The healthcare industry provides a variety of services to support the healthcare needs of a community or individuals. Hospitals and healthcare systems are continually changing their service offerings and responding to various internal and external forces including reimbursement issues, advances in technology, and shifts in the populations they serve.
The healthcare market can increase three-fold to Rs. 8.6 trillion (US$ 133.44 billion) by 2022. In Budget 2021, India’s public expenditure on healthcare stood at 1.2% as a percentage of the GDP.