India’s healthcare sector poised to grow to $280 bn – Feedback

The country’s healthcare sector is poised to grow to USD 280 billion by 2020 while it is expected to be a leader in e-health by 2019, a new report said.

The CII-KPMG ‘The Indian services sector: Poised for global ascendancy’ report launched at the second edition of Global Exhibition on Services (GES) said that healthcare sector is forecast to reach USD 160 billion in 2017, accounting for about 4.2 percent of GDP. “The Indian healthcare sector is forecast to reach USD 160 billion in 2017, accounting for about 4.2 percent of GDP, and is poised to grow to USD 280 billion by 2020.”With the launch of ‘Digital India’ initiative, the government is stepping towards digital empowerment. India is expected to be a leader in IT use in healthcare (e-health) by 2019,” it said.

http://www.moneycontrol.com/news/economy/indias-healthcare-sector-poised-to-grow-to-36280-bn-report_6337401.html

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