Noida, India (PressExposure) November 27, 2009 -- India has emerged as a new destination for hospital services. The demand for hospital services has significantly soared in last few years due to increasing prevalence of diseases, improving affordability and rising penetration of health insurance. According to our new research study âBooming Hospital Services Market in Indiaâ, it is anticipated that in excess of 1 Million hospital beds will be required to meet the growing demand for hospital services in India.
Our team of industry analysts has done an extensive research on this industry and found that the hospital services market is presently dominated by unorganized private players. Moreover, the research anticipates that revenues from hospital services will grow at a CAGR of around 9% during forecast period (2010-2015).
We have also found that there exists a strong demand for these services in Tier II and III cities where people are looking for modern, best-in-class and effective treatments along with diagnostic facilities. Our report has identified and analyzed these cities on the basis of various factors. Chandigarh and Pune hold the maximum potential to be developed as new destination for quality healthcare services. Besides these two, Lucknow, Jaipur and Trivandrum are among several other locations that can be developed into attractive centers for providing healthcare services comparable to international standards.
We have also examined cost factors involved in setting up of hospital services and tried to find out the investments required to meet this demand for hospital beds. The report has studied the importance of foreign investments in the development of industry and provides some useful information that can be beneficial for those who are looking to invest in the market or seeking investments for expansion.
âBooming Hospital Services Market in Indiaâ provides an in-depth analysis of the hospital service market and its segments, with emphasis on their future direction. It updates about the current market trends dominating the Indian hospital service market. The report works as a complete investment guide for those clients who are looking to invest in the market and will be useful for them while devising their strategies.
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