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Indian healthtech sector to see 39% CAGR: Report

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Mobility Energy and Transportation

Healthcare and Lifesciences

Indian healthtech sector to see 39% cagr: report

12 Mar 2021

1 min read

Some of the factors driving this growth include customers readily adopting healthtech, and healthcare workers using more technology, and government promoting telemedicine

New Delhi: The covid-19 pandemic has accelerated growth of the Indian healthtech industry, which is expected to touch $5 billion by 2023. The sector is also likely to see a compounded annual growth rate (CAGR) of 39%, according to a report by The Internet and Mobile Association of India (IAMAI) and management consulting firm Praxis, released on Friday.

The full article was originally published on Livemint

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Indian healthtech sector to see 39% CAGR: Report | PraxisGA