India's exploding healthcare sector, and why you should care

by Anne Zieger ,  Fierce Health Finance | 2009-08-26

As we reported in this week's FierceHealthFinance issue, Indian hospital chain Fortis Healthcare is expanding rapidly, as are several of its competitors. Unlike the U.S. hospital industry, which is struggling to remake itself in the wake of financial and operational practices that just don't cut it anymore, many Indian hospital entrepreneurs have a much cleaner slate.

These chains are positioning not only to serve the growing global medical tourism market, but also a growing middle class that can afford to pay for quality healthcare. To meet the healthcare needs of this growing class, which should continue to expand rapidly for the next several years, India needs to add 2 million beds to the existing 1.1 million by 2027, according to a CII study.

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