significant expansion of the digital infrastructure, the growing interest of investors and the government’s support.
New trends and opportunities have also driven the eHealth industry in India. These include the emergence of paratelemedicine solutions, the use of AI-integrated software, wider insurance coverage for remote health services, access to one-stop healthcare solutions and more. The eHealth market is expected to flourish in the next couple of years due to the rise in consumers’ tech awareness, diversified eHealth models, advancements in technology, a growing number of eHealth startups and support from the government.