Forecast: Private health expenditure per capita in India

In 2024, private health expenditure per capita in India is forecasted to grow, reaching an expected $221.22 (in 2023, the actual was $216.00). The data exhibits a steady year-on-year growth, with 2025 and 2026 seeing increments of 2.45% and 2.34% respectively. Similarly, 2027 and 2028 are predicted to continue this trend, with increases of 2.24% and 2.15% respectively. These figures indicate an average compound annual growth rate (CAGR) of approximately 2.25% over the period from 2024 to 2028.

Future trends to monitor include the impact of healthcare policy changes, technological advancements in medical services, demographic shifts, and economic factors such as inflation and purchasing power parity adjustments. These factors could influence expenditure patterns, potentially altering growth trajectories.