COUNTRY CHINA JAPAN AUSTRALIA

LIFE EXPECTANCY 84.69 82.19 81.32

INDIA

69.89

WANNA LIVE MORE? BETTER WATCH THIS OUT!!

SECTOR IN INDIA

GLOBAL HEALTHCARE SECTOR: AN OVERVIEW
• World’s 2nd largest business sector

Global healthcare revenue US$ 2.8Trillion

INDIAN HEALTHCARE SECTOR
• VALUED AT US$ 34BILLION • ANNUAL GROWTH OF 13% • CONSTITUTES 6% OF THE GDP

HEALTHCARE SEGMENTS
• PUBLIC State owned Subsidized medicine Free of cost treatment • PRIVATE 80% market share

INDUSTRY SEGMENTS
• HOSPITALS • PHARMACEUTICALS • MEDICAL TOURISM

HOSPITALS
• MORE THAN 16000 HOSPITALS • MORE THAN 9 LAKH BEDS • GROWTH RATE OF 10-20%

MARKET PLAYERS

PHARMACEUTICALS
• ONE OF THE FASTEST GROWING MARKETS IN THE WORLD • ANNUAL GROWTH OF 17.5% • CATERS TO 95% OF COUNTRY’S NEEDS

MAJOR MARKET PLAYERS

MEDICAL TOURISM
• WORTH US$ 1.2BILLION AND IS ESTD., TO REACH US$ 2.2BILLION BY 2012 • GROWTH RATE 12% PER ANNUM EXPECTED TO BE 30% BY 2012 • MEDICAL TOURISTS ACCOUNTS TO 2.72 LAKH PER ANNUM

MAJOR MARKET PLAYERS

FORECAST

GROWTH DRIVERS
• RISING INCOME • GROWING MIDDLE CLASS • GROWING AND AGEING POPULATION • GROWING URBANIZATION • GROWING MEDICAL TOURISM • HEALTHCARE INSURANCE PENETRATION

SWOT ANALYSIS
STRENGTHS
• COST EFFECTIVE • UNTAPPED MARKET • COMPETITIVE WORK FORCE
WEAKNESSES
• PRICE DESCRIMINATION • INCOMPETENT PUBLIC SECTOR LOW / CAPITA EXPENDITURE ($ 94)

SWOT ANALYSIS
OPPOTUNITIES
• POLICY MAKEOVER • MEDICAL TOURISM • USE OF IT

THREATS

ADVANTAGE INDIA
• OVER 6,50,000 DOCTORS • HIGHLY SKILLED EXPERTS • EMERGING MAJOR R&D CENTRE • LOW COST DRUG DEVELOPEMENT

ADVANTAGE INDIA - CONTD.,
• SECOND HIGHEST NUMBER OF QUALIFIED DOCTORS IN THE WORLD • HIGHEST SUCCESS RATE IN CARDIAC SURGERY AND BONE MARROW TRANSPLANTATION • THE COST ADVANTAGE

Procedure Angioplasty Angiography Hip replacement Knee replacement CABG Lasik

US ($) 30000 2500-3000 19000 27000-32000 30000

UK ($) 21000-27000 2000 13000-16000 16000-18000

India ($) 4000-5000 400 6000 6000 6400

2250-2900

400

MEDICAL EDUCATION
• 230 MEDICAL COLLEGES • 106 PRIVATE COLLEGES • 29,000 DOCTORS QUALIFY ANNUALLY

80% OF THE MEDICAL FACILITIES ARE CONCENTRATED IN THE URBAN AREA WHILE 73% OF THE POPULATION RESIDES IN THE RURAL AREA

HEALTHCARE DEMAND

DEMAND Vs SUPPLY

HEALTHCARE INFRASTRUCTURE

THE ROAD AHEAD
• IMPROVEMENT IN PHYSICAL INFRASTRUCTURE • IMPLEMENTATION OF TELEMEDICINE • COST EFFECTIVE CLINICAL TRIAL • EFFECTIVE PUBLIC PRIVATE PARTNERSHIP

RAHUL KAMAL KARTHIGA
Department of Management Studies, School of Management,
Pondicherry university