India holds potential to generate $774 bn revenue from healthcare by 2030 – Report
A recent report by Aspire Circle has stated that India holds potential to generate $774 bn revenue from healthcare by 2030. The report findings have further indicated that with an investment of $217 billion, the country can create 12 million jobs in healthcare and allied sectors, which can impact 1.5 billion lives by 2030.
In his statement, Amit Bhatia, Founder of Aspire Circle & Creator – Impact Future Project shared that “Indian healthcare will become the second most attractive investment sector this decade, behind food, agri and agriTech but ahead of BFSI, financial inclusion & fintech”. He further averred that “Covid-19 has thrown open India’s health infrastructure fault-lines and both entrepreneurs and investors are on an epic mission to convert the crisis into an investment opportunity”.
The report has also outlined country’s top ten outstanding investment ideas include: preventive and primary healthcare; pharma, drug, and vaccine manufacturing; screening, diagnostics, and testing; affordable healthcare and operational efficiency; medical tourism; e-healthcare and telecare; health insurance and innovative impact financing; e-pharmacies; medical workforce education and skilling; and gene therapy.
These investment ideas are being shaped by new-age technologies, innovative business models, delivery platforms and regulatory environment.
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