1. Healthcare Sector in India: 2023–2025
     Market Size & Growth

• The Indian healthcare sector grew to approximately $372 billion in 2023, with projections to reach $638 billion by 2025, fueled by a 17.5 % CAGR over the last decade digitalhealthnews.com+2The Financial Express+2Healthcare Executive+2.

• Hospital market alone was valued at $99 billion in 2023, expected to grow at 8 % CAGR to $193.6 billion by 2032
   

Pharma & Biotech Trends

• The Indian pharmaceutical industry reached nearly $50 billion in FY 2023–24, with exports accounting for over 20 % of global generics by volume, and projections of $130 billion by 2030 Reuters+2Wikipédia+2india-briefing.com+2.

• Pharma exports are expected to surpass $31 billion by end of FY 2024, growing around 11 % year‑on‑years
  Biotech Momentum

• India's biotech sector, valued at around $80 billion in 2022, is expected to grow to $150 billion by 2025 and beyond
   

 Healthtech & Digital Health
 

• Digital health (telemedicine, AI diagnostics, wearables, EHRs) reached approximately $8.8 billion in 2024, projected to expand to $47.8 billion by 2033 at ~17.7 % 

• Telemedicine alone is anticipated to exceed $5.4 billion by 2025, with AI applications growing at ~45 % annually.
   

 Investment Activity

• Private equity and VC injected $5.5 billion into healthcare/pharma in 2023, up 25 % from 2022; notable acquisitions include KKR’s takeover of Healthium Medtech and Advent’s investment in Apollo Hospitals’ digital pharmacy arm.
   

Access & Insurance

• Out-of-pocket healthcare spending remains high at ~54.8 %, though health insurance is growing rapidly—from $3.82 billion in FY16 to $13.07 billion in FY24, projected to reach INR 1.5 trillion (~$18 billion) by 2029.
   

Medical Tourism & Wellness

• Medical tourism is recovering, with revenues expected to grow from $7.7 billion in 2024 to $14.3 billion by 2029Healthcare ExecutiveThe Financial Expressdigitalhealthnews.comWikipédia.

• The wellness and fitness market is also booming, valued at $12 billion by 2025, driven by demand for preventive health and personalized nutrition The Financial Express+1digitalhealthnews.com+1.
   

 2. France–India Collaboration in Healthcare

Innovation Partnerships

• On February 10, 2025, C‑CAMP (India) and PariSanté Campus (France) signed a Letter of Intent to establish an Indo‑French Life Sciences Sister Innovation Hub, focusing on One Health and Digital Health Technologies, announced by the presidents of both nations during the Paris AI Summit.
   

 Tech & Digital Collaboration

• This partnership aims to foster joint R&D between French and Indian innovation ecosystems, enhancing cross-border healthtech innovation, academic exchange, and startup development.
   

 Shared Biotech Projects

• French entities and Indian biotech hubs are working together to accelerate life sciences innovation—covering diagnostics, vaccines, personalized medicine, and beyond.
   

3. Trends & Outlook Post‑2025
Demographics & Demand

• With rising life expectancy (up to 84 by 2045) and aging population, India’s demand for chronic and elderly healthcare services will surge.

 Infrastructure Expansion

• India continues to invest heavily, including through Pradhan Mantri Atmanirbhar Swasth Bharat Yojana (PMASBY), targeting major public health infrastructure upgrades by FY 2025‑26.
   

 Technology Integration

• AI, telemedicine, wearables, and data-driven diagnostics are key growth engines—accelerated by post-COVID shifts and digital health adoption The Economic Timesmedicalbuyer.co.inCustom Market Insights.

Insurance & Financial Access

• Insurance coverage will expand meaningfully, reducing out-of-pocket burdens and enabling broader access, especially in tier 2–6 cities.

       Wellness & Preventive Health

• Growing awareness of lifestyle diseases and pollution-linked illness is driving preventive health, wellness products, nutrition services, and fitness tech.
  
   

Why It Matters for FIBC

• Strategic Franco‑Indian positioning: Showcase cooperation in healthcare innovation (life sciences hubs, healthtech tie-ups, digital health).

• Visibility for French firms: Opportunities in biotech, medtech, AI diagnostics, genetic testing, pharma exports, and innovation programs.

• Membership value: Publish news about joint research hubs, policy initiatives, investment opportunities, startup accelerators, and healthcare events.

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