As per our latest report entitled “Indian Healthcare - New Avenues for Growth”, the Indian healthcare market has attracted a large number of domestic and international players during the past few years. The industry is one of the significant contributors to the India’s GDP and its share is likely to increase further as the market offers huge potential for growth. The overall size of the market was estimated at around US$ 69 Billion in 2010 and backed by factors, such as improving infrastructure, strong investment, and government support; the industry will further grow at an impressive CAGR of around 14% during 2010-2013.
The report has identified that, the government support is one of the prominent drivers for the Indian healthcare industry. There are certain key programs and policies that seek to provide better healthcare services to the large mass of society. In the FY 2010, the budget allocation for these programs was around INR 211 Billion and National Rural Health Mission took the largest share.
The report “Indian Healthcare - New Avenues for Growth” covers all the key aspects of the Indian healthcare sector and provides reliable statistics and analysis in the market segments. The report discusses about the spending trends in the healthcare industry along with the sources of funding. It also illustrates key market indicators that act as important drivers for the industry growth. The report investigates the PPP model, which is currently being used in key projects in the Indian healthcare industry, is likely to enlarge its domination in future.
The report is an outcome of an extensive research and prudent analysis of the Indian healthcare market. Coverage of topics, such as eHealth, medical tourism, and clinical trials is meant to equip clients with the latest developments in the market. The forecasting in the report makes use of proper base and techniques that present a realistic outlook. The description and developments of key market players further showcase the private sector participation in the market.
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Article By: Shushmul Maheshwari