KIT: Healthcare expenditure

Strategic tools for the practising manager

The US spends about $2 trillion (Rs 9,423,500 crore) annually on private healthcare.

India spends close to $34 billion (Rs 160,000 crore) annually on healthcare.

The per capita healthcare expenditure in India is $20 (Rs 944) as compared to $2,548 (Rs 120,300) in the US.

India has just 0.7 beds per 1,000 population while the US averages 3.2 beds per 1,000.

Indian healthcare expenditure needs to increase to cater to the 190 million senior citizens by 2028.