26-Feb-16 Indian healthcare is growing at 17% and is expected to be worth USD280 bn by 2020. Even so, nearly one million people die every year due to inadequate facilities and almost 700 mn have no access to specialist care. The Government has planned a 'complete transformation' of the sector. It now needs to act on its plans and allocate more money. [image: Reuters]

24-Feb-16 Siemens has released a new report based on research with healthcare providers across 13 countries including India, China, Poland, Russia and Turkey, which revealed four common pressures: demographic change; shifting patient expectations; requirement to reform; and the rising tide of healthcare technology. Digitalisation and smart financing have been recognised as the ultimate remedy for the increasing pressures on healthcare. [image: SFS]

18-Feb-16 As Andhra Pradesh, Maharashtra and Gujarat race to establish exclusive world class medical device manufacturing parks, the Association of Indian Medical Device Industry has recommended eight key policy measures which must be rolled out to ensure the financial viability of these parks and to make India an international hub for medical device manufacturing. [image: Indian White Paper]

18-Feb-16 To reduce cost and time for Indian companies to obtain globally accepted certification, the Quality Council of India is likely to introduce a voluntary certification scheme, "Indian Certification for Medical Devices" in one month's time. The scheme intends to enable the Indian medical device industry to demonstrate adherence to the best international standards and enhance credibility in the world market. [image: NABCB]

18-Feb-16 Patients from all over the world flock to India for treatment, drawn by the value for money. Cardiac surgery costs USD6,000 compared to USD20,000 in Russia, while a liver transplant that would cost USD200,000 in the US can be had for USD14,000. India receives about 230,000 medical tourists a year. Apollo Hospitals derives 15% of its revenue from medical tourists. [image: Ninad Sheth]