16-Oct-16 A combination of poor last-mile healthcare delivery and access to technology has made telemedicine a strong growth story in the healthcare industry. However, telemedicine will not provide an alternative to brick-and-mortar healthcare service providers in the long-run. “People may not have potable water or toilets, but they do have a smartphone," said Amit Varma, Managing Partner at Quadria Capital. [image: The Hindu]

16-Oct-16 Hospitals in India are increasingly attracting foreign patients, boosting the country as a medical tourism hub. The number of patients visiting India for treatment has been growing by 23-25 percent annually. While patients are coming from 125 countries, a majority are coming from Africa, Gulf and CIS countries for heart, cancer, HIV and other life-threatening diseases, and organ transplants. [image: The Hindu Business Line]

14-Oct-16 As the Indian government reviews an overhaul of the drug regulatory process, rules related to clinical trials may be further eased and timelines for approvals shortened to 4-6 months from around 6-8 months now. [image: The Economic Times]

06-Oct-16 The medical value travel (MVT) industry is a fast growing segment of India's tourism industry, worth USD3 bn with 15% CAGR. However there is significant potential for accelerated growth. While 11 mn people travelled to seek treatment in 2015, only 500,000 travelled to India. MVT could reach USD9 bn by 2020 and establish India as ‘The provider to the world’. [image: DNA]

05-Oct-16 Giving a push to local production of high-end medical equipment, the Indian government has given its nod to sub-lease over 300 acres of land in Chennai for the country's first medical devices manufacturing park. The project will reduce the dependence on imports and create a strong base for domestic industry by providing access to state-of-the-art infrastructure. [image: PTI]