20 May 2019
According an ASSOCHAM report, the telemedicine healthcare application market in India has been expanding at a Compound
Annual Growth Rate (CAGR) of more than 20% and is expected to surpass 32
million dollars mark by the year 2020 from its existing level of more than 15
million dollars. Below, take a look at the top 5 reasons that have contributed
to the growth & expansion of telemedicine healthcare software and applications in the country.
1. Lack of Proper Healthcare Services for People in Rural Areas: Almost
70 percent of India’s population resides in the rural areas whereas most of the
doctors, hospitals and their services are restricted only to the cities. This
implies that healthcare services in rural parts of India are either absent or
inadequate. Telemedicine healthcare
applications have helped in bridging this gap and enabled the healthcare
organizations and professionals to offer advanced diagnosis, care and treatment
to patients residing in the rural areas.
2. Increased Government Investment: Another reason why telemedicine healthcare software and
solutions have witnessed massive growth in India is due to increased government
spending in the advancement of telemedicine technologies and infrastructure.
Currently, there are over 500 telemedicine units that are linked with around 50 specialty hospitals across India. A Frost & Sullivan report revealed that
these centers have collectively managed to provide teleconsultation services to
approximately 0·15 million people/patients. This number is likely to witness a
tremendous growth in the years to come.
3. Shortage of Doctors/Physicians in Rural Regions: One of
the major reasons that have contributed to the growth of telemedicine healthcare applications in India is the dearth of
doctors/physicians in rural areas. Today, the rural population residing in remote
areas is taking advantage of telemedicine to acquire quality healthcare
High Volume of Patients: India being one of the highest populated
countries in the world has high volume of patients (both in rural and urban
areas) that suffers from one or the other type of health problem. Given the
above scenario, telemedicine healthcare software solutions Delhi India are bound to grow in the country where more and more
people look forward to acquiring effective treatment, specialized care and best
in class healthcare services at low costs.
5. Increased Availability of Tele
Monitoring Devices: With doctors demanding advanced
Tele-monitoring and testing devices to assess patients' health condition, more
and more service providers are looking to offer the latest health care devices
to medical firms and practitioners in the country.Apart from this, increased
adoption of mHealth and remote monitoring software/programs has also led to the
growth of telemedicine in India.
For innovative telemedicine healthcare
applications and software, consult the experts at MedibrandOx!