Medical Technology India 2009


Location: NEW DELHI, DELHI, India

Event Date/Time: Jan 09, 2009 End Date/Time: Jan 11, 2009
Abstract Submission Date: Dec 20, 2008
Paper Submission Date: Dec 20, 2008
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The Indian healthcare sector is booming and has emerged as one of the largest service sectors in India. It is growing further with a fast pace. Healthcare spending in India is expected to rise by 12% per annum. An estimate suggests that by 2012 healthcare spending could contribute 8% of GDP and employ around 9 million people. Rising incomes and growing literacy are likely to drive higher per capita expenditure on healthcare. The increase in healthcare spending has paved the ways for the demand of better health care and emergency medical services. The new generation is looking forward to get the best of medical and emergency services. In a country like India, where life quotient is very low and the probabilities of accidents and emergencies are high, complete new and rapid medical emergency services are highly demanded. In western countries, the era of air ambulances and highly equipped emergency medical transport has come long ago. In our country as well these services are not very far away.
Over the past few years medical tourism has gained momentum in India. An increase in the number of patients from developed countries getting quality health services for less than half the price is making India a popular medical tourist hub in Asia. In 2004, approximately 1,80,000 patients from around the world arrived in India for medical treatment. It is predicted that medical tourism will grow into a 2 billion US$ (dollar) business by 2012.
Over the last five years, the Indian pathology industry has been growing at an estimated compound annual growth rate of 20% per annum. Most of the renowned path labs are expanding globally and venturing into the international market by signing outsourcing contracts with European hospitals for pathological services. Outsourcing of pathology and laboratory tests by foreign hospital chains is becoming a huge opportunity because of the high cost differential in India
Medical Technology India 2009
Medical Industry is the fastest growing service sector in the country. India is seeing a great transition in medical field with all existing and new hospitals following the international trend of procuring the modern technology. Medical Technology India 2009 is an initiative of bringing in providers of medical equipment, products and machinery from world over to transfer knowledge and share technology with Indian Medical Industry.



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