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Summary

The Economic Times Healthcare Business Summit

Engineering The Flow of Healthcare

World welfare begins with people’s welfare, and health is an important component of it. And in line with this global principle, India is laying great emphasis on health.

In India, amongst the other recession proof markets, Healthcare is one such sector that has gained increased importance in the last few years. Rising income level, greater health awareness, increased precedence of lifestyle diseases and improved access to insurance would be the key contributions to growth of this sector. Also, presence of world-class hospitals and skilled medical professionals has strengthened India’s position as a preferred destination for medical tourism.

The Indian healthcare sector is expected to reach Rs 19, 56,920 crores by 2020. The sector is expected to generate 40 million jobs in India by 2030. 100,000 jobs are expected to be created from Ayushman Bharat, the National Health Protection Scheme. As of June 12, 2019, number of sub centres reached 168,418 and number of Primary Health Centres (PHCs) increased to 33,476.

"Health is the most important thing you have in life!"

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