Healthcare and Lifesciences
Online doctor consultation market to grow 72% to $836 million by March 2024: Study
19 Aug 2021
Convenience and safety during COVID-19 are the major reasons for availing of teleconsultations. However, difficulty in understanding the patient's symptoms is one of the major challenges, says a study by Praxis Global Alliance Covid-19 has led to record growth in online doctor consultations in the past one year in India. India's teleconsultation market size was about $26 million in March last year, but it has grown to $163 million by March 2021 on an annualised run-rate basis.
This is expected to grow by 72% to $836 million by March 2024, said a study on the "Outpatient Healthcare Market in India" by Praxis Global Alliance. The study said one in 35 consultations will happen online by FY24.

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