Healthcare sector India

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1 HEALTHCARE SECTOR

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Information about Indian Healthcare sector

Transcript of Healthcare sector India

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HEALTHCARE SECTOR

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INTRODUCTION

The art of Health Care in India can be

traced back nearly 3500 years

Early days of Indian history the Ayurvedic

tradition of medicine has been practiced

Healthcare is one of India’s largest sectors,

in terms of the revenue and employment

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INTRODUCTION

During the 1990s, Indian healthcare grew

annual rate of 16%.

Today the total value of the sector is more

than $34 billion or roughly 6% of GDP

By 2012, India’s healthcare sector is

projected to grow to nearly $40 billion

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Key Players in HEALTHCARE

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Hospital Services Medical Tourism Pathology Services

Medical Devices Manfg

Tele Medicine Health Insurance

Key Opportunity Segments

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History

BEFORE INDEPENDENCE : HEALTHCARE HAS BEEN BASED ON VOLUNTARY WORK TRADITIONAL METHODS USED FOR MADICATION MEDICINAL PROPERTIES OF PLANT AND HERBS WAS

PASSED FROM ONE GENERATION TO ANOTHER

AFTER INDEPENDENCE GOVT OF INDIA LAID DOWN A STRESS ON PRIMARY

HEALTH CARE ALTERNATE SOURCES OF FINANCE WERE CRITICAL FOR

SUSTAINABILITY

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ENTRY OF PRIVATE SECTOR

EARLIER GOVERNMENT ON ITS OWN WOULD NOT BE ABLE TO PROVIDE MORE FACILITIES FOR HEALTH CARE

ENTRY OF PRIVATE SECTOR TO REDUCE THE GAP BETWEEN THE SUPPLY AND DEMAND

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Healthcare

Hospitals

Pharmaceuticals

Nursing Homes

Fitness Centers

Ambulatory Services

Classification

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Public Hospitals Vs. Private Hospitals

Public Fully funded by government Service oriented

Don’t do much promotion

Charge low fees

Lacks good infrastructure

Process of admission is difficult.

No proper care of patients People

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Contd…

While in Private doctors are highly qualified

Profit oriented Huge promotion

Infrastructure is well maintained

Comparatively easy process

Very good care of patients

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Growing population and economy

One driver of growth in the healthcare sector is India’s booming population

currently 1.2 billion and increasing at a 2% annual rate

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

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Expanding middle class

India traditionally has been a rural, agrarian economy. Nearly three quarters

of the population still lives in rural areas, and as of 2004, an

estimated 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 more

than 50% of all children are malnourished.

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Rise of disease

Rise 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 as dengue fever, viral hepatitis, tuberculosis,

malaria, and pneumonia, have returned in force or have developed a stubborn resistance to drugs.

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Pharmaceuticals

The Indian pharmaceutical market is one of

the fastest growing markets in the world

Sales increased by 17.5% to $7.3 billion in

2009

Many factors, including a strong economy

and the country’s growing healthcare needs

have contributed to the accelerated growth

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Health Of HEALTHCARE

No of Doctors 5,70,900

Hospitals 15,097

No of Beds 8,70,161

No. of medical colleges 169

No of Nurses 7,37,120

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What is Telemedicine???

Telemedicine is set to revolutionize health care system… Telemedicine is delivery of health care information across distances using telecom technology

video conferencing between the patient at remote hospital with the specialists

90% of the patients do not require surgery so the Dr. generally need not touch the patient, need not to be at the same place. So Patient can be treated from the diff location

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Market Drivers of HealthCare

Rising Health awareness

Shift to lifestyle related diseases;

Increasing government expenditure on

health care sector;

Health insurance sector is also on the rise;

Private sector companies are growing fast

in terms of owning and managing hospitals;

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Market Drivers of HealthCare

Growth in medical tourism;

Cost effective surgical services. According

to report, the cost of surgery in

India is just about 10% of that in USA;

Gradual corporatization of the Healthcare

sector.

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Strengths

•Low cost of production•Specialization Infrastructure and Efficient technologies•Large pool of skilled doctors Low pricing in public hospitals. Opportunities•Largely untapped market•Switching over from process patent to product patent•Growing incomes and Growing attention for healthGlobal outsourcing hub for pharmaceutical products.  

Threats

Threats from other low cost countries like China & Israel O

Weaknesses

•Highly fragmented leading to Price competition•Treatment is not affordable Imitated Drugs Rural Healthcare.

SWOT ANALYSIS

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Government’s Initiative

Government’s Initiative Union Budget 2009:

India to Spend $4.35 Billion on Healthcare

Government has also announced tax

holiday for five years for the hospitals in

rural areas

government of India has allowed 100% FDI

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Recent Development

Huge investments in R&D

Constant focus by Government Medical

Tourism

by 2010 Healthcare BPO is also growing fast

health Insurance is availed by just 30-40

million Indians which is expected to rise to

160 million by 2010

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Technology & Healthcare

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THANK YOU

PRESENTED BY…

Yuvrajsinh Zala(KBSCMR)