India’s diabetes care market to be valued at $21.56b by 2030
Key drivers include telemedicine and mHealth.
India’s diabetes care market, valued at $15.01b in 2024, is projected to reach $21.56b by 2030 at a compound annual growth rate of 6.18%, said Research and Markets.
“This market represents a significant opportunity for stakeholders,” the report said.
However, companies must navigate several challenges, including cost considerations, accessibility of care, and regulatory complexities.
Digital health solutions, including telemedicine and mHealth, serve as key drivers, improving patient access, particularly in rural areas.
South India held the largest market share in 2024 in terms of value due to a high prevalence of diabetes, with cities like Chennai and Bengaluru reporting some of the highest rates in the country.