April 1

Niti Aayog Forecasts Healthcare Sector to Reach $372 Billion by 2022 in India

In its report, Investment opportunities in India’s healthcare sector, the think tank outlined the range of investment opportunities in segments such as hospitals, medical devices and equipment, health insurance, clinical trials, telemedicine and medical tourism.

India’s healthcare sector is expected to reach $372 billion in 2022, registering a compounded annual growth rate (CAGR) of around 22% since 2016, more so with the pandemic opening up several opportunities, NITI Aayog said in a report on Tuesday.

Photo courtesy of National Cancer Institute.

Source: Live Mint (link opens in a new window)

Health Care, Investing