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Indian home healthcare expected to become $19.9 bn market by 2025: report

COVID-19 has introduced a large number of Indians to the possibility of new avenues of care delivery, with advanced, specialised healthcare customised to their specific needs and available on demand, outside institutions.

March 30, 2022 / 04:03 PM IST

The Indian home healthcare sector, which has grown to a $5.4 billion market, needs to have strong accreditation and standardisation processes to ensure the quality of services, a report from India on the fledgling segment has stressed.

Home healthcare largely refers to the treatment of diseases or palliative or even critical care within the comfort of the patients’ homes and sometimes assistance with daily living for senior citizens or people with several chronic ailments.

The report, prepared by Nathealth, a network of private players in India’s healthcare ecosystem, with inputs from Niti Aayog and the health ministry, says that the segment is growing at a 19 percent CAGR.

Titled Indian Home Healthcare: Redefining the Modern Care Continuum, the report says the segment is expected to grow at a $19.9 billion market by 2025, and the market has the potential to grow an additional $5 billion with the ‘right impetus’.