Healthcare industry in India growing at a rapid pace, says the health minister
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Union Minister for Health and Family Welfare J P Nadda on his recent visit to Kochi has reiterated the fact the Indian healthcare industry continues to attract medical tourists. He further said that the industry is rapidly growing, and is likely to reach 160 billion dollar by 2017. This growth has witnessed contribution from both private and public sectors.
Elaborating further on this exponential growth, Nadda has implied to have said that hospitals have contributed 68 per cent to the healthcare growth. Pharma and medical equipment industry have also made significant investment to help india develop into a global healthcare hub.
He further implied that 33 percent of these hospitals are now located in metros and tier 2 cities. This fact clearly indicates that tier 2 and tier 3 cities require more healthcare investment attention. As a result, investment in healthcare infrastructure in hospitals and education will be more.
Elaborating further on this exponential growth, Nadda has implied to have said that hospitals have contributed 68 per cent to the healthcare growth. Pharma and medical equipment industry have also made significant investment to help india develop into a global healthcare hub.
He further implied that 33 percent of these hospitals are now located in metros and tier 2 cities. This fact clearly indicates that tier 2 and tier 3 cities require more healthcare investment attention. As a result, investment in healthcare infrastructure in hospitals and education will be more.
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