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Healthcare Industry will Boost the Indian Economy

Released on = August 3, 2006, 11:11 pm

Press Release Author = RNCOS

Industry = Healthcare

Press Release Summary = The rapid growth in the Indian healthcare sector is poised
to be the future growth driver for the economy. India's health expenditure is among
the highest for developing countries.

Press Release Body = India's healthcare services industry is expected to be very
appreciable in the near future. The Indian healthcare sector is anticipated to be
the future growth driver for the economy. The Indian government expects that the
healthcare industry, which is currently valued at $17 billion and comprises of
hospital service, healthcare equipment, managed care and pharmaceuticals would grow
at a rate of 13 percent annually.

The Indian healthcare industry overview indicates it has the same exponential growth
potential as software and pharmaceutical industries in the country. Till now only
12% of the opportunities in Indian healthcare sector has been dug.

In terms of percentage of GDP, India's expenditure on health is among the highest of
the developing countries. With the gaping difference in health costs between Indian
and western countries, India is now the preferred destination quality health
solutions. Other reasons account to the improved healthcare sector performance
through growth in pharmaceutical market and health insurance market in the country.

The recent market research report, "Opportunities in Indian Healthcare Sector"
published by RNOCS informs that the country's healthcare expenditure constitute 5.2%
of its GDP. The health market, which includes retail healthcare, healthcare
services, medical and diagnostic equipment and supplies are valued at $31 billion.
In addition the Indian healthcare industry has over 4 million people engaged in it,
making it one of the largest service sectors in the economy.

The research report also addresses critical issues and facts, which relate to -
. The emerging trends in the healthcare sector in India.
. The key regulations and policy environment in the industry.
. The future scenario of the healthcare market in India.
. The key players in this market.
. The key opportunities in healthcare sector of India.
. The challenges faced by the industry.
. Other economic factors affecting the healthcare market in India.

RNCOS' report is based on extensive research giving an objective analysis of the
healthcare sector in India. It also provides detailed data and analysis, which can
be beneficial for investors to understand the changing dynamics of the healthcare
industry. Others, connected with growth in pharmaceutical market can also capitalize
by studying this report.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy http://www.rncos.com/Report/IM054.htm
For more information about the report please visit www.rncos.com


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com

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