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Innovative and sustainable healthcare management: Strategies for growth
Conference background note
August 2012 www.deloitte.com/in 2
Contents
Current perspective on Indian healthcare
4
The complex healthcare challenge: The need for innovations
6
Framework for understanding innovations in healthcare management
8
Driving sustainability of innovations
15
Way forward
16
References 17
Contacts 18
Innovative and sustainable healthcare management: Strategies for growth Conference background note
3
Current perspective on Indian healthcare Indian Healthcare: An Overview
The healthcare industry in India is currently valued at more than US$ 70 billion and is projected to grow further to reach US$ 280 billion by 20202. With a healthy CAGR of 21% (for the period 2010-20), healthcare as an industry in India has emerged to become one of the most promising and progressive sectors in recent times.
Exhibit below shows the current and projected size of the
Indian Healthcare Industry (in USD Billion)2
280
1 ndian Healthcare : The
I
Growth Story [http://www. indianhealthcare.in/index. php?option=com_content&vi ew=article&catid=131&id=16 8%3AIndian+Healthcare:+Th e+Growth+Story] 2 ibid
3 ource: http://www.
S
whoindia.org/en/Section20/
Section385_1095.htm
100
35
2010
2015
2020
Exhibit below shows the changing disease burden in India –
1990 and 20203
Non Communicable
29%
NonCommunicable
Communicable
56%
57%
Injuries
15%
Injuries
19%
The growth of the healthcare industry has been fuelled largely by the growing and ageing population, rising economy, increasing income levels and changing disease burden, especially towards lifestyle diseases.
Besides having an overall high disease burden
(21% of the world’s disease burden3), the share of non-communicable diseases and injuries in India is expected to rise to 76% of the overall disease burden by
20303. This will be a major
Conference background note
August 2012 www.deloitte.com/in 2
Contents
Current perspective on Indian healthcare
4
The complex healthcare challenge: The need for innovations
6
Framework for understanding innovations in healthcare management
8
Driving sustainability of innovations
15
Way forward
16
References 17
Contacts 18
Innovative and sustainable healthcare management: Strategies for growth Conference background note
3
Current perspective on Indian healthcare Indian Healthcare: An Overview
The healthcare industry in India is currently valued at more than US$ 70 billion and is projected to grow further to reach US$ 280 billion by 20202. With a healthy CAGR of 21% (for the period 2010-20), healthcare as an industry in India has emerged to become one of the most promising and progressive sectors in recent times.
Exhibit below shows the current and projected size of the
Indian Healthcare Industry (in USD Billion)2
280
1 ndian Healthcare : The
I
Growth Story [http://www. indianhealthcare.in/index. php?option=com_content&vi ew=article&catid=131&id=16 8%3AIndian+Healthcare:+Th e+Growth+Story] 2 ibid
3 ource: http://www.
S
whoindia.org/en/Section20/
Section385_1095.htm
100
35
2010
2015
2020
Exhibit below shows the changing disease burden in India –
1990 and 20203
Non Communicable
29%
NonCommunicable
Communicable
56%
57%
Injuries
15%
Injuries
19%
The growth of the healthcare industry has been fuelled largely by the growing and ageing population, rising economy, increasing income levels and changing disease burden, especially towards lifestyle diseases.
Besides having an overall high disease burden
(21% of the world’s disease burden3), the share of non-communicable diseases and injuries in India is expected to rise to 76% of the overall disease burden by
20303. This will be a major
References: from the Private Sector, Bhattacharya et. al, Health Research Policy and Systems, 2010, 8:24, with no alternatives?, Judith Richter Society for International Development, 2004