November 17, 2020

The annual growth of this scale will be driven

"One of the key success drivers for players in e-health space is the ability to take care of the wider outpatient healthcare needs rather than catering to one specific need. This is where convenience and timeliness, along with quality & genuineness provided by e-health platforms, become the key drivers for consumers to use and stick to these platforms, instead of discounts," said Ananth Narayanan, co-founder & CEO, Medlife.." said Anil Kumar, founder and CEO, RedSeer,The study also finds that vertical focused e-health platforms will dominate the landscape given the specialised nature of the domain, need for skilled personnel and required adherence to regulatory standards.Currently, 60 million online shopping households are willing to try health services provided through the use of information and communication technology, e-health.2 billion e-e-health sector will grow at a 68 per cent CAGR to become a $16 billion opportunity by FY 25, finds RedSeer Consul-ting. Medlife, 1mg, Pharmeasy, NetMeds, Practo, DocsApp, Medplus and Healthians are some of the leading e-health players in India.3 million are already using e-health. By FY25, at least 41-68 million online shopping households will use e-health, thus, supporting the growth to $16 billion, the Bengaluru-based consultant beleives.3 million is just 7 per cent," said RedSeer. Out of the 580 million people who have internet access, India has 135 million online shoppers, who translate into 90 million online shopping households. The annual growth of this scale will be driven by increasing consumer receptiveness towards e-health models and rising provider/supplier willingness to partner with e-health platforms, further supported by an increased influx of investments and pro-e-health regulations. Of the ready addressable market, 4.Consumers significantly value the benefits of e-health over the traditional outpatient care system across pharmacy, consultation, and diagnostics categories.Chennai: The e-health segment is at a tipping point from where it is poised to Aluminum multi ladder suppliers grow multi-fold to touch a value of $16 billion, finds a report."E-health is very different from the classic e-commerce sectors, say fashion - fashion-related purchase is generally impulsive, due to which the role of discounts as a key trigger for purchase becomes interesting.The $1. We strongly believe that integrated e-health players have the highest chance of sustaining and succeeding in the e-health space over the next few years. Out of this 60 million, 4. However, the case is very different in case of health - in case youre a chronic diabetic patient, you need to have a regular access to medicines, irrespective of any trigger."As per our detailed consumer surveys, 65 per cent of such households are willing to try e-health services, thus providing the 60 million base of e-health ready addressable households.

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