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B&E Indicators
 
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B&E Indicators

Issue Date - 12/05/2011
 
Indian healthcare spend remains low
Though healthcare has emerged as one of the most progressive & largest service sectors in India over the last few years, the country’s healthcare spend still remain significantly low when compared to the developed and other similar emerging economies across the globe. In fact, the Indian healthcare spend, at 4.1% of GDP, is less than half the global average when compared on a “% of GDP” basis.

 
Private sector scores over public sector
The healthcare spend, when compared on the basis of public-private contribution, too depicts a skewed picture. While, on one hand, the private sector (which has increased accessibility & penetration over the last few years) contribution to the healthcare sector in India is amongst the highest in the world (in % terms), public spending, on the other hand, is amongst the lowest in the world – about 23% lower than the global average.

          

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