Home
Cii.in/facebook
Cii.in/twitter
Cii.in/linkedin
Cii.in/youtube
Home
Contact Us
  • About Us
  • Economy
  • Membership
  • CII Services
  • CII Research
  • International
  • Development Initiatives
  • News Room
  • Centres of Excellence
  • CII Foundation
  • Regions
  • myCII.in
  • CII Blog
  • About Us
      • History
      • CII Leadership
      • President
      • President-Designate
      • Vice President
      • Director General
      • Past Presidents
      • CII Secretariat
      • Initiatives
      • Perspective
      • Roles
      • Strategies
      • CII Model Code of Conduct
      • CII Advisory on Business and Human Rights
  • Economy
      • Banking
      • CII Research
      • Corporate Governance
      • Economic Affairs & Taxation
      • Exports & Imports
      • Financial Services
      • Insurance
      • MNC
      • Mutual Funds
      • Public Sector Enterprises
      • Trade & Investment
  • Membership
      • About Membership
      • Membership Profile
      • Membership Advantages
      • Membership Resource Centre
      • Membership Directory
      • How to become a member?
      • Membership Helpline
      • Contact Membership Desk
      • CII Films
  • CII Services
      • Sectoral Portfolio
          • Food & Agricultural
              • Agriculture
              • Climate Change
              • Food Processing
              • Intellectual Property Rights (IPR)
              • Technology
              • Water
          • Manufacturing
              • Aerospace
              • ASCON
              • Auto Components
              • Automobiles
              • Capital Goods
              • Chemicals
              • Climate Change
              • Competitiveness
              • Defence
              • Design
              • Family Business
              • Innovation
              • Intellectual Property Rights (IPR)
              • Manufacturing
              • Technology
              • Textiles & Apparel
          • Services
              • Aerospace
              • Affirmative Action
              • Agriculture
              • Auto Components
              • Biotechnology
              • Business Process Outsourcing
              • Climate Change
              • Competitiveness
              • Corporate Governance
              • Design
              • Education
              • External Relations
              • Family Business
              • Fast Moving Consumer Goods (FMCG)
              • Healthcare
              • Information & Communication Technology
              • Innovation
              • Intellectual Property Rights (IPR)
              • Media & Entertainment
              • Technology
              • Tourism & Hospitality
          • Infrastructure
              • Civil Aviation
              • Climate Change
              • Design
              • Housing
              • Hydrocarbons
              • Infrastructure
              • Intellectual Property Rights (IPR)
              • Power
              • Real Estate
              • Renewable Energy
              • Surface Transport
              • Technology
              • Urban Development
      • Policy Advocacy
      • Global Outreach
      • Competitive Solutions
      • Commitment to Society
      • Strategic Partnerships
      • Publications
      • Events
  • CII Research
  • International
  • Development Initiatives
      • Affirmative Action
      • Climate Change
      • CSR & Community Development
      • Disaster Management
      • Education
      • Environment
      • Industry - NGO Partnerships
      • Public Health
      • Rural Development
      • Skills Development
      • Social Development
      • Special Abilities
      • Sports
  • NewsRoom
  • Centres of Excellence
      • CII Institute of Logistics
      • CII Institute of Quality
      • CII - ITC Centre of Excellence for Sustainable Development
      • CII - Centre of Excellence for Competitiveness for SMEs
      • CII - Naoroji Godrej Centre of Manufacturing Excellence
      • CII - Sohrabji Godrej Green Business Centre
      • CII - Suresh Neotia Centre of Excellence for Leadership
      • CII - Triveni Water Institute
      • CII - FACE
  • CII Foundation
  • Regions
      • East
          • Andaman
          • Bihar
          • Chhattisgarh
          • Jharkhand
          • Odisha
          • West Bengal
      • North
          • Chandigarh
          • Delhi
          • Haryana
          • Himachal Pradesh
          • Jammu & Kashmir
          • Punjab
          • Rajasthan
          • Uttar Pradesh
          • Uttarakhand
      • South
          • Andhra Pradesh
          • Karnataka
          • Kerala
          • Puducherry
          • Tamil Nadu
          • Telangana
      • West
          • Dadra - Nagar Haveli
          • Daman and Diu
          • Goa
          • Gujarat
          • Madhya Pradesh
          • Maharashtra
      • North East
          • Arunachal Pradesh
          • Assam
          • Manipur
          • Meghalaya
          • Mizoram
          • Nagaland
          • Sikkim
          • Tripura
  • myCII.in
  • CII Blog
  • Health Tech 2019
    Health Tech 2019
  • Health Tech 2019
    Health Tech 2019
  • Health Tech 2019
    Health Tech 2019
  • 15th CII Health Summit 2018
    15th CII Health Summit 2018
  • 15th CII Health Summit 2018
    15th CII Health Summit 2018
  • 15th CII Health Summit 2018
    15th CII Health Summit 2018
  • 15th CII Health Summit 2018
    15th CII Health Summit 2018
  • 15th CII Health Summit 2018
    15th CII Health Summit 2018
  • North East Healthcare Conclave
    North East Healthcare Conclave
  • North East Healthcare Conclave
    North East Healthcare Conclave

Healthcare

Indian healthcare is one of the fastest growing sectors, and is expected to reach ~USD 275 Billion in next 10 years. Much of this growth can be attributed to the infusion of private equity & foreign investments. These investments have resulted in creation of new infrastructure by private providers. Additionally, investments by international healthcare groups in Indian market are expected to boost innovation & quality care.

On the other hand, public health system in India is largely under funded with only 1.1% of GDP spent on healthcare. Given the resource constraints in the public sector, private investments in healthcare are expected to increase in the coming years. It is important to understand the specific focus of public and private investments in healthcare services and infrastructure; and how they may be appropriately allocated towards problem/resource constraint/developing areas and right outcomes.

There has been substantial improvement in geographical & financial access to healthcare; however accessing healthcare through virtual platforms is still in its nascent stage. To meet current & future challenges, healthcare systems would require innovative solutions. Digital Health encompasses a wide array of components like m-Health tools, health wearables, internet access and social media. It is changing the landscape of healthcare industry across the globe.

In India, mobile internet users are expected to cross 300 million mark by 2017 and offer a tremendous opportunity for healthcare industry to address the accessibility challenge. Data aggregation in health sector is critical for every stakeholder. Integrating data with healthcare delivery has immense potential to increase the effectiveness of delivery systems & generate insights for the business.

Changing economic environment and technology up-gradation have made significant changes in the healthcare system. There is immense potential for collaborations between stakeholders by combing strengths, improving weaknesses, exploring opportunities and managing threats. India’s healthcare sector comprise of a variety of stakeholders ranging from healthcare institutions and organizations, which may include pharmaceutical players, medical equipment companies and hospitals. Policymakers, advocacy organizations, and research organizations play an important role in the process of policymaking and creating a conducive environment for growth and development. These  stakeholders coming from these sectors may have different short term goals; however their vision to improve health standards and achieve universal health outcomes is common. It becomes important to bring them on a single platform to understand common healthcare goals and collaborative pathways to achieve India’s Health Goals.

  Opportunities in Healthcare in India

 

  Healthcare Infrastructure - Additional 1.8 million beds needed for India to achieve the target of 2 beds per 1,000 people by 2025. Additional 1.54 million doctors required to meet the growing demand for healthcare. Investment of USD 86 billion required to achieve these targets

 Health Insurance - Less than 15% of the Indian population is covered through health insurance. The total market size of the insurance sector in India was USD 66.4 billion in FY 13. It is projected to touch USD 350–400 billion by 2020.

 

  Medical Tourism - Indian medical tourism industry is expected to register a CAGR of more than 20% during 2013-2015. Cost of surgery in India is nearly (1/10)th of the cost in developed countries

 

  Research & Development - Contract research is a fast growing segment in the Indian healthcare industry. Cost of developing new drug is as low as 60% of the testing cost in the USA. About 60% of global clinical trials is outsourced to developing countries

  Digital India – A Leapfrog

As India pivots closer to the ‘Virtualization of Healthcare’ amazing breakthroughs are occurring erasing the healthcare boundaries and enabling care through mobile, digital and wireless technologies. Digital health technologies have the potential to transform the way healthcare is delivered and help governments analyse Big Data to identify unmet need and measure outcomes in a precise manner. Majority of private hospitals in India are adopting various advanced technologies focusing on improving patients’ treatment and experience.

  Increased Mobile Connectivity and Offers – Mobile health services have entered the market, fitness apps have now started offering appointments, medical services, diagnostics and preventive care measures through mobile apps
  Growing Health IT Market – Integrated delivery networks, access to software, infrastructure and service everywhere. New technology platforms, disease knowledge management, user-supplier connectivity are few of the features of the growing Healthcare IT market in India
  Integrating Smart Cities & Healthcare Industry – According to the census, urban areas are expected to house over 40% of India’s population and contribute to 75% of India’s GDP by 2030. Smart Cities leverage technology and utilize existing and planned infrastructure investments to provide a higher quality of living to residents, a conducive investment climate for businesses and allow maximization of resource utilization
 

Smart Healthcare Solutions – Online portals, e-healthcare cards and records, digital and diagnostic analytics, healthcare training using advanced technology, availability of tele-medicine, GIS enabled services, business process and automation

 

  Invest in India - What India has to Offer!

India jumps 12 places on the Global Ranking of Ease of Doing Business as per World Bank Group in just 18 months. The Government of India plays a stewardship role in creating the vision for India’s healthcare system. The Indian Government envisages the pre-dominant route of Public-Private-Partnerships (PPP) to create a legal framework, build competitiveness, build a market and supplier base for public-private contracts and implement strict controlling and performance monitoring. Following are few of the offers :

  •   Ease of Doing Business
  •   Tax Incentives and Tax Holidays
  •   Simplifying Regulations
  •   Infrastructure Base – Physical, Digital, Infrastructure, Power, Waster Electricity
  •   Integrated Medicity
  •   Upgraded IT services for Healthcare
  •   Clinical Research & Trials
  •   Reform Strategy – Institutional Management, Collaboration with private sector (PPP)
  •   Healthcare Infrastructure
  •   Equipment Manufacturing Units

Indian healthcare is one of the fastest growing sectors, and is expected to reach ~USD 275 Billion in next 10 years. Much of this growth can be attributed to the infusion of private equity & foreign investments. These investments have resulted in creation of new infrastructure by private providers. Additionally, investments by international healthcare groups in Indian market are expected to boost innovation & quality care.

On the other hand, public health system in India is largely under funded with only 1.1% of GDP spent on healthcare. Given the resource constraints in ...

Read More Hide
Latest Updates
  • Technological Innovations in Healthcare need to be backed by a Robust Policy Framework: Dr. Indu Bhushan, CEO, AB-PMJAY and NHA
  • Need to forge ties between the Public and Private Sector to strengthen skills of healthcare workforce & achieve national goal of Health for All
  • Healthcare in India needs a federal institution along the lines of the GST, said Sh. Arun Jaitley
  • Chief of Pharma Pricing Authority Exhorts Industry to Exercise Self-Regulation at CII Pharma Summit
Read All
Events
  • CII Regional CSR Experience & Impact Summit 2019 Southern Region
    Mar 09, 2019 Coimbatore Tamil Nadu India
  • 14th CII-EXIM Bank Conclave on India-Africa Project Partnership
    Mar 17, 2019 To Mar 19, 2019 India
  • Kerala Health Tourism 2019
    Apr 05, 2019 To Apr 06, 2019 India
  • 3-DAY ASSESSOR TRAINING ON BALDRIDGE HEALTHCARE EXCELLENCE FRAMEWORK
    Apr 26, 2019 To Apr 28, 2019 India
Read All
Articles/Information
  • Ayushman Bharat is a Fertile Ground for Inter-Sectoral Collaboration
    Sep 21, 2018 (Article)
  • Upgraded Secondary Care: 200 Bedded Multispecialty Hospital with Nursing College through ...
    Nov 20, 2017 (Background Papers / Discussion Papers / Theme Papers)
  • Vision 2022 Roadmap for the Indian Ayurveda Industry
    Oct 16, 2017 (White Papers / Approach Papers)
  • Sessions on Africa-India Cooperation on The Africa-India Cooperation on Enhancing the ...
    Jun 06, 2017 (Background Papers / Discussion Papers / Theme Papers)
  • Translating Best Practices To Next Practices: A White Paper On Promising Practices In ...
    Oct 06, 2016 (White Papers / Approach Papers)
  • CII Recommendations to Department of Pharmaceuticals
    Aug 10, 2015 (Article)
Read All
  • Publications
  • Journals
PMJAY: Creating a New Ecosystem to Provide Universal  Health Coverage
PMJAY: Creating a New Ecosystem to Provide Universal Health Coverage
Ayurveda 2.0: on the Cusp of Change
Ayurveda 2.0: on the Cusp of Change
Read All
CII Pulse
Feb 24, 2016
Green Habitat
Jan 04, 2013
Uniquely Punjab - Feb 2012
Mar 01, 2012
HappenYings- Yi Kochi newsletter; ISSUE 2 (May 2011)
May 16, 2011
Read All
Address by Rajiv Vasudevan, Chairman, CII Core Group on Ayurveda & Managing Director and ...
Featured Video
Address by Rajiv Vasudevan, Chairman, CII Core Group on Ayurveda & Managing Director and ...
Contact Us
Neerja  Bhatia
Neerja Bhatia
Executive Director
CII Central Office
Mantosh Sondhi Centre
23 Institutional Area
Lodi Road
New Delhi-110003
Delhi
India
Phone : 91-11-24629994 - 7
Fax :91-11-2462 6149
Write to us
Service Portfolio
  • Policy Advocacy
  • Sectoral portfolio
  • Global Outreach
  • Competitive Solutions
  • Commitment to Society
 
Related Services
Consulting Services
LEAN SIX SIGMA
TOTAL PRODUCTIVE MAINTENANCE & LEAN MANAGEMENT
Healthcare Services
QUALITY MANAGEMENT & LABORATORY SERVICES
 
Read All
Awards / Recognitions
CII- Apollo Corporate Wellness Awards (Supported by Apollo Hospitals)
 
Contact Us
Membership Desk:
+91-124-4014060
CII Helpline Services:
+91-124-4592966
+91-99 1044 6244

1800 103 1244
Reach us at
membership@cii.in
info@cii.in
Connect via social media on
Facebook
Twitter
LinkedIn
Youtube
MyCii.in
Download the apps from:
App Store Google Play