India is poised for a healthtech boom

Significance

The growth of healthtech is led by the private sector and facilitated by the government, which sees the technology as a means to expand health access to all.

Impacts

• Since the health system involves a high level of private out-of-pocket expenditure, poorer households will struggle to access healthtech.
• Established conglomerates will prefer to buy out successful start-ups than launch their own services.
• Digital healthtech services will see rising appeal outside metropolitan areas where government health facilities are inadequate.