What are the major challenges faced by India's healthcare industry
Discuss some of the major challenges and limitations that the Indian healthcare industry faces in terms of accessibility and affordability.
- Lack of infrastructure: India's healthcare system lacks basic infrastructure like hospitals, clinics and medical centers in many regions, especially in rural areas.
- Shortage of medical professionals: There is a severe shortage of qualified doctors and nurses to serve India's large population
- High cost of healthcare: Medical treatment is becoming increasingly expensive, making it challenging for many people to access quality healthcare.
- Limited health insurance: Lack of proper health insurance coverage makes it difficult for people to pay for medical expenses.
- Inadequate government funding: The government funding for the healthcare sector is insufficient, hampering the growth of the sector
- Regional disparities: There is a stark contrast between the quality of healthcare facilities in rural and urban areas, creating regional disparities
- Low public expenditure: The public expenditure on healthcare in India is among the lowest in the world, limiting the sector's growth
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