INDIAN HEALTHCARE 2030 AND BEYOND

The year 2019 has been a difficult phase for India'shealthcare sector. The sector experienced some headwinds, with regulators bringing in stringent policy interventions such as price cap for med devices and conducted surprise raids for quality checks etc.

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We also saw some private healthcare businesses struggled to stay afloat as organisations battled to balance cost and profitability. The investment scenario in healthcare was also affected.

Nevertheless, the good news is that industry analysts, health economists, investment experts and the government all seem to foresee a promising future in the next decade. The healthcare market is estimated to reach $ 372 billion by 2022, states the IBEF report.

Moreover, the Ministry of Health & Family Welfare is planning to further enhance its healthcare budget to 2.5% of GDP by 2025. The Indian Government has also developed a Sustainable Development Goals (SDG) targeted to be achieved by 2030. This is an attempt to ensure health, end poverty and ensure prosperity and peace for the people. As part of this agenda, one of the SDGs focusses strongly on health. It aims to promote the healthy living and well-being for people of all age groups by eradicating all forms of malnutrition and achieving universal access to safe drinking water, hygiene and sanitation.

On the private healthcare front, analysts anticipate a surge in investments. The rising adoption of digital technologies, automation and more will be the key drivers for growth.

Express Healthcare 20th anniversary special issue 'Healthcare 2030 and beyond' looks at various aspects that will enable India progress on the world health map. It will cover trends shaping the future healthcare landscape to attain sustainable health systems; emerging technologies; new age healthcare and medical education news, new research requirements, environmental health issues, integration of healthcare services; health financing, economics and insurance; patient-based care and empowering the patient and new models of care.

Surfing the health data deluge with CDSS