Private clinic business increased 30-300%

Turnover posted by the top 10 companies in the field in 2007 amounted to some €70 million. The private health market is estimated to be worth about €250 mln.

“Major growth is possible for small companies, while for mature companies a 30-40 percent growth rate is impressive, although this is dependent on massive investments. If we compare the value of investments to that of turnover, the perspective is not quite so rosy,” said the General Manager of the Hiperdia clinic network, Tiberiu Roth.

A new trend registered last year was expansion outside Bucharest. Top players on the market, such as Unirea Medical Center (CMU), Medsana, Medicover and Medlife, have all opened clinics in major cities and are preparing further openings this year. “It takes thousands of clients, at least two thousand, for an investment in a multi-functional clinic to be viable,” said Medicover’s General Manager, Marina Otelea.