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Indian Healthcare Overview
Indian Healthcare Overview
R
CAG
17%
Source: World Bank, BMI Report, TechSci Research Notes: E Estimates; 2015E - Estimates for 2015 (by BMI)
The outlook for Indian healthcare industry looks positive owing to high growth rate in almost
all its segments. Growing health awareness and precautionary treatments coupled with
improved diagnostics will result in decreasing hospitalization
Primary Health care catches on with increased interest & investment in the segment
When 28-year-old Priyanka Rao had a headache, she visited a city-based super-specialty
hospital fearing it could be migraine or something chronic. The doctor advised her MRI,
CT scan and other tests to diagnose the cause of the pain. Later, the reports revealed
that the pain was just because of a normal headache. Rao, however, had to shell out Rs
4,000 to undergo these tests and for the doctor's consultation fee, while the same could
have been done for just Rs 100.
To reduce the expense and make healthcare accessible for all, many
players are now getting into the primary healthcare space. Primary
healthcare caters to the basic level of preventive and curative medical
care, and forms almost 80 per cent of all health requirements.
CAGR 15%
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