🔓 Unlocking The Future Of Indian Healthcare - Top HealthTech Startups 🔓 ℹ When the global pandemic stretched India’s public healthcare system too thin, healthtech startups rose to the challenge and bridged a critical gap by bringing affordability, accessibility, and innovation into the fold. Prior to this, India’s primary care was riddled with challenges like – lack of preventive care, lack of healthcare infrastructure (specially in rural areas), and an acute shortage of doctors and nurses. But with startups revolutionising the healthcare sector that scenario is now changing for good. ℹ The number of Department for Promotion of Industry and Internal Trade -recognised healthtech startups in India grew at a CAGR of 127% between 2016 and 2023, with over 10,000 startups as of 2023. Interestingly, 47% of these startups are from tier 2 and tier 3 cities, showcasing a widespread geographical presence. According to a report from Boston Consulting Group (BCG), India’s healthcare market could generate $37 billion in revenue by 2030. ❓So What’s Causing The Rise of HealthTech Startups in India❓ ▶ Growing Popularity Of Telemedicine ▶ Investment & Support ▶ Patient Centric Care ✨ Here's a list of the 10 most notable startups in the healthcare space - Tata 1mg, HealthifyMe App, Onsurity, MediBuddy, HealthKart, Pristyn Care, Practo, Netmeds.com, Innovaccer, & Docplexus ✨ 🔽 Check out the article below (posted by Onsurity) to learn more about the above listed startups and dive deeper into the sector's drivers! https://lnkd.in/engTHDDF #FlyHigh with #VentureVultures #IndiaPE #IndiaVC #Healthcare #HealthTech #PE #VC
