Future Growth of India Single Specialty Hospitals and Clinics Industry is Expected to Reach INR 750 Billion by 2019

•          India Single Specialty Hospitals and Clinics Industry is expected to reach over INR 750 Billion by FY’2019
•          Future Growth of India Single Specialty Hospitals and Clinics Industry is expected to be led by single specialty Maternity chains, eyecare centres, IVF clinics and urology hospitals
•           Expansion plans of single specialty centres such as Eye-Q Hospitals, Vasan Eyecare, Nephroplus and others to set up centres in tier 2 and tier 3 cities will further escalate the growth of single specialty hospital/clinics industry in India in the next few years.

Ken Research announced its latest publication on “India Single Specialty Hospitals and Clinics Industry Outlook to 2019 - Day Care Specialty Clinics to Impel Growth” which provides a comprehensive analysis of the single specialty chains in India. The report covers various aspects such as market size by revenue and market segmentation by single specialty hospitals and clinics covering therapeutic classes such as Cardiology, Oncology, Orthopedics, Maternity and Urology and dental, eyecare, IVF and kidney dialysis. The report is useful for single specialty chains operating in India, private equity investors, existing multi and super specialty hospital chains in India and new players venturing in the market.

India Single Specialty Hospitals and Clinics Market

Single specialty hospitals and clinics market in India has shown double digit growth rates over the last few years. The healthcare sector in India which witnessed an initial wave of private investments in tertiary multi specialty hospitals, over the last decade, has witnessed spurring investments in single specialty chains. Such hospitals tailor their care and facilities to correspond the chosen type of condition, patient or procedure on which they focus. SSH chains in India, over the years, have evolved from hospitals seeking to leverage the credibility generated by offering ‘best in class’ treatment in several defined therapeutic classes, thereby positioning themselves as centres of excellence in those therapies.

The surge in growth is majorly originated from growth in maternity, eyecare, kidney dialysis and IVF segment. There is a greater interest for private equity investors in single specialty hospitals in India because it results in more attractive returns on the capital employed. SSHs are relatively easier to scale since each unit costs much less money to set up as compared to a multi-specialty hospital and often achieve monthly break-even within the first year of operation. Some major names in single specialty hospitals in the country include Fortis Escorts Heart and Research Centre (New Delhi), Tata Memorial Cancer Hospital (Mumbai), Sankara Nethralaya (Chennai), Vasan Eye Care (Chennai), HOSMAT Hospital (Bengaluru) among others.

According to the research report, the single specialty hospitals and clinics industry in India will grow at a considerable CAGR rate thus exceeding INR 750 billion by 2018 due to rising acceptance among the masses resulting in higher frequency of visits in single specialty centres.

Key Topics Covered in the Report:

-          Market Size by Revenue

-          Market Segmentation by

o   Single Specialty Hospitals (Cardiology, Oncology, Orthopedics, Maternity and Urology) and Clinics (dental, eyecare, IVF and kidney dialysis)

o   States

-          Trends and Development

-          Growth Drivers and Challenges

-          Investment Required to set up a centre ( by each therapeutic class)

-          Private Equity Investments in the Industry

-          Competition and Revenue

-          Future Outlook

-          Macro Economic Parameters

Key Procedures Mentioned in the Report

-          Coronary Angiography

-          Peripheral Angioplasty

-          Coronary Angioplasty

-          Open Heart Surgery

-          Bone Marrow Transplant

-          Chemotherapy

-          Arthroscopic Procedure

-          Anterior Cruciate Ligament- ACL

-          Total Knee Replacement

-          Root Canal Treatment

-          Dental implant

-          Dentures

-          Cataract Services

-          Refractive Surgery Services

-          Cornea Services

-          Glaucoma Services

-          Retina Services

-          Assisted Reproductive Technologies (ART)

Key Players Covered in the Report

-          Fortis Escorts Heart Institute

-          Narayana Hrudayalaya

-          Tata Memorial Centre

-          Gujarat Cancer & Research Institute

-          Rajiv Gandhi Cancer Institute and Research Centre

-          Sanjeevani CBCC USA Cancer Hospital

-          HCG Oncology

-          Vasan Eyecare

-          Aravind Eyecare System

-          Eye Q Super Specialty

-          Dr. Agarwal’s Eye Hospital

-          Cloudnine

-          Fortis La Femme

-          Apollo Cradle

-          Motherhood

-          Hosmat Hospital

-          Mewar Orthopaedic Hospitals

-          RG Stone Urology & Laparoscopy Hospital 

-          Axiss Dental

-          Mydentist

-          Nephroplus

-          Nephrolife

-          Apex Kidney Care

Source: https://www.kenresearch.com/healthcare/general-healthcare/india-single-specialty-hospital-market-research-report/607-91.html

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