Monday, 22 August 2016

India Healthcare Sector | Some heartening statistics

  • Overall, the sector is growing at a CAGR of 17% during 2008-20
  • Healthcare revenues (currently at USD 100 billion) to reach USD 280 billion by 2020
  • The Healthcare Information Technology (IT) (currently valued at US$ 1 billion) is expected to grow 1.5 times by 2020
  • Over 80 per cent of the antiretroviral drugs used globally to combat AIDS are supplied by Indian pharmaceutical firms
  • Over 50 technologies in FY 16 for the treatment of Cancer, TB and other diseases
  • The Indian medical tourism industry is pegged at US$ 3 billion (with tourist arrivals estimated at 230,000). This is set to double over the next four years. 

Source: www.ibef.org

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