Healthcare industry to grow 3 times by 2022: Dr Vardhan

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Union Health Minister Dr Harsh Vardhan

 Rohit Shishodia
India's Health Minister Dr Harsh Vardhan has lauded the efforts of the country's private health sector in time of Covid 19 and also it's cooperation in eradication of polio from India.

Interacting with experts of CII in a video conference, the minister reminded that private organizations like CII, Delhi Chamber of Commerce and Rotary Club had come forward to bear the expenses and made it a huge success.

Dr Vardhan said, “The Indian healthcare industry is one of India’s largest sectors in terms of revenue and provision of employment, and with its market projected to increase three-fold to Rs. 8.6 trillion by 2022, it is necessary that steps be taken that will allow stakeholders to converge within the industry.”

He further said that the need to provide healthcare which is accessible and affordable, now more than ever, becomes a necessity, especially due to the effects that Covid has had on our entire system.

He further observed, “We need to move towards helping organizations and industries understand the true importance of a robust healthcare ecosystem. This is to be done while ensuring a close oversight of both organic growth initiatives and other non-traditional healthcare models.”

Dr. Harsh Vardhan highlighted India’s tryst with Covid as an evidence of co-operation between the public and private sectors. “Our nation has now become one of the largest manufacturers of Personal Protective Equipment kits. We used to send samples to CDC, Atlanta, for testing a few years back while we now have private testing labs contributing to the total testing capacity of the country.”

Informing about development of Covid vaccine, Dr. Vardhan assured that the Covid vaccine will be available on time. He pointed out that the government had already ramped up its immunization capability with an elaborate cold storage chain for immunizing children from 12 diseases under Mission Indradhanush.

“The entire eVIN platform is being repurposed as Covid network. All movement of stock can be digitally tracked and those receiving vaccines can also be traced after two to three weeks if the vaccine requires two shots. This will ensure last mile vaccine delivery,” he said.

Highlighting the government’s efforts in launching Pradhan Mantri Jan Aarogya Yojana (PMJAY)under Ayushman Bharat as a step in the right direction to ensure that affordable healthcare reaches the masses, the minister said, “The Indian healthcare scenario presents a spectrum of contrasting landscapes with the inequality existing within the urban-rural setting. This gap needs to be bridged and the Government under Prime Minister Narendra Modi is determined to bridge it. Ayushman Bharat with PMJAY and the HWC network for screening of NCDs and Cancer is a significant step in that direction.”

The minister noted that Public-Private-Partnerships are the way forward as they help improve efficiency and innovation, increase effectiveness, help reduce urban-rural disparity, increase accessibility and reduce our out of pocket health expenditure.


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