The healthcare sector in India is large and growing, valued at over $34 billion in recent years. Key segments driving growth include hospital services, medical tourism, and medical devices. Historically, healthcare in India was based on traditional Ayurvedic methods and voluntary work, but the government now emphasizes primary care and the private sector has grown to meet demand. Factors fueling healthcare growth include India's expanding population and economy, the rise of chronic and infectious diseases, and growth in the pharmaceutical industry. The government is taking initiatives to invest in healthcare and regulate the sector.

1. 1HEALTHCARE SECTOR

2. INTRODUCTIONThe art of Health Care in India can be traced back nearly 3500 yearsEarly days of Indian history the Ayurvedic tradition of medicine has been practicedHealthcare is one of India’s largest sectors, in terms of the revenue and employment2

3. INTRODUCTIONDuring the 1990s, Indian healthcare grew annual rate of 16%.

4. Today the total value of the sector is more than $34 billion or roughly 6% of GDP

5. By 2012, India’s healthcare sector is projected to grow to nearly $40 billion3

6. Key Players in HEALTHCARE4

7. Key Opportunity SegmentsHospital ServicesMedical TourismPathology ServicesMedical Devices ManfgTele MedicineHealth Insurance

8. HistoryBEFORE INDEPENDENCE :HEALTHCARE HAS BEEN BASED ON VOLUNTARY WORKTRADITIONAL METHODS USED FOR MADICATIONMEDICINAL PROPERTIES OF PLANT AND HERBS WAS PASSED FROM ONE GENERATION TO ANOTHERAFTER INDEPENDENCEGOVT OF INDIA LAID DOWN A STRESS ON PRIMARY HEALTH CARE

9. ALTERNATE SOURCES OF FINANCE WERE CRITICAL FOR SUSTAINABILITY 6

10. ENTRY OF PRIVATE SECTOR EARLIER GOVERNMENT ON ITS OWN WOULD NOT BE ABLE TO PROVIDE MORE FACILITIES FOR HEALTH CAREENTRY OF PRIVATE SECTOR TO REDUCE THE GAP BETWEEN THE SUPPLY AND DEMAND7

11. HospitalsHealthcareNursing HomesFitness CentersAmbulatory ServicesPharmaceuticalsClassification

12. Public Hospitals Vs. Private HospitalsPublic Fully funded by government Service orientedDon’t do much promotion Charge low feesLacks good infrastructureProcess of admission is difficult.No proper care of patients People 9

13. Contd…While in Private doctors are highly qualified

14. Profit oriented Huge promotion

15. Infrastructure is well maintained

16. Comparatively easy process

17. Very good care of patients10

18. Growing population and economy One driver of growth in the healthcare sector is India’s booming population

19. currently 1.2 billion and increasing at a 2% annual rate

20. By 2030, India is expected to surpass China as the world’s most populous nation11

21. Expanding middle class India traditionally has been a rural, agrarian economy. Nearly three quartersof the population still lives in rural areas, and as of 2004, anestimated 27.5% of Indians were living below the national poverty line.Some 300 million people in India live on less than a dollar a day, and morethan 50% of all children are malnourished.12

22. Rise of diseaseRise in both infectious and chronic degenerative diseases. While ailments such as poliomyelitis, leprosy, and neonatal tetanus will soon be eliminated,some communicable diseases once thought to be under control such asdengue fever, viral hepatitis, tuberculosis, malaria, and pneumonia, have returned in force or have developed a stubborn resistance to drugs.13

23. PharmaceuticalsThe Indian pharmaceutical market is one of the fastest growing markets in the worldSales increased by 17.5% to $7.3 billion in 2009Many factors, including a strong economy and the country’s growing healthcare needs have contributed to the accelerated growth14