India’s eHealth Market Opportunity Report, 2021
With the Covid-19 outbreak in 2020, several sectors were disrupted and urged to shift towards digitisation to stay operational and competitive in the new environment. Among them, healthcare was one of the most impacted sectors. However, new-age technologies have dramatically transformed the sector and eHealth is growing at a fast clip. India’s healthcare industry had made significant progress in the last few years. But the pandemic has accelerated its growth as never before.
As Covid-induced lockdowns across the country mandated staying at home, people started shifting to online platforms for doctor consultations, diagnostics, and fitness and wellness solutions. Moreover, the government released its telemedicine guidelines in the early phase of lockdowns, thus triggering the growth of telemedicine startups in India. This also attracted the interest of the VC community and the eHealth sector in India took a quantum leap in terms of reach and excellence.
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Key Highlights
5,295
Number Of Healthtech Startups Launched In India
133
Funded eHealth Startups In India
$21.3 Bn
Estimated Market Size Of Healthtech In India By 2025
$10.6 Bn
Estimated Market Size Of eHealth In India By 2025
39.6%
CAGR (Compound Annual Growth Rate) Of eHealth Market During 2020-2025
$1.5 Bn
Funding Secured By eHealth Startups Between 2014 And 2020