Need for mergers, acquisitions in healthcare sector

India's hospital sector is more fragmented than that of France, the UK and South Africa, according to Hollamby

- Jessica Jani & Ranjani Raghavan

India's healthcare sector remains extremely fragmented and there is significant scope for consolidation and scale through mergers and acquisitions in the next two decades, Dominic Hollamby, executive vice chairman of Rothschild & Co.'s global advisory division and global head of healthcare, said.

"The reality is that certainly, India is at the foothills of evolution of the healthcare sector," he told Mint in an interview. "At the moment, what you think of as big players are very small compared to what you would find in an industry that's been consolidating for 30 or 40 years," he added.