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Industry : Hospitals Functional Area : Growth
Activity:  1 comments  510 views  last activity : 07 06 2010 20:18:04 +0000
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India's healthcare sector is expected to grow at 23 per cent annually to become a $77-billion industry by 2012, a report says. According to the report, jointly prepared by the Associated Chambers of Commerce and Industry (Assocham) and Yes Bank, India's healthcare sector has grown at 9.3 per cent annually during 2000-09.

With an increasing demand for affordable quality healthcare, the penetration of health insurance is poised to undergo an exponential growth to emerge as a $3 billion industry in the next three years. However, the corresponding growth in health infrastructure is yet to match the basic healthcare facilities in many other countries. For instance, the present number of nine beds per 10,000 people in India is far behind the world average of 40 beds per 10,000, the report said.

 
1 comments on "Healthcare to become $77-bn sector in India by 2012"
  Commented by  Dayanand Deshpande, Senior Consultant, Ernst & Young    | 12 03 2009 13:40:29 +0000
interesting !!! Seems the healthcare sector is on a roll.
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