The Silicon Review
23 October, 2020
The COVID-19 crisis has shaken the healthcare sector as never before. While the healthcare providers and hospitals are valiantly manning the frontlines to limit the spread, many countries are using this opportunity to their advantage to strengthen their healthcare system with better affordability, accessibility, and agility. The Indian market is also showing a keen interest in digital alternatives for healthcare. A recent study by the Indian Pharmaceutical Alliance and EY has shown that in the post COVID era, people are interested in the adoption of teleconsultation. This market is expected to reach a massive $ 5.5 billion by 2025. Indian government’s efforts are being bolstered to help them outlay a plan for the healthcare segment.
Recently, the government of India had announced a new scheme where almost $9.3 billion will be spent on the people. This new insurance coverage plan will help 100 million families and assist the wellness centers in providing hospitalization coverage and diagnostics services. The government will partially cover the premium for the new insurance coverage. To step up their efficiency in their healthcare systems, various governments are looking at diverse areas. In Singapore, robots are being used for patient care and drones are being used to transport equipment and medicine. In Australia, the focus is now on the electronic patient record.
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