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High Demand for Jobs in Burgeoning Healthcare Sector

Before we understand the gap between demand and supply of healthcare workers, let’s dig into some facts related to this fastest-growing industry:

  • In budget 2021, Finance Minister proposed allocation of Rs 2,83,846 lakh crore for the healthcare and wellness sector.
  • India’s healthcare sector is expected to record a threefold rise, at a CAGR of 22 per cent over 2016-2022, to reach US$372 billion by 2022 from around US$110 billion in 2016.
  • Additional 1.54 million doctors and 2.4 million nurses will be required to meet the surging demand for healthcare.
  • Rising income levels, ageing population, growing health awareness and changing attitude towards preventive healthcare is expected to boost healthcare services demand in future.
  • The India home healthcare market is expected to grow at a compound annual growth rate of 19.2% from 2020 to 2027 to reach USD 21.3 billion by 2027.

If we analyze the above data, we understand that jobs in the healthcare sector are poised to see employment growth in the coming years. A growing aging workforce, decreasing numbers of people entering the profession, early retirements, inadequate training, and skills are some of the reasons attributed to the huge gap between demand and supply of well-trained professionals.

Why reskilling is important?

Rapid technological advancements taking around the world have created a demand for newly skilled. There is a huge gap between formal educational qualifications and job requirements, thus, many jobs are vacant because the healthcare industry is unable to find the workforce with the right skill sets.

Specialized skill-based education will fulfill real-work applications. It will help the aspirants to be employable as they will possess the necessary skills required for new-age jobs in the healthcare industry.

Why should you consider a career in healthcare industry?

Being a healthcare worker is one of the most rewarding professions offering great contentment as you help the sick recover by providing them the best care. Undoubtedly, it’s recession-proof and is projected to grow more over the next decade.

A professionally qualified candidate is in great demand in various healthcare settings. Provided you meet the required criteria, you can land a job overseas with lucrative pay and a quality lifestyle.

Kick start your career by enrolling in the certificate, diploma, or degree courses in healthcare.

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