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Emerging Market Report Hc in India

Emerging Market Report Hc in India

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05/26/2012

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Healthcare in India
Emerging market report 2007
 
Disclaimer
PricewaterhouseCoopers has exercised proessional care and diligencein the collection and processing o the inormation in this report. However,the data used in the preparation o this report (and on which the reportis based) was provided by third-party sources. This report is intended tobe o general interest only and does not constitute proessional advice.PricewaterhouseCoopers makes no representations or warrantieswith respect to the accuracy o this report. PricewaterhouseCoopersshall not be liable to any user o this report or to any other person orentity or any inaccuracy o inormation contained in this report or orany errors or omissions in its content, regardless o the cause o suchinaccuracy, error or omission. Furthermore, to the extent permitted bylaw, PricewaterhouseCoopers, its members, employees and agentsaccept no liability and disclaim all responsibility or the consequenceso you or anyone else acting, or reraining rom acting, in relying uponthe inormation contained in this report or or any decision based on it,or or any consequential, special, incidental or punitive damages to anyperson or entity or any matter relating to this report even i advised o thepossibility o such damages.The member rms o the PricewaterhouseCoopers network (www.pwc.com) provide industry-ocused assurance, tax and advisory services tobuild public trust and enhance value or its clients and their stakeholders.More than 140,000 people in 149 countries share their thinking,experience and solutions to develop resh perspectives and practicaladvice.
 
Emerging Market Report: Health in India 2007PricewaterhouseCoopers 1
 A growing healthcare sector
Healthcare is one o India’s largest sectors, in terms o revenue andemployment, and the sector is expanding rapidly. During the 1990s, Indianhealthcare grew at a compound annual rate o 16%. Today the total valueo the sector is more than $34 billion. This translates to $34 per capita,or roughly 6% o GDP. By 2012, India’s healthcare sector is projected togrow to nearly $40 billion.The private sector accounts or more than 80% o total healthcarespending in India. Unless there is a decline in the combined ederal andstate government decit, which currently stands at roughly 9%, theopportunity or signicantly higher public health spending will be limited.
Growing population and economy
One driver o growth in the healthcare sector is India’s boomingpopulation, currently 1.1 billion and increasing at a 2% annual rate. By2030, India is expected to surpass China as the world’s most populousnation. By 2050, the population is projected to reach 1.6 billion.
0%
2000-20052005-20102010-20152015-20202020-20252025-20302030-20352035-20402040-20452045-2050
Brazil China India Russia
Source: Goldman Sachs
1%2%3%4%5%6%7%8%
Figure 1: India is forecast to grow by at least 5% a year for the next 45 years

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