Healthcare Summit 2016
Growth in Indian Healthcare – Where do the investment opportunities lie
India encompasses around 16% of the world’s population and accounts for 21% of the worldwide burden of disease. It is no surprise then, that healthcare accounts for approximately 4.2% of national GDP and the total spending in healthcare is projected to rise at over 12% annually, to an estimated $140 billion in 2018.
However, despite multiple initiatives and increased spending’s by the government, larger masses in India even today are devoid of timely, quality and standardized healthcare.
Startups see a huge opportunity in this demand and supply gap, both as social cause and a business case. No wonder, the healthcare industry saw 95 startup deals with investment of $281 Million from january 2015 to till date. While till now, approach by startups has been more customer centric and focused to felicitate doctor appointments, efficient information management system and online pharmacies; trend suggests that future will see models in corporate tie-ups, medtech and virtual diagnostic & preventive care.
However, there are also set of challenges that hinder growth of startups. Investment and technology are foremost. Understandably, with the large number of start-ups coming up every day, how does the investor distinguish and recognize the ones with the true potential? Also, how to make sure that technology enables affordable and reliable access? Further, how can startups work on sustainable scaling of existing successful business models? How to bridge the skills gap that is a major crisis for the healthcare industry in general? And finally, despite so many companies being successful, why do only a handful of Indian players expand globally? Such and many more of these questions will be answered at the VCCircle Healthcare Summit 2016
Website URL: http://events.vccircle.com/content/vccircle-healthcare-investment-summit-0