Although the bulk of the total demand is expected to come from the “Rashtriya Swasthaya Bima Yojna” (RSBY), we expect a number of private and government health insurance providers to adopt smart card technology in the short and medium terms.

1. Indian Healthcare Sector to Create a Demand for 34 Million Smart
Cards
Although the bulk of the total demand is expected to come from the “Rashtriya Swasthaya Bima
Yojna” (RSBY), we expect a number of private and government health insurance providers to
adopt smart card technology in the short and medium terms.
IMARC Group, one of the world’s leading research and advisory firms, in its latest report on the
Indian smart card industry, expects India’s healthcare sector to create a total demand of 34
million smart cards during 2013-2018. According to the report, the application of smart card
technology can protect patient records and significantly reduce paper work. Smart cards can
hold encrypted patient information and use a digital signature or a biometric template to reduce
ambiguity about the cardholder’s identification. The usage of smart cards can also reduce the
occurrence of fraud in health benefit claims - a significant issue for both private and public
health insurance firms.
Findings from the report suggest that the bulk o f the demand in the healthcare sector currently
comes from the “Rashtriya Swasthaya Bima Yojna”. The Rashtriya Swasthaya Bima Yojna
(RSBY) is a Central Government’s health insurance scheme for the unorganized sector workers
belonging to the BPL (below poverty line) category and their family members. The RSBY
became operational from 01/04/2008 and estimates from the report suggest that as on April 3,
2013, 34.4 million smart cards had already been issued. Apart from the RSBY, the report also
expects a number of other healthcare providers to introduce smart cards in the coming years.
Government healthcare providers such as Ex-Servicemen Contributory Health Scheme (ECHS),
Central Government Health Scheme (CGHS), etc are already providing smart cards to their
members. Although most government and private health insurance providers are currently
providing non-smart card based health cards to their members, we expect most of them to
adopt smart card technology in the short and medium terms.
IMARC’s new report entitled “Smart Card Industry in India: SIM, Identity, Banking,
Transport, Healthcare, Pay TV, Loyalty & PDS” gives a deep insight into the Indian smart
cards market. The research study serves as an analytical as well as a statistical tool to
understand not only the market trends, structure, drivers and restraints but also the outlook of

2. the market till 2018. This report aims to serve as an excellent guide for investors, researchers,
consultants, marketing strategists, and all those who are planning to foray into the Indian smart
cards market in some form or the other.
To buy the complete report or to get a free sample, please contact:
IMARC Group Asia
Email: apac@imarcgroup.com
Phone: +91-120-415-5099
IMARC Group North America
Email: america@imarcgroup.com
Phone: +1-631-791-1145
IMARC Group Europe, Middle East & Africa
Email:ema@imarcgroup.com
Phone: +44-702-409-7331
To know more please visit: http://www.imarcgroup.com/smart-card-industry-in-india/