THE FUTURE OF HEALTHCARE IMCI 21st January, 2011 Dr. R. B. Smarta Managing Director, Interlink Marketing Consultancy Pvt. Ltd. Disclaimer: This presentation is the sole property of Interlink. No part of it may be circulated, quoted, or reproduced for distribution without prior written approval. This material was used during a verbal presentation; it is not a complete record of the discussion. Walk Through Day in 2020 Health and Healthcare paradigms Today’s Healthcare market Fast forward into the future 21/01/2011 IMCI_Dr. R. B. Smarta 2 IN 2020 21/01/2011 IMCI_Dr. R. B. Smarta 3 Fairy Tale or Horror Story ? 21/01/2011 IMCI_Dr. R. B. Smarta 4 HEALTH AND HEALTHCARE PARADIGMS 21/01/2011 IMCI_Dr. R. B. Smarta 5 Indian health wisdom 21/01/2011 IMCI_Dr. R. B. Smarta 6 HEALTH is person’s sense of well being not merely absence of sickness… FREEDOM FROM ILLNESS. SICKNESS is an abnormal condition affecting the body with specific symptoms and signs HEALTH CARE = PRO PREVENTIVE CARE Health care covers not only medical care but also pro – preventive care IMCI_Dr. R. B. Smarta 7 4 Criteria of Ideal Healthcare Universal access Fair distribution of financial costs Training providers Special attention to children, women, disables & aged. Depends on “POLITICAL ECONOMY” Progress on: Poverty mitigation (healthcare to poor) Reduction of inequalities (affecting access / quality) Generation of employment (facilitate income stream of capacity to pay) Public information & development (preventive, self care, conducive life styles) Personal life style changes ( affecting from social changes to global influences) 21/01/2011 IMCI_Dr. R. B. Smarta 8 Indian commitment to health development has 2 Principles 3 consequences • State responsibilities for • Inadequate priority to public health care health • Free medical care for all • Compression of public funding • Plural system of medicine 21/01/2011 IMCI_Dr. R. B. Smarta 9 Key Achievement of Indian Healthcare Increased Longevity Better nutrition Better immunization Better infrastructure 21/01/2011 IMCI_Dr. R. B. Smarta 10 TODAY’S HEALTH CARE MARKET 21/01/2011 IMCI_Dr. R. B. Smarta 11 High Medium 20 % - 30 % 30 % - 50% Low 0 % - 20% Growth Rate (%) – till 2012 Indian Market – Expected growth potential for most of the core segments in WELLNESS SPACE Salons (3,500) Slimming Centers (450) Spas (250) Non – surgical cosmetic procedures (260) Alternative treatments (2,100) Gyms (460) Alternative Medicines Ayurvedic Medicines & Products (1,100) (500) Cosmetics and Health food Fragrances (1,350) & Drinks Treatment (4,900) based beauty Cosmetic Dietary Supplements products (650) Surgery (1,800) Skin & Hair care products (6,300) (250) Rs 0 – Rs 1,500 Cr Products Ayurvedic Treatments Centers (4, 000) Services Rs 1,500 – Rs 5,000 Cr Rs 5,000 – Rs 10,000 Cr Approx Market Size as of 2008 (Rs Cr.) The exhibit does not include yoga centre, counseling services, restaurants & juice bars (health based). Allopathy, due to its traditional linkage to healthcare has not been included for the purpose of analysis. (Source: 2009 E&Y – FICCI report on wellness – exploring the untapped potential,) 21/01/2011 IMCI_Dr. R. B. Smarta 12 WELLNESS ECONOMY INSURANCE HOSPITAL 1 Alternative 2 Therapies Services – Rs. 6100, 35% Products – Rs. 1600, 20% Allopathy* M E D I A 7 Counseling * Nutrition Wellness Core Segment 3 Products - Rs. 6700, 8% Beauty 6 REAL ESTATE Services – Rs. 4010, 34% Rejuvenation Products – Rs. Fitness /Slimming Services - Rs. 8300, 11% 250, 31% Services - Rs. 910, 29% 5 E D U C A T I O N 4 HOTELS & TOURISM GOVERNMENT Figures indicate total market size in Rs. Crore and weighted average growth rate (CAGR5 years). * Does not include yoga centre, counseling services, restaurants & juice bars (health based). * Allopathy, due to its traditional linkage to healthcare has not been included for the purpose of analysis. (Source: 2009 E&Y – FICCI report on wellness – exploring the untapped potential,) 21/01/2011 IMCI_Dr. R. B. Smarta 13 Future of health care in next 25 years FAST FORWARD INTO THE FUTURE 21/01/2011 IMCI_Dr. R. B. Smarta 14 Decoding 140,000 genes A time table for next 25 years 2002 - 3 - 100% of the human genome mapping/sequencing Legislation to protect people against genetic discrimination: (jobs/insurance/marriage) 2002 - 10 - Tests for risks of Diabetes, cancer, stroke Gene therapy for haemophilia, heart disease, some cancers 2015 - Medicine tailored to individuals genetic make up available to treat diseases, including cancer 2025- Corrective therapy for defective genes- cure sicker cell anaemia 21/01/2011 IMCI_Dr. R. B. Smarta 15 Can you make my kid smarter & healthy? An Advertisement in “ The Times ” of April 2, 2025 “ Consider using Organic Enhancement protocol to provide your child with all- natural resistance to heart disease, hypertension, diabetes , cancer, AIDS, allergies, asthma and Alzheimer’s disease. But keep in mind, you must act before you get pregnant. Don’t be sorry after she’s born. This really is a once-in-a-lifetime opportunity for your child-tobe.” 21/01/2011 IMCI_Dr. R. B. Smarta 16 Do we really need to have sex? 21/01/2011 Birds do it, Bees do it. But we may no longer have to do it- except for the fun! More recreational rather than procreational! ( Like Dolphins & Apes) Since first “ test - tube” baby in 1978, 100,000 have been born till day in US alone! By 2025, it may be possible to take a “cutting” from your body and grow a new human being! IMCI_Dr. R. B. Smarta 17 Reversing & Eliminating Paralysis Will superman Chris Reeve walk again? He hoped to rise to his feet, lift a cup of tea. Died in 2004 before this could happen! Spinal Cord doesn’t heal itself. Certain substances block growth of cells. Antibodies have been developed that neutralize these blockers Nerve endings carry chemical markers to guide them to the correct receptors. 21/01/2011 IMCI_Dr. R. B. Smarta 18 Your children may celebrate 125th birthday Scientists are looking for longevity genes Clock - genes’ are ticking away- in every of 100 trillion cells! It will be possible to tinker with clock’s hands! By year 2100, our longevity could be be 200 years! Impact on Economy : For each year added 1% growth is required. 21/01/2011 IMCI_Dr. R. B. Smarta 19 Cloning: After Dolly’s birthday 27th February 1997 Cloning minus the current stigma - tinkering with genes of offspring may result in no baldness, no spectacles, no arthritis “Designer babies” possible 1998- Stem cells from early human pregnancy foetus grown in gut,muscle,neural tissues! New hope for growing organs for transplants! Will genetic tinkering result in creation of new species of humans? Will disturb the process of natural selection and eliminate Bad genes & people like Hellen Keller,Stephen Hawkings, Toulouse Lautrec !!! Ethical / moral dilemmas 21/01/2011 IMCI_Dr. R. B. Smarta 20 Cloning minus the current stigma - tinkering with genes of offspring may result in no baldness, no spectacles, non arthritic human beings: Designer babies possible. 21/01/2011 IMCI_Dr. R. B. Smarta 21 Gene Cards:Future Horoscopes! Gene Cards will predict your future health (tailormade drugs for patients) 21/01/2011 IMCI_Dr. R. B. Smarta 22 Medical Technology Tele-medicine MR spectroscopy - measure of brain chemistry Proton spectroscopy - provides much higher signal-to-noise Can be used to serially monitor biochemical changes in tumors, stroke, epilepsy, metabolic disorders, etc. Drugs: DNA vaccines/Precisely targeted Immunosuppressants/Gene transfer therapy Robotic Surgery 21/01/2011 IMCI_Dr. R. B. Smarta 23 New Insurance Scenario: Impact on Doctors & Practice Healthcare expenditure in India is expected to increase by 15 per cent per annum. Better Practice Management Quality Assurance Accountability & Standardization of Fees Accept Payments by Cheque Increased Paper work 21/01/2011 IMCI_Dr. R. B. Smarta 24 Do you know a better place to get quality & inexpensive treatment for all international patients? India’s share in the global medical tourism industry will reach around 3 per cent by the end of 2013. Medical tourism is expected to generate revenue around US$ 3 billion by 2013 Growing at a CAGR of around 26 % during 2011–2013. Source: RNCOS report on Booming Medical Tourism in India, 2010 21/01/2011 IMCI_Dr. R. B. Smarta 25 When do we call HEALTH IS WEALTH? Consumer SELF-CARE Trend Self-Reliance Personalization Health is Wealth Age Well – Be Well Trend Redefining Aging Longer Lifetimes More Active & Healthy Lifestyles 21/01/2011 IMCI_Dr. R. B. Smarta 26 In Summary Future of Health Care Curative & Preventive Pro – Preventive PAST FUTURE Curative & Preventive care – Pro-Preventive care Making life healthier by increasing use of technology yet…. Physicians may be inevitable. Improve affordability by Health Insurance and spending of Government. Will we be in Ethical, Moral, Social, Legal Dilemmas? 21/01/2011 IMCI_Dr. R. B. Smarta 27 Fairy Tale or Horror Story ? Let the time show! 21/01/2011 IMCI_Dr. R. B. Smarta 28 Q&A 21/01/2011 IMCI_Dr. R. B. Smarta 29 In life you have either reasons or results… Insights For Business Results Interlink Marketing Consultancy Pvt. Ltd 3A, Central Plaza, 166, C.S.T. Road, Kalina, Santacruz (E), Mumbai - 400 098 Tel : 91 22 2666 6611 / 44 Fax : 91 22 2666 6463 Website http://www.interlinkconsultancy.com Email: interlink@interlinkconsultancy.com 21/01/2011 IMCI_Dr. R. B. Smarta 30