The pandemic has set the stage for investments in the healthtech space to combat future pandemics and existing diseases
5G and tele-medicine consultations will have a significant impact on the future of the Indian healthcare sector
With tech adoption in diagnostics, medical tech and digital health, many disruptive models from healthcare start-ups have emerged in recent times
The global market for virtual or remote healthcare is expected to touch $450 billion by 2030, according to Statista
The Indian healthtech market is expected to grow at a CAGR of 39 per cent to reach $50 billion by 2033, says a report by RBSA Advisors
The healthtech market comprising telemedicine, e-pharmacy, fitness, wellness, healthcare IT, analytics, home healthcare and personal health management is currently worth about $2 billion in India
SMARTWATCHES CHECKING vitals to highlight a potential medical condition. Robots performing medical procedures over 5G networks. Patients consulting doctors over video calls on a mobile phone. A government app helping vaccinate more than 2 billion people during a global pandemic. Twenty-five years ago, such events were in the realm of fiction, at least in India. Today, these are very real, recent happenings.
The adoption of technology has massively transformed the healthcare space in India in the past few decades, with the pandemic further accelerating the