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Telemedicine: Steady Growth Ahead

Businessworld

March 12, 2022

THE INDIAN TELEMEDICINE market recorded a healthy growth of US$ 1314.83 million in FY2021.

- Vikram Thaploo

The telehealth market which encompasses telemedicine, online pharmacies, tele-ICU, mobile health, home diagnostic services, etc. has been growing at a CAGR of 39.6 per cent. As per an EY-IPA study, the telemedicine market in India will reach US$ 5.5 billion by 2025. Telemedicine has been around for decades but it has taken the foreground in health services recently. With increasing focus on digitisation of health services and reducing additional pressure on the existing healthcare system, telemedicine has been a major enabler in the digital health transformation of India. Additionally, the growing occurrence of chronic and infectious diseases in the country with a severe shortage of healthcare professionals and physicians are further expected to support the growth of telemedicine in India.

Growing Acceptance

Cette histoire est tirée de l'édition March 12, 2022 de Businessworld.

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