Healthcare(CureXpress)
Advantages in India
ATTRACTIVE OPPORTUNITIES
STRONG DEMAND ( jumped from $40 billion in 2021 to an expected $130 billion in 2030,
with projections hitting $450 billion by 2047)
POLICY AND GOVERNMENT SUPPORT
RISING MANPOWER
THE HEALTHCARE MARKET FUNCTIONS THROUGH FIVE SEGMENTS
*MEDICAL INSURANCE = Medical insurance market in India is about USD
12.86 billion in 2022
HOW DO INSURANCE COMPANIES MAKE MONEY
Insurance companies base their business models around assuming and diversifying risk. The
essential insurance model involves pooling risk from individual payers and redistributing it across
a larger portfolio. Most insurance companies generate revenue in two ways: Charging premiums
in exchange for insurance coverage, then reinvesting those premiums into other interest-
generating assets. Like all private businesses, insurance companies try to market effectively and
minimize administrative costs.
HEALTHCARE SECTOR GROWTH RATE
PER CAPITA EXPENDITURE GROWTH
Notable trends in the Indian healthcare sector
Shift from communicable to lifestyle diseases
Most lifestyle diseases are caused by high cholesterol, high blood pressure,
obesity, poor diet and alcohol
Expansion to Tier II and Tier III cities
To encourage the private sector to establish hospitals in these cities, the
Government has relaxed taxes on these hospitals for the first five years.
Emergence of telemedicine
the remote delivery of healthcare services over the telecommunications
infrastructure.
.
Telemedicine – let’s make it clear
Live Videoconferencing (Synchronous) – two-way interaction between a patient
and a healthcare provider using audiovisual telecommunications technology.
Store-and-Forward (Asynchronous) – transmission of a patient’s medical
information through an electronic communications system to a care provider
without a real-time interaction.
Remote Patient Monitoring (RPM) – personal health and medical data
collection from an individual outside a medical facility via electronic
communication technologies. The collected data is transmitted to a healthcare
provider (hospitals, clinics, living facilities, etc.) for use in care and related
support.
Rising adoption of artificial intelligence (AI)
AI expenditure in India is expected to reach US$ 11.78 billion by 2025 and add
US$ 1 trillion to India’s economy by 2035. The AI in Healthcare
Market is projected to grow from $14.6 Billion in 2023 to $102.7 Billion by 2028.
Rising adoption of AI-based applications has enabled people to talk directly to
doctors, and physicians, and get expertise for the best
Treatment
Introduction of digital vaccine delivery platform
Indian healthcare sector is poised to grow :-
1. GROWING DEMAND
• Rising income and affordability.
• Growing elderly population, changing
disease patterns.
• Rise in medical tourism.
• Better awareness of wellness,
preventive care and diagnosis
2. POLICY SUPPORT
▪ Encouraging policies for FDI in the private sector.
▪ Reduction in customs duty and other taxes on life-saving
equipment.
▪ NRHM allocated US$ 10 billion for healthcare facilities.
▪ National Health Insurance Mission to cover entire population.
AYURVEDA
The Indian ayurvedic products market was valued at INR 748.5 Billion in
2023
India's Ayurveda product market is projected to reach $16.27 billion or Rs
1.2 trillion by FY28 from $7 billion or Rs 57,450 crore at present, according
to a study.
OPPORTUNITIES IN HEALTHCARE
India’s pharmaceutical market is in transition. Known primarily for
producing and exporting generic drugs to other countries, India’s
pharma market is on the cusp of multiple policy changes and
increasing adoption of technology by healthcare professionals,
particularly doctors, and domestic pharmaceutical brands and
new digital health apps are poised to benefit.
A $50 billion industry in 2023, India’s pharma market is expected
to grow at roughly ~8% compounded annually over the next five
years.
Innovation in pharma tech typically falls into three categories:
research and development (R&D), clinical trials, and sales and
marketing. Today, we see sales and marketing tech as the most
significant current opportunity in India’s pharma tech market,
given the scale of its addressable profit pool and industry shift to
leveraging digital channels for pharmaceutical sales and
marketing.
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SEASONAL SECTORAL GROWTH
MAJOR FOCUS:-
COSMETICS MARKET
FITNESS SUPLIMENTS
MEDICINES
MEDICINES
Different types of medicine:-
1. ALLOPATHIC - A system in which medical doctors and
other health care professionals (such as nurses,
pharmacists, and therapists) treat symptoms and
diseases using drugs, radiation, or surgery
2. HOMEOPATHIC - Homeopathy is an alternative medicine
based on the theory of treating 'like with like'.
Homeopathy claims to stimulate healing responses to
diseases by administering substances that mimic the
symptoms of those diseases in healthy people. The
effectiveness of homeopathic preparations is disputed within
medical science
3. AYURVEDIC- The ancient Indian medical system, also
known as Ayurveda, is based on ancient writings that
rely on a “natural” and holistic approach to physical
and mental health
Consumption trend
MONSOON CAN AFFECT THE REVENUE OF PHARMACY
Top pharma companies
50 Most used drugs
Vitamin D (Drisdol, Calciferol)
Amoxicillin (Amoxil, Biomox, Polymox)
Levothyroxine (Synthroid, Euthyrox, Levoxyl, Unithroid)
Lisinopril (Prinivil, Zestril)
Ibuprofen (Advil, Motrin)
Amphetamine/dextroamphetamine (Adderall, Adderall XR)
Amlodipine (Norvasc)
Albuterol HFA (Ventolin HFA, Proair HFA, Proventil HFA)
Prednisone (Deltasone, Rayos, Prednisone Intensol)
Gabapentin (Neurontin)
Benzonatate (Tessalon Perles)
Alprazolam (Xanax)
Cyclobenzaprine (Fexmid)
Azithromycin (Zithromax Z-Pak)
Atorvastatin (Lipitor)
Cetirizine (Zyrtec)
Losartan (Cozaar)
Amoxicillin/clavulanate potassium (Augmentin)
Cephalexin (Keflex)
Metformin (Riomet)
Metoprolol succinate ER (Toprol XL)
Folic acid (Folvite)
Hydrochlorothiazide (Microzide)
Sildenafil citrate (Viagra, Revatio)
Trazodone (Desyrel, Oleptro)
Zolpidem tartrate (Ambien)
Escitalopram oxalate (Lexapro)
Clonazepam (Klonopin)
Methylprednisolone (Medrol)
Tadalafil (Cialis)
Methocarbamol (Robaxin)
Fluconazole (Diflucan)
Sertraline (Zoloft)
Doxycycline hyclate (Vibramycin, Acticlate, Targadox)
Furosemide (Lasix)
Fluoxetine (Prozac)
Metronidazole (Vandazole, Metrogel, Flagyl)
Freestyle Libre
Omeprazole (Prilosec)
FeroSul (ferrous sulfate)
Sulfamethoxazole/trimethoprim (Bactrim)
Phenobarbital (Luminal, Solfoton)
Armour Thyroid (desiccated thyroid)
Bromphen/pseudoephedrine/dextromethorphan (Bromfed
DM)
Metoprolol tartrate (Lopressor)
Meloxicam (Mobic)
Pantoprazole sodium (Protonix)
Lisinopril/hydrochlorothiazide (Zestoretic)
Estradiol (Estrace, Climara, Minivelle)
Famotidine (Pepcid, Pepcid AC, Zantac 360)
Most Commonly Prescribed Children’s Medications -
https://www.verywellhealth.com/the-30-most-prescribed-drugs-in-
pediatrics-2633435
Most Common Medication for older adults - https://www.webmd.com/healthy-
aging/common-medications-for-older-adults
AYURVEDIC
12 Powerful Ayurvedic Herbs and Spices with Health Benefits
Ashwagandha
Boswellia
Triphala
Brahmi
Cumin
Turmeric
Licorice root
Gotu kola
Bitter melon
Cardamom
Precautions
Bottom line
COMPANIES INVOLVED IN AYURVEDA
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GYM SUPPLIMENTS
Supplements are dietary supplements commonly used by those involved in
bodybuilding, weightlifting, mixed martial arts, and athletics for the purpose of
facilitating an increase in lean body mass.
INDIAN SUPPLIMENTS MARKET SIZE- The India dietary supplements market size
reached INR 157.4 Billion in 2023. Looking forward, IMARC Group expects the
market to reach INR 491.4 Billion by 2032, exhibiting a growth rate (CAGR) of
13.49% during 2024-2032.
Myths about supplements in India
India Whey Protein Companies
Agropur US
Glanbia PLC
Fon Arla Foods Amba
terra Group
LACTALIS Ingredients
Titan Biotech
Charotar Casein Company
Euroserum
Proteinwale
Medisysbiotech Private Limited
WHY PEOPLE ARE AFRAID TO BUY SUPPLEMENTS ?
Authenticity issue
Lack of trusted sources to purchase
Lack of knowledge
Orthodox mentality