Aranca Blog

The pharmaceutical market in Sweden is estimated to be US$4.7 billion in 2008

February 16th, 2009 | Tags: Swedish pharmaceutical market | Category: Aranca Data Points, Healthcare | Leave a comment

According to FICCI & Ernst & Young, clinical trials have the potential to become a US$ 1 billion industry by 2010. The health services outsourcing sector has the potential to grow to grow to US$ 7.4 billion by 2012, from US$ 3.7 billion in 2006, at a compound annual growth rate (CAGR) of 11 per [...]

February 16th, 2009 | Tags: clinical trials, India Health Services | Category: Healthcare | Leave a comment

The growth in medical infrastructure will be complimented by a demand for associated products and services, for example, the medical textiles industry is projected to double to reach US$ 753 million by 2012.

February 13th, 2009 | Tags: medical infrastructure, The medical textiles industry | Category: Healthcare | Leave a comment

 Currently the medical equipment industry is around US$ 2.17 billion and is growing at 15 percent per year. It is estimated to reach US$ 4.97 billion by 2012.

February 13th, 2009 | Tags: Indian medical equipment industry | Category: Aranca Data Points, Healthcare | Comments (1)

 The report points out that India is likely to reach a bed to thousand population ratio of 1.85 and, in a best case scenario, a ratio of 2 by 2012. Beds in excess of 1 million need to be added to reach a ratio of 1.85 per thousand at an investment of US$ 77.9 billion. [...]

February 13th, 2009 | Tags: bed to thousand population, India Weekly | Category: Aranca Data Points, Healthcare | Leave a comment

According to industry body ASSOCHAM, India’s medical tourism sector is expected to grow at an annual rate of 30 per cent to become a US$ 1.93 billion industry by 2015 as foreign arrivals increase. About 1.8 lakh foreigners visited India for treatment in the first eight and half months of 2008-09 and their number would [...]

February 13th, 2009 | Tags: 2015, ASSOCHAM, India's medical tourism sector | Category: Aranca Data Points, Healthcare | Comments (1)

‘First World treatment at Third World prices’ is how industry sources define medical tourism in India. Although India is a recent entrant into medical tourism, it is fast catching up. According to Mckinsey, medical tourism in India could become a US$ 2 billion industry by 2012 (from US$ 350 million in 2006). It is estimated [...]

February 13th, 2009 | Tags: India Weekly, Medical tourism, US$ 2 billion industry by 2012 | Category: Aranca Data Points, Healthcare | Leave a comment

Hospitals have realized that information technology (IT) can be an effective tool towards efficient systems. India has the fastest growing healthcare IT market in Asia, with an expected growth rate of 22 per cent, followed closely by China and Vietnam. According to Springboard Research, the Indian healthcare technology market is poised to be worth more [...]

February 11th, 2009 | Tags: demand, Healthcase, Hospitals, India Weekly, insurance, IT | Category: Healthcare | Leave a comment

According to Mckinsey, one-fifth of India’s population is likely to have medical insurance by 2015, leading to an estimated increase in consumer spending on healthcare from US$ 2,054 per household in 2005 to US$ 3,514 per household by 2015. The Insurance Regulatory and Development Authority (IRDA) has eliminated tariffs on general insurance as of January [...]

February 11th, 2009 | Tags: demand, Healthcase, Hospitals, India Weekly, insurance, IT | Category: Healthcare | Leave a comment