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Indian Healthcare Industry Analysis

Indian Healthcare Industry Analysis
  • India is filled with infinite possibilities for every individual in the medical products industry along with their growing services. based on  Indian Healthcare Industry Analysis  India’s healthcare market is among the fastest developing sectors. It is likely to reach $275 billion in the coming decade.

Our country, India has also become one of the leading places for high-end diagnostic solutions with tremendous capital expenditure for advanced diagnostic services, therefore catering to a larger proportion of the population. Likewise, Indian medical assistance consumers have grown to be even more attentive towards their healthcare preservations.                                                                       

Indian healthcare zone is a lot of assorted filled with opportunities in each portion which includes providers, payers, and medical technologies. With the upsurge in the competition, companies are looking forward to exploring the most recent dynamics and trends that may have a positive effect on their organizations.

Current Healthcare industry statistics  based on Indian Healthcare Industry Analysis :

India’s rapid population growth is also witnessing its increases in diseases which further affecting its population with various dreadful diseases. India has seen 60% of deaths till the year 2015 due to various types of diseases which are not cured due to poverty.

Healthcare has become one of the major sectors in many years but only in the aspects of revenue, employment and marketing across the world.

Government Initiatives for the advancement of HealthCare system:

Here are the some of the main initiatives taken by the Government of India to market and endorse Indian healthcare sector are listed as the following:

Source: https://www.ibef.org/

  • India’s first ever helicopter based “Air Dispensary” is going to launch by the Ministry of Development of Northeast Region (DONER) in the Northeast. It has contributed Rs. 25 Crore (US$ 3.82 million) as its funding to date.
  • The Intensified Mission Indradhanush (IMI) offers been released by the federal government of India with the purpose of improving protection of immunization in the country to reach every kid under 2 years of age and all of the pregnant women who are unable to be a section of the routine immunization programme.
  • National Nutrition Mission (NNM) has been approved by the Union Cabinet setting up with a three year budget of Rs 9,046.17 crore (US$ 1.40 billion) to monitor, supervise, fix targets and guide the nutrition values related interpositions across the Ministries around the country.
  • The Government of India targets to increase the total health expenditure to 2.5 % of Gross Domestic Product (GDP) by 2025 from the current 1.15% of GDP.
  • Mr. J. P. Nadda, The Union Minister of Health and Family Welfare, Government of India, launched initiatives namely Laqshya, for Labour Room Quality Improvement, also a mobile application for safe delivery of pregnancy women, and operational guidelines for obstetric high dependency units (HDUs) and intensive care units (ICUs) for better treatments.
  • In March 2018, the Union Cabinet of India approved the continuation of National Health Mission, budget costing of Rs. 85,217.00crores (US$ 13.16 billion) from 1st April 2017 to 31st March 2020.
  • In April 2018, the Government of India approved to sign Memorandum of Understanding (MoU) with the BRICS countries medical agencies for cooperation in the field of medical products and healthcare market.
  • In April 2018, the Indian government apprised the signing of Memorandum of Agreement (MoA) between India and World Health Organisation (WHO) to facilitate in improving public health in India.
  • In May 2018, the Government of India approved financial outlay of Rs 14,832crores (US$ 2.30 billion) for FY2017-18 to FY2019-20.
  • In May 2018, the Government of India approved Rs 1,103 crore (US$ 170.14 million) for setting up All India Institute of Medical Sciences (AIIMS) in Deoghar, Jharkhand.
  • In June 2018, the Ministry of Health and Family Welfare signed a Memorandum of Understanding (MoU) with the Norwegian Ministry of Foreign Affairs through the Norway India Partnership Initiative (NIPI) from 2018-2020, the cooperation is aligned with National Health Policy 2017.

Startup’s initiative to overcome Healthcare Challenges in India:

The whole healthcare sector has to face numerous challenges to reach everyone’s need in this huge populated country where poverty is the major problem.

The startups across the country are sustainably trying to serve 1.3 billion populated countries to keep every citizen safe and healthy.

Here are few factors which are affecting health industry and degrading its performance leading to not serving the people in the right path.

  • Not spending enough money on the healthcare services or products.
  • Division and difference between urban and rural areas.
  • Many zonal areas with very poor infrastructure.
  • Lack of awareness on health insurance and its benefits among people.
  • Importance to home-remedies and preventing cure among themselves without doctors assistance.
  • No proper diagnosis and treatment of the disease in small places.

Various startups took initiative to end these problems and providing a new and healthy life to the public in their respective areas all over the country.

Deadly diseases in India from last 5 years:

The Global Burden of Diseases studied Indian diseases and released it in the year 2017. According to its study, 328 diseases in 195 countries are killing people for various reasons. India is leading in this major health factor. India has been immensely affected by a variety of diseases. Few of the major diseases are listed below.

  • Tuberculosis (TB)
  • Chronic Obstructive Pulmonary Disease (COPD)
  • Diarrhoeal diseases
  • Cerebrovascular diseases
  • Lower Respiratory Tract Infections (LRI)
  • Diabetes
  • Chronic Kidney Disease (CKD)
  • Cancer
  • Neonatal preterm birth?
  • Ischemic Heart Disease (IHD)
  • Heart Attack

India is also affected by these factors:

  • Road injuries
  • Self – harm
  • Depression
  • Sense organ disease
  • Migraine
  • Skin Diseases
  • Iron-deficiency
  • Low Back and Neck pain
  • Anxiety
  • Other musculoskeletal disorders   

Your Health is our Concern

Diabetes in India Statistics in Last 5 Years:

India is leading with its highest number of Diabetic patients in the world from past 5 years. According to a survey Asians are more likely to have 2-4 times high risk of diabetics compared to White Europeans. Indian people are at more exposure towards diabetics in coming years.

  • 70 million people are affected with diabetics up-to-date.
  • Around 47.3% in 70 million Indian people are undiagnosed due to lack of awareness, treatment and proper medication for diabetes.
  • 10.3% of adults are suffering from different types of diabetics. Country’s apex research organization study says that this ratio will be double in next decade.
  • The International Diabetes Federation blueprints that the number of diabetes patients in India will escalate to 123 million by 2040.
  • Diabetes has emerged as the major cause of deaths from the past decade. Institute of Health Metrics & Evaluation confirms that 2005 India is in the 11th place and in 2016 its place is 7th in the world metrics.
  • In the 2017 year, According to the International Diabetes Federation, Diabetes Atlas, 10.4% of the population is having a diabetic prevalence between the ages of 20 to 70 with type 1 and type 2 diabetics.
  • In a survey conducted by the World Health Organization (WHO) diabetes are more likely found among low and middle-income or class people in various countries including India.
  • Diabetes is currently affecting 143 million people globally.
  • A report from the UK study done by Lancet Diabetes Endocrinology abstract states, around 12-18% of South Asian people is getting affected by diabetes every year compared to 5-11% of Europeans.
  • 12% (US$ 673 billion) of Global health expenditure is spent on treating diabetes, a study by the International Diabetes Federation.

The major factor behind diabetes is excess weight and the lifestyle every individual follow. To get rid of these deadly diseases one must follow a perfect Vegetarian Diet plan for weight loss.

Indian Cancer Statistics in Last 5 Years:

Cancer has been a growing threat in India. Though, the numbers of cancer cases are estimated to be low compared to other countries. According to Indian population census data, the rate of cancer cases is around 80,6000 in the last decade.

Major types of cancer affected in India for men and women:

For Men:

  • Lip, oral cavity cancer
  • Lung Cancer
  • Stomach Cancer
  • Colorectum Cancer
  • Pharynx Cancer

For Women:

  • Breast Cancer
  • Cervix Cancer
  • Ovary Cancer
  • Colorectum Cancer
  • Lip, Oral Cavity Cancer

Other Cancer Types:

Few Statistics in the past decade:

According to Indian Healthcare Industry Analysis :

  • India occupied third place in cancer affected countries after China and USA with 4-5% every passing year.
  • Women with cancer are approximately 0.7 million. Women are more attacked with cancer disease compared to men.
  • 1-1.4 million people are undiagnosed or not registered each year.
  • Around 50 kids per day die in India due to Cancer. Larger than 20% of Childhood cancer deaths happen only in India. At least 70,000 kids between the age of 4 – 14 are diagnosed from 16 different types of cancer.
  • India ranks in the top 2 countries among mortality of women with cancer. Women affected with ovarian cancer are in first place and women induced with the only breast and cervical cancer is 1.6-1.7 times larger than maternal mortality is in second place globally.
  • According to E&Y in association with Ficci Flo, in 2015, breast cancers (19%), cervix uteri (14%) and ovary (7%) contributed to 40% of all cancer incidences among women in major states such as Kerala, Tamil Nadu and Delhi with highest cases.
  • An Indian-based study declared, screening of pre-detection of cancer ranges by 1.5-2 times.
  • By 2025, the cancer cases would raise from 110 per 1 lakh population to 190-260 per 1 lakh cases.
  • In India, new cases of cancer are diagnosed over 10 lakh people every year. The late diagnosis is leading to the death of over 7 lakh people each year.
  • Indian Council of Medical Research (ICMR) projects that India is likely to have over 17.3 lakh new cases of cancer and over 8.8 lakh deaths due to the cancer disease by 2020.
  • The Death rate among men – 2,00,100 and women – 3,95,400 including various types of cancers. Cancer cases in India as per year are listed as:
    • 2014 – 1328229
    • 2015 – 1388397
    • 2016 – 1451417

The main cause of cancer deaths is found to be overweight which is leading to late detection of cancer and incurable situation. Following proper Diet plan for weight loss will help in living a happy and healthy life.

 Heart Disease in India Statistics in Last 5 Years:

Heart Diseases are often attacked irrespective of various factors as:

  • Age
  • Gender
  • Geographical Location

Few Cardiology Statistics:

  • As per the reports of The International Congestive Heart Failure (INTER-CHF). 23% of the Indian population with heart attack does not survive and India tops in various Cardiology diseases.
  • Another study by All India Institute of Medical Sciences (AIIMS) and Indian Council of Medical Research (ICMR) declared as India's younger population under the age of 30 is a great heart risk.
  • A survey suggests that more heart failures are possible in low and middle – income families where they lack in awareness about cardiology and do not follow proper medication on time.
  • Majority of people who suffer from cardiomyopathy and heart attack are in the age group of 40 to 60.
  • Globally, Ischaemic heart disease caused about 9.48 million deaths in 2016 with a drastic increase in 19% globally since 2006.

A report released on September 15, 2017 by the Global Burden of Disease Report, Heart diseases are still leading the causes of death in India, killing 1.7 million Indians in 2016.

  • India is facing the emerging challenge of non-communicable diseases, as the chronic obstructive pulmonary disease, cerebrovascular disease, and many other heart diseases which have been increasing over 10 years till 2016.
  • In India, approximately 30 million heart patients are registered among which 14 million are from urban areas and 16 million are from rural areas. Around 2 lakh surgeries are performed successfully every year.
  • Over the last few years, Kerala with a death rate of 12.2% is topping in the list of heart diseases in the country listed by a study conducted by the Indian Council of medical research (ICMR), Public health foundation of India (PHFI) and Institute for health metrics and evaluation (IHME),.
  • Along with Kerala, the high risk of heart diseases is from Tamilnadu and Goa.
  • In 2016, 37.8% of deaths are reported between the age group of 40 to 69 years were due to cardiovascular diseases. 45.7% of deaths reported are above the age group of 70 years were due to cardiovascular diseases.

To get rid of these types of dreadful diseases, one must get habituated for the healthy and organic lifestyle by following a perfect Diet plan for weight loss.

Best Hospitals in Hyderabad:

This list of best hospitals in Hyderabad treats their patients with the latest technology, new innovative methods, 24/7 nursing facility, emergency facilities, to keep their patients safe and secure by giving them a new life with their never-ending success stories.

These hospitals are renewed their brand for their usage of updated equipment’s, technology, treatment types, medication process, patient-friendly environment, 24/7 chemist, emergency services and many other factors.

Top 10 Tips to Live 100Years Healthy:

Living healthy is everyone’s right. To lead a healthy life in this century one must follow a few do’s and don’ts according to their lifestyle, age, and other universal factors. In fact, here we are going to suggest major factors to living a long life.

1. Laughter is the great source of healthy life, do laugh and make others too.

2. Limit your carving from stored, ready-made, junk food.

3. Opt yourself for healthy, organic, fresh and natural foods.

4. Follow the proper diet plan for every meal.

5. Do not depress yourself, depression is the major disease affecting people worldwide.

6. Do not rely on only medication; keep yourself safe and healthy with remedies.

7. Avoid excess consumption of alcohol, smoking, usage of unhealthy drinks.

8. Take proper medication time-to-time in case of any disease affected to cure.

9. Weight control is the major aspect every individual should follow.

10.Control intake of salt, sugar and other substances which harms your body.

Online Healthcare market in India:

Online health portals are increasing their market every passing day by reaching more number of effective people in less time and providing them with their needed services.

These online healthcare portals are helping many people to reach their desired doctor by gaining perfect solution.

The upcoming online portals like Practo, Credihealth, Lybrate, Plus100Years are making their own brands in the health market with their respective struggle to serve a larger number of people in less time without any failure.

Features of Online Healthcare portals:

  • Online Doctor’s appointment
  • 24/7 chat services
  • Their own apps to engage with a majority of people at any time
  • Health Blogs
  • Doctors portfolio
  • About best hospitals with the latest treatments

The Specialty of Plus100Years healthcare portal:

  • Online Doctors appointment
  • Schedule appointments according to the user convenience
  • 24/7 chat service
  • Latest blogs on various diseases and health issues
  • Tips and Home-remedies to cure or control different diseases
  • Personalized diet plans from industry experienced dieticians

Note: All the above statistics as per Indian Healthcare Industry Analysis only

Human life is the God’s precious gift! Do not spoil with your carelessness. Live a healthy life which always makes you happy and peaceful!

Live Long Happily and Healthily!

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