Consumers have multiple pain points with existing hospitals services, which are being effectively addressed by the home healthcare (HHC) sector. Home healthcare sector is likely to reach ~$11-13 Bn spend by FY 25, led by high consumer receptiveness, doctor’s acceptance and insurer sentiment (also validated with global markets). Organized HHC business models brings in significant benefits to all stakeholders, which will drive the organized HHC market to grow at 50%+ CAGR over next 5 yrs. Organized HHC space has a variety of business models, out of which, Critical care vertical models are likely to be sustainable - led by superior quality service, better ability to onboard new users and stronger profitability potential.
Table of Contents
1. The rising need for home healthcare in India
2. Market sentiment towards home healthcare in India
3. The Rapidly-growing Organized Home Healthcare Space
Methodology
1. Primary Research Consumers, stakeholders and industry experts are interviewed to help us validate key trends and market estimations.
While the exact figures may vary for different reports, on average, the publisher conducts:
- ~1,000+ consumer surveys
- ~30+ IDIs (in-depth interviews) with stakeholders (consumers, suppliers, distributors and delivery executives, among others)
- ~25+ detailed discussions with industry experts Depending on the report in question, consumers and stakeholders are distributed across:
- City tiers (Metros, Tier 1, Tier 2, Tier 3 & Tier 4 cities)
- Income levels
- Genders
- Age groups
- Professions
- Internet usage pattern
- Geographies
2. Secondary Research Secondary includes analysis of databases available in public domain. Information sought is cross-referenced and aligned for soundness.
Note: In order to maintain confidentiality, results and analysis of the surveys and expert interviews are presented at level of overall scenario analysis and representation only.
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