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INDIA Surgical Procedure Volumes: Projected five year growth of 17% driven by rapid uptake of laparoscopic surgery, propelling the total surgery procedures performed India from 11 million currently to over 24 million in 2015.

Posted on September 7, 2011 in asia market insights

 

The Indian healthcare market was estimated at US$35 billion in 2007 and is expected to reach over US$70 billion by 2012. A striking feature of India’s healthcare system is the significant and growing role of the private sector in healthcare delivery and total healthcare expenditures. Public health expenditure accounts for less than 1% of GDP compared to 3% of GDP for developing countries and 5% for high income countries. The private healthcare sector in India accounts for over 75% of total healthcare expenditure in the country and this proportion is one of the highest worldwide