Outbreak of Covid influenced each of our lives in some way. We all had some good and some not so good experiences. Some experiences turned into habits in these months. Socially disconnected, yet digitally connected people reached out to internet for every small and big thing, most of the purchases were made online.
A different side of the healthcare industry was seen as people started preferring to do all things virtually
In march, as India began to come under the impact of Covid and the number of coronavirus positive cases started growing, the demand for life and health insurance policies saw a surge. As per reports, some companies registered an approximate jump of 35-40 per cent jump in the online sales of health insurance, and nearly 20% in life insurance during this period.
Online Healthcare consultation too recorded a jump of 500 per cent if we take the reports of a leading online platform to be accurate. It also stated that 80 percent of them were first-time telemedicine users. Also, 44 percent of the users were from non-metro cities.
There is a dramatic surge in the number of online users in the Healthcare sector. Activities that were previously considered possible only in-person has broken that criteria and have made possible virtually.
The future of Indian healthcare industry is on a verge of transformation and will be completely tech-driven.
This story is from the September 2020 edition of Investors India.
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This story is from the September 2020 edition of Investors India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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