The annual healthcare report of global consultancy firm Boston Analytics has predicted Indian healthcare sector to grow to $10.3 billion by 2010.
The “Healthcare in India” report released today said the growth will be driven by a number of factors like rising life expectancy, rising household income, increasing penetration of health insurance, government action and rising incidence of lifestyle-related diseases.
This report is part of a series based on the results of monthly surveys for the Boston Analytics Consumer Sentiment Index (BACSI). It focuses on India’s healthcare sector and captures consumer responses to questions in lifestyles and attitudes towards healthcare, emergency and specialist medical care, prescription and OTC drugs, health insurance sources and coverage.
“The BACSI provides a wealth of information on consumer attitudes that is useful to policymakers, companies, and investors involved in consumer-centric industries,” Rashid Bilimoria, CEO and Co-Founder, Boston Analytics stated in a press release.
