This growth is being driven by lifestyle diseases, an ageing population, rising income levels, increasing access to insurance and growing health awareness. Over 48% of Indians in rural areas need to make overnight trips for Health & Medical reasons. While, US contributed a lion’s share of the total investments in this space, proportion of digital health investments outside US mainly from emerging markets have been steadily increasing. Amount of digital health investments outside US increased from less than 10% in 2013 to ~25% in 2016. There is a strong momentum in India’s nascent digital health sector in the last 2 years with a good number of digital health companies getting funded at Seed or Series A level.
Source: Economic Times July 04, 2017 18:33 UTC