Healthcare is one of India's largest sectors both in terms of revenue and employment. The
industry is growing at a tremendous pace owing to its strengthening coverage, services and
increasing expenditure by public as well private players. During 2008-20, the market is
expected to record a CAGR of 16.5 per cent. The total industry size is expected to touch
US$ 160 billion by 2017and US$ 280 billion by 2020.
The Ministry of Health is focusing on development of technologies for the treatment of diseases like Cancer and TB. Government is emphasising on the eHealth initiatives such as Mother and Child Tracking System (MCTS) and Facilitation Centre (MCTFC). Indian companies are entering into merger and acquisitions with domestic and foreign companies to drive growth and gain new markets.
India has the second largest geriatric population in the world. Of the 300 million over-60s, 200 million are likely to be suffering from chronic ailments. Specialty home health care will be a key element of patient-centric care in the coming years. There is extremely low penetration of paramedical and support staff in Healthcare industry. Less than 12 per 10000 patients in case of Nurses/Midwives and Less than 7 per 10000 patients for other technicians (based on NSSO and Census 2011). High possibility of less than 50% of the above having quality training. Also extremely low penetration of Dedicated Training Institutions catering to the above.
Edugreen offers Healthcare skilling courses in collaboration with the Government and in Private retail mode to youths to make them employable. By addressing the unemployment, women empowerment, education Edugreen is also trying to create social impacts.
Edugreen plans to establish Healthcare Development centres globally to address the same.