For the complete report, get in touch with us at : info@netscribes.com Indian hospital market faces a critical crunch in the number of hospital beds in comparison to the demand it faces. The hospital market in India has strong growth potential that is characterized by continual possibility of growth. Persistent growth in population necessitates the growth in both public as well as private hospital facilities to cater to population of varied economic standards residing in the country. A gradual trend is being observed in terms of demand for quality healthcare service within the hospital market. This is not only because of changing nature of Indian patient population but also due to the booming medical tourism that India is currently catering to. As a result of these, the sector is attracting good amount of foreign investments or foreign hospital chains establishing business in the country. The Indian government is also undertaking numerous initiatives including tax incentives and budget allocations that would aid in investment inflow and betterment of the market. Indian entrepreneurs are bringing in innovation within the hospital business by revolutionizing the approach towards healthcare delivery. Initiatives are being taken to penetrate smaller cities and towns where the private sector was hesitant to penetrate even a few years back. Primary and secondary care is being offered through specialty clinics or smaller hospitals specializing in few key areas to reduce their cost of operation yet increase revenue by carrying out more number of the selected few procedures. On the other hand, mobile hospitals and telemedicine is being popularized to reach patient population in rural and urban slum areas for delivering immediate healthcare services.

1. FOR IMMEDIATE RELEASE
Shortage of hospital beds and prevalence of lifestyle diseases propelling growth of hospital market
Netscribes, Inc. launches a report on the Hospital Market in India 2013, covering a market with strong
growth potential. It is a part of Netscribes’ Healthcare Series
Mumbai, India – July 25, 2013 – Global market intelligence firm Netscribes Inc. has released its latest
report on the ‘Hospital Market in India 2013’, which describes the Indian hospital market as one with the
strongest growth potential in the healthcare sector.
The Indian hospital market faces a critical crunch in the number of hospital beds in comparison to the
demand. Persistent growth in population necessitates the growth in both public and private hospital
facilities to cater to population of varied economic standards residing in the country.
The country has witnessed a growing demand for quality healthcare service. This is not only because of
changing nature of Indian patient population but also due to the booming medical tourism that India is
currently witnessing. As a result, the sector is attracting a good amount of foreign investments in the
hospital market in India. The Indian government is also undertaking numerous initiatives including tax
incentives and budget allocations that would aid in investment inflow and betterment of the market.
Indian entrepreneurs are bringing in innovation in the hospital business by revolutionizing the approach
towards healthcare delivery. Initiatives are being taken to penetrate smaller cities and towns where the
private sector was hesitant to penetrate even a few years back. Primary and secondary care is being
offered through specialty clinics or smaller hospitals specializing in few key areas to reduce their cost of
operation while still looking to increase revenue by carrying out a number of selected procedures. On the
other hand, mobile hospitals and telemedicine is being popularized so that they can reach the patient
population in rural and urban slum areas and deliver immediate healthcare services.
The competitive landscape of the Indian hospital market is primarily segmented into two spheres: public
and private. The public hospitals operating in the country provide service at a subsidized rate that
enables the under-privileged to have access to reliable treatment. However, in the private segment
hospital business in India is dominated by 11 key players that operate on a chain basis, either regionally
or nationally. On the other hand, the leading hospitals in the country operate in the standalone format.
With the penetration level of private players in the market increasing, healthcare delivery is becoming
intensively competitive among the private players, which in turn is resulting in constant development in
terms of service offered by them.
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