Contact
![Contact Meredith Alda](https://cdn.statcdn.com/contactPerson/3646.jpg)
Mon - Fri, 9am - 6pm (EST)
![Contact Yolanda Mega](https://cdn.statcdn.com/contactPerson/3195.jpg)
Mon - Fri, 9am - 5pm (SGT)
![Contact Kisara Mizuno](https://cdn.statcdn.com/contactPerson/2661.jpg)
Mon - Fri, 10:00am - 6:00pm (JST)
![Contact Lodovica Biagi](https://cdn.statcdn.com/contactPerson/863.jpg)
Mon - Fri, 9:30am - 5pm (GMT)
![Contact Carolina Dulin](https://cdn.statcdn.com/contactPerson/3012.jpg)
Mon - Fri, 9am - 6pm (EST)
Key regions: United Kingdom, Japan, China, Brazil, Canada
The Outpatient Care market in India is rapidly developing, driven by various factors such as changing customer preferences, technological advancements, and local special circumstances.
Customer preferences: Customers in India are increasingly looking for affordable and accessible healthcare services. Outpatient care provides an alternative to expensive hospitalization, which is particularly important in a country where a large portion of the population is uninsured. Additionally, patients prefer outpatient care due to the convenience it offers. They can receive treatment without disrupting their daily routine and can avoid long waiting times in hospitals.
Trends in the market: The Outpatient Care market in India is witnessing a shift towards digitization and telemedicine. With the proliferation of smartphones and internet connectivity, patients can now consult with doctors remotely through video conferencing or phone calls. This trend is particularly relevant in rural areas where access to healthcare services is limited. Additionally, outpatient care providers are leveraging technology to streamline their operations and improve the patient experience. Electronic medical records, online appointment booking, and digital payment systems are becoming increasingly common.
Local special circumstances: India's healthcare sector is highly fragmented, with a mix of public and private providers. The government is taking steps to increase access to healthcare services and improve the quality of care. The Ayushman Bharat scheme, launched in 2018, aims to provide health insurance to 500 million people and establish 150,000 health and wellness centers across the country. This initiative has created opportunities for outpatient care providers to partner with the government and expand their reach.
Underlying macroeconomic factors: India's growing middle class and rising disposable incomes are driving demand for healthcare services. The country's GDP is expected to grow at a rate of 11.5% in 2021, making it one of the fastest-growing economies in the world. This growth is expected to translate into increased spending on healthcare services, including outpatient care. Additionally, the COVID-19 pandemic has highlighted the importance of outpatient care in managing non-emergency medical conditions, further driving demand for these services. In conclusion, the Outpatient Care market in India is developing rapidly, driven by changing customer preferences, technological advancements, and local special circumstances. The shift towards digitization and telemedicine, the government's initiatives to increase access to healthcare services, and India's growing middle class and rising disposable incomes are all contributing to the growth of this market.
Data coverage:
Data encompasses B2B, B2G, and B2C spend. Figures are based on revenue received by hospitals from public or private sources, allocated to the country where the money is spent, including VAT if applicable.Modeling approach / Market size:
Market sizes are determined by a bottom-up approach, based on a specific rationale for each market market. Next, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, public health spend, and GDP. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.Additional notes:
Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)