The Indian Health Care Industry

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The Indian Health Care Industry

Contents :

Contents Health care Current market Market potential Key opportunity segments SWOT analysis

Health Care :

H ealth C are Treatment and prevention of illness Delivered by :- professionals in Medicine Dentistry Nursing Pharmacy Allied services

Health care –Market Size and growth :

Health care –Market Size and growth Largest service sector in India Expected to contribute 8% growth in GDP -2012 Employment boom – 9 million people Expected to double up to 14.2 $ billion in 2012 & quadruple in 2017

Current status of health care industry :

C urrent s tatus of health care industry Present estimation: US$18.7 billion -65% private sector market . Current growth rate -13% ; expected growth rate -15% Industry’s expectation –US$45 billion (2012) Additional requirements -750000 beds ,520000 doctors overall investment of US$26-US$28

Market Potential :

Market Potential High growth in domestic market Increasing health awareness Increased penetration of health insurance Rapid growth in private sector industry High growth in medical tourism Cost of comparative treatment is low as compared to foreign countries Multiple segment opportunities service providers diagnostics services Infrastructure Health insurance

Trends towards robust growth :

Trends towards robust growth Growing income ,literacy and awareness Rising income –expanding rich and middle income groups Proportion of households in low income group has declined Shift in disease profile : infectious to .lifestyle

Key opportunity segments :

Key opportunity segments Medical tourism Hospital services Pathology services Medical devices Tele medicine Health insurance

Swot analysis :

Swot analysis STRENGTH Growing private hospital sector Success in pharmacy and paramedical industry Huge market –growing urban population WEAKNESS Low per capita expenditure Untapped rural market Excessive dependency on imports R&D support system not available OPPURTINITIES Overseas company investments Increasing joint venture and agreements Overseas assisted projects Regulatory improvements THREATS Unorganised market for medical disposables Lack of regulation specifications-spurious products

Growth Drivers:

Growth Drivers Increasing health care expenditure Changing demographic profile Increasing medical tourism Proliferation of hospital User friendly and handy devices Telemedicine

Recommendations to boost exports :

Recommendations to boost exports Patent Awareness Early licensing Combination products Material sciences Insurance Incubators and cluster development Development of R&D base Provision of incentives Alloys & biodegradable materials

Conclusion :

Conclusion Expected replication of pharmacy sector in the proceeding 5-7 years , generics in pharmacy will penetrate with high end products ,India expected to be a major exporter in the forthcoming years .

Bibliography :

Bibliography http:\ www.google.com Press information bureau

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Thanks presented by : yashika ujjwal vivek vinay BBA -3