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IAMAI-Praxis report: Indian HealthTech industry to grow at 39% CAGR

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Healthcare and Lifesciences

IAMAI-Praxis report: Indian HealthTech industry to grow at 39% CAGR

12 Mar 2021

1 min read
‘HealthTech Predictions 2021’ provides forecasts and insights on aspects such as the large headroom for growth in the HealthTech sector, which currently comprises less than 1% of the healthcare market (~US$ 1.9B market in 2020, growing at 39 percent CAGR). It will also explore themes such as the changing customer attitude towards digital healthcare, the impact of Government initiatives like the NDHM and defined guidelines for telemedicine, and the use of AI/ML by HealthTech companies. ‘HealthTech Predictions 2021’ provides forecasts and insights on aspects such as the large headroom for growth in HealthTech sector, which currently comprises less than 1% of the healthcare market (~US$ 1.9B market in 2020, growing at 39 percent CAGR). It will also explore themes such as the changing customer attitude towards digital healthcare, the impact of Government initiatives like the National Digital Health Mission (NDHM) and defined guidelines for telemedicine, and the use of AI/ML by HealthTech companies so that they become more tech-led than tech-enabled amongst others. 

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