Trends in the Healthcare Sector

The Indian Healthcare business is estimated to be around Rs. 73,000/- crores, growing at the rate of 13% annually; and with health care insurance opening up, these numbers are expected to balloon.
The delivery of Healthcare today is undergoing revolutionary changes and information technology is emerging as an important tool responsible for major changes in this industry:

  • Large corporate hospitals are integrating IT into their processes and systems, thus enabling their hospitals to gain a competitive advantage.
  • Pharma companies, cosmetic surgery clinics, and weight loss institutes and gyms have also set up IT embedded health sites to promote their products and services
  • E-commerce in the medical sector in the Western countries has established itself as a viable business model .
  • Increasing desire of younger Indian medical and IT professionals to use modern technology to improve performance.
  • Increased accessibility in India to a wider population with the advent of the internet and declining cost of computers

Rise in Health Informatics