India Single Specialty Hospitals and Clinics Industry Outlook to 2019 – Day Care Specialty Clinics to Impel Development presents a complete evaluation of the industry covering aspects like marketplace size by income and marketplace segmentation by single specialty hospitals and clinics covering therapeutic classes such as Cardiology, Oncology, Orthopedics, Maternity and Urology and dental, eyecare, IVF and kidney dialysis. State sensible presence of hospitals in each and every category is also presented as a segment of the market. A detailed evaluation on total quantity of hospitals in major therapeutic classes, typical revenue per bed per day in a therapeutic class, expense of treatments has been provided in the report. The report also entails a detailed description on the recent trends and developments, private equity investments in the sector, development drivers and challenges and competitive landscape of main players in important therapeutic classes with income. Future Prospects of the sector along with future projections have been discussed.
India has the largest quantity of patients paying out of pocket costs for health-related purposes. This phenomenon has led to the emergence of the ‘healthcare consumer’ who is treated like a customer and not just as a patient. The higher expectations of healthcare consumers and the rise of branded private hospital chains have led to a shift in the consumer attitude towards doctors and hospitals. The healthcare sector in India which witnessed an initial wave of private investments in tertiary multi specialty hospitals, more than the final decade, has witnessed spurring investments in single specialty chains. Some significant names in single specialty hospitals in the country consist of: Fortis Escorts Heart and Analysis Centre (New Delhi), Tata Memorial Cancer Hospital (Mumbai), Sankara Nethralaya (Chennai), Vasan Eye Care (Chennai), HOSMAT Hospital (Bengaluru) among others.
Single specialty hospitals and clinics market place in India has shown double digit development rates more than the last handful of years. The marketplace income has escalated from INR ~ million in FY’2010 to INR ~ million in FY’2014. The sector has recorded a CAGR of 12.six% over the years FY’2010-FY’2014. Low capital investment and investment friendly business models have led to a spur of investments created in this enterprise in India in the current years. The share of hospitals in single specialty chains in total marketplace value in the country stood at ~% in FY’2014, demurring from ~% in FY’2010.
Cardiology accounts for the maximum share of ~% in single specialty hospital market place in India in terms of income, as recorded in FY’2014. Players such as Fortis Escorts Hearth Institute, Frontier Lifeline Hospital, Narayana Hrudayalaya have been recording impressive turnovers in the recent occasions, as a result driving the market for cardiology hospitals in India. Oncology is the second biggest income contributor to the SSH industry in India. Maternity segment, at 4th largest position, was valued at INR ~ million in FY’2014 and has grown from INR ~ million in FY’2010. The specialties’ share in the all round SSH industry has risen from ~% in FY’2010 to ~% in FY’2014. Urology forms a niche segment of single specialty hospitals industry in India with a share of ~% as recorded in FY’2014, nevertheless, the urology single specialty hospitals market in the nation has been displaying double digit development rates in the past handful of years. The eyecare single specialty centres business in India too has showcased stupendous development of 30.8% more than the years FY’2010-FY’2014.
Significant healthcare chains such as Fortis healthcare, Apollo Hospitals have invested drastically in setting up single specialty centres for dialysis, maternity centres, and dental care centres in the country in the recent years. Fortis and Apollo have also established maternity centres in the nation below the brand names, Fortis La Femme and Apollo Cradle, respectively.
The swiftly evolving single specialty hospital and clinics sector in India will alter the facade of the healthcare sector in the coming years. The emergence of single specialty chains across a gamut of sub specialties with organization models thriving on the capacity to craft a custom answer for a certain requirement, backed by specialized infrastructure and healthcare personnel’s focused on delivering top quality care to the customer will continue to drive growth in the coming years.
Crucial Subjects Covered in the report:
Industry Size of India Single Specialty Hospitals and Clinics Industry by Revenue, FY’2010-FY’2014
Market place Segmentation by Single Specialty Hospitals (Cardiology, Oncology, Orthopedics, Maternity and Urology) and Clinics (dental, eyecare, IVF and kidney dialysis), FY’2010-FY’2014
Market Size of every single therapeutic class (Cardiology, Oncology, Orthopedics, Maternity and Urology, dental, eyecare, IVF and kidney dialysis)
Market place Segmentation by States by therapeutic classes: Cardiology, Oncology, Orthopedics, Maternity and Urology, dental and eyecare
List of major hospitals in significant therapeutic classes by Bed Strength and State Presence
Detailed Evaluation on Investment Essential to Set up Single Specialty Hospitals by therapeutic classes
Competitive Landscape of Main Players in every single therapeutic class ( Covering of No. of beds, Year of Establishment, solutions presented, income)
Growth Drivers and Challenges in the Business
Private Equity Investments in the Business
Future Outlook and Projections of India Single Specialty Hospitals and Clinics Sector, FY’2015-FY’2019
Supply: India Single Specialty Hospitals and Clinics Marketplace