This report covers the health insurance market in india. Healthcare is one of the largest sectors in India in terms of employment and revenue, and it is expanding exponentially. During the period spanning from 2005 to 2008, the Indian healthcare sector surged at an expected CAGR of nearly 24%.
One of the reasons for this high growth in the Indian healthcare sector is India’s booming population that currently stands at over 1.2 billion. Such large populace demands healthcare services and this has led to stupendous growth in the sector. Moreover, the thriving economy of India is propelling urbanization and creating a burgeoning middle class, with higher disposable income to spend on healthcare services. With average household consumption expected to increase by over 7% annually, the healthcare spending is also anticipated to increase 10% annually.
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Report Title: Indian Health Insurance Market
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