Ayurveda market size seen at $8 billion by 2020

Emphasising that Ayurveda will provide affordable healthcare, Union Minister for State for AYUSH Shripad Yesso Naik on Monday said a three-fold increase in market size of Ayurvedic products from $2.5 billion to $8 billion is expected by 2022. Addressing an “Ayurveda Conclave” here, Naik said: “Ayurveda is witnessing a resurgence in India and around the globe. It advocates preventive healthcare…

Rate this:

U.S. pressing India to avoid capping medical device prices, allow withdrawals

The United States is pressing India not to extend price caps on medical devices and wants New Delhi to allow firms to withdraw products from the market if they do not wish to sell at government determined rates, a U.S. trade official told Reuters. Indian Prime Minister Narendra Modi’s government has in recent months slashed prices of medical…

Rate this:

This device aims to tackle ventilator-associated pneumonia

Nachiket Deval , a National Institute of Design graduate, had always wanted to make a medical device that would be of use to the masses. He also tried to make one for his thesis project. The natural progression for Deval was to start a company after a few stints in a couple of design and engineering jobs. But…

Rate this:

Price caps hurting healthcare industry, says Preetha Reddy

The National Pharmaceutical Pricing Authority’s decision to cut prices of stents and knee implants is hurting the healthcare industry, prompting investors to pull out, Preetha Reddy of the Apollo Hospital Group told ET in an interview. The vice-chairperson of India’s largest hospital chain highlighted concerns that the public perception gaining ground -of an industry run by bandits -has led policymakers to…

Rate this:

Indian Health Industry Profile Update- July 2017

Healthcare has become one of India’s largest sectors both in terms of revenue & employment. The industry is growing at a tremendous pace owing to its strengthening coverage, services and increasing expenditure by public as well private players During 2008-20, the market is expected to record a CAGR of 16.5 per cent The total industry…

Rate this:

Medical camera makes light work of seeing through the body

Scientists have developed a camera that can see through the human body. The camera is designed to help doctors track medical tools known as endoscopes that are used to investigate a range of internal conditions. The new device is able to detect sources of light inside the body, such as the illuminated tip of the endoscope’s long…

Rate this:

After stents, Indian Govt. to cap prices on Orthopedic knee implants

NPPA’s preliminary analysis of common components used in knee implants shows profit margins for distributors and importers can be as high as 135%. After slashing the prices of cardiac stents by over 150 per cent the National Pharmaceutical Pricing Authority (NPPA) is all set to bring in price capping for orthopedic knee implants. In a…

Rate this:

Paras Healthcare raises Rs 275 cr to strengthen its footprint in North India

Gurgaon-based healthcare provider Paras Healthcare has raised Rs 275 crore to focus on strengthening its footprint in North India. The fund was raised through the private equity firm Creador and will be used by the North India-focused healthcare chain to achieve its expansion plans and supporting the existing units for capacity expansion. Gurgaon-based healthcare provider…

Rate this:

Nation’s biggest medical devices park gets rolling

Telangana on Saturday set the ball rolling for what is touted as the country’s largest dedicated medical devices park. KT Rama Rao, minister for industries and commerce, IT E&C, MA&UD and public enterprises, inaugurated the 250-acre park on the city’s outskirts at Sultanpur in Patancheru of Sangareddy district. Fourteen companies, including the likes of Apollo Hospitals, Cyient Limited,…

Rate this:

Will GST mitigate the cascading effects of multiple taxes on healthcare ?

In India, the healthcare sector has grown magnanimously since the last century. Today, the contribution of healthcare to the country’s Gross Domestic Product (GDP) is pegged at 5 per cent. From USD 80 billion in 2012, the healthcare sector is expected to reach USD 150 billion by 2020. Government reforms have played a prominent role in encouraging…

Rate this:

Healthcare spending to grow at 16 per cent a year, touch Rs 19 trillion by 2020

Demand for healthcare in India is growing significantly. Increased awareness of healthcare drivers and better lifestyle choices – along with vastly improved pharmacological treatment of chronic diseases and higher standards of living – are dramatically extending the life expectancy of Indians in urban areas. Consequently, citizens expect more and better healthcare options as access to…

Rate this:

Domestic med devices hit by cheap imports

The domestic medical devices industry seems to be facing a double whammy .On the one hand, the industry -which offers cardiac stents, electro-cardiograms, ultrasound machines, heart valves and newborn screening kits -is facing an onslaught of low-priced Chinese imports. On the other, it is being beaten by restrictive conditions on “perceived quality“ in government and…

Rate this:

Modi’s generics-only drugs plan worries health experts, Indian pharma sector

India’s plan to bring in a law to ensure doctors prescribe medicines only by their generic names risks proliferating the sale of substandard drugs in a country where regulation is already lax, doctors and pharmaceutical executives say. Prime Minister Narendra Modi said last month that the government was looking at such a law to improve affordability of medicines in…

Rate this:

First public sector stem cell bank to come up at KGMU

In what may come as a relief to over 1 lakh patients of thalassemia in India, a public sector stem cell bank is set to come up at UP’s King George’s Medical University here. A project of the university’s transfusion medicine department, the stem cell bank would roll out stem cell therapy to patients of thalassemia and sickle cell anaemia. The proposal is awaiting clearance…

Rate this:

The exercise pill is here: Burn fat without undergoing fitness training (Video)

For those, who cannot undergo fitness training, ‘exercise pill’ may work as magic for them! A study says, the prospect of an ‘exercise pill’ can be life-changing for people, who don’t work out because of obesity or serious physical disabilities. Hopes for such a pill emerged from scientists who found that an experimental drug allowed mice to run…

Rate this:

Govt cracks whip, no stent can be withdrawn for now

The government has invoked special powers under the law to prohibit stent makers from withdrawing their products from the market for the next six months. Am id reports that several manufacturers, including Abbott and Medtronics, are seeking to withdraw premium, high-priced stents from the Indian market on account of the price cap imposed by National Pharmaceutical Pricing Authority (NPPA), the…

Rate this:

European biliary and pancreatic stents market to hit $84 million by 2023

The European pancreatic and biliary stents market, which covers 21 major markets, is set to grow from $60.5 million in 2016 to around $84 million by 2023, representing a compound annual growth rate of 4.8%, according to research and consulting firm GlobalData. The company’s latest report states that key drivers of the market include increased cancer rates and…

Rate this:

Promoting Skill Development and Medical Staff Safety to strengthen healthcare systems

India embarked on its health reform journey a decade ago. A need to address the ever-growing disease burden for a geographically and economically diverse population was recognised in the eleventh and twelfth Five Year Plan, with a host of initiatives and programmes at the onset. The private sector too pledged its participation. However, the current healthcare profile…

Rate this:

Higher Heart Disease Risk for Disadvantaged Women than Men

Women from low socioeconomic strata are 25 percent more likely to suffer a heart attack than disadvantaged men, according to a new study published in Journal of Epidemiology and Community Health. The results highlight the need for tailored interventions for women to address the gender gap and deliver the best possible care.     Researchers…

Rate this:

Which Vitamins are Good for Dry Eyes?

Dry eye syndrome is a common condition that occurs when the eyes do not make enough tears, or if the tears vanish too quickly. There are many treatments for dry eyes. Can vitamins help prevent or treat dry eyes? We find out.   If an individual has a healthy balanced diet, they should be able…

Rate this:

Fertility Preservation for Cancer Patients: Options for Men and Women

  In fertility preservation, reproductive tissues are saved, so that a person may have a child in the future. It usually involves freezing and storing eggs, sperm, or embryos, although other methods may be employed.   Men and women can preserve their fertility if they wish to delay parenthood, or if they are undergoing treatment…

Rate this:

Freezing As Healing: Inside The Cryotherapy Craze

  The latest rage among celebrities seeking the fountain of youth involves freezing. Cryotherapy began with the use of low temperatures in medicine to eradicate diseased or unwanted tissue, such as moles or skin tags. That’s not what the stars are seeking. Instead, they flock to cryotherapy treatment for its purported ability to burn calories,…

Rate this:

What is COPD? What causes Chronic Obstructive Pulmonary Disease?

  COPD – short for chronic obstructive pulmonary disease – is a chronic lung condition that is usually associated with tobacco smoking.   COPD is a collection of separate lung conditions – usually both chronic bronchitis and emphysema – which cause airflow limitation, i.e. difficulty breathing.1-4   Contents of this article:   COPD facts, statistics…

Rate this:

Baking Soda for Acid Reflux: Does it Work?

Acid reflux occurs when some of the acid in the stomach flows back up into the food pipe, or esophagus. The acid irritates the lining of the food pipe and a person may experience a burning sensation in the chest, known as heartburn. A person with acid reflux might also have a sour taste in…

Rate this:

7 Acupressure Points for Your Feet to Remove Stress, Headaches and More

Acupressure is a technique where practitioners use their fingers, palms, elbows or feet, or special devices to apply pressure to various essential points of our body. Sometimes, acupressure also involves stretching or massaging, as well as other methods. According to American Academy of Medical Acupuncture, the goal of acupressure or other types of Asian bodywork…

Rate this:

Long-Sought ‘Attack’ Signal in Type 1 Diabetes Identified

  In Type 1 Diabetes, the immune system attacks the beta cells, the insulin producing cells that reside in the islets of Langerhans region of the pancreas   In people with type 1 diabetes, the body wages a ruthless campaign of destruction against certain cells in the pancreas because it mistakes them for foreign invaders….

Rate this:

Top 5 Retracted Science Studies of 2016

  Publish or perish: That’s the mantra among academics. The pressure on researchers to publish new studies, however, may have turned this saying into “publish and perish,” as more than 650 scientific papers were retracted in 2016, jeopardizing the integrity of scientists, and threatening the public’s trust in their work.   Misconduct accounts for the…

Rate this: