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Business opportunities in private hospital sector in india
Business opportunities in private hospital sector in india
Business opportunities in private hospital sector in india
Business opportunities in private hospital sector in india
Business opportunities in private hospital sector in india
Business opportunities in private hospital sector in india
Business opportunities in private hospital sector in india
Business opportunities in private hospital sector in india
Business opportunities in private hospital sector in india
Business opportunities in private hospital sector in india
Business opportunities in private hospital sector in india
Business opportunities in private hospital sector in india
Business opportunities in private hospital sector in india
Business opportunities in private hospital sector in india
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Business opportunities in private hospital sector in india

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  • 1. Business Opportunities in Private Hospital Sector in India Time to seize the business opportunity
  • 2. The Growth of Healthcare Industry in India • Indian government has decided to increase its health expenditures to 2.5 % of GDP by the end of 2017 • Healthcare sector is expected to reach USD 100 billion by 2015 - this means annual growth rate of 20% • The hospital service industry in India is growing very fast with CAGR of 9% • Medical tourism industry is important revenue source (~20% of revenues) for hospitals – it is worth of $2 billion and growing annually 20%. • Three identified growth sectors are oncology, orthopaedics and cardiology • • 10/22/2013 100 per cent FDI is permitted for health and medical services Reduction of customs duty for 5-7.5% on all medical, surgical and dental equipment © Finpro 2
  • 3. Private Hospital Sector in India • Private sector accounts for 65% of the total number of operational beds and over 80% of the healthcare spending • It is expected to grow 24.1% annually until 2020 - it will contribute 80% of the USD 86 billion healthcare investment required until 2025 • In the private sector supply processes for new procurements are shorter and more flexible than in the governmental hospitals • Private sector provides special healthcare services -they have need for specialized technology and services • 10/22/2013 © Finpro Apollo Telemedicine Network Foundation 3
  • 4. Major Private Hospital Chains in India in Figures Name Beds Apollo Hospitals 54 8,717 Fortis Hospitals 48 6,292 Manipal Hospitals 15 3,700 CARE Hospitals 12 1,600 MAX Healthcare 11 1,100 Sterling Hospitals 22/10/2013 Hospitals 6 1,027 4 © Finpro
  • 5. The Presence of Major Private Hospital Chains CARE Hospitals Hyderabad Nampally Secunderabad Visakhapatnam Nagpur Raipur Bhubaneswar Surat Pune Vizag New Delhi Jaipur Ahmedabad 2 1 1 1 1 1 1 1 1 1 Amritsar Bangalore Chennai Faridabad Gurgaon Jaipur Kolkata Mohali Mumbai New Delhi Noida Raipur 1 6 1 1 1 1 3 1 3 4 1 1 Manipal Hospitals Raipur Kolkata Mumbai Fortis Hospitals Hyderabad Bangalore Apollo Owned Hospitals Bangalore Tumkur Salem Mangalore Vijayawada Goa Visakhapatnam Chennai Hyderabad Kolkata Delhi Bangalore Ahmedabad Other India 5 1 1 1 1 1 2 9 8 2 2 1 2 12 Chennai MAX Healthcare New Delhi Mohali Bathinda 10/22/2013 © Finpro Sterling Hospitals 9 1 1 Ahmedabad Vadodara Rajkot Mundra Bhavnagar Adipur 1 1 1 1 1 1 5
  • 6. Oncology Sector in India • Indian oncology market is expected to grow strongly in the coming years: – – – – rising incidence of cancer improved diagnostic capabilities improved access to cancer therapies better health insurance coverage • • While domestic companies dominate the market with branded generics, all major multinational pharmaceutical companies have a presence in India, targeting a small but significant part of the population that can afford the price premium associated with global brands • 10/22/2013 As the Indian economy continues to grow, more people will gain the financial ability to seek cancer treatment, while the growing middle class will drive demand for innovative branded therapies Plans to increase government expenditure on health and improve access to cancer drugs will also drive the uptake of cancer therapeutics in the future © Finpro 6
  • 7. Orthopaedics Sector in India • With a growing population of potential patients, rising awareness about the impact of joint problems, and the importance of surgical treatments, the market for orthopaedic implants promises to be one of the most lucrative segments in the Indian medical device market – estimated to grow to USD 878.3 million by 2017 – surgical expenses are 60-80% lower than U.S. costs – Indian orthopaedic joint replacement market is expected to grow 26.7% CAGR during 2010-2017 – over 70,000 hip and knee replacements are performed every year • Growth drivers: increase in aging population, sedentary lifestyle, booming economy, better healthcare infrastructure and the opening up of the insurance sector 10/22/2013 © Finpro 7
  • 8. Cardiology Sector in India • • India is likely to emerge as the global capital of heart diseases by 2025 (WHO) Interventional cardiology market in India is estimated to grow at a CAGR of 25.5% over the period 2011–2015 – One of the key factors contributing to market growth is the increasing incidence of cardiovascular diseases • 10/22/2013 The robotic surgery in interventional cardiology procedures is increasing as way of treatment © Finpro 8
  • 9. Opportunities in Private Hospital Sector in India • Business opportunities for Finnish companies exist: – Laboratory analyzers and diagnostic kits – Diagnostic devices applicable for telemedicine applications (e.g. imaging systems, spirometer, ultrasound) – Surgical instruments – Equipment for surgery departments – Health IT (HIS, LIMS, PIS, Telemedicine) – High-end medical furniture 10/22/2013 © Finpro 9
  • 10. Opportunities in Green Hospitals in India • Green buildings are a market worth of USD 30 billion in India with growth rate of 10-15% during the next decade • Opportunities for Finnish companies exist especially in: • • Waste: source reduction and segregation, waste water management, treatment and disposal, water use efficiency • Water: collection and segregation, transportation and storage, disposal techniques and treatment technology • 10/22/2013 Buildings: structural design, indoor air quality, resource efficiency, automation and monitoring Energy Efficiency: air-conditioning, lightning and electrical, boilers and hot water solutions for energy efficiency © Finpro 10
  • 11. Finpro Navigator Preparing the Growth 10/22/2013 Establishing the Presence Entry Options Test Drive Planning The Market Entry Improving the Market Position Partner Search Direct Sales © Finpro 12
  • 12. Rahoitusvaihtoehtoja 2013 kansainvälistyville pk-yrityksille Julkisia rahoituksia pk-yrityksille: Valmistelurahoitus max. 15 k€/ 70 % tuki Projektin max. arvo 21 400 € Yrityksen kehittämisavustus n. 50–100 k€ / 50 % tuki Yhteishankintakoulutus n. 30-130 k€ / 60-70 % tuki Tekes De minimis avustus 35-50% tuki max 100 k€ Tekes avustus asiantuntijapalveluihin 50-75% tuki max 100 k€ Go Global Plus Arvo n. 21 k€ Hinta pk-yritykselle 5 500 € Tekes T&K avustus 25 - 65 % tuki n. 20–500 k€ ja T&K laina (50-70% kustannuksista) Finnpartnership tuki 3v max. 200 k€ / 30/50/70 % tuki 22/10/2013 © Finpro 13
  • 13. More information Christine Grumbach Senior Consultant Head of Health Technology sector christine.grumbach(a)finpro.fi Tel +49 171 8893 000 10/22/2013 Anna Erkkilä Senior Consultant Region Finland anna.erkkila(a)finpro.fi Tel +358 40 3433420 Seppo Keränen Regional Sales Manager India, Middle-East, Africa seppo.keranen(a)finpro.fi Tel +358 400 535 907 14
  • 14. Follow us on social media and visit our website www.finpro.fi

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