India's rapid growth has brought about a "health transition", in terms of shifting demographics, socioeconomic transformations and changes in disease patterns - with increasing Degenerative and lifestyle diseases and altered health seeking behavior.

Healthcare, which is a US$ 35 billion dollar industry in India, is expected to reach over US$ 75 billion in the next five years. The private sector today accounts for over 80% of this spending. With 1.5 beds per thousand population (both private and public combined), India is at par with some of the less developed countries like Mexico, Costa Rica & Philippines.