Pharma Leader Executive of the Year 2016
Pharma Leaders 2016 Award Committee has brought six finalists set out to acknowledge the efforts of business leaders both new and veteran, and reward those who made notable difference in the healthcare sector. The Award will honor the Pharma Leader for his outstanding contribution to the healthcare industry.Finalists were judged on their personal achievements, the contribution/difference the individual has made to the company where they work, financial highlights, and new initiatives that have been established. The healthcare industry is growing at a tremendous pace. This is due to the rise of incomes, easier access to high-quality healthcare facilities and greater awareness of personal health and hygiene. The total industry size is expected to touch US$ 160 billion by 2017 and US$ 280 billion by 2020. We expect to register a compound annual growth rate (CAGR) of 22.9% during 2015-20 to US$ 280 billion. The private sector has emerged as a vibrant force in India’s healthcare industry, lending it both national and international repute. In addition, it accounts for almost 74% of the country’s total healthcare expenditure. Investment in healthcare infrastructure is set to rise, benefiting both ‘hard’ (hospitals) and ‘soft’ (R&D, education) infrastructure. Therefore, we can say healthcare businesses have immense potential for new entrepreneurs.
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