Owing to lower doctor-to-patient ratios, poor healthcare infrastructure, spiralling costs and long-distance travel for patients, especially in the context of rural India, availing timely healthcare is a challenge today. But fret not. Having a hospital at your doorstep is now a reality, thanks to technology.
The home healthcare market is still in its nascent stages in India but can grow to more than $6.2bn by 2021 (1). Currently, the industry is serviced by a multitude of healthcare start-ups, healthcare aggregators, diagnostic centres, radiology centres and even some of the major hospitals. Advancements in information technology and medical electronics are bringing high quality healthcare at the door step and at affordable price.
According to CB Insights (2), the new healthcare clinic will be in the comfort of your home largely propagated by healthcare start-ups offering innovative state-of-the-art care kits. The report states that companies are launching kits for everything ranging from sequencing the microbiome and DNA testing for healthcare risks on one end of the spectrum, to low cost standard diagnostics on the other end.
