The healthcare industry in India is one of the leading industries with the maximum contribution in both revenue and employment of the country. The top hospitals in India have many helping hands behind them for their successful operation. The healthcare industry is a vast system comprising of four sectors:
- Healthcare services and facilities.
- Medical equipment, devices, and hospital supply manufacturers.
- Medical insurance services and managed care.
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These sectors are further divided into many sub-sectors.
I. Healthcare services and facilities:
Hospitals provide treatment, diagnosis, and medical services to the patients. This category includes general medical and surgical hospitals, dental care clinics and laboratories, psychiatric and substance abuse hospitals, emergency care centers, blood and organ donation banks, sleep disorder clinics, family planning and abortion clinics, and palliative care centers.
Nursing and residential care:
Residential care solves the purpose of long term and supervised treatment for a patient. Nursing care facilities, mental health, urgent care centers, and residential developmental handicap services are a part of this sector. Along with home health care services, in-home senior care, community care for the elderly also fall under this category.
Ambulatory healthcare services:
Ambulatory patients are provided with direct and indirect healthcare services. Outpatient care centers, ambulance services, medical and diagnostic services, and other ambulatory services are covered in this category.
Medical practitioners and healthcare professionals:
Healthcare providers like physical therapists, medical practitioners, optometrists, dermatologists, nutritionists, marriage counselors, dietitians, social workers, psychologists, chiropractors, and homeopaths belong to this category.
II. Medical equipment and hospital supplies manufacturers
All medical companies that supply medical equipment and products fall under this category. Medical equipment designed for special treatments, specialist applications, hospital supplies is also included in this. These companies also focus on the manufacturing of equipment based on modern technology. They also strive to find advanced treatment methods for the diagnosis of various diseases.
This is one of the largest and crucial sectors which ensures smooth operations and timely delivery of various equipment. Treatment of many deadly diseases has become easier because of the tools made with advanced technology. For instance, mammogram machines, sterilization instruments, robotic surgery apparatus, and many more.
III. Medical insurance, medical services, and managed care.
The organizations which provide medical insurance make it easy for the patients to afford expensive treatments. Medical insurance has become a primary need for every citizen to ensure better treatments in the future. Also, these services let enhanced and better treatments reach the masses.
Managed care services reduce the cost of treatments using various techniques. They also make it possible for the needy to attain quality care services. Dental insurance, Medicare, Corporate wellness services, healthcare consultants, pharmacy benefit management, and many more come under this sector.
This sector mainly focuses on developing, manufacturing, and marketing licensed drugs that are used as medications. These services wipe out the need for inpatient and invasive care services. For the safe marketing of drugs and for public healthcare the government has imposed many rules and regulations which are to be followed by all the pharmaceutical services.
Over-the-counter drug stores (OTC), generic drugs, prescription drugs, dietary fiber supplement manufacturing, vitamin and supplement manufacturing, pharmaceutical packaging, and labeling services also come under this sector.
This domain also provides employment to many people both directly and indirectly. Ranging from drug dealers to drug retailers, marketing agents, transporting agents, and many more are involved in this sector.
The healthcare industry is also classified into public and private sectors. The public sector is run by the government whereas the private sector is not owned by the government but by individuals or non-government bodies.
It focuses mainly on rural and suburban areas. These services make it easy for needy people living in remote areas to access basic medical facilities. They also focus on disease prevention and control for the rural population. The ministry of health and family welfare plays a key role in providing medical facilities across the country.
Private healthcare services are mainly present in urban and metropolitan cities. Advanced treatments with personalized healthcare are provided here. Modern equipment with improved amenities is given. The facilities here are much expensive compared to public health services.
India offers the best and affordable treatments in the world. All the top hospitals in India consist of various sectors that help in their smooth functioning. People should be thankful to such great hard workers in all these sectors who help in the betterment of our health. We are able to access quality treatments and medications because of these unsung heroes.