Research and Markets: Indian Hospital Industry - Indian Medical Tourism Is Estimated To Grow Into a US$2 Billion Industry By 2012

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/36c21d/indian_hospital_in) has announced the addition of the "Indian Hospital Industry" report to their offering.

Hospital industry is an important component of the value chain in the Indian Healthcare sector. According to Cygnus, the total healthcare industry, which is estimated at US$ 50 billion in 2010, is further projected to grow at a CAGR of about 23% to cross the US$ 75 billion milestone by the year 2012. Of the total healthcare market size in 2010, near about 40-45% was contributed by the hospital industry. Newfound prosperity of many Indian households is spurring demand for high-quality medical care, transforming the healthcare delivery sector into a profitable industry. Medial tourism is changing the face of traditional healthcare industry in India. India's excellence in the field of modern medicine and its ancient methods of physical and spiritual wellbeing make it the most favourable destination for good health and peaceful living. India's cost advantage and explosive growth of private hospitals, equipped with latest technology and skilled healthcare professionals has made it a preferred destination for medical tourism. According to Ministry of Commerce and Industry, Indian medical tourism is estimated to grow into a US$2 billion industry by 2012.

The above background initiated need for a comprehensive Industry Insight on Hospital industry. Overview of the hospital industry in India with a brief preamble of global healthcare and hospital industry is discussed in the beginning along with its classification according to its objective, ownership and system of medicine. Application of technology, growth drivers, issues and challenges, regulatory environment and most importantly quality control and accreditation is discussed in total 10 chapters.

Companies Mentioned:

  • Apollo Group of Hospitals
  • Bombay Hospital and Medical Research Centre
  • Christian Medical College (CMC), Vellore
  • Fortis Escorts Heart Institute
  • Jaslok Hospital
  • L.V Prasad's Eye Institute
  • Lilavati Hospital
  • P.D Hinduja Hospital
  • Sankara Nethralaya
  • Wockhardt Hospital

For more information visit http://www.researchandmarkets.com/research/36c21d/indian_hospital_in

Contacts

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Contacts

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716