Netscribes' latest market research report titled Private Medical Colleges Market in India 2015 states that the demand for private medical colleges in the country is increasing due to a number of factors like increased student population, medical as a popular career option and many more. Private medical colleges being an indispensable part of service industry continues to show a positive demand over the years. Currently these colleges have outgrown the number of government medical colleges both in terms of volume and intake capacities in various parts of the country. The reasons driving the growth of private medical colleges in India are lack of medical seats in government medical colleges, need of doctors and medical professionals in the country, increased passion amidst the students to become a medical professional and a lucrative career in the long run. However, despite of immense opportunities, this sector holds a lot of challenges due to high academic fees, inappropriate quality of education and its uneven distribution across the country. The government plays an important and a favorable role, thus boosting and encouraging private players to enter into this sector. Government regulatory bodies have been formed to monitor proper education in the medical colleges. With newer trends emerging in this sector we are moving towards a transparent approach that focuses on quality by adopting to various curriculum innovations that are in par with the industry standards. Newer student assessment techniques have been adopted by the colleges to keep the students motivated. The emphasis is now laid on Continuing Medical Education (CME) in the medical colleges across all parts of the country. The future holds a lot of opportunities for emerging players in the above sector. Thus it is expected that the country will produce more number of private medical colleges in future.
Table of Contents
Slide 1: Executive Summary Macroeconomic Indicators Slide 2: GDP at Factor Cost: Quarterly (2011-12, 2012-13, 2013-14, 2014-15), Inflation Rate: Monthly (Dec 2014 - Apr 2015) Slide 3: Gross Fiscal Deficit: Monthly (Feb 2014 - Jul 2014), Exchange Rate: Monthly (Dec 2014 - May 2015) Slide 4: Lending Rate: Annual (2011-12, 2012-13, 2013-14, 2014-15), Trade Balance: Annual (2011-12, 2012-13, 2013-14, 2014-15), FDI: Annual (2010-11, 2011-12, 2012-13, 2013-14) Introduction Slide 5: Evolution of Public Health Services Market Overview Slide 6: Increasing medical colleges and intake capacity - Overview, Medical Colleges in India (Government and Private; 2004, 2014), Intake Capacity of Medical Colleges in India (Government and Private; 2004, 2014) Slide 7: Regional distribution and intake capacity for FY 2014 - Overview, Region-wise Institutions in Government and Private Medical Colleges - India (2014), Region-wise Intake Capacity in Government and Private Medical Colleges - India (2014) Slide 8: Medical colleges in various states and Union Territories of the country - Overview, States and Union Territories with more number of medical colleges than required, States and Union Territories falling shortage of medical colleges than required Slide 9: Allopathic doctors registered with State Medical Councils, 2013 - Overview Slide 10: Less than 5 doctors registered per million population Slide 11: With 5 - 10 doctors registered per million population Slide 12: Rankings of Medical Colleges- Summary Slide 13-14: Top 25 Medical Colleges Ranking - 2014 Drivers & Challenges Slide 15: Drivers and Challenges - Summary Slide 16-19: Drivers Slide 20-22: Challenges Government Regulations Slide 23-35: Government Regulations Slide 36: Government Regulatory Bodies - Summary Slide 37-40: Government Regulatory Medical Bodies Trends Slide 41: Trends - Summary Slide 42-44: Trends Competitive Landscape Slide 45: Porter's Five Forces Analysis Slide 46-75: Major Private medical colleges Strategic Recommendation Slide 76-78: Key Recommendations Appendix Slide 79: Key Ratios Description Slide 80: Sources of Information
This research report involves complete picture of the market with the help of in-depth secondary and primary research. This research report studies several aspects of the market and analyze vital industry influencers. Extensive secondary research has been conducted using paid as well as open access data sources in order to gather information on the market and parent market. These key findings are then analyzed and validated with the help of in-house data models and primary discussions with key industry participants and experts across the value chain
Research Tools and Models
- Top-Down Approach and Bottom-Up Approach
- QFD Modeling for Market Size and Share Calculation
- Regression, Variable and Impact Analysis
- Penetration Modeling
- It comprises briefing about market dynamics and business opportunities and strategies.
- Finally, all the research findings are validated through interviews with in-house industry experts, freelance consultants and key opinion leaders etc.
It involves various mathematical tools, models, projection, and sampling techniques. It involves following steps:
- Identification of market variables and market size derivation
- Assessment of future prospects, opportunities and market penetration rates by analyzing product commercialization, regional trends etc.
- Evaluation historical market trends and derivation of present and future year-on-year growth trends