According to healthcare management & research institute, IIHMR Bangalore the health care sector’s revenues in Karnataka are projected to shoot up to US$ 30 billion by 2020 from the current US$5 billion odd – the biggest contributor to this growth will be Bangalore.
Dr. Biranchi N. Jena, Director of IIHMR Bangalore, said, “The Indian private health care industry is expected to grow from around US$ 40 billion currently to $ 280 billion by 2020. Overall, there is a huge shortage, running into a few lakhs, of health care staff across all levels in all states of India in the public and private space. There are an estimated 600 private hospitals in Karnataka, barring small and medium clinics. There is a current requirement of around 1500 hospital management professionals in the state, but due to non-availability of qualified professionals, they find it difficult to manage. This scarcity of quality health care professionals will increase further in a big way in coming years as existing hospitals modernise and expand and many more new ones of global standards are set up. We at IIHMR foresee that over 10,000 hospital management professionals will be needed by 2020 to meet this growing gap.”
The Indian healthcare sector is facing shortages in terms of workforce and infrastructure. Our country is also facing pressure due to the poor reach of quality healthcare to crores of its citizens due to problems like access and affordability. There are around 1.65 trained allopathic doctors and nurses per 1000 population, the World Health Organization (WHO) recommended guideline of 2.5 per 1000 population. Total hospital bed density in the country at about 0.9 per 1000 population is well below the global average of 3.0 and the WHO guideline of 3.56.
Total healthcare expenditure in India was only 3.9% of GDP, compared to 8.9% for Brazil, 6.2% for Russia and 5.2% for China. Out of this amount, out-of-pocket expenditure accounts for 61% of spend and only 26 per cent of Indians are covered by health insurance. By 2020, an estimated 97 million Indians will be aged 60 or older, up from about 64 million in 2010. The number of diabetes cases is expected to increase from nearly 65 million in 2013 to 100 million by 2030. Thus, hospitals need a greater management thrust to ensure that our young and productive nation doesn’t get affected by mismanagement of health care.
Dr. Biranchi N. Jena, Director of IIHMR Bangalore, said, “The Indian private health care industry is expected to grow from around US$ 40 billion currently to $ 280 billion by 2020. Overall, there is a huge shortage, running into a few lakhs, of health care staff across all levels in all states of India in the public and private space. There are an estimated 600 private hospitals in Karnataka, barring small and medium clinics. There is a current requirement of around 1500 hospital management professionals in the state, but due to non-availability of qualified professionals, they find it difficult to manage. This scarcity of quality health care professionals will increase further in a big way in coming years as existing hospitals modernise and expand and many more new ones of global standards are set up. We at IIHMR foresee that over 10,000 hospital management professionals will be needed by 2020 to meet this growing gap.”
The Indian healthcare sector is facing shortages in terms of workforce and infrastructure. Our country is also facing pressure due to the poor reach of quality healthcare to crores of its citizens due to problems like access and affordability. There are around 1.65 trained allopathic doctors and nurses per 1000 population, the World Health Organization (WHO) recommended guideline of 2.5 per 1000 population. Total hospital bed density in the country at about 0.9 per 1000 population is well below the global average of 3.0 and the WHO guideline of 3.56.
Total healthcare expenditure in India was only 3.9% of GDP, compared to 8.9% for Brazil, 6.2% for Russia and 5.2% for China. Out of this amount, out-of-pocket expenditure accounts for 61% of spend and only 26 per cent of Indians are covered by health insurance. By 2020, an estimated 97 million Indians will be aged 60 or older, up from about 64 million in 2010. The number of diabetes cases is expected to increase from nearly 65 million in 2013 to 100 million by 2030. Thus, hospitals need a greater management thrust to ensure that our young and productive nation doesn’t get affected by mismanagement of health care.
