Indian Healthcare industry is expected to reach US $100 billion(1) by 2015. It may be well over US $ 80 billion by 2014.
In 2014, various sectors of Indian Healthcare are estimated at following market sizes:
•Private Hospitals – US $ 54 billion(2)
•Medical Infrastructure and devices - US$ 5.8 billion
•Health insurance - US$ 916.40 million
•Public Hospitals, Outsourcing, Telemedicine and medicine – US $
40 billion
Trends and Investments - The Indian healthcare providers plan to spend Rs 5,700 crore (US$ 916.40 million) on IT products and services in 2013, a 7 per cent rise over 2012 revenues worth Rs 5,300 crore (US$ 852.09 million), as per a report by Gartner.
Some of the major investments:
•Trivitron Healthcare has joined hands with India Value Fund Advisors (IVFA) to finance its next phase of growth. IVFA has invested Rs 150 crore (US$ 24.12 million) for a minority stake in the company.
•IDFC Alternatives has invested Rs 125 crore (US$ 20.10 million) in Medi Assist Healthcare, a development that continues to reiterate risk capital's strong focus on the sector.
•Cadila Pharmaceuticals Ltd (CPL) has decided to invest another Rs 100 crore (US$ 16.08 million) on expansion, upgradation and modernisation of its manufacturing unit at Samba in Jammu district. companies said in a joint statement.