India’s healthcare and hospital sector appears immune to recessionary trends. Growth in recent years has averaged 14-15%, even as other parts of the economy have struggled. We (ValueNotes) believe that double-digit growth will continue for at least a decade, if not more. This is driven by the chronic (and substantial) shortage of hospital and healthcare capacity, coupled with rapid growth of the middle class as well as health insurance.
This is well known, but the sector is also transforming rapidly – with implications for all stakeholders. This infographic seeks to highlight a few key trends.