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Overview of the Healthcare Industry in India - Brandnexa
Overview of the Healthcare Industry in India

Healthcare has become one of the largest sectors in India over the years; both in terms of employment and revenue. All the hospitals, clinics, clinical trials, medical devices, telemedicine, health insurance, medical equipment, outsourcing along with the medical tourism make up the healthcare sector.

Overview of the Healthcare Industry in India

One of the challenges faced by the healthcare sector is that the services provided by private healthcare professionals are generally inaccessible by the rural section of the population. Lack of awareness is another challenge. There is a disparity in terms of accessibility to services and medicines between the urban sector and the rural sector. There is also the matter of affordability by the rural population for the healthcare services provided. Overcoming these challenges is an uphill task. Measures are constantly being taken to alleviate some of these problems. The public healthcare system focuses on providing basic healthcare services through the use of primary healthcare centres (PHCs) that are set up in rural areas; whereas the private healthcare system focuses on the metros, tier I and tier II cities with the use of secondary, tertiary and quaternary care institutions (clinics and hospitals).

Institutions such as All India Institute of Medical Sciences (AIIMS), Apollo Hospitals Enterprise Limited, Fortis Healthcare Limited, Thyrocare Technologies Limited and such others provide the services including telemedicine, clinical trials, diagnostic services, healthcare delivery, medicare, pharmaceuticals and so on.