Indian Healthcare Industry -2012

Synopsis

Buoyed by a congenial economic environment and demographic changes, the Indian healthcare industry has experienced exceptional growth over the past few years. In 2010, the industry was valued at USD 50 billion and was projected to grow at a healthy CAGR of 15 percent for the next five years. This momentum is expected to continue and place the sector at the top of the service sector players in India.
Globally, the industry is amongst fastest growing sectors, with approximate revenues of USD 5.5 trillion in 2010. Within this context, India is viewed as one of the most promising markets among the developing countries and is projected to reach USD 140 billion by 2017. This report gives a comprehensive insight into the soaring Indian healthcare industry. It analyses the wide and diverse spectrum of Indian healthcare, with emphasis on opportunities in the areas of hospital infrastructure, pharmaceuticals, medical equipment, diagnostic labs and emerging fields like healthcare tourism, clinical trials & research and telemedicine.
The overall industry scenario is upbeat, propelled by a growing economy, shifting demographics, rising disposable incomes, high incidence of lifestyle-induced diseases, new investment avenues and a large pool of talented and cost-effective human resource. The segments that are reaping the most benefits are hospitals, pharmaceuticals, medical equipment companies, pathological labs and other service providers,
The Indian government, on its part, is promoting this sector through positive regulations like the introduction of the Health Bill, which proposes to bring all independent bodies like the Medical Council of India (MCI), the Dental Council of India (DCI), the Pharmacy Council of India (PCI) and the Nursing Council of India (NCI) under a centralized authority. The government is also increasing public expenditure on healthcare to 2.5 percent of GDP from 1 percent, encouraging public-private partnerships (PPP) in hospital infrastructure, and boosting medical tourism. Taking advantage of the prevalent optimistic atmosphere, many foreign players are looking to enter the country, especially in Tier-II and Tier-III cities, which have huge untapped markets.
Meanwhile, the generic drugs market is set to expand, since most patents are going to expire in the next 5 years. Simultaneously, health cities and single specialty clinics are gaining prominence in promoting quality healthcare services at affordable prices. Health insurance portability is expected to increase the penetration of insurance by not only improving the quality of service levels, but also by raising competition among insurers to retain customers.
Our report also profiles a few of the major players like Apollo Hospitals Group, Fortis Healthcare Group, and Ranbaxy Pharmaceuticals, among others. It looks at the financials of these companies in the context of key growth factors, thereby demonstrating the innate potential of the sector.
The report aims to facilitate various international investors interested in the healthcare industry in India. Entrepreneurs who wish to set up hospitals and other components of the entire healthcare value chain and are contemplating entering into healthcare delivery may gain insight into the sector through this report. Interested players who plan to set up pharmaceutical companies, exporters and importers both in India and overseas, banks, industry researchers, analysts, financial institutes offering credit services to the sector, healthcare-related professionals and individual investors tracking different segments of healthcare industry in India may also find this report valuable.

SCOPE OF THE REPORT

• Encompasses the entire healthcare manufacturing and services industry with their market size and share
• Opportunities in various segments of the industry
• Outlook of the industry

KEY FEATURES DISCUSSED

• Indian & Global market outlook
• Growth drivers and trends of the industry
• Implications of the Union Budget 2012-13 on the industry
• Emerging fields and their growth trends
• Comparative Cost Advantage
• Key Investments and M&A activities in respective segments
• Export & Import of pharmaceuticals, healthcare products and medical equipment

WHY ONE SHOULD BUY

• Comprehensive outlook of the industry
• Detailed analysis of all the segments and their opportunities has been discussed
• Better understanding of the market vis-à-vis market prospects
• Better positioning of products and service



BENEFICIARIES OF THE REPORT

• Pharmaceutical Companies and Healthcare Service Providers
• Educational Institutes
• Business Research, KPO & Consulting companies
• Medical Equipment and Devices Manufacturers/Suppliers
• IT & ITES in Healthcare Sector
• Medical Practitioners & Clinical Trial Specialists
• Government and Policy Makers
• Commercial and Investment Banks
• Individuals/Investors