The Indian Healthcare Industry has grown to one of the largest sectors in the country both in terms of revenue and employment. The Industry is expected to touch $160 billion by 2017 accounting for about 4.2% of the GDP. The Medical Device Industry is currently in the spot light with [...]
Being the world’s fastest growing major economy, the demand for healthcare in India is growing significantly and the market is very attractive. According to a study by Institute for Business Value (IBM), it is forecasted that the Indian healthcare spending will grow at 16% per annum, from approx. $77.7 billion in [...]
In the past few years, the Healthcare Industry has made significant progress. Currently pegged at around $158 billion and projected to grow at a CAGR of 29%, the industry is expected to reach $280 billion by 2020. An increasing awareness for quality, more and forward-looking opportunities in medical technology and larger [...]
India bears 17% of the world’s population and with it 20% of the global disease burden but only spends on about 1.3% of its GDP on healthcare. Indian Medical Device Industry is evaluated at around $5 billion and has been growing at a CAGR of 16% in the past 4 [...]
India is not only one of the largest producing countries for generics, but further experiencing a boom in medical tourism which generates additional returns for the Healthcare Industry. India’s Pharmaceutical Industry currently is 3rd largest in terms of volume and 13th largest in terms of value globally as per [...]
