Are you currently looking into venturing or investing into the healthcare sector in Goa? Are you looking for concrete details on the current status of the Healthcare scenario in Goa? In this article, Hospaccx Healthcare Consultancy brings to you the latest bits of Information on Goa current Healthcare Systems.
INTRODUCTION
The healthcare sector in Goa, a state located on the western coast of India, has been evolving rapidly to meet the healthcare needs of its residents and visitors. Known for its picturesque beaches and vibrant culture, Goa has also made significant strides in providing accessible and quality healthcare services. Goa boasts a well-developed healthcare infrastructure that includes hospitals, clinics and diagnostic centres. The sector encompasses both government-run institutions and private healthcare providers, ensuring a comprehensive range of services for the population.In recent years, the Goa government has prioritized improving healthcare facilities and services, recognizing the importance of a healthy population for the overall development of the union territory. Investments have been made to upgrade existing hospitals, and enhance the availability of specialized healthcare services. Goa’s healthcare sector is not only focused on curative services but also places emphasis on preventive healthcare measures. The government has implemented various initiatives to promote awareness about healthy living and disease prevention.In this blog, we will explore the current state of the healthcare market in Goa, 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 Goa’s healthcare market and how they impact the healthcare landscape for the residents.
DEMOGRAPHIC PROFILE
HEALTHCARE BUDGET ALLOCATION IN GOA
HEALTH INDICATORS
HEALTHCARE SECTOR COMPOSITION
CURRENT HEALTH STATUS OF GOA
| Life Expectancy at Birth | 75.3 years |
| Total Fertility Rate | 1.3 per woman |
| Infant Mortality Rate | 5 per 1000 live births |
DISEASE BURDEN IN GOA
LIST OF MAJOR HOSPITALS IN GOA
Government Hospitals in Goa
1.Goa Medical College and Hospital (GMC), Bambolim: The hospital was established in 1842 and is the largest hospital in Goa with 1160 beds but also serves as a premier medical institution and a vital healthcare resource for the state. The hospital has 16 operation theatres.
2.Hospicio- South district Hospital, Goa: The hospital was established in 1867, and has a bed capacity of 279 beds.
3.Institute Of Psychiatry and Human Behaviour, Bambolim: The hospital was established on December 1980. At present the bed strength of the hospital is 190.
4.Mapusa District Hospital, Panaji: The hospital was established in 2011 and has a bed capacity of 150 beds.ESI Hospital, 5.Margao: Founded in 2008, the hospital has a bed capacity of 100 beds.
Private Hospitals in Goa
- Healthway Hospital, Kadamba:Founded year 2013, the hospital has a bed capacity of 250 beds.
- Manipal Hospitals, Dona Paula: The hospital was established in 1994 and has a bed capacity of 235 beds.
- Victor Hospital, Margao: Founded in 2014, the hospital has a capacity of 150 beds.
- M. Salgaocar Hospital, Chicalim:The hospital was established in 1981. The hospital has bed capacity of 120 beds including 26 critical care beds.
- Vision Multispecialty Hospital, Mapusa: The hospital was established in 2012 and has a capacity of 40 beds including 5 beds for critical care.
Medical College in Goa
1.Goa Medical College (GMC) was established in 1963 and is the premier medical college in Panaji, Goa. It has approximately 1,160 beds and offers undergraduate and postgraduate medical courses, offers around 150 seats. GMC is affiliated with Goa University and provides comprehensive medical education, training, and healthcare services.
2.HEALTHCARE INVESTMENT OPPORTUNITIES IN GOA
Growing population:
The population of Goa for the year 2023 is 15,75,000 and is estimated to project 16,20,000 by the year 2030 with annual growth rate of 0.40%.
Captivating Tourist Influx:
Goa attracts a staggering number of tourists, both domestic and international, making it a vibrant hotspot for travel. With approximately 19 lakh domestic tourists and 34,000 international tourists visiting every year.
3.Gap in medical Infrastructure:
-In the union territory, the total number of available beds, including both government and private sectors, is 4,600. According to the norms, there should be 5 beds per 1,000 population. Hence, there is a need for 7,875 beds, indicating a gap of 3,275 beds in Goa healthcare infrastructure.
-Currently there are 40 diagnostic centre in Goa. As per the norms there should be 1 diagnostic centre per 10,000 population.Therefore, there is a requirement of 157 diagnostic centre indicating a gap of 117 diagnostic centre in the Goa.
4.Government assistance in healthcare facility establishment:
- IPR reimbursement Scheme: The IPR reimbursement scheme in Goa presents a valuable opportunity for healthcare start-ups. This scheme aims to support these start-ups by reimbursing up to 50% of the expenses incurred during the registration of national and international Intellectual Property (IP). With a maximum cap of INR 2 lakh for national IP and INR 5 lakh for international IP, this initiative significantly reduces the financial burden associated with IP application fees and other costs. By availing this scheme, healthcare start-ups can protect their innovative ideas, technologies, and products at a more affordable cost, gaining a competitive edge in the industry.
- The Goa start-up policy aims to offer financial assistance to local entrepreneurs and start-ups in Goa. The primary objective of this policy is to foster the creation of at least 100 successful start-ups in the region by 2025, with the goal of generating employment opportunities for a minimum of 5000 Goans.
CONCLUSION
The healthcare sector in Goa has undergone significant development and transformation in recent years. However, there is a need to address the gap between the available healthcare infrastructure and the growing population. The existing number of hospital beds falls short of the WHO-recommended population-to-bed ratio, indicating the necessity for additional healthcare facilities to meet the demands of the people. With the increasing influx of tourists, it becomes crucial for Goa to invest in improving its healthcare infrastructure, including hospitals, clinics, and specialized medical services. This will not only benefit the local population but also cater to the healthcare needs of the growing number of visitors. To bridge this gap, efforts may be required in improving healthcare infrastructure to meet the needs of the population effectively.
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.