Healthcare products manufacturers

Human life, which is a precious one, cannot be replaced. Due to the increase in the communicable and non-communicable diseases, the health and medical sector has reached greater heights. People in India were not aware of the medical facilities. But now the awareness among the people has surged up and hence the sector got proliferated. This on other hand increased opportunities for other health related sectors to grow up.

The healthcare industry has evolved as one of the largest service sectors constituting 5% of the GDP and offering the employment opportunities to around 4 million people. The competitive advantage of India’s health care sector is the cost advantage and large pool of well-trained medical professionals.

Market size of Healthcare sector:

India’s per capita healthcare expenditure has increased due to varied healthcare products at a CAGR of 10.3%. The driving factors of the sector are

• Rise in income
• Easy affordability of health care services with Health insurances
• Well designed medical equipments
• Substantial awareness about personal health and hygiene which has made a path of growth for the healthcare products manufacturers.

The private sectors play a major role in the healthcare industry. They render services at cost advantage with the help of wholesale health care products suppliers around the world. The share of private healthcare sector was 66% in 2005 and expected to rise to 81% by 2015. Several measures are being taken by the government to bring healthcare services in the hands of the patients.

Indiabizsource is a global online marketplace which has wholesale health care products suppliers supplying medicines, pharmaceutical raw materials, hospital and medical lights, pharmaceutical packaging machines, anti-infective pharmaceuticals, hospital equipment, etc. The availability of healthcare products wholesale has made profits to hospitals and cost advantage to the people. There are varied healthcare products such as dental supplies, ENT surgical equipment, Brain and Nervous system drugs, and cardiovascular medication in India biz produced by diversified healthcare products manufacturers.

Let’s join hands to serve the nation towards disease free environment!