Market Overview:
India digital health market size is projected to exhibit a growth rate (CAGR) of 19.80% during 2024-2032. Government initiatives, increased awareness, and collaborations between healthcare providers and technology companies represent some of the key factors driving the market growth.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032 |
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
19.80% |
Digital health involves incorporating digital technologies into healthcare services to enhance their delivery and management. This encompasses a wide array of applications, including telemedicine, mobile health (mHealth) apps, wearable devices, electronic health records (EHRs), remote patient monitoring, and health data analytics. The introduction of digital health has transformed the healthcare sector, empowering patients to actively engage in managing their health while enabling healthcare providers to deliver more personalized and efficient care. Telemedicine, a crucial component of digital health, allows patients to remotely consult with healthcare professionals through video conferencing or virtual platforms. This has proven particularly advantageous in offering medical services to individuals in rural or underserved areas, breaking down geographical barriers to healthcare. Furthermore, the popularity of mHealth apps and wearable devices has grown, facilitating health tracking, medication adherence, and lifestyle management, promoting a proactive approach to health and well-being. The integration of digital health technologies marks a significant evolution in healthcare practices, fostering a more patient-centered and accessible healthcare system.Top of Form
India Digital Health Market Trends:
The digital health market in India is experiencing a profound transformation, leveraging digital technologies to revolutionize healthcare delivery and management. Additionally, the widespread adoption of telemedicine in India has surged, driven by the need for accessible and convenient healthcare, particularly during the ongoing digital transformation. Besides this, mobile health apps and wearable devices have gained popularity, contributing to a more proactive approach to health and wellness. These technologies facilitate health tracking, medication adherence, and lifestyle management, empowering individuals to actively participate in their health management. The increased penetration of smartphones and growing digital literacy further catalyze the adoption of these digital health solutions across diverse demographics. In addition to improving patient engagement, the digital health market in India enables healthcare providers to deliver more personalized and efficient care. Apart from this, as the country continues its digital evolution, digital health emerges as a transformative force, which is expected to fuel the market growth in the coming years.
India Digital Health Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on type and component.
Type Insights:
- Telehealth
- Medical Wearables
- EMR/EHR Systems
- Medical Apps
- Healthcare Analytics
- Others
The report has provided a detailed breakup and analysis of the market based on the type. This includes telehealth, medical wearables, EMR/EHR systems, medical apps, healthcare analytics, and others.
Component Insights:
- Software
- Hardware
- Service
A detailed breakup and analysis of the market based on the component have also been provided in the report. This includes software, hardware, and service.
Regional Insights:
- North India
- West and Central India
- South India
- East and Northeast India
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
India Digital Health Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Types Covered |
Telehealth, Medical Wearables, EMR/EHR Systems, Medical Apps, Healthcare Analytics, Others |
Components Covered |
Software, Hardware, Service |
Regions Covered |
North India, West and Central India, South India, East and Northeast India |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the India digital health market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India digital health market?
- What is the breakup of the India digital health market on the basis of type?
- What is the breakup of the India digital health market on the basis of component?
- What are the various stages in the value chain of the India digital health market?
- What are the key driving factors and challenges in the India digital health?
- What is the structure of the India digital health market and who are the key players?
- What is the degree of competition in the India digital health market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India digital health market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the India digital health market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India digital health industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.