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India Healthcare Trends 2008
Technopak Advisors Pvt. Ltd., Nov 2007
The Indian healthcare industry has grown manifold during the last few years. Although there is a yawning divide between healthcare facilities available in rural and urban India and in the demand and supply of healthcare services across the country, overall the Indian healthcare infrastructure is fast improving with initiatives by the government and the private sector. The entry of private players has further spurred the development of the healthcare sector.
The striking feature of the sector is that it has the potential to grow at a much faster rate in the foreseeable future and will present new ' sectors of opportunity' within healthcare, which will emerge as growth drivers. The Indian healthcare industry overview indicates it has the same exponential growth potential as software and pharmaceutical industries in the country. Till now only 12% of the opportunities in the Indian healthcare sector have been employed.
With abundant opportunities for businessmen, equipment makers and service providers to invest in curative and preventive services and possibilities of investing in medical infrastructure and medical tourism, it becomes imperative for providers to get a feel of what' s happening in the industry to make informed decisions on investment options.
The India Healthcare Trends 2008 aims to be an informed view of trends and drivers for the Indian Healthcare industry by delving into how providers like hospitals and physicians conduct their business and the issues they face in doing so, as well as dissect it in terms of what healthcare means to the end consumer.
This study reflects the opportunities that exist, the challenges faced, emerging trends and the future scenario of the healthcare service sector in India and provides a comprehensive understanding of the healthcare market and practices, customer attitudes and behavior study in India. The report will serve as a market / investment guide for healthcare providers, investors in healthcare and allied businesses.
Key highlights
-One-of-its-kind report with primary survey data from a cross-section of sources including consumers, physicians, hospitals.
-Identification of opportunities in Healthcare Infrastructure, financially & geographically, manpower requirements & opportunities
-Identification of the allied businesses' role and their individual market share, the future dynamics of healthcare delivery
-Tracking the business modules of physicians, their outlook on future practices, and how they gear up to face the challenge posed by organised healthcare sector
-Consumer insights: Current behavior and practices in the household, decision making process on physicians, hospitals, perceptions on current options and satisfaction levels
-Health and wellness of Mr and Mrs India: A derivation of the health quotient of the chief wage earner and the homemaker across a cross-section of families based on their own perception of health and a gradation from a series of behavioral measures that demonstrate commitment to keeping in good health
-Current healthcare insurance coverage, limitations and opportunities
The methodology
-An analysis of the market both from the provider and consumer angles across Urban India.
-Coverage of 39 towns to represent all towns with a population of 50000+ in Urban India.
-11,000+ consumers of healthcare services
-600+ physicians and 250+ hospital administrators
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