As suitors line up for Fortis Healthcare, consolidation could emerge as the biggest game changer for India's private healthcare industry.
However, the sector remains fragmented, with the organised sector taking up only 5 to 6% of the total market and the top 13 hospital chains constituting 25% of the market.
To add to that, the industry is facing regulatory headwinds and cost pressures, with states moving towards standardization of treatment rates and the National Pharmaceutical Pricing Authority (NPPA) imposing price caps.
So will economies of scale aid survival for some and growth for others? Is the current business model broken? And what could be done to repair it? CNBC-TV18 attempts to answer all that and more on special show Eye on India.