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Noida, Uttar Pradesh, India, 2011/01/31 - Backed by the government support and private sector investments, the Indian healthcare industry is likely to be worth US$ 104 Billion by 2013, RNCOS identified.
Despite the global economic downturn, the Indian economy has been witnessing phenomenal growth patterns and healthcare industry has contributed a major proportion to this growth. The industry has witnessed a robust double-digit growth rate during the past few years and reached to the mark of US$ 69 Billion in 2010, backed by factors like, growing population, strong private sector participation, and the government support. The market is further likely to witness splendid growth in coming years and is projected to reach around US$ 104 Billion by 2013, says our new report “Indian Healthcare - New Avenues for Growth”.
Our report has found that medical equipments market in India is one of the fastest growing healthcare segments. The segment was valued at around US$ 2.75 Billion during 2008 and is projected to reach US$ 6 Billion by 2015 end. The market is primarily boosted by increasing availability of health insurance and high demand for better medical services by population. Among various constituents, medical electronic equipments is likely to grow at a fast pace.
The report “Indian Healthcare - New Avenues for Growth”, presents almost every aspect of the Indian healthcare industry. The report analyzes current trends prevailing in the market and interprets their impact on future outlook of the industry. In the healthcare services section, the report broadly outlines industry structure and scenario in sub-segments such as, hospitals & beds, path labs & diagnostics, education among others. Moreover, the report covers other key segments of the industry like, pharmaceuticals, medical travels, healthcare outsourcing, health insurance etc.
The report is an outcome of an in-depth research and objective analysis of the Indian healthcare industry. It studies the prevalence of key diseases in the country and their contribution to the overall industry. The report also describes regulatory landscape and PPP model in healthcare, which are affecting industry activities. The future outlook has also been presented in the report and for this, use of effective methods and techniques have been taken. Last but not the least, the report also covers key players and their recent activities.
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.