 30-Mar-18, ET Healthworld

The long-term outlook for the Indian hospital sector is stable with annual revenues likely to grow at 12-14 per cent over the next five years on rising demand and medical tourism, rating agency Icra said.

Image: ET Healthworld

"The long-term outlook remains stable notwithstanding the current headwinds and regulatory challenges in the sector," it said.

Icra expects demand to continue rising at a steady pace owing to the underlying fundamentals, including growing population, increasing life expectancy, rising incidence of non-communicable diseases related to lifestyle, and increasing health insurance coverage.

 Read the full article 

 Healthcare insights