Healthcare and Lifesciences
Rapidly growing health-tech industry bridges gaps in India’s healthcare ecosystem
02 Feb 2022
According to the Internet and Mobile Association
of India-Praxis Global Alliance in 2020, India’s health-tech sector was valued
at $1.9 billion-under 1 percent of the healthcare industry. The nascent sector,
with over 5,000 health-tech startups, is all set to grow at a CAGR of 9 percent
to touch $5 billion by 2023, according to a report by RBSA Advisors. And it is
expected to $50 billion by 2033.
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