Indian healthcare system will "struggle to keep pace" in 2030 when 140 million Indian households are expected to enter the middle-class, said a report by Bain & Company report on Tuesday.
The healthcare industry will face challenges due to a rapid increase in patient volume accompanied by pricing and margin pressures, said the India Life Sciences Report 2019, which was conducted among 325 doctors.
The report, done in collaboration with Confederation of Indian Industry (CII), said the demand from "developed rural" areas along with the increase in middle-class households will drive about two-times hike in healthcare consumption. PM Narendra Modi's