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Recent Trends in Health
care Industry
Mr. Rahul Rajput
What is Health…
 As per World Health Organization (WHO), it is a "State of
complete physical, mental, and social well being, and not
merely the absence of disease or infirmity.
 It refers not only to the absence of disease, but the ability to
recover and bounce back from illness and other problems
Understanding towards
Health care Industry …
 The healthcare industry (also called the
medical industry ) is an aggregation and
integration of sectors within the economic
system that provides goods and services to
treat patients with curative, preventive,
rehabilitative, and palliative care.
 The healthcare sector includes hospital
management firms, health maintenance
organizations (HMOs), biotechnology and a
variety of medical products.
Brief Overview of Indian
HealthCare Sector…
 The Healthcare Sector comprises of
 Hospitals
 Diagnostics
 Pathology
 Equipment and Supplies
 Medical Tourism
 Telemedicine
 Clinical Studies
 Research and Development Programs
 It is one the prominent contributors to India’s GDP.
 It attracts large number of domestic as well as international
players
HealthCare Industry scale or
growth in India
 Healthcare has become one of India's largest
sectors both in terms of revenue &
employment. The industry is growing at a
tremendous pace owing to its strengthening
coverage, services and increasing
expenditure by public as well private players
 The Indian healthcare market, which is worth
around US$ 100 billion, will likely grow at
23 per cent to US$ 280 billion by 2020.
Growth of health care
Industry During 2008-20, the market is expected to
record a CAGR of 16.5 per cent
 The total industry size is expected to touch
USD160 billion by 2017 & USD280 billion
by 2020
 As per the Ministry of Health, development
of 50 technologies has been targeted in the
FY16, for the treatment of diseases like
Cancer & TB
 Government is emphasising on the eHealth
initiatives.
 Indian companies are entering into merger
& acquisitions with domestic & foreign
companies to drive growth & gain new
markets.
Factors for the HealthCare
boom in India….
 Strong Indian Economy
 Increasing options for Healthcare Financing
 Increasing Opportunities in Healthcare delivery
 Better Profitability
 Earlier Break Even
 Medical Tourism
 Increasing demand from within the county
Top Health Care Companies
and Hospital Chains
 APOLLO LIFE
 SUN HEALTHCARE
 NICHOLAS PIRAMAL INDIA PVT. LTD
 WIPRO GE HEALTHCARE
 SERUM INSTITUTE OF INDIA LTD
 CIPLA
 CADILLA HEALTHCARE
 RANBAXY
 FORTIS HEALTHCARE
Changing trends in health
care Industry …
 Indian healthcare is experiencing a new wave of opportunity.
The following emerging trends are changing the course of the
industry:
 The change in the government’s role from
provider to payer has expanded the financial
risk protection coverage to the marginalised.
 Private sector partnerships through health PPPs
are gradually gaining acceptance, thereby
improving access to care.
 The significant demand-supply mismatch has
led healthcare to emerge as an attractive sector
Emerging trends in
healthcare Industry in India Changing demographic demand healthcare reforms
An ageing population and growing middle class are shifting
healthcare needs and responses. Demographic shifts and societal
changes are intensifying pressures on health systems and
demanding new directions in the delivery of healthcare. We are
getting older.
Emerging trends in
healthcare Industry in
India
 Chronic diseases and conditions are on the rise
Chronic diseases and conditions are on the rise worldwide. An
ageing population and changes in societal behaviour are
contributing to a steady increase in these common and costly
long-term health problems.
Emerging trends in
healthcare Industry in
India
 The empowered consumer
Consumers are taking advantage of unprecedented
access to information to become more diligent and
informed about their health. The growing power of
the patient as discerning consumer is creating new
global markets and informing new models for care.
Patients are demanding more sophisticated,
convenient, transparent, affordable and
personalised service.
Emerging trends in
healthcare Industry in India
 Depleting resources adding pressure to healthcare
Governments are expected to do more in the face of healthcare
funding challenges and a skilled labour shortage. Healthcare
systems around the world are dealing with depleting resources at
a time when demand for healthcare is rapidly rising.
Emerging trends in
healthcare Industry in
India mHealth
Mobile is positioned to have a huge impact on how healthcare is
delivered. It offers opportunities to address one of the most
pressing global challenges: making healthcare more accessible,
faster, better and cheaper.
Demand for Healthcare
Professionals in India
While many people are struggling with finding a job or are
trying to find growth in their current profession,
opportunities for healthcare careers are excellent. The
demand for healthcare professionals is still on the rise.
Carrier Opportunities in
healthcare
Employment opportunities in areas of marketing, IT,
human resource development, medical colleges, health
insurance or the pharmaceutical
Opportunity may involve planning, directing and
supervising day-to-day operations facilitating daily
financial operations, budgets, and analysis.
Learning Outcome….session
conclusion
 Analyse and evaluate complex policy and organizational
challenges at both the micro level and at higher levels
within health care systems
 Understanding recent trends functions, roles and
responsibilities of healthcare industry
 Define and apply key quality concepts in health care
organizations
 Effectively and efficiently foster innovation within
healthcare industry.
 Demonstrate personal and professional ethical
responsibility.
THANKYOU

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Recent trends in health care industry

  • 1. Recent Trends in Health care Industry Mr. Rahul Rajput
  • 2. What is Health…  As per World Health Organization (WHO), it is a "State of complete physical, mental, and social well being, and not merely the absence of disease or infirmity.  It refers not only to the absence of disease, but the ability to recover and bounce back from illness and other problems
  • 3. Understanding towards Health care Industry …  The healthcare industry (also called the medical industry ) is an aggregation and integration of sectors within the economic system that provides goods and services to treat patients with curative, preventive, rehabilitative, and palliative care.  The healthcare sector includes hospital management firms, health maintenance organizations (HMOs), biotechnology and a variety of medical products.
  • 4. Brief Overview of Indian HealthCare Sector…  The Healthcare Sector comprises of  Hospitals  Diagnostics  Pathology  Equipment and Supplies  Medical Tourism  Telemedicine  Clinical Studies  Research and Development Programs  It is one the prominent contributors to India’s GDP.  It attracts large number of domestic as well as international players
  • 5. HealthCare Industry scale or growth in India  Healthcare has become one of India's largest sectors both in terms of revenue & employment. The industry is growing at a tremendous pace owing to its strengthening coverage, services and increasing expenditure by public as well private players  The Indian healthcare market, which is worth around US$ 100 billion, will likely grow at 23 per cent to US$ 280 billion by 2020.
  • 6. Growth of health care Industry During 2008-20, the market is expected to record a CAGR of 16.5 per cent  The total industry size is expected to touch USD160 billion by 2017 & USD280 billion by 2020  As per the Ministry of Health, development of 50 technologies has been targeted in the FY16, for the treatment of diseases like Cancer & TB  Government is emphasising on the eHealth initiatives.  Indian companies are entering into merger & acquisitions with domestic & foreign companies to drive growth & gain new markets.
  • 7. Factors for the HealthCare boom in India….  Strong Indian Economy  Increasing options for Healthcare Financing  Increasing Opportunities in Healthcare delivery  Better Profitability  Earlier Break Even  Medical Tourism  Increasing demand from within the county
  • 8. Top Health Care Companies and Hospital Chains  APOLLO LIFE  SUN HEALTHCARE  NICHOLAS PIRAMAL INDIA PVT. LTD  WIPRO GE HEALTHCARE  SERUM INSTITUTE OF INDIA LTD  CIPLA  CADILLA HEALTHCARE  RANBAXY  FORTIS HEALTHCARE
  • 9. Changing trends in health care Industry …  Indian healthcare is experiencing a new wave of opportunity. The following emerging trends are changing the course of the industry:  The change in the government’s role from provider to payer has expanded the financial risk protection coverage to the marginalised.  Private sector partnerships through health PPPs are gradually gaining acceptance, thereby improving access to care.  The significant demand-supply mismatch has led healthcare to emerge as an attractive sector
  • 10. Emerging trends in healthcare Industry in India Changing demographic demand healthcare reforms An ageing population and growing middle class are shifting healthcare needs and responses. Demographic shifts and societal changes are intensifying pressures on health systems and demanding new directions in the delivery of healthcare. We are getting older.
  • 11. Emerging trends in healthcare Industry in India  Chronic diseases and conditions are on the rise Chronic diseases and conditions are on the rise worldwide. An ageing population and changes in societal behaviour are contributing to a steady increase in these common and costly long-term health problems.
  • 12. Emerging trends in healthcare Industry in India  The empowered consumer Consumers are taking advantage of unprecedented access to information to become more diligent and informed about their health. The growing power of the patient as discerning consumer is creating new global markets and informing new models for care. Patients are demanding more sophisticated, convenient, transparent, affordable and personalised service.
  • 13. Emerging trends in healthcare Industry in India  Depleting resources adding pressure to healthcare Governments are expected to do more in the face of healthcare funding challenges and a skilled labour shortage. Healthcare systems around the world are dealing with depleting resources at a time when demand for healthcare is rapidly rising.
  • 14. Emerging trends in healthcare Industry in India mHealth Mobile is positioned to have a huge impact on how healthcare is delivered. It offers opportunities to address one of the most pressing global challenges: making healthcare more accessible, faster, better and cheaper.
  • 15. Demand for Healthcare Professionals in India While many people are struggling with finding a job or are trying to find growth in their current profession, opportunities for healthcare careers are excellent. The demand for healthcare professionals is still on the rise.
  • 16. Carrier Opportunities in healthcare Employment opportunities in areas of marketing, IT, human resource development, medical colleges, health insurance or the pharmaceutical Opportunity may involve planning, directing and supervising day-to-day operations facilitating daily financial operations, budgets, and analysis.
  • 17. Learning Outcome….session conclusion  Analyse and evaluate complex policy and organizational challenges at both the micro level and at higher levels within health care systems  Understanding recent trends functions, roles and responsibilities of healthcare industry  Define and apply key quality concepts in health care organizations  Effectively and efficiently foster innovation within healthcare industry.  Demonstrate personal and professional ethical responsibility.