Despite being in its budding stages, the growth trajectory of the home healthcare sector in India has been very strong. Affordability, personalized care, and rise in nuclear family structures are the key reasons for this upward trend. Informal support structures have been unable to adequately fulfil the demand for care of post-operative patients, chronic patients and the elderly.
With the growing elderly population and concerns around quality of institutionalized care, family caregivers are demanding worthwhile solutions to provide care for their loved ones. Thus, India’s growth in the home healthcare sector is on the rise, and it becomes critical to understand the country’s stance in the global market as well. A study by the ICMR reveals that while India accounts for 20% of the global disease burden, it accounts for 6% of global hospital beds and 8% share of doctors and nursing staff.…
