Private Hospital
Private Hospital sector will touch US$ 125 bln. by 2017: ASSOCHAM The Indian private hospitals segment estimated to reach a level of US$ 125 billion by 2017 with a CAGR of 20% against the present level of US$ 70 billion and have significantly increased their investments in Tier II and III cities, according to ASSOCHAM recent Study. Releasing the ASSOCHAM study on “Healthcare in India” Mr. D S Rawat Secretary General ASSOCHAM said, rising income levels and exposure to international standards of quality have led an increasing demand for quality private healthcare, reveals the ASSOCHAM study. The study brought out by the two institutions have also projected that the Indian diagnostic and pathology services contribution to healthcare industry shall touch US$ 5.2 billion by 2017 as against US$ 2.5 billion during 2012-13. The private sector accounts for 80 percent of India’s healthcare delivery market which is higher for India than in any other country in th...