Dr. Devi Shetty of Narayana Health is trying to grow healthcare services in India to service the world, and he says ”There are many positives in India’s favor. Indians are born healers. The younger generation is very studious. We have 381 medical colleges. We produce the largest number of doctors, nurses, and medical technicians…….Globally, healthcare is a 4.5 trillion USD industry. It is the second largest industry after food and agro-processing. Despite its size, it is only addressing about 30 percent of the world population. Nearly 70 percent of the world population is nowhere close to receiving decent healthcare services. We need a revolution in order to service the entire market.”
There is a change coming to world healthcare and the US, UK and the rest of the world are struggling with different models to provide the best care. In the UK the NHS distributes GBP 5.58 billion in salaries every month to 1.4 million employees and is a big driver of their GDP. In the US baby boomer aging is going to drive even more GDP to be assigned to Healthcare. The next fifty years will bring a spreading of healthcare to those who need it the most. Technological change will drive better monitoring. Diagnostic, pharmaceutical, robotic aided procedures, radiology that will reduce the costs of delivering care to the masses. Eradication of most mass killing diseases will be finally achieved through genetic knowledge and prevention. .
Human ingenuity and research can often surmount some of the toughest problems of our species and more research and development can only lead to better results. The question for the future is how will the giant conglomerates that are required; for development of modern facilities be funded, – how much will the private sector invest and how much will the government invest. Obama care is just touching the tip of the problem of funding and costs and development and improvements in delivery. Creating healthy populations is a tremendous responsibility as oftentimes the individuals who are the most prone to diseases like smokers, diabetics, obese and even people with bad lifestyles continue on in their ways and it is tough to change. Private corporations, NGOs and the world governments will have to work hand in hand and the population will have to learn to pay for healthcare for all. The super-rich can always buy the best care in any case and it is the invincible young and the working classes who will have to pay for these innovations, to support the graying population.
Somebody has suggested that we need an additional one trillion dollars a year to be spent to continue the rapid pace of development in Health Care Services. We do not need to go very far to get this trillion dollar savings; as it is available by reducing wars and working on peaceful development. Education, employment, development and innovation are all at stake here for the future of humanity. If we all take the long view where we are all dead, we can start today to pave the path for us to let our parents, us and our children go in peace to that endless shore. We can at least make the journey for those who are following after us productive, easier, healthier and more livable.
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