Ayushman Bharat to help hospital sector bounce back in 2019, says Icra

The healthcare sector is expected to benefit from an increase in the disease burden, higher incidents of lifestyle diseases, and an ageing demographic profile

After witnessing a growth erosion for the past two years due to several regulatory restrictions, the hospital sector seems to be on the path to recovery.

The sector’s revenue is likely to grow in the range of 8-10 per cent in short-to-medium term, supported by a higher number of patients and better pricing, said an Icra report. The report gave a stable outlook to the sector.

Significant bed additions in the last four years, and their ramp-up is expected to show marked results, it said.

Further, the sector is expected to benefit from an increase in the disease burden, higher incidents of lifestyle