Search Result for : Healthcare Industry

The Dollar Business Bureau Indian healthcare market is expected to increase threefold to touch $372 billion by 2022, registering a growth of 22% annually, according to a study. “India’s healthcare market may see threefold rise as its size in value terms is likely to reach $372 billion by 2022 from the level of $110 billion as of 2016 thereby clocking a compounded annual growth rate (CAGR) of 22%, said a statement by ASSOCHAM on Sunday. The findings are based on a paper on ‘Indian Healthcare Sector - An Overview’, jointly prepared by ASSOCHAM and the research firm RNCOS. On the reasons for the likely growth, the paper noted that increasing demand for affordable healthcare delivery system in India due to rising healthcare costs, growing ...

Throughout her career, Vanitha has seen ups and downs, but has learnt to pick the positive lessons from the journey, which is why she has experienced success as the Executive Director & CFO of India’s first Analytical Instrumentation company. Sai Nikesh | March 2016 Issue | The Dollar Business Vanitha Datla, Executive Director & CFO, Elico Ltd. Having overcome hurdles and hard times, Vanitha Datla now stands tall as the Executive Director and CFO of the 50-year-old ELICO Ltd., a pioneer in the Analytical Instruments industry and an industry leader in India in terms of technology, market share and products. According to her, the last 20 odd years of her career have been a rollercoaster ride. "I have witnessed many ups and downs, ...

Startups should make better utilization of Biotechnology Industry Research Assistance Council (BIRAC), set up by Government of India to encourage start-ups by means of mentoring and financial support, say experts Sai Nikesh | The Dollar Business Panelists of 'Collaboration models (Industry-Academia & Industry-Industry and beyond) discussion, on the second day of BioAsia 2016 in Hyderabad on Tuesday   Aided by a large number of scientists, researchers as well as governmental measures in terms of a comprehensive intellectual property rights (IPR) policy, Make in India, financial assistance programmes, and regulatory reforms, Indian life sciences industry is expected to see a brighter prospect in the near future, say experts. Taking note of the optimism within the industry, the Pharma Export Promotion Council (Pharmexcil) along with KPMG ...

Keeping in mind the possibility of giving a ubiquitous healthcare system, the government has emphasised the need to enable healthcare system through digital technology Deepak Kumar | The Dollar Business Presently, the government spends only 4.3% of its total expenditure on health which is 3.8% of GDP   Indian healthcare industry is likely to grow at 12% to reach $139 billion by 2017, and the country would need capital investment of Rs. 1.62 lakh crore to cater to the growing needs of its people, says a PwC report. Health represents 12.4% of GDP in Organisation for Economic Cooperation and Development (OECD) countries. However in India, it is only 4%. Medicines constitute the highest share in consumer expenditure about 64% in public and 34% in ...