Trade Analytics

Healthcare Industry in India

Latest update: February, 2017

Strong growth in healthcare expenditure

  • Healthcare industry is growing at a tremendous pace owing to its strengthening coverage, services and increasing expenditure by public as well private players.
  • During 2008-20, the market is expected to record a CAGR of 16.5 per cent.
  • The total industry size is expected to touch US$ 160 billion by 2017 and US$ 280 billion by 2020.
  • As per the Ministry of Health, development of 50 technologies has been targeted in the FY16, for the treatment of disease like Cancer and TB.
Growth

Supportive policies drive FDI inflows

  • 100 per cent FDI is allowed under the automatic route for greenfield projects.
  • For brownfield project investments, up to 100 per cent FDI is permitted under the government route.
  • Demand growth, cost advantages and policy support have been instrumental in attracting FDI.
Passenger vehicle exports from India

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