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Healthcare scenario of karnataka 2023

HEALTHCARE SCENARIO OF KARNATAKA 2023

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Are you currently looking into venturing or investing into the healthcare sector in Karnataka? Are you looking for concrete details on the current status of the Healthcare scenario in Karnataka? In this article, Hospaccx Healthcare Consultancy brings to you the latest bits of information on Karnataka’s current Healthcare Systems.

INTRODUCTION

The healthcare market in Karnataka, a prominent state in India, is currently experiencing a dynamic and evolving landscape. In recent years, Karnataka has made significant advancements in healthcare infrastructure, services, and technology, contributing to the overall well-being of its population. As of the present year, 2023, the healthcare market scenario in Karnataka is marked by a combination of opportunities that shape the delivery of healthcare services, accessibility, and quality of care. In this blog, we will explore the current state of the healthcare market in Karnataka, considering factors such as healthcare infrastructure, government initiatives, private sector participation, and healthcare delivery models. By examining these elements, we can gain a comprehensive understanding of the current dynamics and trends within Karnataka’s healthcare market and how they impact the healthcare landscape for the state’s residents.

DEMOGRAPHIC PROFILE

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HEALTHCARE BUDGET ALLOCATION IN KARNATAKA

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HEALTHCARE SECTOR COMPOSITION:

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HEALTH INDICATORS

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MEDICAL TOURISM IN KARNATAKA

Karnataka is a popular destination for medical tourism due to advanced facilities, renowned institutions, specialized treatments, cost-effectiveness, holistic healthcare, tourist attractions, and infrastructure. For example, Wockhardt hospital has a tie up with Harvard Medical International (HMI), which has a reputation across the world for the quality services rendered to its patients. Furthermore,  Hospitals in Bangalore are now providing accommodation in hotels for the relatives as well as the patients. Manipal Hospital, for instance, has an International Patient Care Centre providing lodging facilities.

DISEASE BURDEN IN KARNATAKA

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HEALTHCARE INITIATIVES BY KARNATAKA GOVERNMENT

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LIST OF MAJOR HOSPITALS  IN KARNATAKA

Government Hospitals

  1. Victoria Hospital, Bengaluru, established in 1901, is one of the largest government hospitals in Karnataka with approximately 1,200 beds. The hospital is affiliated with BMCRI.
  2. K. R. Hospital in Mysuru, established in 1861, is a historic government hospital with approximately 1,000 beds.
  3. District Government Hospital in Belagavi is a large government hospital serving the healthcare needs of the population in Belagavi district. The hospital has a bed capacity of 700 beds.
  4. Bowring and Lady Curzon Hospital, Bengaluru, was established in 1868, with around 650 beds.
  5. Minto Ophthalmic Hospital, established in 1896, specializes in eye care and provides comprehensive ophthalmic services, including surgeries, treatment of eye diseases, and vision correction. The hospital has a bed capacity of 600 beds.
  6. Kidwai Memorial Institute of Oncology, Bengaluru, established in 1973, is a dedicated cancer institute with over 600 beds, focusing on specialized oncology services, including diagnosis, treatment, and research for different types of cancers.
  7. District Government Hospital in Shivamogga is a significant government hospital in Shivamogga district with around 600 beds, offering general medical services and specialized care.
  8. Indira Gandhi Institute of Child Health, Bengaluru, founded in 1984, is a premier paediatric hospital with approximately 550 beds, offering comprehensive healthcare services for children, including specialized care for paediatric diseases and disorders.
  9. Jayanagar General Hospital, Bengaluru, established in 1976, provides general medical and surgical services to the local population in the Jayanagar area of Bengaluru with around 250 beds.
  10. District Government Hospital in Udupi is a major government hospital with over 200 beds, providing general and emergency care services.

Private Hospitals

  1. Narayana Health City, Bengaluru, founded in 2001, comprises multiple specialty hospitals with over 1,000 beds, including Mazumdar Shaw Medical Centre and Rabindranath Tagore Institute of Cardiac Sciences.
  2. BGS Gleneagles Global Hospitals in Bengaluru, founded in 2007, has over 500 beds and specializes in advanced healthcare services.
  3. Aster CMI Hospital in Bengaluru, established in 2014, has over 500 beds and provides a wide range of medical services.
  4. BGS Global Hospital in Kengeri, Bengaluru, established in 2013, specializes in various medical specialties and has over 300 beds.
  5. Manipal Hospitals in Bengaluru, established in 1953, has over 300 beds and is known for its advanced healthcare services and specialized centres of excellence, maintaining international standards of care.
  6. Fortis Hospital in Bengaluru, established in 1990, has a capacity of 270 beds and offers comprehensive medical and surgical services.
  7. Manipal Hospital in Mangalore, founded in 1997, has a capacity of 251 beds and offers comprehensive healthcare services .
  8. Apollo Hospitals in Bengaluru, established in 1983, is equipped with over 250 beds and with area of 2,12,000 square feet, offering comprehensive healthcare services and renowned for specialties.
  9. Sagar Hospitals in Bengaluru, established in 2005, provides a wide range of medical services with over 250 beds.
  10. Columbia Asia Referral Hospital, Bengaluru, established in 2008, has over 200 beds and provides a wide range of medical services, as part of the Columbia Asia network of hospitals.

 

Medical Colleges

  1. Bangalore Medical College and Research Institute (BMCRI) in Bengaluru, established in 1955, offers around 250 seats for MBBS and is located on K.R. Road. The college is affiliated with Rajiv Gandhi University of Health Sciences (RGUHS).
  2. Kasturba Medical College (KMC) in Manipal, established in 1953, has 250 seats for MBBS and is located in Manipal, Udupi District. It is part of Manipal Academy of Higher Education (MAHE).
  3. Vydehi Institute of Medical Sciences and Research Centre in Bengaluru, founded in 2001, has approximately 250 seats for MBBS and is situated in Whitefield. The college is affiliated with Rajiv Gandhi University of Health Sciences (RGUHS).
  4. Father Muller Medical College in Mangalore, established in 1991, provides around 200 seats for MBBS and is located in Kankanady. It is part of the Father Muller Charitable Institutions.
  5. Jawaharlal Nehru Medical College (JNMC) in Belagavi, founded in 1963, offers 200 seats for MBBS and is situated in Nehru Nagar, Belagavi. It is affiliated with KLE Academy of Higher Education and Research (KAHER).
  6. M.S. Ramaiah Medical College in Bengaluru, established in 1979, provides around 150 seats for MBBS and is located in Mathikere. The college is affiliated with Rajiv Gandhi University of Health Sciences (RGUHS). The college is part of the Gokula Education Foundation.
  7. JSS Medical College in Mysuru, founded in 1984, has 150 seats for MBBS and is situated in Sri Shivarathreeshwara Nagar. JSS Medical College is affiliated with JSS Academy of Higher Education & Research.
  8. Navodaya Medical College in Raichur, established in 2001, provides approximately 150 seats for MBBS and is located in Navodaya Nagar, Mantralayam Road. It is affiliated with Rajiv Gandhi University of Health Sciences (RGUHS).
  9. St. John’s Medical College in Bengaluru, founded in 1963, provides approximately 150 seats for MBBS and is situated on Sarjapur Road. The college is affiliated with Rajiv Gandhi University of Health Sciences (RGUHS).

HEALTHCARE INVESTMENT OPPORTUNITIES IN KARNATAKA

  1. Growing population:

The population of Karnataka for the year 2023 is 67,833,000 and is estimated to project 80,000,000 by the year 2030 with annual growth rate of 2.38%.

  1. Thriving medical tourism:

The state of Karnataka is experiencing a thriving medical tourism sector, attracting a significant influx of approximately 8,000 health tourists each year. These visitors come seeking various treatments and services offered by the state’s healthcare facilities.

  1. Gap in medical infrastructure:

-In the state, the total number of available beds, including both government and private sectors, is 1.9 lakh. According to the norms, there should be 5 beds per 1,000 population. Hence, there is a need for 3,39,165 beds, indicating a gap of 1,49,165 beds in the state’s healthcare infrastructure.

-Currently there are 923 diagnostic centre in Karnataka. As per the norms there should be 1 diagnostic centre per 10,000 population. Therefore, there is a requirement of 6,783 diagnostic centre indicating a gap of 5,860 diagnostic centre in the state.

  1. Government assistance in healthcare investment:

– The Karnataka State Financial Corporation (KSFC) plays a crucial role in facilitating hospital setup and development in Karnataka. It offers financial assistance and tailored loan products to hospitals, nursing homes, and healthcare ventures. KSFC supports expansion, modernization, and start-up financing for healthcare projects. It provides advisory services, helping entrepreneurs in the healthcare sector with financial planning and loan structuring. By promoting healthcare infrastructure development, KSFC contributes to the growth and enhancement of healthcare services in the state.

– Healthcare facilities and providers need to obtain the necessary licenses and registrations from the appropriate authorities, such as the Karnataka Medical Council, Karnataka Private Medical Establishment Act-2007, Karnataka Nursing Council, or the Karnataka Health and Family Welfare Department.

CONCLUSION

The healthcare scenario in Karnataka, India, has witnessed significant advancements and developments in recent years. The state has made substantial investments in healthcare infrastructure, services, and technology, contributing to the overall well-being of its population. Karnataka’s healthcare sector in 2023 showcases a dynamic landscape with significant investments in infrastructure, government initiatives, private sector participation, and medical tourism. The state has made remarkable progress in improving healthcare services, accessibility, and quality of care for its residents.

Above is the superficial and macro level study for in-depth market and financial feasibility studies or any other healthcare-related research needs, please feel free to reach out to us at +91-8655170700 or email us at hospaccx.india@gmail.com. Our team is equipped to provide comprehensive and detailed insights tailored to your specific requirements.

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