[email protected] – From Heal in India to Heal by India…, Health News, ET HealthWorld

India@2047 – From Heal in India to Heal by India…

Through Ashwajit Singh

While India celebrates 75 years of independence and the beginnings Amrutkaalits healthcare system, enriched by a 5000-year heritage, has much to offer the world.

From disease eradication to pioneering health initiatives, the country has seen major strides in healthcare. Known today as the Pharmacy of the World, India has earned global prominence in the industry by becoming the largest generic drug manufacturer and vaccine supplier by volume, and by launching Ayushman Bharat-PMJAY, the world’s largest public health system, built on it aims to cover the ground 50% of the people in the country.

Now, on the cusp of its centenary, expectations are high for a healthier, more resilient India. Let’s find out how…

extension of infrastructure
According to the 2022 Economic Survey, India’s public health expenditure was 2.1% of GDP in 2021-22, below the 5% baseline target, against the OECD average of 8% and above. While some health professionals have highlighted the need to increase public health spending to support healthcare transformation, others have stressed the need to have alternative financing models to ensure Universal Health Coverage (UHC) for all.

The recent success of public-private partnership (PPP) models in Indian healthcare, particularly with COVID-19, presents an opportunity to offer affordable and accessible healthcare to all. With an ever-widening SDG funding gap (from US$2.5 trillion in 2020 to US$4.2 trillion in 2021), PPPs can play a key role in further expanding the country’s healthcare infrastructure for more resilient and resilient healthcare delivery . This is where the role of forums like NATHEALTH, which engage private healthcare providers, becomes crucial to drive private sector investment to create a resilient healthcare ecosystem.

The USAID-funded blending facility SAMRIDH serves as a leading example in India. It combines public, private, and philanthropic resources to provide market-driven healthcare solutions that enable access to quality healthcare in Tier 2 and Tier 3 cities. It has so far mobilized a pool of over US$300 million for its agenda of sustainable, resilient and innovative healthcare in India.

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It is also expected that the growth of PPP models will reduce the doctor-patient ratio by providing medical staff and expanding their skills for high-quality healthcare services. The private sector can be engaged in continuing education programs for medical staff. India can leverage its demographic advantage to create a robust healthcare infrastructure that will survive the 21st centurySt century economy. Just by training 5 million doctors, nurses and technicians, the sector can earn $100 billion a year.

Arogya Bharat
India intends to achieve UN SDG Goal 3.8 of universal health coverage to have its population disease-free, systems resilient and citizens empowered to meet current and future health challenges. And has been working toward it since independence. This is most fully reflected in the doubling of life expectancy from 32 years in 1947 to 70.9 years in 2022. Its large-scale programs including Pulse Polio Immunization, National Leprosy Eradication Program, National Rural Health Mission, Mission indradhanush, etc. along with the hygiene commitments under the Swachh Bharat Abhiyan have earned a place among the outstanding global health success stories. These have also contributed significantly to lowering infant and maternal mortality rates across the country.

Treasury Economic Survey 2020-’21 highlighted that the share of out-of-pocket payments in total healthcare spending in India will fall from 65% to 30% as government healthcare spending increases from 1% to 2.5%-3% of GDP. A number of health insurance companies are now grouped under Ayushman Bharat-PMJAY (AB-PMJAY).

AB-PMJAY’s active push toward a continuum of care model that shifts the locus of care towards primary and preventive care is revolutionary. This model recognizes the many skills of primary care physicians, like primary care physicians, to stop the disease from occurring. It also places an emphasis on prevention rather than cure and global standard protocols to help India be better prepared for emerging future disease patterns. Holistic, personalized healthcare, spanning neglected areas such as geriatric health, mental health, etc., will support disease prevention and treatment sooner than 2047.

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digital health
The current rapid technological developments also favor progress in healthcare. As an extension of AB-PMJAY, the Ayushman Bharat Digital Mission (ABDM) is also focused on laying the foundations for a digitally enabled healthcare infrastructure for a future-ready India.

The rapid increase in the usage and convenience of digital data management and information systems makes the integration of big data and healthcare inevitable in the near future. With R&D, this aims not only to make diagnosis and treatment efficient, but also to make the overall health patterns in India easily understandable and predictable. An indication of this is the recent boom in connected and wearable health devices such as Bluetooth-enabled watches, implants, etc., which will help individuals monitor their personal health needs and develop predictive and preventive models in the future.

However, this far-sighted vision needs to be supported by widespread penetration of digital technology with an emphasis on equal access. Fortunately, India’s digital divide is expected to narrow significantly by 2047 as rural access to the internet continues to accelerate.

Globalization of Indian Healthcare
India is fast becoming the world’s preferred medical tourism destination, with talks already underway on major health projects – ‘Heal in India’ and ‘Heal by India’.

The pandemic has disrupted the traditional global supply chain. However, it also presented opportunities for countries like India to drive new integrations into the global economy. The global recognition CoWIN received validated India’s digital healthcare capabilities. initiatives like Vaccine Maitri not only helped India on the geopolitical front, but also opened up new opportunities for the sector to access resources, collaboration and knowledge at the height of the pandemic.

With its high growth potential in data analysis, device and equipment manufacturing, drug studies, etc., the country can enter into mutually reinforced partnerships with the developed world in the future and share expertise on current and projected health challenges to become the global hub of health services.

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Healthcare Innovations
Increased government FDI easing in healthcare projects may introduce game-changing healthcare innovations. The private startup ecosystem is already a domestic leader in leveraging the latest technology through the use of AI, IoT, robotics and data analytics to support existing healthcare solutions, improve access and reduce costs. With more than 3500 startups in India in 2021, public and private investment in technology-enabled solutions facilitating remote diagnosis and counselling, wellness and early detection is already gaining ground. The healthcare technology market in India is expected to grow at 39% annually over the period FY20-FY23 and reach US$50 billion by 2033.

Public and private institutions can continue to work together to set up accelerators and incubators to foster innovative discourse on healthcare in the country. An increased focus on “Make in India” and “Invest in India” can also increase existing profits in the pharmaceutical and manufacturing sectors.

With almost 1.7 billion people; As life expectancy increases and the proportion of young people decreases by 2050, changing demographic and lifestyle patterns will require preventive healthcare to reduce out-of-pocket healthcare spending. India is already working towards this.

And as it pledges to be developed by 2047, far-sighted policies, along with the willingness and ability to spend on healthcare, will be critical to defining the quality of our future in order to achieve the [email protected] aspirations to fulfill.

Ashwajit Singh, Founder and Managing Director, IPE Global

(DISCLAIMER: The views expressed are solely those of the author and ETHealthworld does not necessarily endorse them. ETHealthworld.com shall not be liable for any damages caused to any person/entity, directly or indirectly.)

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