Indian Health care industry is depicted healthy growth over past years; market is expected to grow at 16%. Following this growth, the industry size would be worth 280Billion USD by 2020. Majority of this market in India is untapped due to lack of awareness, health insurance coverage, and lower willingness of people to spend on healthcare facilities. But, these limitations are now the major factoring driving change and such high growth rate. With lot many players trying to tap this market using the potential disruptive technologies using product innovation, some players like Tata Health and IBM are focusing on usage of IT to tap this industry. We already have companies like Practo and Netmeds which are focused to delivering a specific logistics to healthcare, whether its information related to doctors nearby or online delivery of medicines. Following the US Model, India is now witnessing more powerful tools rather than just being an aggregator or end to end product supply. These tools include EMR and EHR ¿ Electronic Medical/Health Records, which saves patients past history and helps in tracking his medical records.
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