Healthcare Market in India

Indian healthcare has demonstrated phenomenal growth and is now one of the leading sectors-both in terms of revenue and employment.

The healthcare market can become US$ 372 billion by 2022. There is a significant scope for enhancing healthcare services considering that healthcare spending as a percentage of Gross Domestic Product (GDP) is rising. The government’s expenditure on the health sector has grown to 1.4 per cent in FY18 from 1.2 per cent in FY14. The Government of India is planning to increase public health spending to 2.5 per cent of the country's GDP by 2025.

The game changer can be Pradhan Mantri Jan Arogya Yojana (PMJAY), world’s largest government funded healthcare scheme launched by GOI to provide health insurance worth Rs 500,000 (US$ 7,000) to over 100 million families every year.

The current VUCA (Volatile, Uncertain, Complex and Ambiguous) environment will lead to extra ordinary challenging opportunities. In this chaos, collaborative leadership will be the mantra of success in Healthcare Industry, we will build strong fundamental of trust amongst senior healthcare leaders to enable them to deliver sustainable profitable growth.

About India Healthcare Leadership Forum

IHLF fosters collaborative exchange among top healthcare leaders in India. This is an incredible opportunity to network, share, and learn. Invaluable networks built by and for senior healthcare leaders to drive innovative ideas, validate strategies and solve critical leadership challenges through peer-to-peer collaboration.