Booming Rural Healthcare Development Hospital Sector In India A Great Opportunity For NRIS To Invest

The Indian healthcare industry seemed to be US$ 65 billion during 2012-13 and is also expected to reach US$ 280 billion by 2020. Large investments by private sector players will certainly contribute significantly to this development of India’s hospital industry, which comprises around 80% from the total market, according towards the report  Indian Hospital Solutions Market Outlook  by consultancy SJSGTRUST. Depending on estimates by ratings bureau Fitch, the sector is poised to grow to USD 100 billion from the year 2015.

Growth people of Indian healthcare market

•     Increase in patient’s population, increasing lifestyle related health concerns

•     Faster diagnosis leading in order to early treatment, awareness on preventive healthcare disorders

•     Affordable cure costs

•     Thrust on professional medical tourism

•     Improving health insurance penetration

•     Increasing disposable cash flow

•     Medical insurance and mandatory wellness checks by corporate and business houses

Opportunities in healthcare industry of India

The Indian healthcare sector is ripe for that expansion and significant growth a result of the reasons mentioned above. One of the main factors is increase within the space of medical tourist in India. Medical tourism in India is growing at a compounded 12-monthly growth rate of over 27 percent during 2009-2012. Medical tourism market is valued to become worth USD 310 million and is also expected to generate UNITED STATES DOLLAR 2. 4 billion by 2013 and is also growing at 30 percent a year.

It has built excellent investments opportunities for that non-resident Indians (NRIs) to supply much needed managerial along with financial support. 

The following sectors have significant opportunities for that investors:

• Hospitals and National infrastructure: There is tremendous requirement for tertiary care hospitals and specialty hospitals inside India. There is a gap between the availability of the dog beds and required beds within the hospital in India containing made NRIs to invest in healthcare.

• Health Insurance: The percentage of the Indian population that's been covered under health insurance is unfortunately very insignificant. Though there is improve in number of medical insurance policies over past few years, majority of the population remains without the coverage. Growing size of middle class population in Asia that spends on healthcare has triggered the emergence of medical care insurance market.

• Technology driven services: Significantly low presence of physicians in rural along with semi-urban areas has triggered the limited access in order to proper healthcare facilities for that people living in most of these areas. Telemedicine is regarded as one of the solutions to this lacuna in option of health care services inside rural and semi-urban locations. Growth of IT market in India, which plays crucial role in telemedicine, has led to invest in healthcare sector.

Public-private relationship model in Indian healthcare and Medical revolution in Madurai

Private healthcare is coming forth as one of the fastest growing sectors inside India, with chain hospital explorations into various cities (such while metros and tier II cities throughout the country), private players looking for accreditation and developing new healthcare models in current days. Further, various says have launched innovative pursuits to attract PPP opportunities into healthcare space. These Public Private Partnership initiatives will help in improving the national infrastructure and healthcare provision in the united kingdom for the needs raised.

Future of healthcare inside India

There is a massive investment opportunities here with regard to India, to maximise using diagnostics within the healthcare environment. We have got very good high-end labs, which are equivalent to any country around the globe, said Mr JeyaKumar, Chairman and Founder ,SJSGTRUST.

In order to create the basic health care facilities towards the Rural world class hospital in Madurai,India, we came with a notion to create the Mother Teresa Hospital & Research Institute where you can provide affordable health care services for the entire rural population. We are starting our footsteps with a first step in this Madudai district of Tamilnadu and gradually spreading all over World.