While health-tech is a high growth sector, there are several issues hindering the scaling-up of the sector. There are challenges of funding though investments in Indian health-tech start-ups are only gradually gaining traction. The health-tech sector in India witnessed an investment of $565.2 million since the beginning of 2017.
This report explores the recent trends and developments and provides a vision plan for the development of the health-tech sector in India in the next 5 (short–term) and 10 years (long-term). It analyzes India’s trade and potential for trade in this sector, examining the strengths, possible spillover effects and identifies issues faced by the sector. The report also makes policy recommendations for mitigating the issues faced by companies and facilitate the development of India as a Health-Tech Hub. The study also discusses brand building and marketing strategy for this sector.
It was published in Asia Health 2019 held on 18 October 2019, New Delhi.