Business World Healthcare - April - May 2023

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Dear reader,
The healthtech sector in India is estimated to be at US$ 1.9
billion with a huge potential to grow. According to reports,
post pandemic the healthtech sector is set to grow at a CAGR
of 35 to 45 per cent over the next five to ten years. The industry
is poised to touch US$ 9-12 billion GMV by 2025. The rising
focus on preventive care, and increased penetration of digital
technology across the country has given a boost to the sector.
Experts believe that although the progress of the healthtech
sector is noteworthy, it is producing fewer unicorns than other
sectors. A push from the government, in terms of funding and
helping establish research facilities will help give the sector a
boost. Further, since it is an industry heavily reliant on trust,
it might be worthwhile for healthtech startups to partner with
established healthcare providers to offer better outcomes in
healthcare. This issue carries a special report on what it takes to
be a unicorn in the healthtech space.

Happy reading.

Business World Healthcare Magazine Description:

BW HealthcareWorld Envisions to be the leading industry resource & preferred destination for all players in the healthcare ecosystem, BW Healthcareworld delivers high quality news, articles, stories, features, insights, research, company & professional profiling with a focus on the Indian Healthcare Industry.