Indian Telemedicine market is estimated to be $7.5 million and is expected to grow at a CAGR of around 20 per cent over the next five years.
It is estimated that 1.5 lakh people are benefited of telemedicine every year.
Major players in the sector are:
* Among the private: The Apollo Telemedicine Enterprise Ltd. (largest telemedicine provider), Narayana Hrudayalaya, Asia Heart foundation, Escorts Heart Institute, Arvind Eye Care etc.
* Among the public: AIIMS Delhi, PGI Chandigarh, SGPGI Lucknow
Increased use of wireless and web-based services & adoption of 3G and HSPA has given a boost to the market in recent years making it a key growth drivers.
Major roadblocks for Telemedicine would be shortage of computer savvy healthcare personnel, high capital requirement (approximately $10,000) and less replicability.
