Max India Limited Financial Overview
& MAX
Rs billion
120
100
80
60
40
Increasing prevalence and propensity are
Growing Health Insurance Market...
34 % CAGR
key market drivers
111
84
66
99
51
20
32
14
17
22
0
FY04 FY05 FY06 FY07 FY08 FY09 FY10
FY11
(USD '000s)
32
8.5
100
Comparative medical cost
■ India
MAX of
HEALTHCARE
Caring for you... for life
48
UK US
24
18
19.2
7
4.5 6.4
9.8
65
Rising health insurance penetration will make healthcare
affordable
International Healthcare Expenditure (as a % of GDP)
India
3.6
Brazil 3.4
4.2
Mexico 2.9
3.3
Australia
6.4
3.1
US
6.8
8.4
0
5
10
15
20
Open Heart
Knee replacement Lap Cholcystectomy
Obesity Surgery
Cost differentials provide a huge untapped market for
medical tourism related business opportunities
Per Capita Spending (PPP)
8000
7285
6000
4000
Public
Private
2000
837
233
109
0
China
Brazil
India
USA
2992
863
UK
China Brazil India USA UK Global
Global
On a per capita basis, both in terms of USD and PPP, India's Healthcare spend is amongst the lowest globally. However India's
healthcare spending is growing at a healthy CAGR of 14%, rising from 5.5 % of GDP (2009) to 8% (2012)
Sources: FICCI & E&Y Report, 2007, IRDA, B&K report, 2009, Crisil, Research on India Report, 2010
19View entire presentation