India's healthcare market to grow at 9.3% CAGR by 2028 | Healthcare Asia Magazine
, India
484 views
Photo from Envato

India's healthcare market to grow at 9.3% CAGR by 2028

Policy continuity will drive near-term expenditure growth.

India’s healthcare market will grow at a compound annual growth rate (CAGR) of 9.3% until 2028, despite a slight decrease in its final healthcare budget for FY 2024/25.

BMI attributed the expansion to policy continuity in the near to medium term, supporting long-term goals such as advancing family and maternal health, enhancing the Ayushman Bharat insurance scheme, and improving infrastructure.

“These will be key drivers of public health expenditure growth, which we continue to expect will outpace private sector growth,” the report said.

Meanwhile, rising incomes, increased urbanisation, and expanding health insurance will fuel private expenditure growth.

 

Follow the link s for more news on

Join Healthcare Asia Magazine community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Aster Sanad Hospital to expand specialised care
Its CEO plans to boost centers of excellence in cardiology, orthopaedics, and neurology.
Healthcare
KMI Healthcare to open 100-bed specialist hospital in Penang
Due in 2028, the facility will offer advanced imaging systems and modern surgical tech.
Healthcare
Hospitals need unified strategy vs ransomware
Healthcare was the second-most attacked sector by ransomware in the first half of 2024.
UTAR Hospital’s Ding Lay Ming pushes specialist rural care
The not-for-profit hospital's CEO wants to reach the poor whilst also serving those who can pay.