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Healthcare Market Size in India | Growth Forecast 2025

Code: MTA4663 Publication Date: Jul 2025

What is the growth rate of the India Healthcare Market?

According to ÂÌñÉç internal database and industry insights, the healthcare market in India is predicted to grow at a CAGR of 8.5% during the forecast period 2025-2031.

The market is continued to rise due to several factors including the increasing healthcare expenditure, digital transformation, and policy-driven expansion, government initiatives.

Key Growth Factors of the India Healthcare Market

  • Rising burden of non-communicable and lifestyle diseases
  • Support of government through initiatives like Ayushman Bharat and PM-JAY
  • Development in private healthcare investments and insurance coverage
  • Technological integration across diagnostics, treatment, and records
  • Expansion of tier 2 and 3 city hospital infrastructure
  • Increased focus on preventive care, wellness, and home-based services

India Healthcare Market Trends

India healthcare market is navigating through emerging trends such as the digital transformation, with increasing use of telemedicine, mobile diagnostics, and AI in diagnostics and treatment planning. The demand of medical tourism, affordable specialty clinics, and day-care surgery centres is increasing. Personalized medicine and wearable-based health tracking are gaining popularity, especially among urban and younger populations. The market is improving access and affordability in semi-urban and rural regions with the integration of public-private partnerships (PPP).

Emerging Developments in the India Healthcare Market

Market is seeing developments with the investments in startups and large players, particularly in tech-led primary care, cloud-based health data management, and integrated teleconsultation platforms. The demand of robot-assisted surgeries, IoT-based patient monitoring, and blockchain for medical records is increasing. Pharmacy delivery apps, health Insurtech platforms, and wellness ecosystems are reshaping patient journeys. The sector is also witnessed for the growing emphasis on the affordable diagnostics, mental health services, and last-mile rural healthcare delivery.

Major Companies in the India Healthcare Market

  • Apollo Hospitals
  • Fortis Healthcare
  • Max Healthcare
  • Manipal Hospitals
  • Narayana Health
  • Medanta
  • Practo
  • Netmeds
  • Tata 1mg
  • PharmEasy
Healthcare Market Size in India : FAQ's
The India healthcare market is projected to expand its landscape at a CAGR of 8.5% during forecast period 2025-2031.
Rising disease burden, tech adoption, government healthcare schemes, and increasing insurance penetration.
Telehealth adoption, digital records, wearable integration, medical tourism, and affordable specialty care.
The sector is expected to expand with hybrid care models, rural healthcare investments, and AI-powered infrastructure.
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