The out-of-pocket health expenditure in India as a percentage of total current health expenditure shows a declining trend from 59.28% in 2024 to 57.4% in 2028. In 2023, the percentage stood at 59.74%. The year-on-year variation indicates decreases of approximately -0.83% in 2024, followed by -0.83% in 2025, -0.80% in 2026, -0.81% in 2027, and -0.78% in 2028. Over the last two years, the average annual decline has been approximately -0.82%. The Compound Annual Growth Rate (CAGR) over the five-year forecasted period (2024-2028) is around -0.81% per year.
Future trends to watch for include advancements in digital health technology, increased government health spending and policy changes, and a growing focus on health insurance. These factors could further drive down individual out-of-pocket expenditures and shift the burden towards institutional and state funding mechanisms.
