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India plans medical device parks to boost sector

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05-Oct-15 India plans to set up two medical devices parks to facilitate the sector's growth, which is currently at a nascent stage. The government has identified 400 acres near Chennai and 100 acres at Hyderabad for the parks. The domestic market is worth $6.8 bn, but only one-third is locally manufactured. India also exports $1 billion of medical devices. [image: Business Standard]

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India emerging as major destination for quality healthcare

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05-Oct-15 India's government is focusing on quality and easy visa processes to make India a global destination for healthcare, commerce secretary Rita Teaotia has said. She emphasised the need to focus on standards and accreditation of hospitals and laboratories to enhance confidence. 1.3 mn medical tourists visit India annually from the US, UK, Sri Lanka, Bangladesh, China and others. [image: The Times Of India]

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Apollo Hospitals beds set to cross 10,000

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04-Oct-15 Apollo Hospitals will open four more hospitals in India in the coming months, taking its total bed strength to over 10,000, Chairman C Prathap Reddy said. Stating that India needs 100,000 additional beds every year for next decade, he said there was need for new hospitals to meet the huge demand. [image: ET Healthworld]

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Indian homecare group Portea expands to Southest Asia

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02-Oct-15 Portea Medical, India’s largest medicalised homecare group has just expanded to Malaysia and is actively looking at other South East Asian markets, linking up to hospitals, labs and potentially insurers. “We do provide medical services in retirement communities, but we... want to remain focused on homecare, post-operative care and chronic disease management,” said CEO Meena Ganesh. [image: TechCrunch].

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Cygnus Hospitals aims to have 50 units in India by March 2018

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04-Oct-15 Cygnus Hospitals, which operates a chain of super speciality units in Delhi and Haryana, aims to add another 40 hospitals in north India in the next three years. The Delhi-based group currently has 10 hospitals in Delhi, Sonepat, Panipat, Karnal and Kurukshetra. [image: Cygnus Hospitals]

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