Remote Health Delivery Market Growth, Trends, Analysis and Forecast


Technavio Announces the Publication of its Research Report – Remote Health Delivery Market in India 2016-2020

Technavio recognizes the following companies as the key players in the remote health delivery market in India: Apollo Hospitals, Aravind Eye Care, Narayana Health, and Philips Healthcare.

Other Prominent Vendors in the market are: Aerotel Medical Systems, Fortis Healthcare, Manipal Hospitals, Medtronic, and Televital.

Commenting on the report, an analyst from Technavio’s team said: “A trend which is expected to boost market growth is the increase in investments. With advances in technology and the rising internet penetration, many start-ups are entering the remote health delivery market in India and are receiving investments. In 2015, Qualcomm Ventures announced an investment of $150 million in start-ups in India. Attune Technologies, a healthcare start-up based in Chennai, Tamil Nadu, became the first to benefit from this. Attune announced a Series B funding of $10 million from Qualcomm Ventures along with $6 million in its Series A funding from existing investor Norwest Venture Partners. Attune aims to deploy Internet of Things in the Indian healthcare industry. It offers a cloud-based software that connects devices such as lab analyzers and ICU machines to a health network. This gives clinics, hospitals, and diagnostic labs instant access to over 10 million patient records integrated from multiple sources.
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According to the report, a key growth driver is the shortage of physicians and hospital beds. Increasing pollution, hectic work life, improper dietary habits, and other lifestyle issues have led to a rise in the incidence of diseases and the number of admissions in hospitals. However, the healthcare sector in India experiences a shortage of hospital beds. For instance, the waiting time for a...