India is one of the world’s rapidly emerging healthcare markets. In the past few years, the country’s healthcare industry, including the market for hospital services, has witnessed a remarkable growth on back of increasing investment in infrastructure development. According to a new research report by RNCOS, mobile surgical center is emerging as a new concept in the country’s healthcare industry that bridges the demand and supply gap by providing better services. With the rising income levels and increasing coverage, per head healthcare spending in India is estimated to reach over US$ 120 by 2014.
Research Analysis & Highlights
The report, “Indian Healthcare - New Avenues for Growth” is spread over 85 pages and provides a detailed research and rational analysis of the current status and expected position of the healthcare industry in India. The study facilitates forecasts for hospital services and various markets like pharmaceutical, medical equipment and medical tourism during 2011-2014. The comprehensive research reveals that pharmaceutical and medical device segment is among the lucrative sectors in the Indian healthcare industry. It also includes analysis of e-health with respect to healthcare IT and telemedicine. The research report also highlights the market trends, and provides information about key players in various segments to present a balanced outlook of the healthcare industry in India.
Some of the key findings of the report are:
Medical tourism industry is expected to post a CAGR of around 26% during 2011-2014.
PE funds have invested US$ 2.53 Billion in 216 healthcare deals since 2005 in India.
The hospital services market is anticipated to register double-digit growth during the forecast period.
The number of doctors is likely to augment further in India as a large population seeks treatments for various diseases.
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.
Article By: Shushmul Maheshwari