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Telemedicine market may touch Rs 200 crore mark by 2020: Assocham

IBEF:  June 06, 2016

New Delhi: India's telemedicine sector, which involves use of telecommunication and Information Technology (IT) in extending healthcare facilities, is expected to double to Rs 210 crore (US$ 32 million) by 2020, from its current market size Rs 100 crore (US$ 15 million), according to data from the Associated Chambers of Commerce and Industry of India (Assocham). Telemedicine has the potential to revolutionise delivery of healthcare in the country as 68 per cent of the population resides in remote, rural areas with limited resources. Improved access to specialists, increased patient satisfaction and clinical outcomes, reduction in emergency room utilisation, cost savings are certain key benefits of telemedicine. Assocham further emphasised that in order to boost the sector's growth, efforts to create an overarching framework from primary to district healthcare centres are required and issues like bandwidth and connectivity are required to be fixed. Introduction of legal frameworks, development of national e-health policies, trained human resource and regular funding can boost the growth of a sustainable telemedicine network in the country.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.