India's healthcare system might struggle to keep pace by 2030, says report
Indian
healthcare system will "struggle to keep pace" in 2030 when
140 million Indian households are expected to enter the middle-class,
said a report by Bain & Company report on Tuesday.
The
healthcare
industry will face challenges due to a rapid increase in patient
volume accompanied by pricing and margin pressures, said the India
Life Sciences Report 2019, which was conducted among 325 doctors.
The
report, done in collaboration with Confederation of Indian Industry
(CII), said the demand from "developed rural" areas along
with the increase in middle-class households will drive about
two-times hike in healthcare consumption. PM Narendra Modi's flagship
scheme Ayushman Bharat, which was launched in September 2018 to
provide 500,000 poor people annual health cover of Rs 500,000, is
also likely to increase healthcare demand.
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