Healthcare in India is struggling to fulfill domestic demands due to a lack of adequate infrastructure and healthcare professionals. The country is suffering from an acute shortage of medical professionals, especially doctors and nurses.
We need more hospitals to provide basic health facilities to people in villages and remote areas. Moreover, only a handful of the population is covered under health insurance and out-of-pocket expenditure has reached ~70% of health spends.
The hospital industry in India is estimated to reach Rs. 8.6 trillion (US$ 132.84 billion) by FY22 from Rs. 4 trillion (US$ 61.79 billion) in FY17 at a CAGR of 16–17%. In Budget 2021, India’s public expenditure on healthcare stood at 1.2% as a percentage of the GDP. The healthcare industry in India has gained significant interest from private equity firms in India owing to its huge growth potential.
Quadria Capital, one of the top private equity firms in India, is an independent healthcare focused private equity firm. Quadria focuses on partnering with promising regional healthcare companies and, with its active investment strategy, helps them grow into regional leaders while creating and delivering outstanding returns to its investors.