E-Health Startups Gear Up For Smaller Cities, Towns
Published on 18th Sept, 2020 | 1 min read
E-health startups that saw a spike in business during the covid-led lockdown have their eyes set on smaller cities and towns to attract new customers with offers of value-added services like chronic illness care. The founders of these startups believe the covid-19 pandemic has led to a significant shift in consumer behaviour toward online health services due to their convenience and faster access, prompting a search for the next wave of growth. Online health platform Practo that saw a sharp increase in online consultations claims that teleconsultations on its platform have grown by 10x in the last six months; 80% of all telemedicine customers were first-time users and 50% consultations were for patients from non-metros. For online health platform 1mg Technologies, the focus is on value-added health services like chronic care plans, expanding its diagnostic business to include vaccinations at home and building its healthcare advertising business. Startup founders believe that the government’s efforts to digitize the interaction between consumers and providers like pharmacies, doctors and diagnostic centres have also given an impetus to online health platforms. “This has given a huge structural and regulatory boost to the digital health sector. Digital health is here to stay and India has a long way to go,” 1mg’s Tandon said.