Social Infrastructure Analysis for the Indian Healthcare IndustryFrost & SullivanJuly 6, 2007 33 Pages - SKU: MC1526924 |
| Countries covered: India Indians have become increasingly healthy since the mid 1990s, as is evident from the improvements in almost all commonly used healthcare indicators such as maternal mortality ratio (MMR), life expectancy, infant mortality, and death rate. This is mainly due to the country’s economic and social transformation as well as a rise in the standard and quality of medical services and its greater accessibility. The Government has been emphasizing on the development of the healthcare industry, especially, its infrastructure. To this end, it has collaborated with the private sector as well as initiated healthcare-related programs such as e-Health and telemedicine. Numerous family welfare and healthcare programs such as national disease control receive considerable funding from several bilateral and multilateral donor agencies. The social and infrastructural development plays a critical role in the development of this industry. General demographic trends greatly impact this demand-driven industry and increased industry-specific infrastructural developments provide added impetus. India is experiencing a continuous increase in life expectancy and a decline in the birth rate. This trend is expected to persist over the next couple of years. The increased importance given to medical and technical education by the Government has resulted in a qualified labor force, which bodes well for the country’s potential as a healthcare outsourcing hub. There are significant growth opportunities in stem cell biology, biofuels, and bioinformatics, while rigorous R&D efforts will aid in the development of advanced treatment for several debilitating diseases. A possible shortage in the number of hospital beds (considering the rising healthcare needs) will compel the industry to consider the use of remote patient monitoring systems. Frost & Sullivan’s Healthcare Country Industry Forecast service provides vital inputs for evaluating the attractiveness of a country and its healthcare industry. Besides enabling decision makers to assess the impact of non-market forces, it also helps in identifying new market opportunities. This service provides a strong base for preparing contingency plans. In addition, investors can assess industry-specific risk factors as well as conduct a more in-depth micro research. Benefits of this Service Identify New Market Opportunities The future trends of the social and infrastructural environment of India have been analyzed along with their impact on the healthcare industry. This research service will provide valuable information to industry participants on opportunities in specific segments of the industry. Understand Future Industry Trends The research service gives an insight into the Indian healthcare industry, discusses its dependence on the prevailing social and labor scenario, and forecasts its future environment. This will help industry participants to gauge the future direction of the market, enabling them to devise appropriate strategies to improve market share. Comprehend Policy and Regulatory Environment A detailed analysis of the social infrastructural and labor framework of the Indian healthcare industry offers insights into the labor parameters and infrastructural issues as it exists and the future direction of the same. Devise Country Entry Strategies The research service provides valuable information and analysis of the strengths and weaknesses of the social, labor, and infrastructural developments of India, which are relevant for the healthcare industry. This is particularly useful in devising country-specific strategies for industry participants. Evaluate Industry Segment Potential This study offers detailed coverage of labor and demographic developments affecting the industry and their future direction. It provides both country and industry trends and forecasts for major variables and is an excellent tool for companies that plans to enter new geographic markets. This will help corporate planners in developing accurate business strategies and enhance credibility to planning company resources. |
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