Industry insights

Find out the latest information on the Indian healthcare market by reading our market insight reports below.

2019 Healthcare market insights for India

General healthcare:
The Indian healthcare sector is growing at a brisk pace due to its increasing coverage and expenditure as well as improved services by public and private players.

India’s competitive advantage lies in its large pool of well-trained medical professionals, and is competitive in cost compared to its peers in Asian and Western countries.

Foreign Direct Investment: doing business in India

During the last decade, the Indian government has introduced a number of significant economic reforms measures to invigorate the economy. Today, India is a part of Top 100 Club on Ease of Doing Business (EoDB) and globally ranks 77th out of 190 nations.

India received foreign direct investments worth of US$ 42 billion in 2018, according to the United Nations.

Top 5 countries for import and export of medical devices

With the liberalising of government policies, up to 100% Foreign Direct Investment (FDI) is permitted in medical devices through the automatic route.

Apart from India, there are a range of Medical Device Clusters that have emerged due to supportive state-level policies as well as the availability of skilled labour. The top five countries from where medical devices were imported included the US, Germany, and China, as well as the Netherlands and Singapore

Digital Healthcare in India

According to the Future Health Index (FHI) 2019 report, India isleading in the adoption of digital health technology with 76%of healthcare professionals in the country already using digital health records (DHRs) in their practice.

The report also confirms that digital health technology is a pivotal pillar in delivering value-based care across the healthcare continuum in India.

Building an AI-First Organization

AI is poised to lead the next wave of exponential change disrupting health care and other industries through mobilizing analytics and automation to deliver empathetic, personalized experiences.

Dr. Reddy’s Laboratories to acquire select business divisions of Wockhardt in India

​​The business comprises of a portfolio of 62 brands in multiple therapy areas such as Respiratory, Neurology, VMS, Dermatology, Gastroenterology, Pain and Vaccines, which would transfer to Dr. Reddy’s along with related sales and marketing teams.

India’s eHealth market to touch $16 billion over the next five years

​​The growth will be driven by a massive influx of customers availing of online healthcare services, according to the report titled ‘Indian eHealth at a tipping point’.

Medical Value Travel in India - Challenges & The Way Forward

Medical Value Travel is gaining strategic importance given its ability to create employment, encourage cultural exchanges, improve positioning of the country by projecting its ‘soft power’ and earn foreign exchange for respective countries.

AIIMS offers Delhi’s first lung transplant

AIIMS, which pioneered heart transplants in India, has now decided to conduct lung transplants too — making it the first hospital in the capital and the second public institution in the country to offer the procedure after PGIMER, Chandigarh.

Guaranteeing healthcare, the Brazilian way

Both Brazil and India are composed of large States with a reasonable degree of administrative autonomy. This fact implies great challenges and opportunities. As Brazilian President Jair Bolsonaro visits New Delhi this Republic Day, one interesting field of cooperation to explore in the strategic partnership is healthcare.

Next-gen radiation therapy for cancer patients now in India

Indraprastha Apollo Hospital in New Delhi on Friday launched the most advanced version of TomoTherapy Radixact X9, the smartest radiation therapy to treat the most complicated cancer tumours.

Jaipur hospital saves two heart patients with new technology

Doctors at private hospital in Jaipur, India saved the life of a heart failure patient by connecting the pacemaker’s wire to the heart wire. At the same time, in another case, without performing open heart surgery, they succeeded in changing two valves simultaneously using latest technology.

Cancer: AI can make up for lack of doctors, says expert

Using artificial intelligence for diagnosis and telemedicine services for treatment along with Ayushman Bharath programme will improve cancer diagnosis and treatment outcomes in India, which is reeling under a shortage of doctors, said WHO chief scientist Dr Soumya Swaminathan.

Mega reforms in medical education sector, highlights of 2019

The enactment of two key legislations, one aimed at ushering in mega reforms in the medical education sector and the other banning e-cigarettes were the major highlights of the Health Ministry in the outgoing year.

AI can detect blood cancer with high reliability

Artificial Intelligence can help detect one of the most common forms of blood cancer - acute myeloid leukaemia (AML) - with high reliability, new research has found.

Price of diabetes drug to halve soon as cheap versions of top drug to hit market

The domestic pharmaceutical market is abuzz with news of over 15-20 companies launching generic versions of the widely-prescribed anti-diabetic drug Vildagliptin, with its price expected to crash by half.

Autopsies conducted in virtual reality?

The ICMR and AIIMS have studied global practices and taken up this project for “dignified management of dead body,” Vardhan said, adding that family members of the deceased feel uncomfortable with the traditional way of postmortem. To this end, the technique would allow for analysis of the body without any dissection at all.

DHA, India’s Apollo Hospitals in health care pact

India’s Apollo Hospitals Group has signed a memorandum of understanding (MoU) with Dubai Health Authority (DHA) to explore collaboration opportunities in the field of healthcare and healthcare technology.

Digital Health: Invest in innovations

Digital health can revolutionise the way India deals with healthcare delivery by not just helping in preventive management, but by also playing a catalytic role in the entire continuum of care from tracking data to preventing an epidemic through ensuring timely medical intervention.

Technology on the brink of revolutionizing Indian healthcare

The healthcare industry, being one of the most important and complex industries, is undergoing rapid transformation with the announcement of new government policies, competencies, and procedures. The prime focus in the last three decades has been on improving healthcare delivery, provide quality treatment, better disease management, with cutting-edge technological solutions.

India Health Exhibition launches to facilitate growth in India’s US$372 bn healthcare market

Informa Markets, the largest international exhibitions organiser, are gearing up to launch India Health Exhibition from April 14-16, 2020. This comes in response to the global industry’s desire to develop business within one of the world’s fastest growing markets. The show will host a unique combination of a full-scale exhibition along with a diverse range of educational conferences that are run in partnership with leading local associations.

India courts private hospitals to boost insurance program

India will offer incentives to private hospitals to take part in the government’s health insurance program, potentially the biggest of its kind in the world, a senior government official told Reuters.

IoT Technology Is Changing Healthcare, But Not Without Risk

Modern-day healthcare is being revolutionized by technological innovations in Internet of Things (IoT) devices including wearable, portable, and implantable devices. These devices have been essential to improving patient care.

Healthcare becoming costlier in developed countries: report

India's medical tourism industry could grow by 200% by 2020, hitting US$ 9 billion, according to Ministry of Tourism figures. In 2015, India ranked as the third most popular destination for medical tourism, when the industry was worth US$ 3 billion.

Identifying gaps in hospital IT infrastructure

Experts have identified three areas where today’s hospitals can benefit from increased attention and investment in their IT infrastructure.

Considering e-patients in the age of digital consumerism

Modern e-health innovators are providing online solutions that address the quality of information and tools patients use.

Entirely new healthcare models offer global investment opportunity in telemedicine

More opportunities with a corresponding rise in entirely new healthcare models are presenting themselves. One of the most transformative new treatment models is asynchronous care.

Telerehabilitation in resource constrained countries

While telemedicine offers great opportunities to healthcare in general and for rehabilitation services, it could be particularly beneficial for resource constrained countries.

Factsheet and Overview

With India aiming to become a US$ 5 trillion economy by 2024/25, the investment climate in the country has improved considerably since the opening up of the economy in 1991. During the last decade, the Indian government has introduced a number of significant economic reforms measures to invigorate the economy.

FDI Entry Routes Into India

Invest India outlines the procedure for applying for FDI through the government route. The first step involves filling in an online proposal for investment on the Foreign Investment Facilitation Portal.

Opportunities for FDI In Indian Healthcare Industry

With an ageing population and life expectancy to cross 70 years by 2022, there is a need for home-based healthcare devices. According to the United Nations, India’s population is set to touch 1.45 billion by 2028, making it the world’s most populous nation.

Role of FDI and The Growth of Medical Tourism

India's medical tourism industry could grow by 200% by 2020, hitting US$ 9 billion, according to Ministry of Tourism figures. In 2015, India ranked as the third most popular destination for medical tourism, when the industry was worth US$ 3 billion.