India’s specialty health care sector is eagerly awaiting the Union Budget 2024-25, which is expected to provide substantial support to boost growth and improve accessibility. Industry leaders have outlined key expectations, emphasizing the need for stronger efforts towards preventive healthcare, digital health, and infrastructure development.
Preventive Care and Primary Healthcare
Experts stress the importance of prioritizing preventive healthcare through initiatives like sanitation, clean water, and nutrition programs. Strengthening primary healthcare centers and revamping Ayushman Bharat Yojana are seen as crucial steps to improve accessibility.
Digital Health and Infrastructure
The role of technology in healthcare is undeniable. Industry leaders advocate for accelerating the National Digital Health Mission to enhance data management and promote telemedicine. Also, highlight better road infrastructure to ensure timely emergency responses.
Specialized Care and Investment
The growing prevalence of chronic diseases is driving the outpatient care sector. Successful startups like Practo and 1mg highlight the sector’s immense potential. The aesthetics and dermatology fields will grow due to the demand for advanced treatments and increased investment in research and development.
India’s specialty care budget will address critical issues such as blood shortages, mental health, and elderly care. Increasing funding for blood banks, promoting voluntary blood donation, and supporting gene therapy research are key demands.
- Increased healthcare spending
- Focus on preventive care and primary healthcare
- Digital health initiatives
- Investment in research and development
- Improved infrastructure
- Addressing specific challenges like blood shortages and mental health
