21-Feb-17 India is emerging as a hotspot for medical tourism with arrivals of foreign tourists on medical visas showing phenomenal growth in the last two years. 2013 to 2015 witnessed growth of 140 percent, to 134,000 visits in 2015. The majority of patients are from the Middle East, Africa, Bangladesh, Afghanistan, Maldives, Pakistan, Bhutan and Sri Lanka. [image: Business Standard]

20-Feb-17 CDC Group, the development finance institution owned by the UK government, and Manipal Education & Medical Group have tied up to launch a INR500 crore (USD75 mn) corpus to invest in healthcare services beyond conventional hospital services. This partnership will invest in innovative opportunities in India, Africa and South Asia. The platform will target services like diagnostics and home-care services. [image: CDC Group]

17-Feb-17 The Association of Indian Medical Device Industry has inked an MoU with Invest India to promote manufacturing of medical devices and components in India. The team also aims to reach out to companies in major medical devices destinations like Taiwan, Japan, South Korea, Italy, Israel, Germany and the US for technology sourcing and manufacturing JVs. [image: Martupdate]

16-Feb-17 SLifestyle diseases are an epidemic in India. The earlier a disease is diagnosed, the more likely it can be cured or managed. That's because medical diagnostic tests intervene and help prevention at a stage when treatment and cure is possible. This makes continued innovation in diagnosis supremely important for delivering better health delivery standards and a healthier, disease free population. [image: PATH]

16-Feb-17 Global investor TPG Capital is attempting the biggest M&A deal in the Indian healthcare industry through a consolidation of Fortis Healthcare and Manipal Health Enterprises. This would create the country’s largest healthcare services group rivalling current leader Apollo Hospitals. The deal-making is likely to be a multi-staged affair, possibly spanning over the next 18 to 24 months. [image: The Economic Times / Fortis]