Healthcare and Lifesciences
Praxis Global: Private hospitals dominate healthcare sector with 78% market share, public hospitals at 22%
15 Nov 2024
Praxis Global Alliance released a comprehensive report titled Navigating the Future of Healthcare Delivery during an industry event in New Delhi. The report provides critical insights into India’s evolving healthcare landscape, underscoring market growth, technology integration, and strategic imperatives necessary to transform healthcare delivery in India.
India’s healthcare delivery sector, currently valued at approximately ~US$ 135B, is projected to grow at a CAGR of 18%, reaching ~US$ 250B by 2029. This growth is driven by rising health awareness, government policies, medical tourism, and expanding insurance coverage, which all contribute to improved access to healthcare services across the country.