Indian Healthcare - New Avenues for Growth

PRLog (Press Release) - Jul. 1, 2011 - India is currently one of the most lucrative healthcare markets globally with around US$ 69 Billion worth size in 2010. The country has got several growth drivers that are backing the industry potentials. Large population, prevalence of various diseases, untapped market, increasing urbanization, rising life expectancy, and active private sector participation  are some of the leading factors that have supported the industry growth. Despite global economic slowdown, the industry exhibited good growth patterns and is further likely to witness significant developments in future.

E-health is a relatively new, but fast emerging segment of the Indian healthcare industry. Usage of information technology in bringing structural changes in healthcare delivery models has been applauded in the West and the same strategy is being adopted by the Indian medical service providers. Programs related to mobile health and telemedicine are being implemented in many regions across the country by authorities and players. As the country has a large base of mobile users, the potential for the growth of mobile health and telemedicine is attractive.

To provide better healthcare services, the Public Private Partnership (PPP) Model has been adopted by the Indian government at both the central and the state level. The model seeks to improve healthcare infrastructure through expertise of private sector and better support of public sector. Moreover, we have found that regulatory structure related to the healthcare industry has been very liberal and supportive. The country has allocated good budgetary amounts for various policies and initiatives. Besides, various health related programs are being implemented at the national level.

The report “Indian Healthcare - New Avenues for Growth”, analyzes several factors that are critical to the growth of the industry. It provides a detail and in-depth analysis of the Indian healthcare market and acquaints clients with reliable market statistics. The report identifies current and past trends of the industry and analyzes the impact in a comprehensive manner. Future forecast till 2013 and the growth drivers have also been provided in the report. Overall, the research report will help clients to have a 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.
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