Over the last few years, India’s healthcare infrastructure has seen major transformation. One of the primary triggers of this transformation has been the pandemic. The pandemic challenged the industry by stretching the need for infrastructure and service delivery to maximum limits. India emerged as a great example and pioneers in managing the crisis. This further set the stage for more investments and innovation to deal with future life-threating diseases, pandemics and growing the country’s healthcare and life sciences sector.
Presently, India's healthcare infrastructure is diverse and encompasses a wide range of facilities, from primary healthcare centres to tertiary care hospitals. Our healthcare system, one of the largest in the world, is expected to grow to USD 50 billion by 2033. This, being driven by increasing investment from both public and private players.
But what gives India a competitive edge over others?
India boasts of a large pool of well-trained medical professionals, including doctors, nurses and paramedical staff, many of whom are globally recognised for their expertise. Their presence makes establishment of healthcare facilities and the quality of service an easy given.
This also raises opportunities for medical tourism, with people from all over the world choosing to get procedures done in India, by renowned medical practitioners.
Another benefit in India is its cost-competitiveness. The cost of medical services in India is significantly lower than in other developed countries, making it a popular destination for medical tourism.