Despite obstacles, India all set to be one of the most lucrative Healthcare markets : Mocherla

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Bhubaneswar: India is positioned to be one of the most lucrative markets for the healthcare Industry, despite facing several hurdles. India’s large population and the growing economic prosperity make it a profitable market to capitalize on.  However, the unavailability of quality medical care, dynamic disease burden, and high catastrophic expenditures are some of the major roadblocks for the healthcare industry to overcome, said Pawan Kumar Mocherla, Managing Director, Becton Dickinson India, the Indian arm of the US-based medical technology major Becton Dickinson  (BD).

Delivering the leadership talk at the Xavier Institute of Management , Bhubaneswar, he said that  the future of Healthcare Industry is laced with technological advancements with the likes of Artificial Intelligence, Robotics, Implants, and Portability.

He also elaborated the role of the private sector to uplift the healthcare scenario, along with the pertinent steps which should be taken by the government to address the rising issue of quality and affordable healthcare to the masses, which included the “Ayushman Bharat” scheme.

 

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