Healthcare and Lifesciences
Prepare for the New Normal, says the healthcare industry
25 Jan 2022
Hybrid work, popular across all industries today, allows
employees to choose when they want to work from the office and when they want
to work remotely, depending on the nature of work and their personal situation.
Similarly, the healthcare industry too is preparing to consult and treat
patients in clinics, hospitals, and even remotely depending on the patient's
condition and general conditions.
From being negligible prior to Covid, the organized market
size of telemedicine or teleconsultation (remote medical practice using information
and digital technology) was estimated to be about Rs. 1,200 crore in FY2021 and
is expected to cross 6,000 crore by FY2024, growing at 72% CAGR according to a
recent report by Praxis Global Alliance, a management consulting and advisory
services firm.
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