India represents one of the most rapidly emerging healthcare products and services market in the world, with the worth of around US$ 45.8 Billion in 2009. Moreover, the industry has successfully been able to survive amid global financial turmoil owing to prevalence of chronic as well as communicable diseases, among which the most recent is Swine Flu.
According to our newly updated research report “Indian Healthcare - New Avenues for Growth”, the potentials of the Indian healthcare industry are immense and it is expected to rise exponentially owing to increasing per capita healthcare spending and deliberate investments in this sector by the private players. It is expected that this market will grow at a CAGR of around 21% during 2010-2013. The growth of the healthcare market will mainly be driven by factors such as changing demographics profile, epidemiological transitions and increasing health insurance penetration. Our report discusses about all such key drivers that are stimulating growth in the healthcare market.
India represents the second most populated country in the world. Our research finds that with a rapidly expanding economy and increasing urbanization, prevalence of a number of chronic diseases, such as cardiovascular, diabetes, arthritis and cancer, will increase rapidly in India. In addition to this, our report also explores that sectors such as medical tourism market and pharma outsourcing market will grow at a CAGR of around 31% and 34% respectively during 2010-2013. So, the country is well-poised to become a source of opportunities for players operating in these segments.
“Indian Healthcare - New Avenues for Growth” contains unique industry research and provides a detailed and objective analysis on the Indian healthcare market. It acquaints clients with statistical and analytical overview of the Indian healthcare market coupled with past, present and future forecast till 2013 on the entire composition and functioning of the Indian healthcare sector. Forecast in this research has been done judiciously, considering the possible post-recession impacts on the industry. It also studies a number of related sectors such as hospital services, pharmaceuticals, medical devices, outsourcing services, medical tourism, infrastructure, medical textiles and path labs.
All-in-all, the research report will help clients to have proper insight of the Indian healthcare market’s current and future performance. It will thus be a valuable asset for the new market entrants as it will help them in framing their strategies accordingly.
