healthcare in developing india - challenges & opportunities
TRANSCRIPT
Healthcare in Developing India :Challenges & Opportunities
Few doctors will practice in rural India because their earning power is limited and facilities of good school or medical expertise is poor. -Dr. Altaf Patel, Director of Medicine Jaslok Hospital and Research Centre.
Trends in indian healthcare economyIndian Economy is growing at 5.6 percent despite negative global economic conditions.
Size of the Indian Healthcare Industry is nearly US$ 35 Billion.
It contributes to over 5 percent to GDP of the Country
Indian Healthcare Industry is growing at 17 percent year on year basis fastest in the world.
In India there are over 229 medical colleges, 15000 hospitals, 6,00,000 practicing doctors, 7,37,000 nurses, 50,000 pathology lab and many more.
.Low government
Spending on Healthcare at 1% of
GDP which is just
not enough comparing with the
expenditure in Industry.
Poor basic hygiene and living condition in rural areas where 80% of rural inhabitants lack adequate sanitation.
People of rural areas have lower
literacy level and low awareness on diseases and treatment option.Lack of proper
adequate services from public healthcare provides and shortage of medical specialists
• Healthcare is a low priority when it comes to Income allocation, with avg. consumer allocation is just 7% of their annual income.Healthcare Infrastructure is poor compared to global urban areas. In rural areas, doctor patient ratio is 1:20,000.
Healthcare Challenges : India
.
India, makes up to 16.5% of world population.• India accounts for a third
of Diarrheal Diseases, Tuberculosis and Parasitic Infestations.
• A quarter of Maternal Ailments.
• A fifth of Nutritional Deficiencies.
• Second largest numbers of HIV/AIDS cases in the world.
Cardiac, over 50 million patients
Diabetes, over 63 million patients
Cancer, 1.2 million new cases every year
Stroke, 0.9 million cases every year
Renal, 1,75,000 transplants requiredNon-
Communicable Disease Burden
in India
Initiatives by Government
2020F2017
20122010
2008
0
50
100
150
200
250
300 280
160
7960
45
Healthcare Sector Growth CAGR 17%
Expenditure (USD Bn)
Developing More Suitable Healthcare Infrastructure in Rural areas
Improving Critical Care Facilities
Meeting Global per Capita Infrastructures Standards
Broadcasting Service Level Campaigning in Public Media Channels and reaching More
People
Giving low Cost Services than Private Sectors under reach of Common People
From 2008 to 2020(EXP.) Indian Healthcare sector is growing at a Rapid 17% Increment Expected to Reach USD280 Bn in 2020
Advantage of Indian market
• Healthcare Revenue in India set to
reach US $280 Billions by 2020
and expenditure is like to expand at a CAGR of 17% of the
market year of 2017-2020Strong
Demand of Indian Market
• Investment in Healthcare
Infrastructure both hard
( hospitals ) and soft ( education )
is set to rise, medical tourism is emerging as one of the most lucrative area
Attractive Oppertunity
• To develop India as a global hub for healthcare,
policy support in form of reduced excise ,customs duty and NHRM
program to boost rural healthcare
Policy Support
• Large Pool of well-trained
professionals in the Country. Compared to peers it has a comparative
advantage in the cost of offering
high quality Medical Services
Quality Services
Opportunities and Growth
engines : india
Healthcare Expenditure Increment
India’s population is
Increasing and expected to reach 1.6
Billion in 2026
Disposable Income in India grew 15-21% in normal terms
Literacy level in India grew
10-21% in normal terms
between 2008-09
Penetration of Health
Insurance
expected to
increases to 45% by 2020
The increasing share of private sector in Indian Healthcare
Industry boosting the quality if service
offeredThe rapidly increasing technologic
al use in telemedicin
e market boosting it to reach 0.6
Billion by the end of
2017
Industry attracted $1707.52 millions from foreign in 2000-10
Conclusion : Indian Healthcare SectorIndia lags behind in
key healthcare indicators, there's growing burden of
diseasesIndia is getting huge
Technological Advancement
Shortfall of Physical Infrastructure and trained
man power
Government is Reaching people in
far Rural Area
Literacy Rate is Increasing in Rural Areas
Private Sector Driving the Forces but Government
Sectors also getting Advanced towards Special
Care Unit
.
Reference : Ministry of Health, Govt. of India
Indian Healthcare Federation
Under Guidance of Mrs. Sangita Chakrobarty
Debanjan Ganguly
Gargi Roy
Abhigyan Bhattacharyya
Debika Ghosh
Koushik Halder
Moumita Ray
Shivashis Bhowmick