2008-10-10 12:38:43 - Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report offering a comprehensive outlook of the healthcare market in India.

The report 'Indian Healthcare - New Avenues for Growth' available at www.reportbuyer.com/go/RCS00494 predicts the potential of the Indian healthcare market, which stood at nearly at US$ 38 Billion in 2007, to increase several fold in the next five years.

India represents the world's second largest populated country. With a rapidly expanding economy and increasing urbanisation, the prevalence

of a number of chronic diseases, such as cardiovascular, diabetes, arthritis and cancer, has increased rapidly in India. This had led to the country becoming a source of opportunities for players operating in these segments.

The 75-page report contains unique market-based research and provides a detailed and objective analysis on the Indian healthcare market. It offers a thorough statistical and analytical overview of the Indian healthcare market coupled with past, present and future forecast till 2012 on the entire structure, composition and workings of the Indian healthcare sector. It studies a number of lucrative sectors such as hospital services, pharmaceuticals, medical devices, outsourcing services, infrastructure, and path labs together with a number of other sectors.

Key findings include:
- Total healthcare spending in India is expected to grow at a compound annual growth rate (CAGR) of 17% between 2007 and 2012.
80% of healthcare payments in India are still paid out-of-pocket.
- Around 76 million Indians are expected to be above 65 years of age by 2012, thereby increasing the prevalence of several chronic diseases.
- The large-scale prevalence of both infectious and lifestyle-related diseases has created a big opportunity for the in vitro diagnostic (IVD) market in the country.
- Strong human resources and cost advantage has enabled India to emerge as a strong outsourcing destination.

'Indian Healthcare - New Avenues for Growth' is available from Report Buyer. Please visit:
www.reportbuyer.com/pharma_healthcare/healthcare/indian_healthca ..

Report Buyer product ID: RCS00494

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