• Politics
  • Business
  • World
  • Science
  • Startup
  • Health
  • Travel
  • Economy
  • Top Story
Aryavarth News
  • Home
  • Politics
  • City News
  • Top Story
  • Editorial
No Result
View All Result
Aryavarth News
No Result
View All Result

Healthy recovery: Large hospital players gaining market share, says HDFC Securities

Accordingly, the report cited secular growth, asset light models, India's huge demand-supply gap, rising health insurance penetration, high out-of-pocket spends, increase in medical tourism as compelling growth prospects for the industry.

Healthy recovery: Large hospital players gaining market share, says HDFC Securities

Bombay Stock Exchange (BSE).

106
SHARES
221
VIEWS
Share on WhatsappShare on FacebookShare on TwitterShare on Telegram

Mumbai,(Aryavarth) Promising recovery trends have been witnessed for India’s hospital sector as large players have gained market share, said HDFC Securities in a report.

Accordingly, the report cited secular growth, asset light models, India’s huge demand-supply gap, rising health insurance penetration, high out-of-pocket spends, increase in medical tourism as compelling growth prospects for the industry.

The report said that adoption of “asset-light” models of expansion, enhanced focus on retail formats – pharmacy, diagnostics and digital initiatives – are expanding avenues of growth while keeping the balance sheet light.

“Post Covid, recovery trends are promising with large players gaining share after a severe impact in 1HFY21, the industry witnessed healthy recovery trends in the past quarter.”

“Large players have gained market share as patients preferred visiting corporate chains or quality healthcare providers in the crisis time. We expect a gradual recovery in mature or flagship units of our covered companies as the international patient segment remains impacted.”

Besides, the report said that other hospitals or new units in tier 1 or 2 locations have performed well and are expected to further gain traction.

“Other businesses received fillip during the crisis and their EBITDA are expected to grow at 20-30 per cent CAGR over FY20-23e.”

Furthermore, the report pointed out that Capex trends are expected to remain moderated for the next two years.

“With headroom to operationalise beds at existing units and average occupancy at 60-70 per cent, we expect Capex trends to remain moderated for the next two years.”

In addition, it said that pandemic has driven greater adoption of digital platforms but the customer behavior is still evolving.

“We believe the integrated offerings of digital platform (e-pharmacies, tele-consultation, diagnostics) and physical network could present meaningful synergies for players like Apollo (Apollo 24/7).”

SendShare31Tweet19Share
    • Trending
    • Comments
    • Latest
    Guru Gobinds son bricked alive and then killed

    Crores of Hindus Were killed by Islamic Rulers: Hindu Genocide Not Recorded In History

    August 10, 2020
    Pakistan Behind removal of Punjab CM:  Dr Subramanian Swamy

    Pakistan Behind removal of Punjab CM: Dr Subramanian Swamy

    September 20, 2021
    Lenovo under US scanner for spying for China

    Lenovo’s Links to China Government Under Scrutiny For Spying

    July 22, 2020
    Republic TV and R Bharat get a clean chit in Television Rating Points (TRP) scam

    Republic TV and R Bharat get a clean chit in Television Rating Points (TRP) scam

    3
    Today’s Newspaper – 17 August 2022

    Today’s Newspaper – 17 August 2022

    2
    Today’s Newspaper – 10 August 2022

    Today’s Newspaper – 10 August 2022

    1
    ED Seizes Assets in ABG Shipyard Money Laundering Case

    ED Seizes Assets in ABG Shipyard Money Laundering Case

    November 30, 2023
    SC: NCLT can decide disputes related to insolvency of corporate debtor

    Supreme Court Targets Hate Speech with New Mechanism

    November 30, 2023
    39 Children Rescued from Begging in Vadodara

    39 Children Rescued from Begging in Vadodara

    November 30, 2023
    Aryavarth News

    Copyright © 2022 Aryavarth Publication Pvt Ltd.

    Navigate Site

    • About
    • Advertise
    • Privacy & Policy
    • Contact

    Follow Us

    No Result
    View All Result
    • Politics
    • Business
    • World
    • Science
    • Startup
    • Health
    • Travel
    • Economy
    • Top Story

    Copyright © 2022 Aryavarth Publication Pvt Ltd.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.