Hospitals

Health Care Industry-Introduction

Based on India's healthcare indicators released by the World Health Organisation (WHO), CRISIL Research
estimates the size of the Indian healthcare delivery industry at Rs 3.8 trillion.
With increasing healthcare coverage in India, the industry is expected to grow at 12% CAGR to reach Rs 6.8
trillion in 2019-20. As private investments have been skewed towards in-patient department (IPD) treatments,
the share of IPD treatments in the overall healthcare delivery market is expected to increase marginally to 83%
in 2019-20 from 81% in 2014-15.
Primary Driver :
Changing demographics
increasing income levels
greater health awareness
expanding health insurance coverage
Size of the Industry
Based on health indicators for India released by the World Health Organisation's (WHO) world
health statistics survey, CRISIL Research estimates the size of the Indian healthcare delivery industry,
in 2014-15, at 3.4 billion treatments in volume terms and Rs 3.8 trillion in value terms. While the
inpatient department (IPD) accounted for 81% of the healthcare delivery industry, the out-patient
department (OPD) accounted for the balance. CRISIL Research defines outpatients as patients who
are not required to stay at the hospital overnight.
It includes consultancy, day surgeries and diagnostics and excludes pharmaceuticals purchased from
standalone outlets.
INDUSTRY DRIVERS
Trend in Life expectancy (at birth) & Infant mortality rate: India vs. others