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Career in Healthcare

The healthcare industry is one of the world's largest and fastest-growing industries. Consuming over 10 percent of gross domestic product (GDP) of most developed nations, health care can form an enormous part of a country's economy. According to the most recent figures reported in the World Health Statistics 2011, the density of doctors in India is 6 for a population of 10,000, while that of nurses and midwives is 13 per 10,000 population. India has a doctor-to-population ratio of 0.5:1000 in comparison to 0.3 in Thailand, 0.4 in Sri Lanka, 1.6 in China, 5.4 in the UK, and 5.5 in the United States of America. As per CII-Mckinsey Report, the density of practicing healthcare workforce gets further skewed as almost 25% of the allopathic doctors and 40% nurses do not practice in the formal health system.The Public Health Foundation of India (PHFI) in its report estimated a shortage of 6.4 million allied health professionals in the country. The report highlighted the gap in both; sheer number of professionals of various specialties as well as the quality of skills acquired by the graduating students from several hundreds of institutions across the country.India is expected to be home to a skilled workforce of 500 million by 2022. About 12 million persons are expected to join the workforce every year. This talent pool needs to be adequately skilled.

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