Healthcare Industry in India

India's hospital market was valued at US$ 98.98 billion in 2023, projected to grow at a CAGR of 8.0% from 2024 to 2032, reaching an estimated value of US$ 193.59 billion by 2032.

Advantage India

Strong
Demand

*The demand for Indian healthcare professionals is expected to double nationally and globally by 2030.

*By 2025, India will require three million additional hospital beds to achieve the target of three beds per 1,000 people, along with 1.54 million doctors and 2.4 million nurses to address the growing healthcare demand.

Strong Demand

Attractive
Opportunities

*India’s public expenditure on healthcare is expected to be 1.9% of GDP in FY26, compared to 2.5% in FY25, as per the Economic Survey 2024-25.

*The Indian healthcare sector is witnessing unprecedented growth, with private equity investment in Indian healthcare surging to Rs. 4,900 crore (US$ 572 million) across 33 deals in Q2 CY25.

Attractive Opportunities

Rising
Manpower

*Availability of a large pool of well-trained medical professionals in the country.

*India's healthcare workforce has already exceeded 6 million as of CY24. However, this represents only the beginning, as the sector is anticipated to experience substantial growth, with over 6.3 million additional jobs expected by CY30.

Rising Manpower

Policy and
government support

*The Government aims to develop India as a global healthcare hub.

*The government has allocated Rs. 99,858 crore (US$ 11.50 billion) to the healthcare sector in the Union budget 2025-26 for the development, maintenance, and enhancement of the country's healthcare system. This reflects a 9.78% increase from the previous allocation of Rs. 90,958 crore (US$ 10.47 billion) in FY25.

Policy and Government Support
Last updated: Oct, 2025

Major Healthcare Centers in India

  • Delhi
  • Mumbai
  • Hyderabad
  • Kolkata
  • Chennai
  • Bengaluru
  • Ahmedabad
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