Healthcare has become one of India’s largest sectors - both in terms of revenue and employment. Healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment. The Indian healthcare sector is growing at a brisk pace due to its strengthening coverage, services and increasing expenditure by public as well private players.
India's competitive advantage lies in its large pool of well-trained medical professionals. India is also cost competitive compared to its peers in Asia and Western countries. The cost of surgery in India is about one-tenth of that in the US or Western Europe.
The hospital and diagnostic centers attracted Foreign Direct Investment (FDI) worth US$ 3.59 billion between April 2000 and March 2017, according to data released by the Department of Industrial Policy and Promotion (DIPP).
India's universal health plan that aims to offer guaranteed benefits to a sixth of the world's population will cost an estimated Rupees 1.6 trillion (US$ 23.72 billion) over the next four years.
India is a land full of opportunities for players in the medical devices industry. The country has also become one of the leading destinations for high-end diagnostic services with tremendous capital investment for advanced diagnostic facilities, thus catering to a greater proportion of population. Besides, Indian medical service consumers have become more conscious towards their healthcare upkeep.
India's competitive advantage also lies in the increased success rate of Indian companies in getting Abbreviated New Drug Application (ANDA) approvals. India also offers vast opportunities in R&D as well as medical tourism. To sum up, there are vast opportunities for investment in healthcare infrastructure in both urban and rural India
Growing relevance and role of India amongst South Asian Countries is now at centre stage. Healthcare challenges in the Region represent resemblance with the issues & constraints in Indian healthcare sector. Historically, we have a strong trade and business relationship with South Asian countries, and now it is opportune time we should replicate this success in healthcare. India can take a leadership position in strengthening the healthcare systems in South Asian countries, and also maximize the benefits of medical value travel originating from these countries. Medical visa for SAARC patients will bolster India’s growing medical value travel industry. Demand for quality high end care amongst South Asian nations is growing significantly and streamlining the travel process for patients will boost economic development. Technical cooperation in the areas of Medical Technology, Knowledge Sharing, Skill Building, Research, Disease control programs and private sector development could be further strengthened & expanded.
Conference will focus on
Healthcare stakeholders have special place in Global exhibition on Services – 2017 and chance to show how they are contributing to the Government’s flagship event on services
- Developing Business relationship with South Asian countries
- Medical value travel originating from South Asia on Indian Healthcare sector
- Global Thought Leaders from Government and Industry
- Well thought-out agenda
- Unparalleled Networking with International Promotors, Agents and Buyers
- Separate Healthcare pavilion
- B2B Meetings with International Promotors, Agents and Buyers
- Productive sessions
- Extensive Visibility
- Platform to showcase
- New innovations
- Networking Lunch
Who Should Attend
- MD/ CEOs/ Directors of Healthcare Organizations
- Public & Private Hospitals
- Nursing Homes
- Companies dealing with medical equipment & devices
- Pharma Companies
- IT Companies
- Medical Associations/ Institutes
- Diagnostic Laboratories
- Other Healthcare Organizations
- Architects and Engineers associated with hospital planning
- Foreign missions of various countries
For any further information please contact:
Mr Vikas Chopra
Tel: +91 7011204670, 9999192571