Navigation Links
The Medical Device Market: India
Date:11/25/2013

London (PRWEB) November 25, 2013

OVERVIEW OF THE MEDICAL MARKET IN INDIA

India has the third largest GDP in Asia, behind China and Japan. Per capita GDP remains relatively low, however, at around US$1,488 in 2013. Economic growth hit a decade-low of 5.0% in 2012, but growth rates are expected to gradually pick up reaching 5.5% in 2013 and 6.0% in 2014. BMI is forecasting average real GDP expansion of 6.4% per annum over the next five years, driven, ultimately, by the Indian consumer. However, per capita income will remain less than a third that of China's at US$2,435 in 2018.

The private sector is the dominant healthcare provider, particularly in urban areas, and as such is the major end-user of medical equipment. High quality, high tech products are sought after, particularly by facilities run by corporate groups such as Apollo Hospitals and Fortis Healthcare. An estimated 95% of all new hospital beds created in recent years have been in the private sector and future increased demand for medical equipment and supplies is likely to continue to come mainly from private sector hospitals and medical centres.

Health insurance uptake remains low; private health insurance funds less than 5.0% of private health spending and only around 3.2% of total health expenditure. Since 2008, the government has funded a scheme to provide health insurance coverage for the very poor, which currently covers around 32mn families.

Detailed regulation of medical devices remains a work in progress. To date a number of implantable and sterile medical devices have been added to the Drugs and Cosmetics Act, bringing them into regulatory control and new guidelines for sterile medical devices came into force on 1st March 2006. The government has been working on the revision of rules in recognition of the need to consider medical devices as a separate category. The new regulations were to have been published as the Drugs, Cos
'/>"/>

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Page: 1 2 3 4 5 6

Related medicine news :

1. Europe Medical Device Market Reports
2. The Medical Device Market: China
3. MEDIVATORS Inc. and Edison Nation Medical Search for New Medical Invention Ideas to Improve Detection of Lower Gastrointestinal Diseases; Search Concludes Jan. 20, 2014
4. Four Researchers from Icahn School of Medicine at Mount Sinai Among the 400 Most Highly Influential Biomedical Researchers in the World
5. Costs Per Claim of Medical Care for Injured Workers in Indiana Higher Than Most States and Rising, New Study Says
6. InDemand Interpreting Named Official Medical Interpreter Certification Site
7. University of Kentucky Health System Selects lifeIMAGE for Medical Image Sharing
8. Vox Scripta, LLC Announces Availability of Dragon Dictate Medical for Mac
9. Raritan Bay Medical Center Receives Stroke Silver Plus Quality Achievement Award
10. Electronic Medical Records (EMR) Market Worth $9,957 Million by 2015 - New Report by MarketsandMarkets
11. Medical Director of the Northeast Regional Epilepsy Group of New York, New Jersey and Connecticut Publishes a Spanish Guide to Living a Full Life with Epilepsy
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/23/2015)... Washington, D.C. (PRWEB) May 23, 2015 ... demonstration of powers of a youngster's yogic power learned ... by Sri Nithyananda Swami in Bangalore, India. , Yogamaatha, ... of more than 50 high profile professionals attending the ... D.C. by reading fluently -- blindfolded. , In ...
(Date:5/23/2015)... (PRWEB) May 23, 2015 On Wednesday, ... that, “the company has been the target of a ... part of the company’s ongoing Information Technology (IT) security ... insurers.” , The most notable attack on health ... Anthem Inc., the nation’s second largest health insurer, revealed ...
(Date:5/23/2015)... A live auction will be held to sell over 5,200 ... medical facilities around the United States. Various types of ... exam and much more. , The live auction will ... at 9:00am CDT each day. The equipment is at their ... IL 60160. Anyone can participate in the auction including ...
(Date:5/23/2015)... Injury lawyer Steven H. Heisler commented today on the proposed ... but which has not been signed to date by Governor ... with overwhelming bipartisan support on April 10, 2015, and ... bill ensures that fracking is prohibited in Maryland through October ... fracking to our water supplies and the air we breathe,” ...
(Date:5/22/2015)... San Francisco, CA (PRWEB) May 22, 2015 ... is hosting two exciting events in June. They will ... First Professional Doctorate and a two-day class on Classical ... 1:30-2:30 p.m. June 3, Dr. Steve Given, the Dean ... he will discuss the new First Professional Doctorate program. ...
Breaking Medicine News(10 mins):Health News:Nine-Year-Old Reads Blindfolded at Business Advocacy Summit 2Health News:Nine-Year-Old Reads Blindfolded at Business Advocacy Summit 3Health News:One Headline Making Cyber Attack Sparks Discovery of Another 2Health News:One Headline Making Cyber Attack Sparks Discovery of Another 3Health News:One Headline Making Cyber Attack Sparks Discovery of Another 4Health News:Over 5,200 Lots of Medical Equipment Will Be Sold by Live Auction 2Health News:Baltimore Attorney Urges Governor Hogan to Sign the Fracking Moratorium Bill 2Health News:Baltimore Attorney Urges Governor Hogan to Sign the Fracking Moratorium Bill 3Health News:ACTCM Announces Upcoming June Events 2
... Birds, fish and amphibians can do something that ... lost inner ear hair cells. , Loss of ... in an estimated 250 million people worldwide. Despite the ... have been hindered by the relative scarcity of inner ...
... Tenn., Sept. 25 Healthcare Realty,Trust Incorporated (NYSE: ... shares of its common stock to Stifel, Nicolaus & ... Nicolaus a 30-day option to purchase up to an ... in the offering will be sold by,Healthcare Realty Trust. ...
... Commends the Black AIDS Institute and Supports Congressional Black Caucus,s ... ... Council,congratulates the Black AIDS Institute on today,s release of "We,re the,Ones We,ve ... America and what black communities are doing about it. AIDS Action,Council also ...
... 25 On Tuesday, October 2, 2007, the,Detroit ... Hammergren, chairman &,CEO, McKesson Corporation. The meeting will ... MI. As Chairman and CEO of McKesson, ... his vision for market-based, "retail-like",healthcare -- a true ...
... Nemec, LMT, CST-D,raised on the Atlantic ocean, begins to ... CraniOcean Media release of, "TOUCH THE OCEAN:,THE POWER OF ... is a theme that runs throughout this intriguing look ... of positive and negative energy that,is released into the ...
... TUESDAY, Sept. 25 (HealthDay News) -- A new generation ... with unprecedented accuracy, researchers report. , But the tests, ... Dr. James Allison, an investigator with the Kaiser Permanente ... of gastroenterologists think that colonoscopy is the only test ...
Cached Medicine News:Health News:Study expected to boost research for hearing and balance therapies 2Health News:Healthcare Realty Trust Announces Public Offering of Common Stock 2Health News:AIDS Action Council Praises Release of Latest State of AIDS in Black America Report 2Health News:L.A. Playwright Creates an Enormous Wave with His New Book, 'Touch the Ocean' 2Health News:Fecal Blood Tests Effective at Spotting Colon Cancer 2
(Date:5/22/2015)... 2015  In a sweeping analysis assessing the current ... Exchange researchers conclude that there remains considerable room ... all age groups, but especially for adolescents and young ... diabetes treatment, underscoring the need to address barriers to ... help type 1 patients achieve optimal metabolic control. ...
(Date:5/22/2015)... SHENZHEN, China , May 22, 2015  China ... the "Company"), a leading retail drugstore chain in ... directly operated stores, today announced the resignation of Mr. ... Officer for personal reasons, effective immediately. Ms. Rebecca ... Officer by the Company,s board of directors, effective immediately. ...
(Date:5/21/2015)... 21, 2015 Research and ... of the "North American Active Wound Care ... (Surgical Wound, & Ulcer), by End-User (In-Patient, & ... report to their offering. ,     (Logo: http://photos.prnewswire.com/prnh/20130307/600769) , ... estimated to grow at a CAGR of 3.1% ...
Breaking Medicine Technology:Study Reveals Poor Disease Control Among Adolescents and Young Adults with Type 1 Diabetes 2Study Reveals Poor Disease Control Among Adolescents and Young Adults with Type 1 Diabetes 3Study Reveals Poor Disease Control Among Adolescents and Young Adults with Type 1 Diabetes 4Study Reveals Poor Disease Control Among Adolescents and Young Adults with Type 1 Diabetes 5China Nepstar Chain Drugstore Ltd. Announces Management Change and New Director Appointment 2China Nepstar Chain Drugstore Ltd. Announces Management Change and New Director Appointment 3North American Active Wound Care Market 2015-2019 with Smith and Nephew, Molyncke HealthCare & ConvaTec Dominating 2
... 2012  Nephros, Inc. (OTC Bulletin Board: NEPH ... products for therapeutic applications, infection control, and water purification, ... Houghton has been appointed as President and Chief Executive ... appointed to the board of directors of Nephros.  Effective ...
... MATILDA, Penn., April 23, 2012 QBC Diagnostics, ... diagnostics equipment, announced today that the company has ... Schedule 66 Contract for Scientific Equipment and Services. ... 66 Contract provides federal agencies with scientific instruments ...
Cached Medicine Technology:Nephros Appoints John C. Houghton as President and Chief Executive Officer 2Nephros Appoints John C. Houghton as President and Chief Executive Officer 3Nephros Appoints John C. Houghton as President and Chief Executive Officer 4Nephros Appoints John C. Houghton as President and Chief Executive Officer 5QBC Diagnostics Awarded GSA Contract 2
... tip, the Finntip Wide is designed especially ... like genomic DNA. This tip eliminates the ... is excellent for use with extremely viscous ... diameter of the orifice is 1.1 mm ...
... to optimize the accuracy and precision of ... is widely recognized by customers throughout the ... over the years and now covers a ... including filter tips, certified pure tips, stepper ...
MBP's 200 ul large orifice tip is perfect for handling fragile cells, viscous samples and genomic....
... use: when presented in convenient, steady, ... to pick up directly from the ... 96 tips are loaded without manual ... a security sticker. Fully autoclavable, Tipacks ...
Medicine Products: