Balancing the clinical, financial, and operational value of digital offerings in healthcare is the need of the hour
Who knew that the integration of IT with healthcare will emerge as pivotal pillar in the delivery of healthcare in India. While the pandemic created so many challenges, it has necessitated the healthcare industry to adopt and innovate for disease management and bridge the gap between technology and traditional way of delivering healthcare for enhancing the patient safety and care.
As we reflect on what comes next, it is an opportune moment to pursue real transformation for better connected and integrated data and information systems.
Talking about the market size and scalability, Vinay K Mayer, Director – Market Research & Consulting, Asia Research Partners LLP explains, “The healthcare industry’s IT market is set to grow exponentially over the next few years, due to the increasing digitisation of healthcare. Post-COVID, e-health has become the new norm, and is expected to grow at a substantial rate! The size of the Indian e-health market is expected to reach a whopping US$ 11.2 billion by 2025. The market for healthcare digitalisation is growing rapidly due to the rising demand for preventive care solutions, the emergence of various entrepreneurship ventures, and growing partnerships & funding.”
“With the Indian Government prioritising healthcare, the market for medical technologies and IT in medicine is on the rise. In general, it is expected that the volumes of global markets and the demand for IT solutions in diagnostics, radiology, medtech, or health insurance will grow by more than 10X”, he added.
