Uncovering the Bright future of Healthcare Industry in India

Healthcare industry in India is somewhere reaching the sky in terms of growth! According to an analysis report in India Brand Equity Foundation, Healthcare market is expected to grow $280 billion till 2020. This freaking number reveals the heights of expected growth of $100 billion market in India.

If we talk about the components building up the sector, we come across hospitals, nursing homes, diagnostic centers, pharmaceuticals & Healthcare delivery covering approximately 65% of the sector. Rural India which is comprising 70% of the Indian population is almost set to emerge as a possible demand source.

India is becoming tech-freak, people are getting quite familiar with technology oriented platforms like Smart phones. India has transcended US in becoming world’s second largest smartphone market! According to Counterpoint research India’s demand for smartphones inflated drastically in the holiday season of 2015 which made India the largest smartphone market after China!

In the period of growth, we see a clubbing of Smartphones with Healthcare, it indicates the growth of Healthcare apps in India. The IT revolution in India unveiled the new dimensions of Healthcare and introduced a way out to deal with health keeping the convenience quotient intact.

For getting a better idea, in a research survey by Flurry Analytics we have found a rapid growth in the use of Healthcare apps in India, from December 2013 to June 2014 there was a growth of nearly 62%. Whereas the growth percent of other sectors remained 33.

The need to download Healthcare apps can be justified with need of medicine delivery apps, why to take pain when apps are there! Looking forward towards the bright future in healthcare domain as the size of mobile healthcare in India is expected to reach 3000 crores by 2017. Considering the fact that growth is subjected with rapid increase in Healthcare sector many Startups of healthcare apps are initiated.

Below mentioned is the list of some Healthcare startups which are slowly making a way towards revolutionizing Healthcare :

1. HeyCare - HeyCare is a medicine delivery app which comes with a tagline "Health Comes First", providing the basic healthcare services like order medicines online, Pill and Vaccination reminder and aiming to cover all the Healthcare dimensions within a single platform. The app is available on Google play store and soon contrived for IOS too.2. Medgenome - It is the Health app which comes up with the idea of drug discovery research with Pharma companies by decoding the genetic information present in an individual’s genome.3. Portea - Another benchmark in Healthcare industry is Portea which is slowly walking towards the betterment of health and it’s related services.It seems quite beneficial as well as conducive when all our medical worries go away only with downloading Healthcare apps. Convenience is just a tap away!

Veraaj is a wrtier in Heycare, an online pharmacy in India offering a wide range of healtcare services with healthcare app in india.