India ranks in the top five markets within Asia and is one of the fastest-growing healthcare IT markets in the region, according to a new report from market research firm TekPlus.
The report concluded that the overall Indian market for hospital IT would grow steadily at a compound annual growth rate of 15%.
India's healthcare industry is flourishing with growth in all health-related products, equipment, and services. Globalization, increasing purchasing power, infrastructure development initiatives, a huge population base, and economic liberalization are contributing to make the country a lucrative market.
