Healthcare has become one of India’s largest sectors both in terms of revenue and employment.
During 2008-22, the market is expected to record a CAGR of 16.28 per cent.
The total industry size is expected to touch US$ 160 billion by 2017 and US$ 372 billion by 2022.
Indian companies are entering into merger and acquisitions with domestic and foreign companies to drive growth and gain new markets.
The hospital industry in India stood at US$ 61.79 billion in 2017 and is expected to increase at a Compound Annual Growth Rate (CAGR) of 16-17 per cent to reach US$ 132.84 billion by 2023.
Engagement through regular visits and providing innovation should prove to be fruitful in this growth economy.