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Healthcare for an Aging India

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Healthcare for an Aging India

The population in the age group of 60 years in India has tripled over the past 50 years. Notwithstanding that, India has one of the youngest working age people across the world - with the average age being 27. This also means that 20 years hence we will have an aging population. Do we have adequate Healthcare infrastructure for an aging India?

Popula

tion (

in M

il)

Elderly Population in India - Growth

90M

133M173M 178M

236M

301M

2011 2021 2026 2031 2041 20510

100

200

300

400

2011:

Seniors in India & The World:

2050:

India World

2011:

2050:

100 M

297 M

690 M

2 B

1 in 6Elders in the world will reside in India by 2050

Seniors in India: Current Scenario

112 MSeniors in India Today

30 MSeniors in India are living alone

90%Seniors in India work for a living

Recurring Medical Expenses & Cost of treating chronic Diseases

Diabetes Joint Replacements

Cancer Treatment

Heart Surgery

Cataract Surgery

Neurosurgical Procedures

Seniors in India who are 80+

10 M

Popula

tion (

in M

illio

ns)

Indian Population (Aged 60+)

6 M 7 M 8 M10 M

12 M14 M

17 M22 M

26 M

31 M

37 M

66 M 75 M 85 M 102 M 122 M 143 M 164 M185 M

209 M234 M

260 M

Aged 80+ Up to 80 Yrs

20002005

20102015

20202025

20302035

20402045

20500

100

200

300

400

8%

of Private sector retirees are currently covered by pension

86%

expenditure on private healthcare are out of pocket payments

Beds per hospital for every 10K patients. Global average: 30 Beds

9 1.2%

of GDP is spent on healthcare. Global average:7%

Sources:

Deloitte Study: Ensuring care for the golden years – Way forward for India

Financial Express

The Hindu

Senior Healthcare Infrastructure

Note:

M = Million

B = Billion

Senior = Persons above the age of 60 Yrs