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Scope of Healthcare Industry & Market Research on Healthcare Ecosystem Existing in Mumbai
Presented By: Harsh Shah (PG-C:45)
Religare Technova
Holding company for the IT business of ReligarePursues aggressive business interests globally in financial services, health care, diagnostics and aviation industryReligare Technova’s Umbrella includes
Religare Technova Global SolutionsReligare Technova IT Services LimitedReligare Technova Business Intellect Ltd
Present in 10 countries & employees base of 2000Focuses on Banking and Financial Services, Insurance, Capital Markets and Health Sciences
Executive Summary
Huge growth predicted for IHI by 2020 to the tune of US$20 bnExperienced an outstanding growth of 12% over past 4 yearsAlthough its not enough to meet the demands of the populationStatistics (1 million die & 700million has no access)The study revolves around the info. of medical professionalsThe report is a Health Information Systems Plan (HISP)Ratio of a medical service provider to citizen is very lowHard to locate a Medical service provider in urgent times.This is where HISP comes into the picture
Market Size and Growth Prediction
Source: Ernst & Young Analysis, Business Line: 2009
Health Information Systems Plan (HISP)
Provides information about medical service providersHelps in monitoring and improvement for the Health of massesFacilitates interaction between medical stakeholdersApart from internet, Info. also available over voice and SmsOne Stop Healthcare SolutionProvides connectivity with health care service providersMaintenance of electronic health care records
SWOT Analysis
SWOT Analysis
Research Objective
Study the market potential of Healthcare sector Comparative study of different key players in Healthcare sectorComparative study between General Practitioner and other doctor’s specializationProvide technical support to strengthen data analysis and use of information at all levels of health care delivery.Provide a convenient facility to patients to avail information
Research Methodology
Population: All Medical practitioners in Khar W & Santacruz WSampling Techniques: Convenience + SnowballingSampling size:360 ( Doctors, Hospitals, Ambulance, Clinics etc.)Research Period: 6 weeksResearch Instrument: QuestionnaireContact Method: Personal InterviewData Collection Technique
Primary Source : Data collected from respondents Secondary Source : Data collected from internet & Magazines
Sample Size Distribution
Medical Council’s Distribution
Distribution of Doctor’s Specialization
Chemist’s Working Days
Distribution Of Methods of Report Collection
Findings
More doctors available in evening then morningRegional language helps in better interaction.General Physician more in numberPoor bed to patient ratio Patients more keen in upgrading themselves to newer technologyYoung doctors more inclined towards HISP Labs apprehensive about SLR labs(owned by Religare)No Credit Card paymentsFees differ depending upon the socio economic class of patientFewer Clinics & Doctors interested in setting up their website
Conclusion
In spite of grim outlook, future of healthcare is brightLots of opportunity in this sector like HILS HILS will change the face of Healthcare sectorAll info related to HCS would be available with ease to consumerMaintenance of electronic health recordsMedical support tools also availableWill take the nation to new heights with this technology It is like, one stop solution for all medical and healthcare support
Hence Termed asONE STOP HEALTHCARE SOLUTION
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