Tuesday, May 4, 2010

Indian Healthcare - New Avenues for Growth

India is one of the most rapidly growing health care products and services on the market in the world, with a value of around U.S. $ 45.8 billion in 2009. Moreover, industry has successfully been able to survive in the middle global financial turmoil because of the prevalence of chronic and communicable diseases, among which the most recent is swine flu.

According to our newly updated research report "Indian Healthcare - New opportunities for growth", is the potential for the Indian healthcare industry immense, and it is expected to grow exponentially as a result of rising per capita health care costs and deliberate investment in this sector to private players. It is expected that this market will grow at CAGR of around 21% in 2010-2013. Growth in the healthcare market will primarily be driven by factors such as demographic profile, epidemiological transitions, and increasing health insurance penetration. Our report discusses all of these key drivers that are stimulating growth in the healthcare market.

India is the second most populated country in the world. Our research finds that with a rapidly growing economy and increasing urbanization, the prevalence of some chronic diseases such as cardiovascular, diabetes, arthritis and cancer, will increase rapidly in India. Besides this, our report explores the sectors like medical tourism market and pharmacy outsourcing market will grow at a CAGR of around 31% and 34% during 2010-2013. So it is well-prepared to become a source of opportunities for players operating in these segments.

"Indian Healthcare - New opportunities for growth" provides unique industry research and provides a detailed and objective analysis of 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. So far this research has been done with care, considering the possible post-recession impact on industry. It also studies a number of related sectors such as hospital care, pharmaceuticals, medical devices, outsourcing services, medical tourism, infrastructure, medical textiles and path labs.

All-in-all, the research report help clients to have a proper insight into the Indian healthcare market's current and future performance. It will thus be a valuable asset for new entrants, as it will help them in formulating their strategies accordingly.

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