Healthcare has become one of India’s largest sectors, both in terms of revenue and employment. Healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, insurance, and medical equipment.
The Indian healthcare sector is growing at a brisk pace thanks to its strengthening coverage, services, and increasing expenditure by the public also private players.
Indian health care delivery system is categorized into two major components: public and personal. The government, i.e. public healthcare system, comprises limited secondary and tertiary care institutions in key cities and focuses on providing basic healthcare facilities within the sort of primary healthcare centers (PHCs) in rural areas.
The private sector provides the bulk of secondary, tertiary, and quaternary care institutions with a serious concentration in metros and tier I and tier-II cities.
India's competitive advantage lies in its large pool of well-trained medical professionals. India is additionally cost-competitive compared to its peers in Asia and Western countries. The value of surgery in India is about one-tenth of that within the US or Western Europe. India ranks 145 among 195 countries in terms of quality and accessibility of healthcare.
The Healthcare industry in India comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, insurance, and medical equipment. The industry is growing at an incredible pace due to its strengthening coverage, services, and increasing expenditure by the public also as private players.
AIIMS as a leading training institute for medical students attracts medical students from all over India
Growing incidence of lifestyle diseases, rising demand for affordable health care delivery systems thanks to the increasing healthcare costs, technological advancements, the emergence of telemedicine, rapid insurance penetration, and government initiatives like e-health alongside tax benefits and incentives are driving the healthcare market in India.
By 2020, India is predicted to rank amongst the highest 3 healthcare markets in terms of incremental growth (source investindia)
By 2020, the healthcare information technology market is predicted to grow 1.5 times from the present $1 bn
By 2022, the diagnostics market is predicted to grow at a CAGR of 20.4% to succeed in $32 bn from $5 bn in 2012
During 2015-20, the in-patient market is predicted to grow at a CAGR of 13%
By 2020, the Indian telemedicine market is predicted to grow at a Compound Annual rate of growth (CAGR) of 20% to succeed in $32 mn from $15 mn
Over the subsequent 10 years, National Digital Health Blueprint can unlock the incremental value of over $200 bn for the health sector.
The top 10 hospitals in India are the following:
AIIMS, All India Institute of Medical Sciences
Indraprastha Apollo Hospital
Tata Memorial Hospital
Indian Spinal Injuries Center
Max Super Speciality Hospital
There are more than 79,000+ hospitals in India and over 4,40,000+ hospitals in the United States.
Let's have a look at the list of hospitals in India with their key decision-maker contact information.