India is substantially under-invested in healthcare with 17% of the world’s population but only 6% of the beds. Meager public healthcare spending in India presents a big investment opportunity for private players. The Indian healthcare sector is expected to reach US$ 100 billion by 2015 from the current US$ 65 billion, growing at around 20 per cent a year.
FDI inflow in hospital and diagnostic centre was US$ 1.4 billion during April 2000 and June 2012, according to the latest Department of Industrial Policy & Promotion (DIPP) data. FDI inflow in medical and surgical appliances stood at US$ 523.5 million during the same period, according to the latest DIPP data. Leaders from the healthcare industry met on May 09-10, 2013 in Delhi for the 2nd Annual Hospital Expansion Summit 2013. This was the second conference in the Hospital Expansion Summit series which brought together over 150 key decision makers from hospitals across India. The delegates included hospital owners; CEOs, COOs and Managing Directors of hospitals; representatives from government bodies and industry executives etc. This summit proved to be a great opportunity for industry partners to showcase their offerings and interact with delegates and speakers.The objective of the conference was to discuss the future outlook of the healthcare sector, ways to maximize upcoming opportunities in the healthcare industry, and processes to overcome the challenges associated with hospital expansion.