Transforming Indian Healthcare Infrastructure and delivery through Swedish Interventions

 

What 

India’s healthcare market is valued at USD 180 billion; it is projected to reach USD 450 billion by 2030, growing at double-digit CAGR. This makes India the third-largest incremental healthcare ecosystem globally, behind only the US and China. India’s healthcare expansion over the next decade will be larger than the entire Nordic healthcare market combined, and faster-growing than most Asian peers. Salient features of Indian healthcare story include:

  • Infrastructure surge: Closer to 60,000+ hospitals in 2023. In 2026 alone, private hospitals are expected to add over 4,000 beds with investments of USD 1.3 billion, underscoring the scale of ongoing expansion.
  • Government push: 20+ new AIIMS (All India Institute of Medical Sciences) institutes, medical colleges doubled (380 → 700), and National Health Mission initiatives driving state-level upgrades. The Union Budget 2025–26 earmarked USD 11.5 billion for healthcare, dedicated to strengthening, expanding, and modernizing the country’s healthcare system; a clear signal of the government’s sustained commitment to sectoral growth.
  • Demographic drivers: 1.4 billion population, with 1 in 8 above 65 years by 2030, rising life expectancy (70 years), and a growing middle class demanding affordable and accessible care.

Healthcare already represents ~3.8% of India’s GDP and is growing faster than the economy itself; a scale unmatched in Europe. India’s challenge is not just adding hospitals, but making them smarter, greener, accessible and more connected. Rapid expansion demands advanced technologies, affordable yet high-quality care, and wider reach into underserved cities and rural areas. Swedish expertise in hospital design, medtech, digital health, and sustainable infrastructure is uniquely positioned to bridge these gaps and drive India’s healthcare transformation.

 
How 

The Swedish Healthcare Consortium in India connects Swedish companies directly with EPCs, hospital chains, and public health authorities, positioning them as trusted partners to address up to 60–70% of India’s expanding hospital infrastructure needs. Through focused dialogues, site visits, and high-level networking, the consortium enables market access across three high-growth areas: large-scale hospital modernization, rapid healthcare expansion in Tier 2 and 3 cities, and the shift toward green and digital healthcare solutions such as telemedicine, AI diagnostics, and energy-efficient hospitals. With healthcare already contributing ~3–4% of India’s GDP and on track to rival Europe’s largest markets by 2030, this platform offers Swedish companies a strategic opportunity to shape one of the world’s fastest-growing healthcare ecosystems and secure long-term leadership in Asia.

 

CONTACT US 

For more information contact Hemamalini Kulasekaran at Hemamalini.kulasekaran@business-sweden.se.