Double Digit Growth Rate in Indian Healthcare Sector Expected to grow at approx 23% CAGR to USD 20 Billion by 2025: PruVisor Management Consulting
Telemedicine Market is expected to grow at approx. 23% CAGR to USD 20 billion by 2025.
Covid_19 pandemic has accelerated digital innovations in the healthcare sector in India. Telemedicine is becoming more prevalent in consultations and remote patient monitoring. The Telemedicine Market is expected to grow at approx. 23% CAGR to USD 20 billion by 2025. Growth is also driven by increased government spending to 2.5% of GDP by 2025. The Indian healthcare sector is growing briskly, thanks to its strengthening coverage, quality services, and increased expenditure by both public and private players. India’s cost competitiveness has made it an attractive destination for medical tourism. Its large pool of well-trained medical professionals is a major asset to the growing health care industry. FDI inflow for the drugs and pharmaceutical sector stands at $18 billion from April 2000 to December 2020. Our research capabilities at PruVisor enable investors to take advantage of the emerging trends in the Indian healthcare sector.
PruVisor Management Consulting is a research-based Management Consulting Firm providing end-to-end business research and strategic consulting services, and support to our Indian and International Clients. PruVisor Management Consulting is a group of professionals with a rich experience of decades in the field of Business/Market Research & Strategic Consulting across diverse industry verticals. Over the decade, PruVisor’s core team members have collaborated with leading Indian and International clients in solving their most analytical and complex business problems, assisting them in making enhanced business decisions, transforming actions into results and building a strategic business advantage.
Business Management Consulting firms can help foreign companies set up offices or companies based on their ambitions and desired growth in the Indian market. Smaller companies can start a Liaison office to explore prospects in India. For companies wanting to expand aggressively within the Asian markets, incorporating an LLC or Joint venture would make sense. Business Consulting Firms in India like PruVisor can help firms review the latest regulations, perform due diligence in finding the right partners, creating business strategy plan, and deal with operational issues such as labor laws, connectivity, and state-specific regulations
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