Indian Healthcare Industry: Sustainable Growth:
Indian healthcare industry is on a robust growth curve with enormous scope for investing in new specialty/multi specialty hospitals (or) expansion of existing facilities in recent days and installation of advanced equipments/technology up gradation. According to industry experts, definitely these factors will enable healthcare players to serve the increasing patient population to access qualitative diagnosis and treatment at affordable price models.
According to a report by an industry body, The Indian health care sector is reckoned to be the engine of the economy in the coming years.
Health care industry in India is predicted to reach US $150 billion by 2017 and approx. US $ 250 billion by 2020, contributing an expected Gross Domestic Product spend of 8 % by 2012 from 5.5 % in 2009. The segment from dedicated pharmacies to medical colleges, gives up bigger investment avenues and competitive advantages, modern facilities with highly technology oriented and good skill development in the Indian healthcare space in near future.
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