The Indian healthcare industry is a goldmine for investors
Indian Healthcare Industry is widely spread and provides services to about 1.3 billion people. Even with great advancements and innovations are taking place, there are many other problems that still exist. The nation spends 3.6% of its GDP on healthcare sector, which is less than the 9.9% global average. Only about 29% of hospitals are situated in rural regions, which are badly affected by the poor infrastructure.
In addition, there are insufficient medical professionals in India for assistance whereas there is only one physician for every 1,457 people and one nurse for every 670 people. Moreover, the telemedicine business is expected to increase at an exponential rate, hitting at the target of $5.5 billion by the year 2025. Technological innovations and creative start-ups have the potential to completely transform the country's access to the best healthcare facilities and better provision as well.
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