Scope of Healthcare Industry & Market Research on Healthcare Ecosystem Existing in Mumbai

Presented By: Harsh Shah (PG-C:45)

Religare Technova

Holding company for the IT business of ReligarePursues aggressive business interests globally in financial services, health care, diagnostics and aviation industryReligare Technova’s Umbrella includes

Religare Technova Global SolutionsReligare Technova IT Services LimitedReligare Technova Business Intellect Ltd

Present in 10 countries & employees base of 2000Focuses on Banking and Financial Services, Insurance, Capital Markets and Health Sciences

Executive Summary

Huge growth predicted for IHI by 2020 to the tune of US$20 bnExperienced an outstanding growth of 12% over past 4 yearsAlthough its not enough to meet the demands of the populationStatistics (1 million die & 700million has no access)The study revolves around the info. of medical professionalsThe report is a Health Information Systems Plan (HISP)Ratio of a medical service provider to citizen is very lowHard to locate a Medical service provider in urgent times.This is where HISP comes into the picture

Market Size and Growth Prediction

Source: Ernst & Young Analysis, Business Line: 2009

Health Information Systems Plan (HISP)

Provides information about medical service providersHelps in monitoring and improvement for the Health of massesFacilitates interaction between medical stakeholdersApart from internet, Info. also available over voice and SmsOne Stop Healthcare SolutionProvides connectivity with health care service providersMaintenance of electronic health care records

SWOT Analysis

SWOT Analysis

Research Objective

Study the market potential of Healthcare sector Comparative study of different key players in Healthcare sectorComparative study between General Practitioner and other doctor’s specializationProvide technical support to strengthen data analysis and use of information at all levels of health care delivery.Provide a convenient facility to patients to avail information

Research Methodology

Population: All Medical practitioners in Khar W & Santacruz WSampling Techniques: Convenience + SnowballingSampling size:360 ( Doctors, Hospitals, Ambulance, Clinics etc.)Research Period: 6 weeksResearch Instrument: QuestionnaireContact Method: Personal InterviewData Collection Technique

Primary Source : Data collected from respondents Secondary Source : Data collected from internet & Magazines

Sample Size Distribution

Medical Council’s Distribution

Distribution of Doctor’s Specialization

Chemist’s Working Days

Distribution Of Methods of Report Collection

Findings

More doctors available in evening then morningRegional language helps in better interaction.General Physician more in numberPoor bed to patient ratio Patients more keen in upgrading themselves to newer technologyYoung doctors more inclined towards HISP Labs apprehensive about SLR labs(owned by Religare)No Credit Card paymentsFees differ depending upon the socio economic class of patientFewer Clinics & Doctors interested in setting up their website

Conclusion

In spite of grim outlook, future of healthcare is brightLots of opportunity in this sector like HILS HILS will change the face of Healthcare sectorAll info related to HCS would be available with ease to consumerMaintenance of electronic health recordsMedical support tools also availableWill take the nation to new heights with this technology It is like, one stop solution for all medical and healthcare support

Hence Termed asONE STOP HEALTHCARE SOLUTION