THE EMERGING HEALTHCARE LANDSCAPE

Thermo Fisher has been at the forefront in the fight against COVID-19; from developing one of the first COVID-19 RT-PCR detection solutions to partnering in vaccine making

Amit Chopra 

Managing Director- India & South Asia Thermo Fisher Scientific

India is expected to make significant investments towards building state-of-the-art healthcare infrastructure

India is forecasted to be one of the fastest-growing economies this year and is anticipated to increase its GDP by 3x from the current $3 trillion to $9 trillion by 2030, according the Confederation of Indian Industry (CII). Technological advancements and enabling policies among other factors have given a boost to the Indian healthcare industry and are positively impacting economic growth. Also, during the pandemic, for the first time, the government’s budgeted expenditure on the health sector reached 2.1 percent of GDP, against 1.3 percent in the previous fiscal year. The government’s efforts on ensuring ‘Health for All’ is opening opportunities to strengthen the healthcare infrastructure and bridge the gap in the healthcare delivery system. Collaborative efforts of the government, industry and academia will provide further impetus to the sector.

I would like to share some emerging themes in technology and policy that will drive future growth.