COUNTRY LIFE EXPECTANCY

CHINA 84.69
JAPAN 82.19
AUSTRALIA 81.32
INDIA 69.89

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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
WEAKNESSES
STRENGTHS
• PRICE DESCRIMINATION

• COST EFFECTIVE • INCOMPETENT PUBLIC SECTOR

• LOW / CAPITA EXPENDITURE ($ 94)

• UNTAPPED MARKET

• COMPETITIVE WORK FORCE

 SWOT ANALYSIS
OPPOTUNITIES THREATS

• POLICY MAKEOVER

• MEDICAL TOURISM

• USE OF IT
 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 US ($) UK ($) India ($)

Angioplasty 30000 21000-27000 4000-5000
Angiography 2500-3000 2000 400
Hip replacement 19000 13000-16000 6000
Knee replacement 27000-32000 16000-18000 6000
CABG 30000 6400
Lasik 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