The Indian Healthcare Industry is expected to grow at the rate of more than
15% pa.
The Current Medical devises and equipment market is around US $ 3.15
billion. It is expected to grown steadily at around 18% annually.
Availability if affordable quality healthcare centres attracts many medical
tourists from western countries.
pIndia represents the world’s second largest populated country. there is huge
demand supply gap for healthcare So the country is becoming a source of
opportunities for players operating in these segments.
Around 76 Million Indians are expected to be above 65 years of age by 2012,
there by increasing the prevalence of several chronic diseases.
India, with one of largest population with diabetes and cardiovascular
diseases, has created a huge opportunity for healthcare products and
services for these indications.
The large-scale prevalence of both infectious and lifestyle-related diseases
has created a big opportunity for the IVD market in India.