HELATHCARE,
INDIA HELATHCARE LANDSCAPE: POISED FOR A STELLAR GROWTH SUPER CLONE ROLEX WATCHES

Today Globally, India stands out as a booming healthcare destination.The credit goes to the constituents coming up together & working symbiotically, various interrelated silos working together. The healthcare picture clearly extolls how each of its shades arecontributing and supplementing in a unique way & adding up to a very encouraging story. The Hospitals/Nursing Homes (20%), Medical Equipment’s(15%)/Clinical Lab diagnostics (30%), Imaging Diagnostics (30%), Health Insurance, Medical Tourism (30%) and various allied sectors (40%) all are growing at rates higher than the overall economic rate. While traditional institutions and platforms continue to generatestrong business, it is the new emerging models that are stealing the show and are disrupting the market. The segment is witnessing unprecedent response to the new lifestyle patterns and delivery models. Gamut of upcoming players are either providing new technology or offering the established services embellished in modified forms to suit the rapidly evolvingchanges in society. The methodology offered is unique, diverse and cost effective as the market is mature to reward volumes given its huge size & capacity to absorb limitless offerings. Globally well-established PE firms are showing strong interest in Indian Healthcare market. The hospitals/pharmacy/diagnostic segments are now witnessing operations based on a highlyefficient models both financially and operationally. There is a welcome differentiation & optimal convergence in business management and healthcare delivery. The parameters for defining operating and financial metrics’ are well defined and compliance to these metrics is the new success mantra. The traditional physician focused models are being replaced by market driven model. The names of the board members are secondary now to the customers acquired, retained and new geographies scaled. In perspective is a major healthcare chain in North India which has been acquired by a PE firm. The focus now is on transformation and unlocking value. Efficient utilization of assets both human and material is in focus. The liabilities which had a poor bearing on the bottom-line have been aggressively scavenged. Another emerging trend is the advent of smaller and specialized hospitals. These facilities are focused on single or few related specialties such as eye, dental, obstetrics, minimal access surgery or Orthopaedics. There are diabetes clinics and standalone nephrology centres. Online diagnostic and pharmacy business has boomed in the recent years with many new pharmaceuticals delivery companies leveraging their customer accessibility by clubbing pathology samples tests to medicine delivery. Lastly Artificial Intelligence and Internet of Medical Equipment’s has ushered new steps and may completelytransform the functioning of healthcare in India. Medical equipment’s would automatically alert the doctors, dependence on manual interference would minimize. 24X7 monitoring, diagnosis and drug delivery would be done through perfect coordination between various internet connected equipment’s and all the stakeholders including physicians, patient, attendant and paramedics would be on one common platform to gauge patient wellbeing. It would not be wrong to say that India has arrived on the Global Healthcare Horizon.