Assistant Professor – MBA, Nehru Institute of Technology, Coimbatore
Abstract
The Indian healthcare industry, which comprises hospitals, medical infrastructure, medical devices, clinical trials, outsourcing, telemedicine, health insurance and medical equipment, is expected to reach US$ 160 billion by 2017.Technology is rapidly changing the way healthcare is delivered across the country. The Indian healthcare sector is expected to become a US $280 billion industry by 2020, with spending on health estimated to grow 14% annually, according to a report by an industry body. The Indian healthcare industry, which comprises hospitals, medical infrastructure, medical devices, clinical trials, outsourcing, telemedicine, health insurance and medical equipment, is expected to reach US$ 160 billion by 2017. Technology is rapidly changing the way healthcare is delivered across the country. The Indian healthcare sector is expected to become a US $280 billion industry by 2020, with spending on health estimated to grow 14% annually, according to a report by an industry body.
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