An analysis of the Indian healthcare industry

Kiran Sharma

Abstract


Currently, one of India's main industries is healthcare (in terms of rev-enue and employment). The public and private sectors make up the two main components of the Indian healthcare delivery system. The government, or public healthcare system, concentrates on providing primary healthcare centres (PHCs) in rural regions while reserving a small number of secondary and tertiary care facilities in major cities. The bulk of secondary, tertiary, and quaternary care facilities are run by the private sector, with a concentration in Tier I and Tier II cities and metro areas. India's competitive advantage is its vast pool of highly educated medical specialists. In comparison to its rivals in Asia and the West, India is also cost-competitive. Surgery in India costs around a tenth of what it does in the US or Western Europe.

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