eHealth sector to reach $40 billion GMV by 2030, says RedSeer report

Pandemic worked as a catalyst to trigger growth within this sector, paving the way for a booming eHealth landscape that grew at 51% CAGR in 2021

India’s HealthTech sector is on an exciting journey of disruption and continues to offer immense value propositions at almost every step of the consumer healthcare journey, including fitness and nutrition, diagnosis, treatments and disease management. Specifically, HealthTech’s continuous rise in the spheres of pharma, diagnostics and consultation, together termed as eHealth by consulting firm RedSeer, has been remarkable. All this could potentially accelerate the eHealth sector to reach $9-12 billion gross merchandise value (GMV) by 2025 and $40 billion GMV by 2030, with promising avenues to enhance profitability, according to RedSeer.

“We notice a huge headroom ahead for growth indicated