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Key drivers include telemedicine and mobile health.
According to Research and Markets, the Indian diabetes care market will be worth US$1.501 billion in 2024 and is expected to reach US$2.156 billion by 2030, with a compound annual growth rate of 6.18%.
“This market represents a significant opportunity for stakeholders,” the report said.
However, companies must navigate multiple challenges, including cost considerations, access to care and regulatory complexities.
Digital health solutions, including telehealth and mobile health, are key drivers for improving patient access, especially in rural areas.
South India accounted for the largest market share in 2024 due to high prevalence of diabetes, with cities such as Chennai and Bengaluru having the highest prevalence of diabetes in the country.
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