Abstract

The healthcare industry in India has come a long way from the days when those who could afford it had to travel abroad to get highly specialized services such as cardiac surgery, while others had to do without it. Today, patients from neighboring countries in Asia are coming to India to receive specialized medical treatment. Not only is India meeting international standards, but at prices that compare very favorably with developed countries. The report takes a look at the healthcare industry in India, how it has evolved, the innovations that have taken place in the industry, the emerging trends and the opportunities for the future. Through a few significant players in the industry, the report examines the competencies that India has developed in healthcare. It explores how these healthcare providers are endeavoring to provide services to India's vast and widely spread population, through innovative methods.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Understand how the healthcare industry in India has evolved
• Understand the emerging trends in the healthcare industry
• Understand the innovations that are happening in the industry
• Understand the competencies developed by certain healthcare providers
• Understand the growth opportunities the industry has created

Keywords

Healthcare Industry, Medical Tourism, Telemedicine, Amrita Institute of Medical Sciences, Aravind Eye hospitals, Apollo Hospitals, Hub and Spoke Model, Diagnostic Centers, Medical Insurance, Primary Healthcare, Tertiary Healthcare, Secondary Healthcare, Hospital Information System, C K Prahalad, Dr. V.