Health care industry plays an important part in the economy of a country. According to IBEF, The healthcare industry in india, which comprises hospital and allied sectors, is projected to grow 23 per cent per annum to touch US$ 77 billion by 2012 from the current estimated size of US$ 35 billion.
Parts of Healthcare Industry
For purposes of finance and management, the healthcare industry is typically divided into two groups. It includes health care equipment & services and another one is pharmaceuticals, biotechnology & related life sciences.
Health care equipment and services comprise companies that provide medical equipment, medical supplies, and health care, such as hospitals, home health care providers, and nursing homes.
The second industry group comprises sectors companies that produce biotechnology, pharmaceuticals, and miscellaneous scientific services.
Healthcare Sector in Rajasthan
Rajasthan seeks private sector investment in health sector in order to facilitate establishing quality health institutions within the framework of the set standards and norms.
Major Investors in Healthcare
In Rajasthan private sector corporate entities like the Apollo Hospitals, Wockhardt Hospitals and Fortis Healthcare have shown aggressive expansion plans. Bangaluru-based Narayana Hrudayalay are also planning to start their hospital in the pink city in march 2010.
Other big investor include Geetanjali Foundation (Udaipur) and Bangalore-based Manipal Health Systems (MHS) etc.
Many Cities that are attractive tourist destinations, is also being developed as centers for medical tourism in rajasthan.
