HEALTH NEWS
Doctor consultations exceed 4 billion in India in FY21
Growth in online consultation peaked after the lockdown induced by the pandemic in India and the online doctor consultation market is expected to reach 6100 Crores by FY24.
The Indian healthcare sector has seen many changes during the Covid-19 outbreak, one such being in the area of online consultations. Growth in online consultation reached a market size of 1200 Crores in March 2021.
According to a recent report by Praxis Global Alliance, a management consulting and advisory services firm, the online doctor consultation market is expected to be over 6000 Crores by FY2024 growing at 72 percent.
The report said the outpatient doctor consultation spend is valued at 7 Lakh Cores with general physicians having the highest share as more than 60 per cent of the consultations happen with general physicians.
Convenience and safety during Covid-19 have emerged as the major reason behind the use of online consultations.