HDFC Securities Reports Predict Growth Of Healthcare Sector In 5 Years

HDFC Securities Reports Predict Growth Of Healthcare Sector In 5 Years: The Indian Medical Industry is projected to increase at a rate of 11–12% per year from FY23 to FY28. The Indian Healthcare system has increased up to 22 % since 2016 and is still rising.

The Government of India is also focusing on improving healthcare facilities, in its interim budget the government invested over 90 crores in the healthcare sector.

Furthermore, there was also an increase in the income earned from the healthcare sector last year (FY23) by 15% year-over-year reaching 10 crores.

The healthcare industry fiscal year 2027-2028 has reached up to 17 lakh crores.

Such growth is seen because of the increase in the improvement of healthcare structures with a motive to a more developed sector.

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According to the reports from The Economic Times, Prime Minister Modi announced around 202 healthcare building projects valued at 11,700 crores that will be built across 23 states.

As per the institutional reports from HDFC Securities, there will be constant growth in the India healthcare industry over the following 5 years with a CAGR of 11–12%.

The reason behind such an estimation is because of better healthcare infrastructure and a change toward a more developed market.

HDFC Securities reports say that the Indian healthcare sector will grow and have higher margins because of the CAPEX phase and better running metrics. It says in the next four years, the Indian diagnostics market is expected to grow at a compound annual growth rate (CAGR) of 8 to 9%. This growth will be caused by rising prices, more active services, and more geographical expansion.

The reports from Human Securities further said, “We are initiating coverage with a BUY rating for APHS (TP of INR 7,030) and MEDPLUS (TP of INR 850), and an ADD rating for MAXHEALTH (TP of INR 900), DLPL (TP of INR 2,700), and METROHL (TP of INR 2,010).”

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