Private hospital market size may touch 54 bn: Assocham

Currently,the market size of Indian private hospitals stands at USD 26 billion,the chamber said,adding that most people in the country prefer private hospitals for health check-ups.

It said the market size of the Indian diagnostic and pathology services segment is also likely to reach USD 2.5 billion by 2012 from USD 1.2 billion at present.

Private players are increasing their investments in smaller cities,Assocham said.

Several players in the segment have proposed significant investment on their expansion plans,it said.