Indian Healthcare Medical Devices IndustryAklanta Kalita
The Indian healthcare industry is growing due to factors such as a rising middle class and increasing income and life expectancy. However, there is a mismatch between healthcare demand and supply, with most services concentrated in urban areas while most of the population lives in rural areas. This document outlines several opportunities in the Indian healthcare industry, including expanding infrastructure through public-private partnerships, increasing access through telemedicine, promoting medical tourism due to lower costs, expanding health insurance coverage, and growing the medical devices market through both imports and local production.
TechEmerge Webinar, Understanding the Basics: HealthTech in Indiahealth2dev
This document provides an overview of the healthcare industry in India through presentations from various experts. It discusses that while insurance penetration and health statistics are currently low in India, there are significant opportunities for innovation to address problems. The healthcare industry is large and growing, with increasing private sector investment and expansion into rural areas. Major trends include a shift to non-communicable diseases, emerging telemedicine, and growing private equity interest. The document breaks down spending on various healthcare segments and technologies such as hospitals, diagnostics, medical devices, and healthcare IT. It also outlines challenges foreign companies face in understanding and entering the Indian market successfully.
The document summarizes the Indian healthcare landscape. It notes that India has a large population but low spending on healthcare per capita compared to other countries. Healthcare is provided through both public and private sectors. The burden of disease is shifting from communicable to non-communicable diseases. Government initiatives aim to increase access through programs and infrastructure growth, but challenges remain around access, costs and quality across the public and private sectors. The healthcare industry is seen as a major growth opportunity in India.
The document discusses public-private partnerships (PPPs) in healthcare in India. It defines a PPP in healthcare as a legal arrangement between the government and private sector aimed at health promotion. The key principles of a PPP include complexity, coordination, financing through the private entity, legal agreements, and mutual benefit. PPPs allow organizations to achieve goals using less investment, expand private sector markets, supplement public funding with private capital, and capitalize on both partners' expertise. However, PPPs also face challenges like complexity, debt accumulation, lack of competition, and cultural differences between sectors. Overall, PPPs are presented as a model that can draw on the strengths of both the public and private sectors for more effective
Project Synopsis -A STUDY ON AWARENESS OF HEALTH INSURANCE PRODUCTS AND
CLAIM SETTLEMENT PROCESS WITH REFERENCE TO THE
UNITED INDIA INSURANCE COMPANY LIMITED
Information and Communication Technology for health and mankind, INDIAN HEALTHCARE PARADIGM, ROLE OF ICT IN HEALTHCARE, HEALTHCARE INFORMATION & COMMUNICATION TECHNOLOGY (HICT), INDIAN HEALTHCARE SYSTEM, TECHNOLOGIES IN HEALTHCARE, EMR- Electronic Medical Record, EHR- Electronic Health Record, TELEMEDICINE, DIGITAL MEDICAL LIBRARY, HOSPITAL INFORMATION MANAGEMENT SYSTEM (HIMS), ARTIFICIAL INTELLIGENCE IN HEALTHCARE, PENETRATION OF HIMS IN INDIA, TELEMEDICINE: A NEW HORIZON IN PUBLIC HEALTH, MOBILE HEALTH (M-HEALTH), LATEST TECHNOLOGIES IN HEALTHCARE SECTOR, SIGNIFICANCE OF BIG DATA IN HEALTHCARE, WEARABLE SENSORS FOR REMOTE HEALTH MONITORING, DIGITAL HEALTHCARE IN INDIA, DIGITAL HEALTH, DIGITAL HEALTH INITIATIVES BY GOVERNMENT OF INDIA, MOBILE BASED PROGRAMS (BY GOVERNMENT OF INDIA)
This document discusses new health insurance policies and programs in Indonesia. It provides background on the challenges consumers face in choosing plans and the role of both private insurers and the government. The government's National Health Insurance (JKN) program, run through the National Social Security Agency (BPJS), aims to provide universal healthcare coverage. BPJS oversees health and other social insurance programs. The JKN provides coverage for primary, referral, and hospital care for all Indonesian citizens and long-term residents. Certain cosmetic or experimental procedures are excluded from coverage.
Indian Healthcare Medical Devices IndustryAklanta Kalita
The Indian healthcare industry is growing due to factors such as a rising middle class and increasing income and life expectancy. However, there is a mismatch between healthcare demand and supply, with most services concentrated in urban areas while most of the population lives in rural areas. This document outlines several opportunities in the Indian healthcare industry, including expanding infrastructure through public-private partnerships, increasing access through telemedicine, promoting medical tourism due to lower costs, expanding health insurance coverage, and growing the medical devices market through both imports and local production.
TechEmerge Webinar, Understanding the Basics: HealthTech in Indiahealth2dev
This document provides an overview of the healthcare industry in India through presentations from various experts. It discusses that while insurance penetration and health statistics are currently low in India, there are significant opportunities for innovation to address problems. The healthcare industry is large and growing, with increasing private sector investment and expansion into rural areas. Major trends include a shift to non-communicable diseases, emerging telemedicine, and growing private equity interest. The document breaks down spending on various healthcare segments and technologies such as hospitals, diagnostics, medical devices, and healthcare IT. It also outlines challenges foreign companies face in understanding and entering the Indian market successfully.
The document summarizes the Indian healthcare landscape. It notes that India has a large population but low spending on healthcare per capita compared to other countries. Healthcare is provided through both public and private sectors. The burden of disease is shifting from communicable to non-communicable diseases. Government initiatives aim to increase access through programs and infrastructure growth, but challenges remain around access, costs and quality across the public and private sectors. The healthcare industry is seen as a major growth opportunity in India.
The document discusses public-private partnerships (PPPs) in healthcare in India. It defines a PPP in healthcare as a legal arrangement between the government and private sector aimed at health promotion. The key principles of a PPP include complexity, coordination, financing through the private entity, legal agreements, and mutual benefit. PPPs allow organizations to achieve goals using less investment, expand private sector markets, supplement public funding with private capital, and capitalize on both partners' expertise. However, PPPs also face challenges like complexity, debt accumulation, lack of competition, and cultural differences between sectors. Overall, PPPs are presented as a model that can draw on the strengths of both the public and private sectors for more effective
Project Synopsis -A STUDY ON AWARENESS OF HEALTH INSURANCE PRODUCTS AND
CLAIM SETTLEMENT PROCESS WITH REFERENCE TO THE
UNITED INDIA INSURANCE COMPANY LIMITED
Information and Communication Technology for health and mankind, INDIAN HEALTHCARE PARADIGM, ROLE OF ICT IN HEALTHCARE, HEALTHCARE INFORMATION & COMMUNICATION TECHNOLOGY (HICT), INDIAN HEALTHCARE SYSTEM, TECHNOLOGIES IN HEALTHCARE, EMR- Electronic Medical Record, EHR- Electronic Health Record, TELEMEDICINE, DIGITAL MEDICAL LIBRARY, HOSPITAL INFORMATION MANAGEMENT SYSTEM (HIMS), ARTIFICIAL INTELLIGENCE IN HEALTHCARE, PENETRATION OF HIMS IN INDIA, TELEMEDICINE: A NEW HORIZON IN PUBLIC HEALTH, MOBILE HEALTH (M-HEALTH), LATEST TECHNOLOGIES IN HEALTHCARE SECTOR, SIGNIFICANCE OF BIG DATA IN HEALTHCARE, WEARABLE SENSORS FOR REMOTE HEALTH MONITORING, DIGITAL HEALTHCARE IN INDIA, DIGITAL HEALTH, DIGITAL HEALTH INITIATIVES BY GOVERNMENT OF INDIA, MOBILE BASED PROGRAMS (BY GOVERNMENT OF INDIA)
This document discusses new health insurance policies and programs in Indonesia. It provides background on the challenges consumers face in choosing plans and the role of both private insurers and the government. The government's National Health Insurance (JKN) program, run through the National Social Security Agency (BPJS), aims to provide universal healthcare coverage. BPJS oversees health and other social insurance programs. The JKN provides coverage for primary, referral, and hospital care for all Indonesian citizens and long-term residents. Certain cosmetic or experimental procedures are excluded from coverage.
The document provides an overview of the Indian healthcare system, including key trends, growth drivers, and challenges. It notes that the size of the Indian healthcare industry is $35 billion and growing at 17% annually, faster than any other country. The industry employs over 4% of the population and includes 229 medical colleges, 600,000 doctors, and over 800,000 hospital beds. However, healthcare infrastructure and access remains inadequate, with 80% of healthcare spending being out-of-pocket. The government is taking steps to improve access through initiatives like the National Rural Health Mission and increasing healthcare spending.
The healthcare sector in India is expected to grow substantially over the next decade due to rising incomes, growing health awareness, and increasing access to insurance. The total industry size is projected to reach $280 billion by 2020, up from $68.4 billion in 2011. Private sector participation is also increasing and will account for over 80% of healthcare delivery by 2015. Government initiatives to boost rural healthcare and increase insurance coverage will further support industry growth. Emerging opportunities include medical tourism, telemedicine, and increased investment in hospitals and infrastructure. The availability of low-cost, high-quality healthcare gives India a competitive advantage over other countries.
This is an assignment for ITTP Special Topic in IT Engineering. Within this presentation, I try to propose e-health as term project.
E-health is important for Indonesia.
The healthcare sector in India was valued at US$79 billion in 2012 and is expected to reach US$160 billion by 2017, growing at 15% annually. It accounts for 71% of total healthcare revenues and is one of India's largest employment sectors. Key drivers of growth include a growing middle class with rising incomes, increased lifestyle diseases, greater health awareness and insurance penetration. However, challenges remain around increasing access to insurance, controlling costs, and addressing shortages of qualified medical professionals concentrated in urban areas. The government is taking steps to encourage private sector investment and increase rural healthcare infrastructure to help overcome these challenges and further develop this important and growing sector.
Vibrant Gujarat Summit Profile on Healthcare Sector investmentVibrant Gujarat
The document provides an overview of the healthcare industry in India and Gujarat state. Some key points:
- The Indian healthcare sector is expected to reach $267 billion by 2020, growing at over 20% annually, driven by factors like increasing population, income and government initiatives.
- Gujarat has a strong healthcare infrastructure including many hospitals, medical colleges and initiatives like 108 ambulance services. The state aims to further expand capacity and quality of care.
- National health programs in Gujarat like the Revised National TB Control Programme and National Leprosy Eradication Programme have achieved high performance ratings. The state is working to strengthen programs to control blindness and other diseases.
This document summarizes an organization that provides business consulting services and has a presence in India, Dubai and 20 other countries. It has a team of over 35 employees and 15 freelancers with experience across industries like healthcare, energy and retail. The document then discusses the Indian healthcare sector and issues like low spending, shortage of facilities and professionals. It provides examples of public-private partnership models in healthcare and case studies of successful PPP projects in Indian states like Andhra Pradesh, Karnataka and Uttarakhand that improved access to services. Challenges in PPPs and recommendations for the road ahead are also highlighted.
India faces several issues in its health sector including a shortage of doctors, inequities between urban and rural access to healthcare, and poor facilities even in large government hospitals. While private providers and hospitals have become major sources of healthcare, rising costs and commercialization have created new problems. However, India also has strengths like lower healthcare costs compared to other nations, world-class facilities, and a variety of medical traditions that it can leverage to grow its healthcare industry and better serve its population.
The document discusses health expenditure and financing in India. It notes that over 80% of health expenditure is private, with nearly 97% coming from out-of-pocket payments. Public expenditure on health is below 1% of GDP. It highlights challenges around human resources, rural-urban disparities, and gaps between health policy and implementation. Economics can help address issues of scarce resources and alternative uses to improve allocative efficiency in the health sector.
This document discusses public-private partnerships (PPPs) in healthcare in India. It notes that while India has made progress in health indicators, it still lags developed countries and needs to improve healthcare spending and access. PPPs are presented as a way to leverage the strengths of both public and private sectors by utilizing existing infrastructure and mobilizing additional resources. Several models of PPPs are described, including social franchising, branded clinics, contracting, voucher systems, and partnerships with various organizations. Key criteria for initiating different models of PPPs are outlined. The document emphasizes the need for PPPs to improve reproductive and child health in India through increased access, quality, efficiency and community ownership of health services.
The document provides an overview of the Indian healthcare sector as of June 2017. Some key points:
- The Indian healthcare sector is expected to grow at a CAGR of 26.31% until 2020 to reach $280 billion.
- Private sector accounts for around 74% of total healthcare spending in India.
- Per capita healthcare expenditure has risen at a CAGR of 5% from 2010-2015 reaching $68.6 in 2015.
- Major players like Apollo Hospitals and Aravind Eye Hospitals have a pan-India presence operating numerous facilities across the country.
This document provides a brief overview of India's healthcare system and macro environment. It discusses key topics such as:
- The burden of disease in India, including communicable diseases and non-communicable diseases. NCDs are projected to account for over half of India's disease burden by 2025.
- Healthcare market size, which has grown significantly but remains fragmented. Private sector delivery dominates the market.
- Health infrastructure challenges, such as shortages of hospital beds, doctors, and other medical professionals compared to international benchmarks.
- Specialist shortages, with estimates that only 700 gastroenterology surgeons serve India's population of over 1 billion people.
In summary, the document outlines
The healthcare market in India is large and growing rapidly. It includes hospitals, medical devices, insurance, and other services. The market is expected to reach $280 billion by 2020, growing at a rate of 22.9% annually. India has a large pool of trained medical professionals and lower costs compared to other countries. The government is taking initiatives to improve access and quality of healthcare through programs focused on rural health, insurance coverage, and using technology. The private sector accounts for 74% of healthcare spending and is an important part of meeting India's growing healthcare needs.
HealthCursor Consulting Group India- Distribution and Marketing- Mobile network operators in Africa have identified the growing demand for financial services and micro insurance . Airtel Africa has partnered with MicroEnsure for Mobile Micro Insurance. The range of Airtel-branded insurance products includes life, accident, health, agriculture, and other forms of cover.
Connecting intermediaries, customers and surveyors- ICICI Lombard India's mobile initiative started simply enough, with a set of basic applications that gave customers a consolidated view of all their policies, a reminder service to renew a policy, and a way to track the status of a claim. But as they matured with the mobile platform, they re-visited the paradigm and devised new ways to provide customers with more value-added and user-friendly features. This is however restricted to Auto insurance only.
Encryption, Transactions and handling customer grievance- Public sector general insurance company United India Insurance launched a mobile-based real-time fund transfer facility for payment of premium. M-Power enables customers to renew their policies and also remit the premium for approved proposals. To use this facility, one has to get an MMID (an identification number called - mobile money identifier) from his/her bank and enable one’s mobile with the application given by the bank. However, there are only 10 banks on board with this platform. This initiative follows the launch of its Internet-based sales, customer grievance portal and information-cum-sales kiosks.
Sales, awareness and providing access- Bima, a young Swedish microinsurance company, is using mobile phones to sell as many as three billion new insurance policies to the global poor. Bima, that has begun to access this untapped market, is now one of the largest mobile insurance platforms in the world. In just three years, Bima has acquired 4 million clients in Africa and Asia and is adding 400,000 new subscribers per month. Bima has been tackling many of the obstacles—education, pricing, premium collection—that prevent poor people from obtaining such benefits. For instance, Bima products such as life, accident and health insurance cost "as little as $0.20 to $6.00 a month. Last month, Leapfrog invested $4.25 million in Bima, which will allow the company to expand even further within Africa and Asia as well as reach into new markets in Latin America.
This is a report about Indian Health care industry and How different sectors like Hospitals, Pharmacy and Diagnostics industry are growing. What are the new government policies that are implemented for Health care sector in India.
Indonesia Healthcare Landscape - An Overview, July 2014Praneet Mehrotra
A brief description of Indonesia's healthcare landscape and the challenges it faces. The country has no choice, but to attract greater investments (also importantly, foreign investments) in capacity creation.
This document provides an overview of the usage of information and communication technology (ICT) in healthcare in emerging markets. It identifies key challenges facing the healthcare sector such as access to care, cost of care, quality of care, and changing disease burdens. Specific challenges are outlined for public healthcare systems, private healthcare providers, and payers. The document then categorizes common ICT solutions implemented in healthcare into three themes: infrastructure technologies, data and analytics technologies, and telehealth and remote patient monitoring technologies. Case studies and usage examples are provided for each category of technologies.
This document is a project report on a study about awareness and willingness to pay for health insurance in Durgapur, West Bengal. It includes an abstract, introduction, literature review, objectives, hypotheses, methodology, and results from surveys of 200 individuals. Chi-square tests and factor analysis were used to analyze the data. Key findings included low levels of health insurance awareness and willingness to pay, and factors like gender, age, education and income affecting willingness. The conclusion discusses determinants of awareness and recommends how to increase health insurance uptake.
Future Trends in Healthcare Industry in India by Dr.Mahboob Khan PhdHealthcare consultant
According to recent studies conducted, the customer's (patient) aspirations are fast changing. Customers are growing more aware of their health needs, demand quick response, less waiting times, and above all - demand nearness of the healthcare unit to them.
Customers though now demand better quality care; they however now do not want to travel much as in earlier days.
And if you notice, the billing and pricing though important, is not a very high priority now as insurance reach is getting stronger (to the tune of 40 per cent among patients visiting a urban hospital).
If this is the window to the future of healthcare, then it leaves immense opportunity for existing hospitals across the country to revamp and re-organise in order to woo back their immediate local drainage population as the competition would heat up soon. The patients would have a lot to choose from, now being insured.
As per various studies including a report by IDFC, and Mc Kinsey, Indian Healthcare industry will be worth $125 billion in the next five years.
The document summarizes opportunities for India in exporting health services. It notes that India has a large skilled English-speaking workforce at a lower cost compared to Western countries. Various health services that can be outsourced to India include medical transcription, claims processing, teleradiology and clinical trials. India also has the potential to become a major medical tourism destination due to world-class healthcare and facilities at a lower cost. Quality control accreditation is important to ensure high standards for patients seeking healthcare in India.
The document provides an overview of the Indian healthcare system, including key trends, growth drivers, and challenges. It notes that the size of the Indian healthcare industry is $35 billion and growing at 17% annually, faster than any other country. The industry employs over 4% of the population and includes 229 medical colleges, 600,000 doctors, and over 800,000 hospital beds. However, healthcare infrastructure and access remains inadequate, with 80% of healthcare spending being out-of-pocket. The government is taking steps to improve access through initiatives like the National Rural Health Mission and increasing healthcare spending.
The healthcare sector in India is expected to grow substantially over the next decade due to rising incomes, growing health awareness, and increasing access to insurance. The total industry size is projected to reach $280 billion by 2020, up from $68.4 billion in 2011. Private sector participation is also increasing and will account for over 80% of healthcare delivery by 2015. Government initiatives to boost rural healthcare and increase insurance coverage will further support industry growth. Emerging opportunities include medical tourism, telemedicine, and increased investment in hospitals and infrastructure. The availability of low-cost, high-quality healthcare gives India a competitive advantage over other countries.
This is an assignment for ITTP Special Topic in IT Engineering. Within this presentation, I try to propose e-health as term project.
E-health is important for Indonesia.
The healthcare sector in India was valued at US$79 billion in 2012 and is expected to reach US$160 billion by 2017, growing at 15% annually. It accounts for 71% of total healthcare revenues and is one of India's largest employment sectors. Key drivers of growth include a growing middle class with rising incomes, increased lifestyle diseases, greater health awareness and insurance penetration. However, challenges remain around increasing access to insurance, controlling costs, and addressing shortages of qualified medical professionals concentrated in urban areas. The government is taking steps to encourage private sector investment and increase rural healthcare infrastructure to help overcome these challenges and further develop this important and growing sector.
Vibrant Gujarat Summit Profile on Healthcare Sector investmentVibrant Gujarat
The document provides an overview of the healthcare industry in India and Gujarat state. Some key points:
- The Indian healthcare sector is expected to reach $267 billion by 2020, growing at over 20% annually, driven by factors like increasing population, income and government initiatives.
- Gujarat has a strong healthcare infrastructure including many hospitals, medical colleges and initiatives like 108 ambulance services. The state aims to further expand capacity and quality of care.
- National health programs in Gujarat like the Revised National TB Control Programme and National Leprosy Eradication Programme have achieved high performance ratings. The state is working to strengthen programs to control blindness and other diseases.
This document summarizes an organization that provides business consulting services and has a presence in India, Dubai and 20 other countries. It has a team of over 35 employees and 15 freelancers with experience across industries like healthcare, energy and retail. The document then discusses the Indian healthcare sector and issues like low spending, shortage of facilities and professionals. It provides examples of public-private partnership models in healthcare and case studies of successful PPP projects in Indian states like Andhra Pradesh, Karnataka and Uttarakhand that improved access to services. Challenges in PPPs and recommendations for the road ahead are also highlighted.
India faces several issues in its health sector including a shortage of doctors, inequities between urban and rural access to healthcare, and poor facilities even in large government hospitals. While private providers and hospitals have become major sources of healthcare, rising costs and commercialization have created new problems. However, India also has strengths like lower healthcare costs compared to other nations, world-class facilities, and a variety of medical traditions that it can leverage to grow its healthcare industry and better serve its population.
The document discusses health expenditure and financing in India. It notes that over 80% of health expenditure is private, with nearly 97% coming from out-of-pocket payments. Public expenditure on health is below 1% of GDP. It highlights challenges around human resources, rural-urban disparities, and gaps between health policy and implementation. Economics can help address issues of scarce resources and alternative uses to improve allocative efficiency in the health sector.
This document discusses public-private partnerships (PPPs) in healthcare in India. It notes that while India has made progress in health indicators, it still lags developed countries and needs to improve healthcare spending and access. PPPs are presented as a way to leverage the strengths of both public and private sectors by utilizing existing infrastructure and mobilizing additional resources. Several models of PPPs are described, including social franchising, branded clinics, contracting, voucher systems, and partnerships with various organizations. Key criteria for initiating different models of PPPs are outlined. The document emphasizes the need for PPPs to improve reproductive and child health in India through increased access, quality, efficiency and community ownership of health services.
The document provides an overview of the Indian healthcare sector as of June 2017. Some key points:
- The Indian healthcare sector is expected to grow at a CAGR of 26.31% until 2020 to reach $280 billion.
- Private sector accounts for around 74% of total healthcare spending in India.
- Per capita healthcare expenditure has risen at a CAGR of 5% from 2010-2015 reaching $68.6 in 2015.
- Major players like Apollo Hospitals and Aravind Eye Hospitals have a pan-India presence operating numerous facilities across the country.
This document provides a brief overview of India's healthcare system and macro environment. It discusses key topics such as:
- The burden of disease in India, including communicable diseases and non-communicable diseases. NCDs are projected to account for over half of India's disease burden by 2025.
- Healthcare market size, which has grown significantly but remains fragmented. Private sector delivery dominates the market.
- Health infrastructure challenges, such as shortages of hospital beds, doctors, and other medical professionals compared to international benchmarks.
- Specialist shortages, with estimates that only 700 gastroenterology surgeons serve India's population of over 1 billion people.
In summary, the document outlines
The healthcare market in India is large and growing rapidly. It includes hospitals, medical devices, insurance, and other services. The market is expected to reach $280 billion by 2020, growing at a rate of 22.9% annually. India has a large pool of trained medical professionals and lower costs compared to other countries. The government is taking initiatives to improve access and quality of healthcare through programs focused on rural health, insurance coverage, and using technology. The private sector accounts for 74% of healthcare spending and is an important part of meeting India's growing healthcare needs.
HealthCursor Consulting Group India- Distribution and Marketing- Mobile network operators in Africa have identified the growing demand for financial services and micro insurance . Airtel Africa has partnered with MicroEnsure for Mobile Micro Insurance. The range of Airtel-branded insurance products includes life, accident, health, agriculture, and other forms of cover.
Connecting intermediaries, customers and surveyors- ICICI Lombard India's mobile initiative started simply enough, with a set of basic applications that gave customers a consolidated view of all their policies, a reminder service to renew a policy, and a way to track the status of a claim. But as they matured with the mobile platform, they re-visited the paradigm and devised new ways to provide customers with more value-added and user-friendly features. This is however restricted to Auto insurance only.
Encryption, Transactions and handling customer grievance- Public sector general insurance company United India Insurance launched a mobile-based real-time fund transfer facility for payment of premium. M-Power enables customers to renew their policies and also remit the premium for approved proposals. To use this facility, one has to get an MMID (an identification number called - mobile money identifier) from his/her bank and enable one’s mobile with the application given by the bank. However, there are only 10 banks on board with this platform. This initiative follows the launch of its Internet-based sales, customer grievance portal and information-cum-sales kiosks.
Sales, awareness and providing access- Bima, a young Swedish microinsurance company, is using mobile phones to sell as many as three billion new insurance policies to the global poor. Bima, that has begun to access this untapped market, is now one of the largest mobile insurance platforms in the world. In just three years, Bima has acquired 4 million clients in Africa and Asia and is adding 400,000 new subscribers per month. Bima has been tackling many of the obstacles—education, pricing, premium collection—that prevent poor people from obtaining such benefits. For instance, Bima products such as life, accident and health insurance cost "as little as $0.20 to $6.00 a month. Last month, Leapfrog invested $4.25 million in Bima, which will allow the company to expand even further within Africa and Asia as well as reach into new markets in Latin America.
This is a report about Indian Health care industry and How different sectors like Hospitals, Pharmacy and Diagnostics industry are growing. What are the new government policies that are implemented for Health care sector in India.
Indonesia Healthcare Landscape - An Overview, July 2014Praneet Mehrotra
A brief description of Indonesia's healthcare landscape and the challenges it faces. The country has no choice, but to attract greater investments (also importantly, foreign investments) in capacity creation.
This document provides an overview of the usage of information and communication technology (ICT) in healthcare in emerging markets. It identifies key challenges facing the healthcare sector such as access to care, cost of care, quality of care, and changing disease burdens. Specific challenges are outlined for public healthcare systems, private healthcare providers, and payers. The document then categorizes common ICT solutions implemented in healthcare into three themes: infrastructure technologies, data and analytics technologies, and telehealth and remote patient monitoring technologies. Case studies and usage examples are provided for each category of technologies.
This document is a project report on a study about awareness and willingness to pay for health insurance in Durgapur, West Bengal. It includes an abstract, introduction, literature review, objectives, hypotheses, methodology, and results from surveys of 200 individuals. Chi-square tests and factor analysis were used to analyze the data. Key findings included low levels of health insurance awareness and willingness to pay, and factors like gender, age, education and income affecting willingness. The conclusion discusses determinants of awareness and recommends how to increase health insurance uptake.
Future Trends in Healthcare Industry in India by Dr.Mahboob Khan PhdHealthcare consultant
According to recent studies conducted, the customer's (patient) aspirations are fast changing. Customers are growing more aware of their health needs, demand quick response, less waiting times, and above all - demand nearness of the healthcare unit to them.
Customers though now demand better quality care; they however now do not want to travel much as in earlier days.
And if you notice, the billing and pricing though important, is not a very high priority now as insurance reach is getting stronger (to the tune of 40 per cent among patients visiting a urban hospital).
If this is the window to the future of healthcare, then it leaves immense opportunity for existing hospitals across the country to revamp and re-organise in order to woo back their immediate local drainage population as the competition would heat up soon. The patients would have a lot to choose from, now being insured.
As per various studies including a report by IDFC, and Mc Kinsey, Indian Healthcare industry will be worth $125 billion in the next five years.
The document summarizes opportunities for India in exporting health services. It notes that India has a large skilled English-speaking workforce at a lower cost compared to Western countries. Various health services that can be outsourced to India include medical transcription, claims processing, teleradiology and clinical trials. India also has the potential to become a major medical tourism destination due to world-class healthcare and facilities at a lower cost. Quality control accreditation is important to ensure high standards for patients seeking healthcare in India.
Ppt on key growth drivers of indian medical education for fdiHarinadh Karimikonda
This research paper examines key growth drivers and Make in India incentives for foreign direct investment in India's medical education sector. It finds that factors like population growth, a large young population, high emigration of doctors, and increasing demand are driving growth. Make in India allows 100% FDI and private investment in medical education and offers support like tax breaks and loans. The study concludes that the sector has strong potential for investment and will grow significantly in the coming years.
Fortis Healthcare Ltd is one of India's largest private healthcare companies with a network of 28 hospitals and 3300 beds. It provides cardiac, orthopedic, neuroscience, oncology, and maternal care. The company aims to grow aggressively with 6000 beds in 40 hospitals by 2012. India's healthcare industry is poised to grow tremendously due to lower public spending pushing people to private providers, encouraging public-private partnerships, and medical tourism. The industry faces opportunities from a growing and aging population, rising incomes, and medical tourism but threats from slow IT adoption and competition from other countries like China.
The document discusses healthcare in India, including the current state and future outlook. It notes that healthcare spending is expected to grow significantly in the coming years, reaching 7-8% of GDP by 2012. Both public and private sectors are discussed, with most healthcare currently provided privately and out-of-pocket. Rural healthcare access significantly trails urban areas. The market is seen as highly promising but still very underdeveloped and unorganized compared to other countries.
The document provides an overview of the healthcare industry in India. It discusses various aspects of the industry including emerging diseases, infrastructure issues, the growth of the health insurance market, medical tourism, Ayurveda, surgical equipment, pharmaceuticals, and the top pharmaceutical companies. It also includes survey results on perceptions of healthcare infrastructure and recommendations to improve the industry.
The document provides an overview of the Indian healthcare industry and infrastructure. It notes that the industry is growing rapidly at 17% CAGR and is projected to reach $280 billion by 2020. Key drivers of growth include rising incomes, health awareness, lifestyle diseases, and insurance penetration. However, healthcare spending and infrastructure in India remains low compared to global standards. The private sector dominates healthcare delivery, accounting for around 80% of total spending. The government is taking initiatives to boost diagnostic infrastructure through public-private partnerships.
To Study the Impact of Center and State Government Policies Rules and Regulat...ijtsrd
This document discusses healthcare in India, including both public and private systems. It notes that while India's constitution guarantees free healthcare, in practice the majority of healthcare is provided by the private sector and paid for out of pocket. The private healthcare sector is growing rapidly due to rising costs and demand. Medical tourism is also growing significantly and expected to become a billion dollar industry, with India providing high quality care at much lower costs than other countries. However, some argue more should be done to improve healthcare access for Indians rather than focus on medical tourism.
Fortis Hospitals is one of the largest private healthcare companies in India with a network of 28 hospitals and about 3,300 beds. It aims to grow aggressively to have 40 hospitals and 6,000 beds across India by 2012. The healthcare industry in India is dominated by private sectors due to lower public expenditure and a growing and aging population. India also offers highly cost competitive medical treatment and is emerging as a hub for medical tourism, providing huge opportunities for growth in the private healthcare sector. However, the industry remains slow in adopting information technology and faces threats from increasing healthcare options in other countries like China.
The document provides an overview of the Indian healthcare sector in May 2014. It discusses key metrics of the sector such as total healthcare expenditure reaching USD90.4 billion in 2013. Hospitals account for the largest share of healthcare expenditure at 71%. Growth drivers for the sector include increasing population, rising incomes and health insurance penetration. Challenges include lack of infrastructure and manpower as well as inaccessibility and high costs of healthcare services. The healthcare market is projected to grow at a CAGR of 15% to USD158.1 billion by 2017, driven primarily by rising per capita expenditure and technological advancements.
STUDY OF HEALCARE FACILITIES AND ACCESS TO HEALTHCARE IN BADSHAHIBAGH AND NEA...Md Kashif Alam
The document discusses a study on healthcare facilities and access to healthcare in Badshahibagh and nearby villages in India. It provides an overview of the growing Indian healthcare industry, including key statistics on market size, government initiatives, and investments in the sector. The study aims to understand the opportunities and challenges for investors looking to establish healthcare facilities in rural areas and will analyze collected survey data to make recommendations.
The document discusses foreign direct investment opportunities in India's large and growing healthcare sector. It notes that the sector, which includes hospitals, medical infrastructure, devices, tourism and outsourcing, is expected to grow at 30% annually. While private sector participation is already high, there remains significant demand for upgraded facilities and a large rural population lacking access to care. The Indian government actively promotes the sector through policies encouraging FDI, which could help bridge healthcare gaps and improve standards.
The health care industry in India is large and growing rapidly, expected to reach $158 billion by 2017. It makes up over 10% of GDP in developed countries. The industry is divided into hospitals, medicines/pharmacy, and medical supplies. Private sector participation has increased and now accounts for 66-81% of health care delivery. The government is also taking initiatives to invest in facilities and increase awareness through programs and public service announcements. Growing incomes, better access to facilities, and health awareness are driving growth of the large and evolving health care industry in India.
The health care industry in India is large and growing rapidly, expected to reach $158 billion by 2017. It makes up over 10% of GDP in developed countries. The industry is divided into hospitals, medicines/pharmacy, and medical supplies. Private sector participation has increased and now accounts for 66-81% of health care delivery. The government is also taking initiatives to invest in facilities and increase awareness through programs and public service announcements. Growing incomes, better access to facilities, and health awareness are driving growth of the large and evolving health care industry in India.
The document discusses challenges and opportunities for information and communication technology (ICT) in India's healthcare sector. It notes that while ICT could help address issues like the shortage of doctors and hospital beds in rural areas, the sector faces challenges like low government healthcare spending, lack of infrastructure, and lack of awareness and access in rural areas. The document advocates for government policies to better implement ICT and realize its potential to improve healthcare access, quality and lower costs.
This document provides an overview of the healthcare industry in India. It discusses various aspects of the industry including emerging diseases, infrastructure issues, the growth of telemedicine and health insurance, the nutraceuticals and medical tourism markets, ayurveda, surgical equipment, and the pharmaceutical industry. The pharmaceutical industry in India is one of the largest by volume globally but is still dominated by foreign companies operating through Indian subsidiaries. The industry has grown significantly since patents for drugs and formulations expired in the 1970s.
The document provides an overview of the Indian pharmaceutical market. It discusses key trends in the market including its size, growth drivers, segments and future scope. Some of the main points covered are:
- The Indian pharma market is the 3rd largest by volume and 10th by value, with domestic sales of $6 billion and exports of $6.3 billion. It is expected to grow at 14% annually to $47 billion by 2018.
- Branded generics dominate at 90% of the market. Chronic therapies are growing faster than acute therapies. Rural markets represent 20% of the market currently and are seen as the next growth frontier.
- Key growth drivers include population expansion, a growing middle class
The document provides an overview of the healthcare sector in India. Some key points:
- The Indian healthcare sector is expected to grow at a CAGR of 22% until 2022 to reach $372 billion.
- Rising incomes, growing health awareness, and medical tourism are driving growth in the sector.
- Private sector participation is increasing and accounts for around 74% of total healthcare spending.
- Telemedicine and expansion to tier 2/3 cities are emerging trends in the industry. Lifestyle diseases are also increasing demand for specialized care.
While India has several centers of excellence in healthcare delivery, overall infrastructure and access to healthcare is limited across much of the country. The Indian healthcare sector is large at $40 billion currently but expenditure and infrastructure are still amongst the lowest globally. However, the sector is growing rapidly at over 12% annually due to factors such as rising incomes, increasing disease burden from both infectious and lifestyle diseases, and expansion of health insurance coverage. If challenges around quality, access and regulation can be addressed, the sector is expected to reach $55 billion by 2020 and provide many new jobs.
India's growing population, rising incomes, and preference for private healthcare is driving growth in the healthcare sector. Non-communicable diseases are also increasing, requiring more advanced care facilities. India has many healthcare professionals and a large capacity for treating patients at a low cost compared to other countries. However, further investment is still needed to achieve targets for healthcare access, as India aims to expand coverage and improve health standards across the country through public and private sector efforts.
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2. This presentation has been prepared by Root India Healthcare Limited
(“RIHL” or the “Company”) solely for your information and for your
use and may not be taken away, distributed, reproduced, or
redistributed or passed on, directly or indirectly, to any other person
(whether within or outside your organization or firm) or published in
whole or in part, for any purpose by recipients directly or indirectly to
any other person. By accessing this presentation, you are agreeing to
be bound by the trailing restrictions and to maintain absolute
confidentiality regarding the information disclosed in these materials.
Disclaimer
1
3. About Root India
Attractive industry opportunity
Solution for the patients
Strong operating & financial track record
Anchored for the future
Founder & Co-Founder
11
22
33
44
55
66
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4. 2
Root India is one of India’s leading national healthcare &
Health tourism enabling people to effectively manage
their health and lead a happy life.
Vision & Mission
Providing a platform for the quality healthcare services
with the best cost efficiency. Our mission is to commit
towards the well-being of the community, aspires to
demonstrate a new approach of healthcare for everyone.
5. What is the Problem !
India has big population despite there are no such plan where people can get coverage for
pre-existing disease where in maximum insurance plans are having waiting period to cover
such illness. And biggest challenge for congenital disease, HIV, Cancer etc., which are not
supported by any insurance policy.
Solution
Since more than 95% people are visiting to doctor for their different requirement wherein
these patient use to pay from their own pocket. Therefore Root India came up with one of its
unique health plans that cover middle and low earner and no matter what kind of disease
they already have.
Benefit
As we all believe that if patient visit to the doctor on time then they can avoid hospitalization
expenses.
6. 3
National Services
Currently serving National
OPD a medical Health Plan’s
facility to all Indian patients.
Wherein Root India cover all
consultations of patient
(OPD) treatments. There is
no limitation to select or
change his/her existing
doctor for their treatment.
7. Additional Assistance
Patient Assistance
•Free Pick up and drop facility from Airport
•Free Scheduling of all medical appointments
•Coordination of the admission process
•Cost estimates for anticipated treatment
•Processing of medical second opinions
•Booking of Hotel/ Services Apartments
•Update of patient status to their family
International Services
Special dietary Needs |Language Interpreters | Religious Arrangements | Local Sightseeing
10. Business Snapshots
High-end tertiary care practice contributes to
63% of Net revenues#
Admissions
Out-Patients
Preventive Health Checks
Heart Surgeries Joint Replacements
Neuro Surgical
Operations
Robotic Surgeries Kidney Transplants
Liver Transplants
Bone Marrow
Transplants
Countries Medical
Value Travel
Chemotherapy Sittings
* FY17 info for Delhi NCR hospitals only. Does not include managed
hospitals
* FY17 info for all NCR hospitals only. Does not include managed
hospitals
Radiotherapy Sessions
FY17 at for Delhi NCR Hospitals*
400,000+ 3,500,+
300,000+
10,000+ 5,500+
14,000
500 1,100
400
120 170+
160,000+
57,000+
23%
23%
8%
11%
3%
37%
23%
8%
11%
11%
3%
7%
37%
4
11. Hugely under-penetrated market with attractive dynamics (1/2)
Demand for healthcare services in India is expected to rise owing to favorable demographics. Private sector players are well-positioned to leverage this opportunity given low
contribution of government spending.
* Estimated to be c.US$55bn1 in FY14 and is estimated to grow to over
US$100bn1 by FY19E largely expected to be driven by in-patient revenues
Source: Frost & Sullivan
1 Source: WHO – World Health Statistics 2014
Indian Healthcare Delivery Healthcare Expenditure Composition (%)
Source: WHO – World Health Statistics 2015
Health Expenditure in India
% of GDP vs. other countries
India’s healthcare expenditure as % of GDP was 3.8% (Government spends 1.2%) as
compared to global average of 8.6% (Government spends 5.0%)
Per capita healthcare expenditure at $196 is the lowest in the world
when
compared to $8,845 in the U.S., $3,235 in the U.K. and $578 in China
Spending driven by out of pocket component
limited penetration of health
insurance has led to out-of-pocket
expenditure accounting for ~61%
of total healthcare spend
Source: WHO – World Health Statistics 2015 Source: WHO – World Health Statistics 2015
Per capita vs. other countries ($)
5
12. Hugely under-penetrated market with attractive dynamics (2/2)
Demand for healthcare services in India is expected to rise owing to favorable demographics. Private sector players are well-positioned to leverage this opportunity given low
contribution of government spending.
Healthcare Expenditure Composition (%)
Source: WHO – World Health Statistics 2015
Spending driven by out of pocket component
Healthcare infrastructure gap remains substantial, with only 9 beds per 10,000
population, significantly lower than the other countries and the global median of 30
beds per 10,000 population
Healthcare Infrastructure in India
Source: WHO – World Health Statistics 2015
Healthcare infrastructure gap remains substantial, with only 9 beds per 10,000
population, significantly lower than the other countries and the global median of 30
beds per 10,000 population
Comparison of India vs. other countries in Healthcare infrastructure parameters
13. Rapid demand growth driven by ….. (1/2)
Demographic shifts, changing consumption patterns and increasing affordability makes India one of the fastest growing healthcare delivery markets globally.
Investment required to meet demand supply gap
Indian healthcare services market
Growth in Indian healthcare services will be driven by in-patient based facilities
CAGR (2015–20)
In-patient
30%
Out-patient
30%
Source: CRISIL Research
Growing working class population between ages 45 and
60
from 22% in 2011 to a projected 29% in 2026
Source: CRISIL Research
Increasing in-patient volumes due to non-communicable life style diseases
Market Size CAGR
(2008-18)
Cardiac Oncology Diabetes
18% 16% 19%
No. of hospitalized cases (mn)
2.9 5.2 8.3 2.0 3.1 4.2 1.2 2.3 3.4
In-patient market size (` bn)
7
14. Burgeoning middle class households (in mn)
Source: CRISIL Research
CAGR FY05–FY14 30%
Indian healthcare services market
Higher health insurance penetration allows
greater access to quality healthcare
The number of middle/upper income households is
expected to increase fourfold between 2010 and 2020
Increasing income levels have contributed to a middle class bulge
Rapid demand growth driven by ….. (2/2)
Source: McKinsey Global Institute
8
15. Burgeoning middle class households (in mn)
Medical tourism to reach $ 6 Bn by 2018 from $ 3.5 Bn (1/2)
Medical Tourist Arrival in India (2012-2018)
Medical Tourists Arrival in India by Region (%)
2012 2018E
Source: Ministry of Tourism, Confederation of Indian Industry (CII), RNCOS, News.
The Indian medical tourism industry is expected to reach
US$6bn
registering a c.20% CAGR for the period FY12-18
11
The total foreign medical tourist arrivals in India is expected
to increase almost 2.5 times from c.0.17mn in 2012 to c.0.4mn
in 2018
22
Growth in medical tourism expected primarily due to (i)
quality
infrastructure (ii) highly skilled doctors; (iii) lower cost of
treatment and (iv) government policies (visas)
33
Medical tourist from Asia Pacific region to continue to
constitute majority share. Contribution of MENA and Europe
regions is expected to increase going forward
44
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9
16. India has the potential to outperform other Asian countries over the next decade driven by increased focus on quality and outcomes
(2/2)
Size (US $bn
(2012)
Number of medical
tourists 2012
JCI accredited
healthcare Facilities
Average saving % as
compared to the U.S.
Average saving % as
compared to the U.S.
Thailand 3,905 2,530,000 37 50 to 75
Alternative medicine, cosmetic surgery, dental care, gender
realignment, heart surgery, obesity surgery, oncology and
Orthopaedics
India 2,000 170,000 21 65 to 90 Cardiology, Orthopaedics, nephrology, oncology and Neuro
surgery
Malaysia 192 671,000 13 65 to 80 Cardiology, oncology, orthopaedic, obstetrics and gynaecology
Singapore1 705 494,000 21 30 to 45 Cardiology, ophthalmology, oncology and anti-ageing
Indonesia NA NA 17 NA Cosmetic surgery and dentistry procedures
Taiwan 313 173,311 13 40 to 55 Orthopaedics, fertility treatment, cardiology and cosmetic surgery
Comparison of major medical tourism destinations in Asia
Source: KPMG – FICCI – Medical Value Travel in India (Sep 2014), RNCOS. *Estimated values for Singapore
Medical tourism is a burgeoning industry in India
India is competitive in healthcare costs as compared to the developed countries and other nations in Asia. It offers the same standards and quality care at a substantially lower cost.
17. Founders
SUNITA SINGH
Founder & CEO
Root India Healthcare Ltd.
Holds Post Graduate degree in Social & Economic Science
from CCS University. Having 10 years experience in
Healthcare & Education Sectors.
SHYAM SINGH
Founder & MD
Root India Healthcare Ltd.
Holds B.Tech, M.Sc. In Information Science Science from
JNTU/PTU. Having 15+ yrs rich experience in banking &
Healthcare. Worked with Popular company such as ABN
AMRO BANK NV, Birla, Reliance & Karvy.
18. Have a Question?Root India Healthcare Limited
A-503, Shri Balaji,
Plot -9, Ahinsha Khand-2,
Indirapuram,
Ghaziabad -201014
Contact : +91 9990053001, 0120 4985999
Email id : info@rihl.in
Website : www.rihl.in