June 2011 - Fortis Healthcare
June 2011 - Fortis Healthcare
June 2011 - Fortis Healthcare
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Health Insurance<br />
Growing Share Of Urban Middle Class Households<br />
Health Insurance Market Size (US$ mn)<br />
100%<br />
80%<br />
60%<br />
3.3% 5.2% 7.0%<br />
44.2%<br />
52.5%<br />
58.6%<br />
7,000<br />
6,000<br />
5,000<br />
4,000<br />
CAGR: 32%<br />
6,207<br />
40%<br />
3,000<br />
20%<br />
52.5%<br />
42.3%<br />
34.5%<br />
2,000<br />
1,000<br />
494<br />
713<br />
1,127<br />
1,472<br />
0%<br />
2001-02 2006-07E 2010-11E<br />
0<br />
2006 2007 2008 2009 2015E<br />
US$ 12,800<br />
Health insurance market in India is expected to grow at a CAGR of 32% to reach<br />
a market size of US$ 6.21bn by FY15<br />
• One of the fastest growing free economy<br />
• Ranked 4th largest economy in the world in terms of<br />
purchasing power parity<br />
• Higher service mix, increasing urbanization<br />
• Overall penetration at 2%.<br />
• Growth driven by:<br />
a) increasing awareness,<br />
b) soaring healthcare costs and<br />
c) demographic profile of the people<br />
Source: CRISIL Research<br />
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