We are excited to release our white paper on “Revolutionizing Indian Healthcare: Innovation-led Equitable Growth” at event ‘The 3rd Healthcare Summit 2024 on “Revolutionizing Indian Healthcare: Embracing Innovation, Expanding Care, Transforming Outcomes” organized by ASSOCHAM in New Delhi on 24th October, 2024. SMC developed a publication that was released at the event.
The white paper highlights the Indian healthcare sector entering a transformative phase marked by strong public and private growth. It emphasizes depth of fundamental growth momentum across public and private healthcare. While Government programs such as Ayushman Bharat are advancing universal healthcare, the private sector continues to demonstrate robust growth, with leading hospitals planning to add 30,000 beds, fueled by record-breaking mergers and private equity investments totalling $5.6 billion in FY23. Innovation and digitization are expanding access and improving care quality. Key steps for sustaining this momentum include targeted skill-building to bridge gaps between urban and rural healthcare, incentives for sustainability, and increased venture capital for life sciences to drive long-term innovation. With these efforts, India is set to enhance both healthcare accessibility and outcomes nationwide.