Market insights The rapid penetration of smartphones and the internet, as well as supportive government policies have propelled the growth of the market. The second wave of COVID-19 fuelled the adoption of mobile healthcare as a comprehensive strategic plan for disease management. In the wake of the pandemic, it is...
Read MoreMarket insights The healthcare apps market is dominated by small and medium-sized start-ups that are trying to expand their reach further. Stakeholders in the Indian healthcare ecosystem are focusing on leveraging healthcare apps to make up for the shortcomings of traditional infrastructure. During the pandemic, the use of healthcare apps...
Read MoreHealthcare is one of the biggest industry in India, in terms of revenue and employment generation. Kerala has the best healthcare facilities, followed by Andhra Pradesh and Maharashtra. Market insights: The healthcare market was valued at INR 17.62 Trn in 2020. It is expected to expand at a compound annual...
Read MoreMarket insights :Hospitals are the major stakeholders in Indias healthcare ecosystem. About 70% of the rural population and 80% of the urban residents rely on private hospitals. High disposable income, rise in population, and changes in disease profiles are driving the expansion of the market. Furthermore, the Ayushman Bharat initiative...
Read MoreIn India, there are approximately 562 medical colleges under the National Medical Commission (NMC). Admission to medical institutions is based on the National Eligibility Entrance Test (NEET) ranks. There are ~50.89% government medical colleges and ~49.11% private medical colleges in the country. The private medical colleges are equipped with advanced...
Read MoreMarket insights: The pharmaceutical industry has witnessed rapid growth in the past few decades and is expected to develop further, owing to huge export possibilities. The business caters to 50% of the global demand of various vaccines, 40% of generic medicines demand in the US, and 25% of all medication...
Read MoreMedical technology involves the application of science to develop cure-based solutions. The medical technology market comprises players supplying health devices and instruments, diagnostic equipment and reagents, bionics, implants, disposables, and consumables to the healthcare providers. India is a profitable destination to major global players, owing to increase in income levels,...
Read MoreMarket insights: The traditional non-alcoholic beverages market has been facing a lot of challenges due to a decline in the demand for traditional carbonated soft drinks due to loaded sugar and artificial sweeteners, lack of skilled workforce, and huge capital costs. Consumers changing preferences, coupled with innovations in product packaging...
Read MoreHome healthcare refers to the supportive and cost-effective medical assistance received at home for any kind of illness or injury. Market Insights: In 2019, the market accounted for approximately 4% of Indias overall healthcare industry earnings. It was valued at INR 460.00 Bn in 2020. It is expected to reach...
Read MorePlasma is a major component of the blood that plays an essential role in regulating bodily functions. It constitutes around 55% of the total volume of blood, and comprises more than 700 proteins and other substances. It is a major component used in the treatment of health problems such as...
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