Reviving trends for healthcare economy
Bio Spectrum|September 2020
Reviving trends for healthcare economy
While COVID-19 has wreaked havoc on the larger economy, the healthcare sector is no exception. With healthcare sector experiencing operating loss to the tune of Rs 14,000 to 24,000 crore for the first quarter with private sector reporting a 90 per cent drop in revenue, it has been a roller-coaster of a ride so far.

Dr Dharminder Nagar, Member- FICCI Health Services Committee and Managing Director, Paras Healthcare, Gurugram

How are we going to revive the sector once the virus goes away? The following measures or trends could revive the healthcare economy

It is expected that the health expenditure as a proportion of Gross domestic product (GDP) is likely to go up from 1.29 to 2.5 per cent by 2025. This would give an all-round stimulus to the sector with spill over effects across the entire value chain and the allied segments.

articleRead

You can read up to 3 premium stories before you subscribe to Magzter GOLD

Log in, if you are already a subscriber

GoldLogo

Get unlimited access to thousands of curated premium stories, newspapers and 5,000+ magazines

READ THE ENTIRE ISSUE

September 2020