India’s Healthcare Industry is Touching New Dimensions

Posted on 24 March 2012 in Uncategorized by admin

Recently, much has been said about the healthcare industry in India and its growth. And rightly so; the industry has been gathering steam and making people take notice of its massive growth.
Last year, Dr. Prathap C. Reddy, Apollo Hospitals group founder-chairman said in Bangalore that the overall industry will show speedy signs of growth mainly because of increase in life expectancy, higher income levels, greater reach of health insurance, and growing lifestyle-related diseases.
In fact, it is already a million-dollar industry that is currently undergoing a rapid expansion phase with 12 percent CGPA (cumulative growth per annum) since 2008. By 2020, the sector will accumulate Rs.1.3 trillion (Rs.12,60,000 crore) in revenues.

“Government initiatives and public-private partnerships will help create better opportunities for nurses, paramedics, emergency medical technicians and specialized doctors across the country,” Dr Reddy said.

According to the Investment Commission of India, the market size of hospitals and nursing homes will grow at 20% every year & projected to stand at Rs. 54,000 crore.
Medical equipment on the other hand will be somewhere close to Rs. 9,000 crore with 15 per cent growth; clinical lab diagnostics with Rs.4,500 crore – a clear 30 per cent increase.

In addition to this, imaging diagnostics will be another money-spinning business standing at Rs.4,500 crore (30 per cent growth).

Other services including training and education, aesthetics and weight loss, and retail pharmacy will stand at Rs. 9,000 crore.

There’s also been an influx of medical tourism, educational services, and leisure tourism in India which is likely to build up in the coming years drawing an additional $6-50 billion in revenue and producing close to 10-48 million direct and indirect jobs by 2020.

Investments in Healthcare

Global Ratings agency Fitch recently said that “India’s healthcare sector will continue to witness investments in 2012 but at a slow pace, driven by a wide gap between the demand for, and supply of, healthcare services,” Fitch Ratings said in its annual report ’2012 Outlook: India Health Care’.

It further added: “This (slow growth) is due to below-par healthcare infrastructure, especially in Tier II and Tier III cities, increasing lifestyle-related health problems, changing demographics, rising disposable income and insurance penetration, and increasing government support and medical tourism.”

“The sector will continue to offer investment opportunities in increasing bed capacity, ancillary industries like medical technologies and diagnostics in Tier II and Tier III cities, while specialty services like cardiology, neurology, joint replacements etc, are likely to attract most of the investments in bigger cities,” the report said.

Rise of the Insurance Industry

The Insurance segment is worth $3 billion (Rs 15,000 crore) as of now. “Health insurance is growing at 20% and will reach around $13 billion by 2020.

So, it is growing at a faster rate than the healthcare industry but, even with that growth, you are talking about a funding gap of over $200 billion.

The gap in rupees crore is so significant that the Indian government will have a serious issue in terms of financing healthcare” says Mr. Antony Jacob, CEO, Apollo Munich Health Insurance.

Competing with other Industries

The healthcare segment is moving ahead on the same line as the pharmaceutical or the software industries here.

Like manufacturing, this segment also has the power to be the engine of the country’s economy. Thanks to this, many foreign companies will continue to invest in it in the years ahead.

The Path Ahead

Already, India’s economy is flourishing and the middle class is getting stronger with more disposable income to spend on healthcare services.

The Government of India too is in the midst of constantly developing all inclusive policies on healthcare that aim to reinforce the sector – a high number of infrastructure and advance medical equipment solutions have been infused in the sector.

In the years ahead, the sector holds greater potential and promise. “Health Insurance as a business, has the potential to show top line growth,” concludes Dr Reddy.

http://www.businessreviewindia.in/business_leaders/indias-healthcare-industry-is-touching-new-dimensions

 Medical Tourism Resource Online

The Emergence of Medical Tourism in India

Posted on 2 January 2012 in Uncategorized by admin

With technology booming at a rapid pace the sector of healthcare has made significant changes in the world of medical tourism. India is ranked as one of the growing economies in the healthcare sector in the world. But what is it that India is growing in leaps and bounds when it comes to healthcare? The answer is that it has the state of the art hospitals, advanced technology, highly qualified and well trained doctors, staffs and cheap medicines. This whole segment is attracting the tourists worldwide and they are flocking from across the world. Hip Replacement India and Hip Joint Replacement in India is a surgery that has become quite famous over the years and it is a practice where the hip joint is changed to a modular bearing that provides a painless articulation. You can get some indications where in you can check whether you are suffering from this kind of a disease or not. You need to check whether you have Hip joint Arthritis that can be either degenerative or is it inflammatory pathology. There can be a Fracture Neck Femur that is upper end of the thigh bone, Malformed Hip Joint that can be a disease of the childhood and Loss of blood supply of a vascular. If you still haven’t figured out what exactly is a Hip replacement india and Hip Joint Replacement in India then here is the definition it is basically a painful hip joint that has radiological evidence of the obliteration of the joint areas. The only exclusion in this procedure is Fracture Neck Femur where there is a partial change of the component that is being performed. If you check out the statistics then you will notice that there are around 200,000 hip replacement surgeries that are being performed every year in the United States and over 90 % of them are quite successful with no Revision Hip Surgery India complications being reported. But complication after the surgery is always a possibility that is lurking behind your mind. The risks are more often reversible and the older the person is the chances of the risk is higher. The whole process of Revision hip surgery India is a bone preserving the hip replacement where the preservation of the bone takes place and there is less stress levels that protect the shielding and thereby it makes it easier to revise the hip if required. The head size provides a very effective stable joint and it would recreate the entire sensation o a normal hip joint process. So if you really have a problem with your joints and hip then get is healed as soon as possible.

http://www.212articles.com/the-emergence-of-medical-tourism-in-india/

 

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Female Hair Transplants – Cosmetic Medical Tourism – in India

Posted on 23 December 2011 in Uncategorized by admin

Female hair transplant in India could be of help to females, who are facing the problem of alopecia but cannot afford hair restoration surgery in their own country. The most common reasons for opting for hair transplant in India are: lower cost of the surgery and no waiting period for the treatment.

The cost of hair replacement surgery for women in India is only a fraction of the price charged for the same procedure in the US or Britain. Experienced doctors, decent medical facilities and low costs of medical treatments have made India the favored medical destination for many foreign patients.

Instruments Used for Hair Transplant Surgery
Causes of Receding Female Hairline

• The reasons for hair loss in women differ vastly from hair loss in men.

• Hormonal imbalances caused by pregnancy, menopause or any other problem can result in hair loss in females.

• Prolonged stress or severe tension may also lead to hair loss in women.

• Certain medical conditions and medications may contribute to the problem of female hair loss.

• Several other factors, such as use of harsh shampoos or hair colors can also initiate this problem.
Female Hair Transplant – An Overview

• Female hair transplantation procedure involves taking tiny groups of hair follicles from an area of the head where there is full permanent hair growth and transferring them to the region of the hair loss.

• Hair loss in women tends to be more diffuse than men. This means that hair in women become thin over most or all of the head. Females do not bald completely; they may have a balding patch in the area of hair partition. In men, the hair loss usually occurs on top of the head, and the back and sides are usually spared.

• Donor hair is usually taken from sides and back in the cases of both men and women.

• In almost all the cases of hair loss, the follicular units taken from the donor area are placed in-between the existing hair over the recipient area. This procedure if not performed carefully may shock the hair close by.

• One can find numerous before and after female hair transplant photos to know about the results.

Gwalior Fort in India
Female Hair Transplant in India – Advantages

Here are a few advantages of opting for hair transplant in India:

• The cost of female hair transplant in India could be as much as 75 percent less than what a patient has to pay in western countries.

• Medical Tourism Co. works with very proficient cosmetic surgeons in India, some of who have trained in foreign universities. The doctors in our network can easily converse in English, and for patients who prefer some other language,a language interpreter is arranged.

• Certified doctors for women hair transplant in India are highly-skilled and experienced when it comes to executing this delicate procedure.

• Doctors in India are well-versed with the modern technologies and latest procedures pertaining to female hair restoration surgeries.

• India is a vast country and has plenty of places for tourists to explore. Patients can take a relaxing break while on a trip for undergoing the procedure for female hair restoration in India.

Figures on hair loss are startling. According to the American Academy of Dermatology, nearly 80 million Americans suffer from hair loss every year. However, the high cost of hair transplant treatment should not keep you from getting back a healthy mop. Medical Tourism Co. can help you find the right hair transplant surgeon, who will restore your hair without upsetting your half-yearly budget.

http://www.medicaltourismco.com/medical-tourism/female-hair-transplant-in-india-2/


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Indian Medical Tourism Market to Catch Global Attention

Posted on 16 June 2010 in Uncategorized by admin

New Delhi, India – The medical tourism industry in India is expected to grow blissfully in the coming years and expected to grow at a CAGR of around 27% during 2009-2012, according to our research report “Booming Medical Tourism in India.” The medical tourism industry holds huge potential and will be mainly driven by improving tourism & medical infrastructure, increasing availability of quality healthcare services and low healthcare costs.

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Medical Tourism in India

Posted on 28 May 2010 in Uncategorized by admin

This advancement on the health care front has made the country a hot spot amongst foreigners as the medical facilities here are not only par excellence but also available at much affordable prices.

India has a pool of some of the best doctors in the world. From heart surgeons to yoga experts you name it and India has them in numbers. The country also boasts of world class hospitals which offer amenities matching unto 5 star levels. Being one of the most traversed countries amongst foreigners, Medical Tourism India combines the best of healthcare and holiday.

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Vasectomy in India from recognized Infertility surgeons

Posted on 9 April 2010 in Uncategorized by admin

India offers low cost Vasectomy with specialist infertility surgeons. Medical Tourism in India is fast becoming popular to foreign patients particularly to the Americans. Welcome to the tourism in India. India is one of the best places for the medical treatment or any other health care. Every year thousand of visitors come to India from around the world just for the medical check up and other high end surgery.

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Thanks to Indian medical tourism for affordable cost Cosmetic dentistry in India

Posted on 21 March 2010 in Uncategorized by admin

Medical Tourism in India for Cosmetic dentistry is one of the best options available to people across the globe. India, as a medical tourism destination, is appealing to UK residents who are unable to afford expensive private healthcare in their own country and prefer not to endure lengthy NHS waiting lists.

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Quality effective and attractive low cost obesity surgery packages in India.

Posted on 28 February 2010 in Uncategorized by admin

India’s tradition in medical innovation is world-renowned, as are its standards in providing world-class health care and expertise at reasonable costs. The country has been attracting foreign patients for numerous procedures in all health specialties and in particular for attractive cost obesity surgery packages in India.

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What is Medical Tourism – The Expanding Scope of Medtravel Medical "Tourism"

Posted on 5 March 2009 in Uncategorized by admin

Medical tourism in India, Singapore and Thailand – Travellers prefer to combine their medical treatments with a visit to the ‘exotic east’ with their families, visiting places like.

Self-insured groups may encourage medical tourism : Covering Health – Joy Robertson looked into medical tourism and posted her findings on Ozarksfirst.com, the Web site of Springfield, Mo.-based stations KOLR and KSFX. She found that self-insured entities like the Assemblies of God Missions can save …

Medical Tourism Expands « RxMike – An innovative medical tourism platform, Fly Free For Health, has taken the lead to revolutionize the way Americans and global travelers can adopt medical tourism. It is the first such program in the world that allows “medical butlers” …

Medical Tourism Or Health-Seeking Travel | Emaxhealth – Medical Tourism Traveling abroad for the purpose of improving one’s physical, mental, and spiritual well-being is increasing in popularity. Such “health tourism” includes, but is not limited to, traveling for alternative therapies, …

 

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