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International Journal of Creative and Open Research in Engineering and Management

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ISSN: 3108-1754 (Online)
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Volume 02, Issue 10

Published on: October 2026

SALES FUNNEL CONVERSION IN B2B HEALTHCARE SAAS SELLING: AN EXPLORATORY STUDY OF INDIA'S TELEMEDICINE SOFTWARE INDUSTRY

Vedant Anilrao Kaminwar

INDEPENDENT RESEARCHER

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Plagiarism Passed Peer Reviewed Open Access

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Abstract

India's telemedicine and healthcare-collaboration software market is estimated at approximately USD 4.1–4.8 billion in 2026 and is projected to grow at a compound annual growth rate of 17–25% over the next several years, driven by government digital-health infrastructure, rising smartphone penetration, and growing acceptance of virtual consultation. Despite this growth, the business-to-business (B2B) sales process by which healthcare

software-as-a-service (SaaS) vendors acquire clinic and hospital customers remains under-studied in the academic literature, which has focused predominantly on patient-side adoption and macro-level market sizing rather than vendor-side selling behaviour. This study addresses that gap through an exploratory, single-case analysis of the inside-sales customer-acquisition process at a healthcare-vertical SaaS provider in India, based on structured

first-hand observation of daily sales activity over a one-month period. Sales activity was logged across six funnel stages — calls attempted, calls connected, prospects showing interest, demonstrations scheduled, quotations sent, and deals closed — and converted into stage-wise conversion ratios. The findings show that conversion ratios improve progressively through the early and mid funnel (20.8%  33.3%  44.4%  50.0%) but fall sharply at the final quotation-to-closure stage (17.5%), identifying this stage, rather than cold-calling or product demonstration, as the primary point of funnel leakage. Objection analysis further shows that prospect resistance is dominated by incumbent free-tool substitution (WhatsApp/Zoom, 34% of objections) and scepticism toward the clinical adequacy of virtual consultation (26%), rather than by price alone. The study proposes four low-cost, operationally implementable interventions — verified lead data, standardised objection-handling scripts, pre-call digital warm-up messaging, and a structured post-quotation follow-up cadence — and situates these within the sales funnel, AIDA, BANT, Technology Acceptance Model (TAM), and Diffusion of Innovation frameworks. As an exploratory, single-respondent case study, the findings are illustrative rather than statistically generalisable, and the paper closes by outlining a research agenda for larger-sample, multi-vertical, and longitudinal replication.

Keywords: sales funnel, B2B SaaS, customer acquisition, healthcare technology, telemedicine, India, sales effectiveness, technology acceptance

How to Cite this Paper

Kaminwar, V. A. (2026). Sales Funnel Conversion in B2B Healthcare SaaS Selling: An Exploratory Study of India's Telemedicine Software Industry. International Journal of Creative and Open Research in Engineering and Management, <i>02</i>(10), 1-9. https://doi.org/10.55041/ijcope.v2i10.023

Kaminwar, Vedant. "Sales Funnel Conversion in B2B Healthcare SaaS Selling: An Exploratory Study of India's Telemedicine Software Industry." International Journal of Creative and Open Research in Engineering and Management, vol. 02, no. 10, 2026, pp. 1-9. doi:https://doi.org/10.55041/ijcope.v2i10.023.

Kaminwar, Vedant. "Sales Funnel Conversion in B2B Healthcare SaaS Selling: An Exploratory Study of India's Telemedicine Software Industry." International Journal of Creative and Open Research in Engineering and Management 02, no. 10 (2026): 1-9. https://doi.org/https://doi.org/10.55041/ijcope.v2i10.023.

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References

Davis, F. D. (1989). Perceived usefulness, perceived ease of use, and user acceptance of information technology. MIS Quarterly, 13(3), 319–340.

Kotler, P., & Keller, K. L. (2016). Marketing Management (15th ed.). Pearson Education. Moore, G. A. (1991). Crossing the Chasm. HarperBusiness.

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  • •Published on: Oct 06 2026
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