Market for home healthcare services in India to double in a year: report

New Delhi: The market for home healthcare services in India—a cheaper and more comfortable option for patients—is set to double in a year’s time, health economists say.

 

Though in a nascent stage in India, and largely serviced by unorganized players, start-ups and recent hospital initiatives, the market stood at around $3.20 billion in 2016, and is expected to grow to around $4.46 billion by 2018 and $6.21 billion in 2020, according to Cyber Media Research (CMR) Ltd analysis and industry estimates. CMR is an ISO 9001: 2008 company and an institutional member of the Market Research Society of India.

 

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