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The Silicon Review Asia

The ongoing Covid 19 pandemic has significantly boosted the digitization efforts of the healthcare segment

The ongoing Covid 19 pandemic has significantly boosted the digitization efforts of the healthcare segment

For some time now in India, digitization has taken over the healthcare segment. However, 2020 has turned out to be a game-changer due to the ongoing going pandemic that gave rise to the digital disruptions in the field and accelerating growth. To put it in simple terms, it has been quite a busy year for healthcare professionals. The Covid pandemic has not only revealed the chinks that were found in the system but also the required accelerated digitization. This has forced people to make a shift to online platforms almost immediately. A recent report from IBEF has predicted that India's healthcare segment will witness an increase in its CAGR.

Startups in the healthcare segment are also well poised to achieve success, and so far, in 2020, they have managed to raise funding of $119.7mn. In the digital healthcare ecosystem, mobile health and telehealth have turned out to become dominating trends. The pandemic has not only forced people to lockdown; it has also made people choose audio and video consultations. The potential of digitization for the healthcare segment was realized mainly due to the ongoing Covid pandemic. The year 2020 has also pushed boundaries for improvements and made necessary changes to the new normal.


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