Health Sector in India To Reach $50 Billion By 2025 – Union minister Jitendra Singh said during the 14th CII Global MedTech Summit that India’s healthcare industry will grow to hit $50 billion in size by 2025. he also said under Prime Minister Narendra Modi, healthcare is more focused on innovation and technology over the past 2 years. About 80% of the healthcare system seeks to increase investment in digital healthcare tools in the next 5 years.
- Health Ministry’s flagship eSanjeevani also has enabled virtual doctor consultations and Telemedicine will reach $5.5 billion by 2025.
- The govt aims to reduce import dependence from 80% to below 3% in the next 10 years.
- It will also ensure self-reliance of 80% through Make in India with SMART milestones.
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