Indian eHealth sector will reach $40 billion by 2030

According to a new report published by the GMV, the Indian e-health sector will reach $9 to $12 billion by 2025 and reach $40 billion by 2030.

According to a new report published by the GMV, the Indian e-health sector will reach $9 to $12 billion by 2025 and reach $40 billion by 2030. The eHealth market is a result of internet penetration and offline challenges brought by the pandemic. It is also the product of rapid initiatives undertaken by the government and the rising interest of investors in this segment.  

According to the Net Prompter Score (NPS), this segment has seen a 47% increase since last year. This shows that consumers are more likely to avail health services digitally. Within India’s e-health sector, it was the e-pharmacy segment that dominated. The pharmacy segment has always been strong in the Indian healthcare sector. During the pandemic, it was India that provided the entire world with Covid-19 vaccinations. Medicine delivery at one’s doorstep was a boon during the COVID-19 induced lockdown.

By adding technology, India’s healthcare is solving many of its problems like accessibility, availability and affordability. The growing upward trend suggests that the eHealth sector is here to stay. India is the home to as many as 5295 healthcare startups of which 133 funded eHealth startups, as per 2021 data. These had raised around $1.5 billion between the years 2014 and 2020.

Tags : #ehealth #epharmacy #Indianhealthcare #healthcaredata #healthcarerise #research #smitakumar #medicircle

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