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Indian healthcare sector is growing at a 15 per cent CAGR to reach US$ 158.2 billion by 2017.

Growth of Healthcare Industry in India - Infographic

Latest update: December, 2017

  • Healthcare has become one of India's largest sectors both in terms of revenue and employment.
  • During 2008-22, the market is expected to record a CAGR of 16.28 per cent.
  • The total industry size is expected to touch US$ 160 billion by 2017 and US$ 372 billion by 2022.
  • Indian companies are entering into merger and acquisitions with domestic and foreign companies to drive growth and gain new markets.
  • The hospital industry in India stood at Rs 4 trillion (US$ 61.79 billion) in 2017 and is expected to increase at a Compound Annual Growth Rate (CAGR) of 16-17 per cent to reach Rs 8.6 trillion (US$ 132.84 billion) by 2023.

Notes: F - Forecast, CAGR - Compounded Annual Growth Rate
Source: Frost and Sullivan, LSI Financial Services, Deloitte, Aranca Research

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