Expansions of Metropolitan Cities to Boost Hospital Services in India

Enormous infrastructure expansion in the topmost metropolitan cities are leading to growth in hospital services’ market, which is anticipated to grow at a CAGR of around 25% during FY 2010-2012.

 

Noida, UP -- (SBWIRE) -- 03/14/2012 -- The hospital service market in India has revealed enormous potential for growth over the last few years. The market has drawn the attention of many investors from different parts of the world, fuelled by vigorous growth and fast infrastructure expansion that has infused life in the healthcare system. Strong demands for hospital services in metropolitan cities are bound to fuel the growth of the hospital services’ sector. Thus, the hospital services’ market is anticipated to grow at a CAGR of around 25% during FY 2010-2012 according to our report, “Booming Hospital Services Market in India”.

Our research identified huge investments by big private players including Apollo, Fortis, Max Healthcare, and global hospitals in the metropolitan cities like Delhi and Mumbai, for expanding their operations and increasing bed capacity. These cities are densely populated and have high proportion of middle-income earners, and the quality of life is better than in other Tier-II and -III cities. The demand for superior quality healthcare services is high in these areas thus creating attracting potential for investments by private players.

According to our industry experts, in order to meet the international standards in hospital services, India is required to cope up with a cumulative deficit of more than 2 Million hospital beds by 2014. It would require heavy investments from public and private sector, majority of which will be spent on healthcare infrastructure development to ensure proper development of the industry.

Besides, the report provides extensive information and rational analysis of the Indian hospital sector. It also provides analysis of factors that are driving growth in the industry and also identified certain challenges in the current scenario. Analysis and statistics regarding market size, growth, share, segmentation, and geographic distribution have been thoroughly analyzed to present a comprehensive overview of the market. The industry estimate presented in the report is based on numerous economic models together with a correlation and regression analysis and most significantly judgmental analysis of our team of industry experts.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM239.htm

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