Home Press Pharma, healthcare sectors beckon

Pharma, healthcare sectors beckon


Pharma industry is globally competitive, and the ideal sector for ‘Make in India’ campaign whereas, healthcare sector has become one of largest sectors in terms of revenue

Healthcare is about hospitals, clinics, and diagnostic centres. Pharma is about drugs/medicine manufacturing and marketing. According to National Family Health Survey-3,77 the private medical sector remains the primary source of healthcare for 70 per cent of households in urban areas and 63 per cent of households in rural areas.

The Indian healthcare system, funded by the government, is very poorly funded and administered. Having said that, healthcare is one of the key priority areas for the Indian government, and a key area for investment for private and MNC investors.

On the other hand, the pharma industry is a big success story, is globally competitive, and the ideal sector for the ‘Make in India’ campaign. It is also one of the most attractive sectors for employment for knowledge workers including graduates, pharmacists, doctors, engineers, postgraduates, and PhD scholars

About industry

Increase in the size of middle class households coupled with the improvement in medical infrastructure and increase in the penetration of health insurance in the country will also influence in the growth of pharmaceuticals sector.

The pharmaceutical segment is seen as an integral part of the Indian healthcare market, which is estimated to be worth ₹10,000 crore and growing at a CAGR of 22.9 per cent. Globally, the Indian pharma market is the third largest in terms of volume and 13th in terms of value.

By 2020, the pharma market will be touching $55 billion with a CAGR of about 15.9 per cent, with generics occupying 70 per cent market share followed by over-the-counter 21 per cent and patented drugs capturing 9 per cent market share.

Healthcare industry

Healthcare has become one of India’s largest sectors both in terms of revenue and employment.

The hospital industry in India stood at Rs 4 trillion (US$ 61.79 billion) in 2017 and is expected to increase at a Compound Annual Growth Rate (CAGR) of 16-17 per cent to reach Rs 8.6 trillion (US$ 132.84 billion) by 2023.

Source: IBEF

Entry level job roles

There are multiple job roles that exist in these industries of which we are covering only the most popular entry-level roles.

Junior doctor

Job Description

When you visit a hospital to see a specialist, you are initially screened by the junior doctor who asks you a few questions to understand what exactly is the issue and then conveys it to the Senior Consultant. The junior doctor also provides primary and continual medical care for patients, after the course of treatment is decided. Junior Doctors go on to specialise in a specific area like anaesthetics, general medicine, gynaecology, paediatrics, among others, over a period of time.

Typical responsibilities

  1. Advising and counselling patients under the guidance of Senior Doctors.
  2. Supervising nursing and para-medical staff to ensure medications and tests are done as per instructions of the Senior Doctor.
  3. Assisting Senior Doctors during all medical procedures and operations.
  4. Responding in times of emergencies and providing necessary treatment before the Senior Doctor arrives.
  5. Participating in medical camps organized by the hospital.
  6. Explaining the implications and complications of a surgical procedure and providing moral support to the patient as well as his/her family.
  7. Constantly learning and upgrading medical knowledge.

 

General nurse

Job Description

While the doctor decides the treatment, it is the general nurse who actually delivers the treatment when you are admitted to a hospital. A doctor may spend 10 minutes a day with the patient, but the general nurse spends her entire day with the patients. Hence in many ways the General Nurses are the face of a hospital. Nurses also provide extensive psychological support to patients in times of need. They work in hospitals and even visit homes to help patients.

Typical responsibilities

  1. Drafting patient-care plans as per the doctor’s advice and implementing them.
  2. Monitoring blood pressure, temperature, blood sugar, and so on and dressing wounds periodically.
  3. Preparing the patien ts for operations.
  4. Giving injections and drips—as and when required.
  5. Scheduling and assisting patients during diagnostic tests.
  6. Briefing doctors on patient health.
  7. Responding in times of emergencies and providing necessary treatment before the doctor arrives.
  8. Providing support to the patient as well as his/her relatives.
  9. Supervising junior nurses and guiding them in learning nursing.
  10. Stocking of critical care consumables.

Emergency medical technician

Job Description

As the name goes, an emergency medical technician (EMT) provides emergency medical care to anyone who is critically ill or injured. EMTs are also responsible for transferring the patient to the medical facility as early as possible. They respond to the emergencies arising out of casualities from criminal violence, natural disasters, fires, air and land accidents, and so on. Most of them render their services in an ambulance vehicle.

Typical responsibilities

  1. Reaching the accident spot or patient location at the shortest possible time.
  2. Assessing the patient’s condition and communicating with professional medical personnel to obtain instructions for the right course of action.
  3. Provide medical first aid like controlling bleeding, bandaging wounds, preventing shocks.
  4. The medical duties performed by the EMT include providing cardiopulmonary resuscitation (CPR), opening a patient’s airway to breathe, and providing ventilation assistance.
  5. Safely shifting the patient to the ambulance.
  6. Providing life support to the victim or patient while in the ambulance.
  7. Providing moral support to the family members in the ambulance.
  8. Communicating with professional medical personnel and nearest treatment facilities to arrange reception of patients.
  9. Maintaining order at scenes, including crowd disbursement and restraint of family and friends.
  10. Completing patient-care forms, insurance forms, evaluation forms, and all other forms in a competent and timely fashion.
  11. Clean and check the medical equipment and stock of supplies in the ambulance.
  12. Prepare a detailed report about the event.

Author: T Muralidharan
Name of publication: Telangana Today
Date published on: 15/10/2018
published in: Hyderabad
Tags: Employability

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