Healthcare The Indian heathcare industry, growing at a CAGR of 15% is expected to touch US$ 250 billion by 2020. Driving growth factors are rising population, increasing disposable income, incr easing lifestyle related health issues, cheaper treatment costs, thrust in medic al tourism, improving health insurance penetration, government initiatives and f ocus on public private partnership (PPP) models. Most Indian metros have hospitals with world-class infrastructure, processes and outcomes. However, 70% of the healthcare infrastructure is confined to the top 20 cities of India. In order to reach the remaining population, innovations both in healthcare products and delivery are required. Healthcare systems predominantly differ in means, methods and approach, but all confront mediocre health outcomes and a steeply escalating cost curve that is un sustainable in the long term. Offering affordable healthcare without compromisin g access to care or quality requires innovative new products and care options. Healthcare in India today provides existing and new players with a unique opport unity to achieve innovation, differentiation and profits. In the next decade, in creasing consumer awareness and demand for better facilities will redefine the c ountrys second largest service sector employer.PwC understands the healthcare sys tem as well as the dynamics that drive it. Ours is an industry aligned, market f ocused practice to provide greater value addition and more effective solutions f or our clients.
HealthcareThe Indian heathcare industry, growing at a CAGR of
15% is expected to touch US$ 250 billion by 2020.Driving growth
factors are rising population, increasing disposable income,
increasing lifestyle related health issues, cheaper treatment
costs, thrust in medical tourism, improving health insurance
penetration, government initiatives and focus on public private
partnership (PPP) models.Most Indian metros have hospitals with
world-class infrastructure, processes and outcomes. However, 70% of
the healthcare infrastructure is confined to the top 20 cities of
India. In order to reach the remaining population, innovations both
in healthcare products and delivery are required.Healthcare systems
predominantly differ in means, methods and approach, but all
confront mediocre health outcomes and a steeply escalating cost
curve that is unsustainable in the long term. Offering affordable
healthcare without compromising access to care or quality requires
innovative new products and care options.Healthcare in India today
provides existing and new players with a unique opportunity to
achieve innovation, differentiation and profits. In the next
decade, increasing consumer awareness and demand for better
facilities will redefine the countrys second largest service sector
employer.PwC understands the healthcare system as well as the
dynamics that drive it. Ours is an industry aligned, market focused
practice to provide greater value addition and more effective
solutions for our clients.
