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Medical Education In India
CYGNUS Business Consulting & Research, May 2010, Pages: 144
According to Cygnus estimates, India’s medical education market (both dental and medical) in 2009-10 is Rs21 billion which grew by a CAGR about 10% in last three years. Cygnus further estimates Indian medical education market to grow at a CAGR of 18% by 2012-13 to attain a market size of Rs35 billion. In order to achieve the 1:1,000 doctor-patient ratio and 1:7,500 dentist-to-population ratio, as recommended by the World Health Organisation (WHO), India needs at least 600,000 doctors, 200,000 dental surgeons and one million nurses. Against this the country produces only 23,000 new doctors, 13,000 dental doctors and 45,000 nurses every year. Therefore a huge demand supply gap exists in medical education.
In India, the growing awareness of the role of health development as a vital component of socio-economic development, has contributed to the increase in number of medical colleges. In the past ten years, the total number of colleges (Medical & Dental) increased to 572 in 2008-09 from just 324 colleges in 2000-01, registering a growth of 65%. In spite of the continuous growth in the medical education sector over the past few years, the country has not been able to meet the growing needs for medical professionals in the country. Therefore the medical education market in India offers an excellent investment opportunity.
In the backdrop of above scenario Cygnus Business Consulting & Research has come out with a report on Indian Medical Education Market. The report discusses about overview of medical education as a part of higher education, scenario regarding students’ enrolment, key growth drivers, issues and challenges, major regulations for setting up and running a medical college, quality accreditation for a medical college, critical success factors, major medical colleges, how to set up a medical college and outlook of medical education market.
The report will be useful for researchers involved in higher education market in India, prospective investors interested in setting up an institute for medical education, private equity firms involved in higher education financing and also for others looking at the education market for some academic research.
SCOPE OF THE REPORT
- Overview of Medical Education in India
- Key Growth Drivers
- Issues & Challenges
- Major Medical Institutes
- Regulations & Procedure of Study
- Government Support
- Summary of Project Cost
- Critical Success Factors
- Future outlook – Quality improvement & growth rate
KEY POINTS DISCUSSED
- Setting up Medical College
-- for 300 bed and 100 students intake every year
-- Existing Hospital; expanding into Medical College( 150 intake every year)
-- Funding in medical education
-- Demand for Medical manpower in India and abroad
-- Various regulations and procedures
REASONS TO BUY
- To understand the current scenario & future prospects
- Comprehensive report on major regulations & Quality accreditation
- Analytical report with insights into funding in medical education
- To understand viability and demand in future
- To understand the issues & Challenges – Outlook of the market
FOR WHOM
- Researchers involved in higher education market in India
- Prospective investors interested in setting up an institute for medical education
- Private equity firms involved in higher education financing
- Others looking at the education market for some academic research
RELATED REPORTS –
Indian Medical Devices & Equipments Market, Indian Dental Market, Pre- feasibility report on Multi-Speciality Hospitals, Management – Insight – Hospitals, Indian Hospitals
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