India Telehealth Market Size & Outlook, 2023-2030
India telehealth market, 2018-2030 (US$M)
Related Markets
India telehealth market highlights
- The India telehealth market generated a revenue of USD 4,936.8 million in 2023 and is expected to reach USD 27,196.1 million by 2030.
- The India market is expected to grow at a CAGR of 27.6% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating product in 2023.
- Software is the most lucrative product segment registering the fastest growth during the forecast period.
Telehealth market data book summary
| Market revenue in 2023 | USD 4,936.8 million |
| Market revenue in 2030 | USD 27,196.1 million |
| Growth rate | 27.6% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Koninklijke Philips NV, GE HealthCare Technologies Inc Common Stock, Oracle Corp, Siemens Healthineers AG ADR, Medtronic PLC, Teladoc Health Inc, American Well Corp Ordinary Shares - Class A, Evernorth, Doctor On Demand, Global Med Technologies |
Other key industry trends
- In terms of revenue, India accounted for 4.9% of the global telehealth market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China telehealth market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 17,424.3 million by 2030.
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Telehealth Market Scope
Telehealth Market Companies
| Name | Profile | # Employees | HQ | Website |
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India telehealth market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to telehealth market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 47.19% in 2023. Horizon Databook has segmented the India telehealth market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
India is among the countries that have readily embraced digital technology. Increasing smartphone penetration, improving network coverage, and favorable government initiatives (such as Digital India and Disha) are boosting the adoption of telehealth services in the country.
DISHA's main purpose is to regulate the digital health data under a federal structure. It regulates both NeHA (a national level healthcare authority) and SeHA (a state level authority). Under this act, national-level and state-level executive committees will aid & assist NeHA and SeHA to perform their functions under DISHA.
Some of the most widely used digital healthcare solutions in India are telecare, telehealth, video consultations, mHealth, and wearable devices. The production technologies that are gaining prominence in the country’s healthcare industry are big data and EMR.
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Our clientele includes a mix of telehealth market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India telehealth market , including forecasts for subscribers. This country databook contains high-level insights into India telehealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India telehealth market size, by product, 2018-2030 (US$M)
India Telehealth Market Outlook Share, 2023 & 2030 (US$M)
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