Shiva Singh Sangwan’s Post

Listed out the % breakup of sectors in the market cap across countries to compare with India. One sector stood out - Healthcare. All major economies we are competing with have Healthcare companies with double digit market cap %, while we are at 4%. Firstly, as we grow, we can't afford to lose the productivity of our workforce. The simplest of things we can do to help growth. And secondly, we can't not take care of our ageing population (130 mil elder population today, which will be 260 mil in the next 10-12 years) - who might otherwise need govt support. Which will stress our public finances. Just these 2 simple precautions will avoid a few pitfalls in our bid to become a developed nation over the next few decades. Which is why, I guess, we'll see more healthcare companies listing and going public in India. We're already seeing more founders building for healthcare, and some of these, in an ideal world, should do well, and create value for the economy and investors who back them. Through Rainmatter by Zerodha Health we are doing our bit by supporting the founders building in the wellness space. Dilip Kumar is the man you'd want to speak with if you want to reach out. Or you can also reach out on health@rainmatter.com. Here is our Health portfolio - https://lnkd.in/gJXs_exg

𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐄𝐱𝐩𝐞𝐧𝐝𝐢𝐭𝐮𝐫𝐞 (𝐆𝐇𝐄) as a percentage of GDP in India is on an upward trajectory, with expectations to reach around 3.2% of GDP by FY33. 📈 This increase in GHE is anticipated to correlate with a rise in GDP per capita, indicating a positive outlook for government investment in #healthcare.🚀 Discover how #diagnostics are revolutionizing India's healthcare landscape in our comprehensive #report.⚕️ Read it here🔗https://lnkd.in/gmRXvEYW #PraxisReport #FutureofDiagnostics #IndianDiagnostics #Innovation NATHEALTH - Healthcare Federation of India FICCI ASSOCHAM (The Associated Chambers of Commerce and Industry of India) National Accreditation Board for Hospitals & Healthcare (NABH) National Health Authority (NHA) National Accreditation Board For Testing and Calibration Laboratories (#NABL)#NABL)#NABL)

Healthcare Crisis in India: A Nation Aspiring for Growth, but Falling Short on Basics As India aims to become the world’s 3rd largest economy, it's essential to question the foundations we are building upon. Economic progress is meaningless if basic healthcare remains inaccessible to millions. A recent report from the Times of India sheds light on a grim reality: the waiting period for an MRI scan at AIIMS, Delhi, can stretch up to three years for non-VIPs. For individuals like Joydip Dey, a 52-year-old BPL patient, this isn’t just a delay; it’s a life-altering barrier. Unable to afford private care, his treatment has come to a halt. Such stories are not rare—AIIMS sees over 15,000 patients daily, and diagnostic imaging requirements often face delays ranging from six months to three years. This is despite healthcare being a fundamental right and a critical aspect of human dignity. How can we celebrate becoming the 5th largest economy when our citizens are denied timely healthcare? If we continue to fail at providing basic health resources, what message are we sending to our people and the world? It’s time we prioritize investments in healthcare infrastructure, equipment, and personnel to bridge this glaring gap. Every Indian, regardless of their economic status, deserves access to timely and quality healthcare. Growth is not just about GDP—it’s about the well-being of our people. Let’s spark a conversation and work collectively towards a more inclusive and equitable healthcare system. #HealthcareCrisis #IndiaGrowthStory #InclusiveDevelopment #HealthcareForAll #MRIWaitTime #EconomicProgress #SocialResponsibility

Healthcare expenses have become more manageable as Out-of-Pocket Expenditure in India has fallen below 40% for the first time! From 2013-14 to 2021-22, India saw Out-of-Pocket Expenditure (OOPE) drop from 64.2% to 39.4%, while Government Health Expenditure (GHE) surged significantly to 48%. This historic shift in health policy, driven by increased public spending, continues to ease the financial burden on families. #HealthForAll #NewIndia #HealthPolicy

Government health spending in India increased from 1.13% of GDP in 2014-15 to 1.84% in 2021-22, with its share of total health expenditure rising from 29% to 48%. Read more at https://lnkd.in/ge4PkvPR #health #government #IBT #IBTInsights

Wicked problems often lead to disruption! A wicked problem in India is how to provide healthcare to a large population with access, affordability, and quality. India is far from having its own blue zone. 𝐖𝐡𝐲 𝐢𝐬 𝐭𝐡𝐢𝐬 𝐚 𝐰𝐢𝐜𝐤𝐞𝐝 𝐩𝐫𝐨𝐛𝐥𝐞𝐦? Low doctor-to-patient ratios, healthcare infrastructure gaps, and affordability. Health-tech companies are beginning to understand this and have started to democratize access to healthcare, this was seen especially during the pandemic, with solutions that are scalable and affordable. However this has since reduced to uberization of heath-tech in India. Still a lot of key gaps still remain in India’s Health-tech set-up: 1️⃣ Companies have not been able to adequately address the deep infrastructural and digital divide between urban and rural areas. 2️⃣ Health-tech companies have not yet developed a comprehensive, scalable solution for consolidating patient data across providers. 3️⃣ Providing affordable healthcare to the bottom of the pyramid. 4️⃣ Expanding reach via public-private partnerships To truly disrupt healthcare in India, the goal should be to create our own blue zone in the next 20 years—regions where people can live healthier, longer lives. Do you think it’s possible to create a blue zone in India? #HealthcareInnovation #DigitalHealthcare #WickedProblems #InclusiveHealthcare #AffordableHealthcare

India has made remarkable strides in many areas, but when it comes to healthcare investment, we’re falling behind our BRICS counterparts. With just about 2.1% of GDP allocated to healthcare, the gap is glaring. This underinvestment shows in our infrastructure, access to quality care, and overall public health. The pandemic was a harsh reminder of how fragile our system can be. It’s time we start prioritizing healthcare—not as an expense, but as the foundation of our nation’s growth. A healthy population drives a strong economy, and we owe it to ourselves to do better. The question is: Are we ready to demand the change we need? #Healthcare #India #InvestInHealth #BRICS

How much does India spend on healthcare compared to the rest of the world? 🇺🇸 US - 16.6% 🇨🇦 Canada - 12.2% 🇬🇧 UK - 11.3% 🇮🇳 India - 2.1%🤯 With the size of our population, spending on healthcare is still low. This leads to: → Long waiting lists Median waiting time for a general consultation is ~30 minutes in Public hospitals. For specialized treatment - it can even take >3 hours! → Rising healthcare costs Over 7% of our country’s population slides into poverty every year just because of increasing healthcare costs. → Skewed reach More than 75% of healthcare infrastructure is concentrated in urban areas, despite housing only 27% of the population. Hence, infusion of funds into healthcare becomes of utmost importance. This video by Clix Capital caught my eye. It is a story about Dr. Faizal who wasn’t able to treat his patients well because he couldn’t get access to a CT Scan machine in the district. Clix Capital helped in financing the machine allowing hundreds of people of his hometown to get access to the latest medical care. This is just one example of how giving access to healthcare outside urban India can impact millions of lives. The Indian economy is in a phase of progression. And, in this phase - investing in our human capital i.e. healthcare and education will be crucial. I see a lot more spending coming into this space. And with that, a lot of opportunities. Agree? #india #healthcare #financing #HarJazbeKeLiye #Collab

India is leading the global brain drain chart according to a report from Statista. Usually it’s because of better financial compensation, quality of life, and access to better healthcare infrastructure and healthcare R&D. The real question is, “Can India afford to do that?” NO, right? So, it’s high time for the policymakers and authorities to sit with stakeholders, and sort this out ASAP. Source: https://lnkd.in/gFs-yyhT

Dilip Kumar Breaking down the data by state reveals a varied picture. Some states with more advanced healthcare infrastructure significantly outperform the national average. To address these disparities, the government needs to increase healthcare spending, aiming to gradually raise it from the current less than 2.6% of GDP to 5% and eventually 8%. This focused investment would help balance the availability of hospital beds and improve the patient-to-doctor ratio across all states. Given our experience with travelling patients, we understand the unique challenges they face. Unlike tourists, these patients have specific needs when travelling for medical treatment. To support them effectively, we are developing a comprehensive health stack tailored specifically for travelling patients.