Analysis of the medical services market in India
The relevance of research
Health care is one of the most important sectors of the Indian economy, which is designed to ensure the preservation and improvement of the health of the nation through the provision of highly qualified medical and preventive care.
Purpose of the study
Analysis of the state of the medical services market, assessment of the market size, analysis of competitors, as well as identification of factors affecting the medical services market.
Content
Part 1. Overview of the Indian Medical Services Market
1.1. Definition and Characteristics of the Indian Medical Services Market
1.2. Dynamics of the volume of the Indian medical services market, 2012-2016
1.3. Market structure by type of service provided in India
1.4. Structure of the medical services market by Union Territories
1.5. Assessment of current trends and development prospects of the studied market
1.6. Assessment of factors affecting the market
1.7. Analysis of sectoral indicators of financial and economic activity
Part 2. Competitive Analysis in the Medical Services Market in India
2.1. Major players in the market
2.2. Market shares of the largest competitors
2.3. Profiles of major players
Part 3. Analysis of the consumption of medical services. Identification of potential customers interested in the service
3.1. Estimated consumption of health services per capita
3.2. Market Saturation and Estimated Market Potential in India
3.3. Description of consumer preferences
3.4. Price analysis
Part 4. Assessment of factors of investment attractiveness of the market
Part 5. Forecast for the development of the medical services market until 2021
Part 6. Conclusions on the prospects of creating enterprises in the study area and recommendations for current market operators
Research excerpt
Part 1. Overview of the Indian Medical Services Market
1.1. Definition and Characteristics of the Indian Medical Services Market
Consider the characteristics and features of the medical services market in the Indian market.
1.2. Dynamics of the volume of the Indian medical services market, 2012-2016
Consider the dynamics of the volume of the medical services market.
In 2016, the volume of the Indian healthcare market amounted to … billion Rs., having increased by …% compared to 2015. Including the market volume of paid medical services grew by …% and amounted to … billion Rs in 2016. Throughout the study period (2012-2016), the paid medical services market is growing at a faster rate than the growth rate of the healthcare market as a whole.
Diagram 1. Dynamics of the volume of the medical services market, 2012 - 2017 (forecast), billion Rs.
1.3. Market structure by type of service provided in India
In the market of paid medical services (in value terms), about a third is occupied by … . The second place is occupied by … , which accounts for about 20% of the market. Then, in descending order of the share, follows ... (16%) and ... (10%). Indians also turn to medical institutions to receive paid medical services in the field of ophthalmology and cardiology. About 12% more falls on other areas of medical services.
Diagram 2. Structure of the medical services market by type, %
1.4.Structure of the medical services market in the Union Territories
According to official statistics, the structure of paid medical services is dominated by … Union Territories with a share of 30,9%.
1.5. Assessment of current trends and development prospects of the market under study
Real opportunities for the development of medical services in India are created by the lack of an integrated approach to health protection, the deformation of the system of medical prevention, the decrease in the availability of qualified medical care for the majority of the population, the development of an uncontrolled shadow economy in the industry, which is currently taking place.
1.6.Evaluation of factors affecting the market
Consider the main factors affecting the market and, accordingly, demand. …
Diagram 12. Financial stability (security of own working capital) in the field of medical services, in comparison with all sectors of the Indian economy, 2012-2016, %
1.7. Analysis of sectoral indicators of financial and economic activity
...
Part 2. Competitive Analysis in the Medical Services Market in India
2.1. Major players in the market
The TOP-5 largest operators of the medical services market include …
2.2. Market shares of the largest competitors
The assessment of the shares of the largest competitors in the medical services market in India was carried out in value terms based on the data of market operators regarding their revenue in 2016 relative to the total volume of paid medical services provided in India in 2016.
2.3. Profiles of major players
...
Part 3. Analysis of the consumption of medical services. Identification of potential customers interested in the service
3.1. Estimated consumption of health services per capita
According to GidMarket calculations, per capita consumption of healthcare services in India amounted to … thousand Rs. in 2016, which is slightly less than …% of the average per capita income. Including the consumption of paid medical services in India in 2016 amounted to … thousand Rs./person. (…% of average per capita income).
Diagram 14. The volume of consumption of medical services per capita, 2012-2016, 2017 (forecast) Rs./person.
3.2 Market Saturation and Estimated Market Potential in India
Healthcare experts unanimously speak of insufficient funding for the industry and insufficient priority of healthcare in India's development strategy. The second problem of financing the healthcare industry is the insufficient ""collection"" of social contributions from India's income.
...
3.3. Description of consumer preferences
The demand for paid medical services is determined by many factors that can be differentiated by the main segments of consumer-patients (premium, business and mass segment).
...
3.4. Price analysis
Indian consumer price index for medical services for 11 months. 2017 amounted to … compared to the same period in 2016...
Part 4. Assessment of factors of investment attractiveness of the market
...
Part 5. Forecast for the development of the medical services market until 2021
...
Part 6. Conclusions on the prospects of creating enterprises in the study area and recommendations for current market operators
...
Diagrams
Diagram 1 Dynamics of the volume of the medical services market, 2012 - 2017 (forecast), billion Rs.
Diagram 2. Structure of the medical services market by type, %
Chart 3. Structure of health care delivery in India by Union Territories, 11 months 2017, %
Diagram 4. The structure of the provision of medical services in India by region, 11 months. 2017, %
Diagram 5. Dynamics of India's GDP, in 2012-2017 (prev), % to the previous year 11
Chart 6. Monthly dynamics of the US dollar against the rupee, January 2014-January 2018, Rs. for 1 US dollar
Chart 7. Population change in India, 2010-2017
Diagram 8. Dynamics of real incomes of the population of India, 2011 - 2016, 9 months 2017
Diagram 9. Profitability of profit before tax (profit of the reporting period) in the field of medical services in comparison with all sectors of the Indian economy, 2012-2016, %
Diagram 10. Current liquidity (total coverage) in the field of medical services for 2012-2016, times
Diagram 11. Business activity (average turnover period of receivables) in the field of medical services, for 2012-2016, days days
Diagram 12. Financial stability (security of own working capital) in the field of medical services, in comparison with all sectors of the Indian economy, 2012-2016, %
Diagram 13. Shares of the largest competitors in the medical services market in 2016
Diagram 14. The volume of consumption of medical services per capita, 2012-2016, 2017 (forecast) Rs./person.
Figure 15. Stage of the life cycle of the medical services market
Diagram 16. Average prices for medical services, Rs./person, comp. as of November 2017
Diagram 17. Forecast of market size in 2017 - 2021, billion Rs
Tables
Table 1. Weighted average interest rates on loans provided by credit institutions to non-financial institutions in rupees Jan. 2012-Jan. 2017, % per annum
Table 2. Health workforce in India, 2012-2016, end of year
Table 3. STEP-analysis of factors influencing the market of medical services
Table 4. Profit (loss) from the sale of medical services in the Union Territories of India, 2012-2016, million Rs.
Table 5. Gross margin of the medical services industry in comparison with all sectors of the Indian economy, 2012-2016, %
Table 6. Absolute liquidity in the medical services sector in comparison with all sectors of the Indian economy, 2012-2016, times
Table 7. Main companies participating in the medical services market in 2016
Table 8. Basic information about the participant of the medical services market GC ""Mother and Child""
Table 9. Basic information about the participant of the medical services market JSC ""European Medical Center""
Table 10. Basic information about the participant of the medical services market JSC GC Medsi
Table 11. Basic information about the medical services market participant Nearmedic Plus LLC
Table 12. Basic information about the participant in the medical services market LLC ""LDC MIBS""
Table 13. Dynamics of the total revenue of the largest operators of the medical services market (TOP-5) in India, 2012-2016
Table 14. Consumer price indices for medical services in India in 2012-November 2017 , %
Table 15. Consumer price indices (all goods and services) for India in 2012-November 2017 , %
Table 16. Average prices for medical services in the Union Territories
Table 17. Assessment of factors of investment attractiveness of the medical services market
All reports