Hospital Service EMERGI HEALT December-2013 es Industry: Riding on the back o healthcare demand ING TRENDS: INDI THCARE INDUSTR of growing IAN Y
Contents Executive Summary __________________ Growing Healthcare Demand ____ Emerging Trends in Indian Healthc Government Initiatives Still Insuffic A Significant and Viable Demand Onicra’s Outlook on SME’s in Hosp External References __________________ Disclaimer ______________________________ Contact Us _____________________________ EMERGING TRENDS: INDIAN H __________________________________________________________ _________________________________________________________ care Sector __________________________________________ cient ___________________________________________________ d- Supply Gap ____________________________________ pital Services Industry _____________________________ __________________________________________________________ __________________________________________________________ __________________________________________________________ HEALTHCARE INDUSTRY 1 ___________2 ___________3 ___________5 ___________7 _________ 11 _________ 13 _________ 16 _________ 17 _________ 18
Executive Summary Healthcare sector is considered on employement. The estimated valua 2011-12. A large and growing population, a middle class, rising diseases and inc higher rate. The sector is dominated by private Leading from the front is the Hospita and contributes around 82% of th However, there remains a significan which is far below the World Health sector is currently surrounded with m investment, skilled humand resource Although the government has take remains insufficient and a lot is need healthcare in 12 th five year plan allo plan is a step ahead in the journey to EMERGING TRENDS: INDIAN H ne of the largest sector in terms of both reve ation of the sector was close to USD 74 billion a a booming economy, rapid urbanisation which creased awareness level has enable the secto players capturing about 70% of the total mark al industry which is estimated to be around USD he total revenue generated by healthcare in nt gap in terms of number of beds or number o h Organization’s (WHO) requirement of 1:250. multipe issues in regards to infrastructure, avail es. en several steps in eliminating healthcare relat ded to be done. Giving due importance to the ocation of total funds is increased to 2.5% of th owards quality healthcare for all. HEALTHCARE INDUSTRY 2 enue and workfore as at financial year has expanded the or to grow at much ket delivery in India. D 54.7 billion by 2012 ndustry as a whole. of doctors available Apart from this the ability of adequate ted issues but it still e sector the share of he GDP. The current
Growing Healthcare Dema India is second largest populous cou overall population grew at a rate o 2.13% per annum in the previous d improvement from 926 in the year 1 26.10 in the year 1999 to 22.50 in the from 70 in 1999 to 50 in 2009 (per 1 and urban IMR of 55 and 34 respecti With the globalization of Indian demographics of urban and rural p grow at a higher rate with respect t better livelihood opportunities with r urban population has resulted in an their healthcare expenditure. With a rise in population, both infe decade. While the country has ma leprosy and tetanus other diseases Similarly life style diseases like diabete 1 2011 provisional census, Ministry of Hom Growing Population Growing Economy EMERGING TRENDS: INDIAN H and untry (after China) in the world having a populat of 1.76% per annum during the period 2001-2 decade 1991-2001. The human sex ratio has 1991 to 940 in the 2011. Similarly, the birth rate e year 2009. The Infant Mortality Rate (IMR) has 1000 person) though there is a significant differe ively (per 1000 person).