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India Healthcare Industry 1H13

  • August 2013
  • -
  • Emerging Markets Direct Media Holdings
  • -
  • 33 pages

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India: Healthcare covers the sector overview, sector size, competitive landscape and environmental scanning of the Indian healthcare industry. It also covers market trends and outlook, health status indicators, health infrastructure, human resources, foreign investments, medical tourism and health insurance, industry forecast, plus the profile, comparative matrix and SWOT analysis of the industry leading players: Apollo Hospitals Enterprise Limited, Fortis Healthcare Limited and Max India Limited.

The Indian healthcare industry continued to show resilience in the face of slowdown in FY13 with leading healthcare players recording a double digit growth, both in revenues and net profits. The country is ranked amongst the lowest in the world in terms of government spending on infrastructure. Huge demand-supply gap exists in the Indian healthcare sector. The country lags behind in terms of average number of hospitals, hospital beds, doctors, nurses and other paramedical staff. The huge population accompanied with large prevalence of communicable and non-communicable diseases demands large scale development and growth in this sector. Private sector is playing a big role in this regard accounting for around 70% of the country’s health expenditure.

The government’s flagship programme National Rural Health Mission (NRHM) has been quite successful in raising the standards of people’s health, healthcare infrastructure and healthcare delivery across the country within a short span of seven years. Buoyed by the success of NRHM in raising the rural health standards, the government grouped the National Urban Health Mission with NRHM under one umbrella programme named as the ‘New National Health Mission’.

The outlook for Indian healthcare is positive owing to double digit growth rate in almost all of its segments, whether its primary healthcare, secondary and tertiary healthcare, health insurance or medical tourism. The ever growing population, increasing government expenditure on health and growing per capita income will increase the size of this industry in the years to come.

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