Technological Advancement and Macroeconomic Stability to Encourage Healthcare in India-Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Healthcare is a largest sector in India in terms of revenue and employment. It comprises of hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment. It was observed that the Indian healthcare sector is growing rapidly due to its services and consumers awareness in medical safety. The country’s health care system is categorized into public and private healthcare system. The government handles the public healthcare system as limited secondary and tertiary healthcare institutions are available in major cities and provides basic healthcare facilities in the form of primary healthcare centres (PHCs) in rural areas. The private healthcare in India facilities are established as secondary, tertiary and quaternary healthcare institutions in metros, tier I and tier II cities. India consists of a large pool of well-trained medical professionals and the cost of surgery in India is less compared to the other countries which is about one-tenth of that in the US or Western Europe. The increase in advanced technological and digital adoption in Indian healthcare market will witness a three times growth over the next few years. India healthcare industry infrastructure and expenditure continues to rise with more diversification and opportunities. The country is the world’s leading destinations for high-end diagnostic services with huge capital investment for advanced diagnostic facilities, vast opportunities in R&D and medical tourism. The Indian government is focussed on advanced medical technology, well trained medical professionals, new policies to reduce tax and creating new drug-testing laboratories to attract global consumers. 88% of the antiretroviral drugs used for treatment of AIDS (Acquired Immuno Deficiency Syndrome) are supplied by Indian pharmaceutical firms. 70% of the rural population in India will demand for sophisticated health services. Healthcare in India is concentrated around urban areas where consumers have higher spending power. India also possesses AYUSH (Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy) treatment as an alternative medicine to the people and has 3,600 hospitals and 26,000 dispensaries across the country. According to Health Care Industry Analysis, India is a land full of opportunities for players in the medical devices industry. India healthcare industry is one of the fastest growing sectors and in the coming 10 years it is expected to grow at a constant rate. The country has also become one of the leading destinations for high-end diagnostic services with tremendous capital investment for advanced diagnostic facilities, thus catering to a greater proportion of population. Besides, Indian medical service consumers have become more conscious towards their healthcare upkeep. India is witnessing a continuing rise in communicable diseases and a spurt in non-communicable or lifestyle diseases. As a result the disease burden is growing on ageing population. In Indian rural areas, mobile technology and improved data services are playing a critical role in improving healthcare delivery. Despite possessing advanced and digital technology, India’s healthcare sector faces a lot of challenges due to less government spending and consumers’ spending from their personal savings compared to the other countries which offer healthcare support to their citizens. The private healthcare sector dominates healthcare delivery across the country. The majority of the population living below the poverty line depend on public healthcare centres which are not fully equipped unlike private healthcare centres. India has the world’s second-largest population and it is increasing drastically every year. Therefore, the already existing healthcare infrastructure is not enough to cater to the growing demands of the increasing population. The central and state governments in India offer universal healthcare services, free treatment and essential drugs at government hospitals. However, almost all the public hospitals are understaffed and under-financed which forces patients to visit private medical practitioners and private hospitals. Indian government contribution to insurance is very less compared to the other countries. Majority of the consumers spend on healthcare from their savings or from their pocket and most of them do not possess a health insurance. Health Care Industry Research and Market Reports helps to assess ways to improve the quality of healthcare in India, the government needs to boost rural development, advanced medical infrastructure and macroeconomic stability. Healthcare in India should be uniquely balanced to undergo a change at all its stages such as prevention, diagnosis, and treatment so that no single entity in the healthcare sector can work in isolation. Increasing disposable income, health awareness, increased lifestyle diseases and access to insurance would be the key contributors to growth in Indian healthcare sector. Over 58,000 job opportunities in healthcare sector are expected to be generated by the year 2025. To know more, click on the link below: https://www.kenresearch.com/healthcare/general-healthcare/SC-91-64.html Related Report: https://www.kenresearch.com/healthcare/medical-devices/india-healthcare-it-market-research-report/527-91.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91-9015378249 Post Views: 5 Tags: Health Care Business Review, Health Care Industry Analysis, Health Care Industry Research and Market Reports, Health Care Industry Research Report, Health Care Market Research Reports, Health Care Market Research Reports Consulting, India Drug Industry Analysis, India Drug Market Forecast, India Generic Drug Industry Forecast, India Generic Drug Market Research Report, India Health Care Industry Research Report, India Healthcare Industry Analysis, India Healthcare Market Research Reports, India Pharmaceuticals & Healthcare Forecasts, Market Research Reports for Health Care, Market Research Reports for Healthcare in India, Technological Advancements in Healthcare Industry in India