The Healthcare Industry is witnessing a sudden paradigm shift in last five year. Though this change was inevitable and the Industry has been working towards it for a decade now, this has been visible only in last two years.

All sectors in India are undergoing a change from unorganized to an organized structure and so is also seen in healthcare. Till few years ago healthcare delivery was sole responsibility of Private practitioners and Doctor owned and run hospitals. Since it was also considered only as a social sector so almost all the large hospitals were either Government or charitable hospitals.

A US$ 36 billion industry today and growing at 15% CAGR, the Indian healthcare industry will be a US$ 280 billion by 2022.

Apollo Hospital started the trend of corporate hospital, others followed. There has been a large gap after first corporate hospital and the trend of corporatisation in healthcare delivery in India. Today industry is moving rapidly towards organized sector and more so towards corporatisation of healthcare delivery.

Corporate hospitals: list and number of hospitals and their spread.

Hospital Groups	Number of Locations	Number of Hospitals	Number of Beds	Coverage	Annual Revenue (2005-06 (In Rs. Crore)
Apollo Hospital Enterprise Ltd	11	11	3000	All Metros	779
Wockhardt Hospitals	8	10	1400	Bangalore, Mumbai and West India	210
Fortis Healthcare	5	13	1855	North India	100
Max Healthcare	1	6	765	Delhi & NCR	137
Manipal Health Systems	9	11	3000	South India (Mainly Karnataka) and Sikkim	-
Care Hospital	11	14	2000	South and West India	-

Last 2 year have been years of dramatic changes. Most of the existing players announced their huge expansion plans and many of large companies with no or very little existence in healthcare delivery declared that they will be putting in huge investments in Healthcare Delivery. The growth and sudden interest in the healthcare business can be attributed to many factor, one of the most strong of which is the strong Indian economy.