Healthcare sector to reach USD 372 billion in 2022: Niti Aayog

By VARINDIA - 2021-03-31

Healthcare sector to reach USD 372 billion in 2022: Niti Aayog

India's healthcare sector is one of the largest sector to reach $372 billion in 2022, at a compound annual growth rate (CAGR) of around 22% since 2016, as per the report by NITI Aayog.

 

The sector has the potential to generate 27 lakh jobs in the country between 2017 and 2022. The report outlined a range of investment opportunities in the country''s healthcare sector across hospitals, pharmaceuticals and medical devices.

 

The report outlined a range of investment opportunities in India''s healthcare sector across hospitals, pharmaceuticals, medical devices, home healthcare solutions and in areas of new-age technologies.

 

According to the report, FDI inflows in the healthcare sector in India increased from USD 94 million in 2011 to USD 1,275 million in 2016, a jump of over 13.5 times. It also pointed out that in the hospital segment, the expansion of private players to tier-II and tier-III locations, beyond metropolitan cities, offers an attractive investment opportunity.

 

According to the report, around 65 per cent of hospital beds in India cater to almost 50 per cent of the population concentrated in Uttar Pradesh, Maharashtra, Karnataka, Tamil Nadu, Telangana, West Bengal and Kerala.

 

"The other 50 per cent of the country''s population living in the remaining 21 states and 8 Union Territories has access to only 35 per cent of hospital beds. As per the report, non-metros (Tier-II and III cities) are expected to recover faster than the metropolitan areas and tier-I cities, as they were less badly hit by the COVID-19 outbreak.

 

The report was released by Niti Aayog Member V K Paul, CEO Amitabh Kant, and Additional Secretary Rakesh Sarwal. The COVID-19 pandemic has not only presented challenges but also several opportunities for India to grow. All these factors together make India''s healthcare industry ripe for investment," Kant wrote in the foreword.


 CIO  - SPEAK
Start-Up and Unicorn Ecosystem
 SOFTWARE  Placeholder image
Virescent Infrastructure collaborates with IBM and SAP to start its hybrid cloud journey

Virescent Infrastructure collaborates with IBM and SAP to start its hybrid cloud journey

IBM announced that Virescent Infrastructure, a renewable energy platform backed by leading...

Aeris Communications announces Enterprise Voice Solution - Claerityai

Aeris Communications announces Enterprise Voice Solution - Claerityai

Aeris Communications has launched the Enterprise Voice Solution – Claerityai –...

Rezo.ai enables logistics companies with AI-powered contact centers

Rezo.ai enables logistics companies with AI-powered contact centers

Rezo.ai is enabling some of the logistics companies to create a smart workforce and reduce...

VARINDIA SIITF
SOUTHERN INDIA INFORMATION TECHNOLOGY FAIR (SIITF) -2018
BANGALURU
VARIndia - Star Nite Awards
STAR NITE AWARDS(SNA) - 2018
NEW DELHI
VARINDIA - OITF
ODISHA INFORMATION TECHNOLOGY FAIR(OITF)-2019
BHUBANESWAR
VARINDIA - WIITF
WESTERN INDIA INFORMATION TECHNOLOGY FAIR(WIITF) - 2019
MUMBAI
 INDUSTRY EVENTS Placeholder image
Zoom is coming with Innovations to Ignite the Next Era of Communications

Zoom is coming with Innovations to Ignite the Next Era of Communications

Zoom has kicked off Zoomtopia 2021, unveiling plans for innovations across its platform de...

Trescon's World Cloud Show Comes Back to India for the 3rd Time with its 10th Global Edition

Trescon's World Cloud Show Comes Back to India for the 3rd Time with its 10th Global Edition

Taking place on 15 September 2021, the event will virtually convene India' leading Clo...

VIA unveils VIA Mobile360 Heavy Equipment Safety System at MINEXPO® 2021

VIA unveils VIA Mobile360 Heavy Equipment Safety System at MINEXPO® 2021

VIA Technologies, Inc. today announced that it will unveil its new VIA Mobile360 Heavy Equ...

19th Infotech Forum highlights that the pandemic fast-tracked Digital Transformation escalating importance of data and security

19th Infotech Forum highlights that the pandemic fast-tracked Digital Transformation escalating importance of data and security

Digital technology has transformed nearly every aspect of life, starting from travel, work...


Copyright varindia.com @1999-2021 - All rights reserved.
Reproduction in whole or in part in any form or medium without express written permission of Kalinga Digital Media Pvt. Ltd. is prohibited.
Other Initiatives : www.mybrandbook.co.in | www.spoindia.org

advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription advertisement video production, home video distributors, home video company, List of PC Magazines, Best online PC Magazines, Top Online PC Magazines in India, Best online PC Magazines in India, Best PC Magazine, PC Magazine Subscription