Over the past decade, India has achieved significant milestones in the realm of public health, marking notable progress in enhancing life expectancy, curbing fertility rates, and mitigating maternal and child mortality rates. The country has made focused efforts to meet the targets set under Sustainable Development Goals (SDGs). Moreover, India has witnessed a discernible enhancement in the proportion of resources allocated to the public sector, reflecting a commitment to bolstering the nation's healthcare infrastructure.
Despite significant improvements in healthcare, India still lags behind many other developing countries in providing quality healthcare to its citizens. By 2029, India's population is projected to reach 1.5 billion, making it the world's most populous nation, surpassing China. This population growth brings twin challenges: a rapidly increasing geriatric population, expected to reach 230 million over next10-12 years, and a shifting disease pattern with a rising prevalence of both communicable and non-communicable diseases. To meet the desired healthcare infrastructure and access, India's total healthcare spending needs to increase to 6-7% of GDP.
The FICCI Health Services Committee, established in 2006, has been instrumental in fostering collaboration among stakeholders to build the foundation for high-quality healthcare through various initiatives. Factors such as increasing awareness, higher insurance penetration, and demographic shifts are expected to drive the growth of the healthcare sector in India.
- Standard Treatment Guidelines (STGs) for tertiary, secondary and primary care
- National Costing Guidelines
- Categorisation of healthcare providers
- Standardization of quality indicators
- National Electronic Health Records
- Innovation in Healthcare
- Non-communicable diseases
- Bridging the skill gaps and
- Advocating quality through accreditation of hospitals and laboratories
- Provide recommendations for policy change and regulatory reforms
- Promote and disseminate information on Quality Assurance Mechanism
- Facilitate streamlining of sectoral issues amongst stakeholders
- Develop white papers on relevant issues with stakeholder consultation
- Provide Networking and collaboration Platform
Healthcare has become one of India's largest sectors, both in terms of revenue and employment. The sector has grown at a compound annual growth rate (CAGR) of 22.52% between 2016 and 2022. The Indian healthcare market, which was valued at US$ 110 billion in 2016 is now projected to reach US$ 638 billion by 2025.
The Government of India, through its National Health Policy and with wide-ranged central schemes and programs, has been playing a crucial role in achieving the progress for the healthcare goals. The country has witnessed a transformative shift in healthcare policy and practice with government’s ambitious initiatives aimed at strengthening healthcare infrastructure across the country.
All these initiatives are complemented through collaborations with the private sector, non-profit organizations, healthcare start-ups and international partners, who have been instrumental in expanding access to advanced medical services, fostering innovation in healthcare delivery, improving healthcare outcomes and promoting health equity across the country.
For the healthcare sector to achieve sustainable growth, a well-defined partnership between the government and the private sector is crucial.
Team Leader
Shilpa Sharma
Consultant
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FICCI HEAL 2021
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10th Annual Health Insurance Conference
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Recommendations HEAL 2016
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FICCI Report on Critical Illness - Amended and Additional Definitions for the Indian Market
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Advantage Health Care - India 2015
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FICCI HEAL 2012
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Roundtable on "Developing Capacities to Tackle Chronic Diseases"
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Evidence Based Medicine: A Peek in Inevitable Journey for India
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FICCI HEAL 2011:'From Dis-ease to Health-ease'
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FICCI Healthcare Excellence AWARDS 2011:'Successful Innovations'
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Seminar on "Nursing and Allied Health: Collaboration opportunities between India and UK"
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Workshop on Health Insurance in Latin America:Lessons for India
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FICCI HEAL 2010
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Healthcare For All: Global Standards With Local Touch
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Seminar on Medical Care in Gujarat: Current Scenario and Future
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Health Insurance Workshop
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FICCI HEAL 2009 - Future of Healthcare: Integration, Inclusion & Quality
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Public – private partnership for universal, affordable and quality healthcare
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Standardisation Initiatives by The FICCI Health Insurance Committee
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Fostering Quality Healthcare For All
ExploreFICCI HEAL 2008: Recommendations for the Road Ahead
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FICCI HEAL 2008 : Fostering Quality Healthcare For All
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