Aditya Birla Capital
ABC Home
Loans
Investments
Insurance
Payments
Download ABCD

Experience finance made simple on the new ABCD app!

Scan to Download the App

Playstore Appstore
1800-270-7000

Aditya Birla Sun Life AMC Limited

Aditya Birla Sun Life AMC Limited

    Our Menu
    Invest with Us
    Metaverse

    Aditya Birla Sun Life AMC Limited

    Investment in Healthcare Sector in India - An Overview - ABSLMF Blog

    Add to Wishlist

    India on the Health Track

    Jul 05, 2019
    5 mins | Views 9855
    Zoom Image

    The Healthcare in India is ‘fastracking’ on the back of multiple things.

    Pharma research & manufacturing, government’s policy support and growing consumption in Wellness, Fitness & Grooming are becoming the new buzz words. Some interesting numbers to look at:

    • India is the largest provider of Generic Medicines globally1.

    • India supplies over 50 per cent of global demand for various vaccines, 40 per cent of generic demand in the US and 25 per cent of all medicine in UK1.

    • India contributes the 2nd largest share of pharmaceutical & biotech workforce in the world1.

    • Ayushman Bharat is the world’s largest healthcare scheme which is expected to benefit 100 million poor families1.

    • India's Medical tourism industry could grow by CAGR 200% by 2020, hitting $9 billion, according to Ministry of Tourism2.

    • There has been a 100% increase in user demand for fitness-tracking bands over the past year3 indicating a growing Preventive Health Care industry.

    • Dermatology has shown the fastest sales growth of 17.5% over last 5 years4.

    There could be an opportunity waiting in the wings for pharma and healthcare industry. Aditya Birla Sun Life Mutual Fund presents an NFO to ride on this opportunity. Click here to know more.

    1https://www.ibef.org/industry/pharmaceutical-india.aspx

    2https://edition.cnn.com/2019/02/13/health/india-medical-tourism-industry-intl/index.html

    3https://redseer.com/reports/indian-habit-of-being-healthy/

    4https://timesofindia.indiatimes.com/india/not-diabetes-or-heart-disease-its-skin-ailments-worrying-indians-most/articleshow/66021285.cms

    Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

    Add to Wishlist
    Rate this
    Rate this Article
    Leave a comment
    Comment required
    Name Required
    Email ID required
    SUBMIT COMMENT
    Load More
    Similar Articles
    loading...

    blog_OurExpertOur Experts

    ToolAndCalculatorTools and Calculator

    eAssistance

    Give us a call on

    1800 270 7000 within India

    Get a call back

    RSSRSS News Feed

    blog_archives.pngArchives

    Please Select Month
    Please Select Year
    Close
    Hover to Zoom