DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/b10d1c/indian_hospital_in) has announced the addition of the "Indian Hospital Industry" report to their offering.
The Indian healthcare industry is estimated to be valued at Rs2.8tn in size in FY11, growing at a 5-year CAGR of 13.1% p.a. According to CARE Research estimates, hospital industry accounts for roughly 70% of total healthcare market. The hospital industry is classified into three segments, namely - primary, secondary and tertiary. The Indian hospital industry can be broadly categorized as 1) highly fragmented in nature due to large presence of unorganized players, 2) capital intensive with long gestation period, 3) positive supply demand fundamentals, 4) favourable government policies and 4) attractive business model for long term investors with project IRR of 15-17%.
Over the next five years, the size of the healthcare industry is expected to almost double driven by rise in per capita spending on healthcare, change in demographic profile, transition in disease profile, increase in health insurance penetration, & fast growing medical tourism market. Given limited room for significant increase in public spending due to worsening fiscal deficit scenario and low faith in the public health system, CARE Research believes that private institutions will be the major beneficiary of the growing healthcare market. In addition, the government will continue to incentivise private sector to invest into healthcare sector in the form of favourable tax & investment policies.
Companies Mentioned:
- Apollo hospitals enterprises
- Fortis healthcare india ltd
- Kovai medical centre and hospital ltd
- Dr. Agarwals Eye Hospital ltd
For more information visit http://www.researchandmarkets.com/research/b10d1c/indian_hospital_in
CONTACT:
Research and Markets
Laura Wood, Senior Manager,
[email protected]
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
KEYWORDS: Asia Pacific India
INDUSTRY KEYWORDS: Health Hospitals
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