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Israel-India Business Guide - MedTech, Pharma & Biotech
across North Indiain the cities of Delhi, Noida, Mohali,
Amritsar, Faridabad, Raipur, and Srinagar.
Max Healthcare:
This is a fully owned subsidiary of the
highly diversified MaxGroup, with a chain of clinics and
hospitals with a bed capacity of 1200. On anaverage,
Max Healthcare treats 30,000 patients every month, with
200 newpatients visiting the facilities every day. It has
collaborated with Singapore General Hospital in the areas
of medical practices, nursing, paramedical research and
training.
Wockhardt:
This is among India’s leading pharmaceutical
and healthcare companies. Since inception in 1989,
the Wockhardt Hospital & Heart Institute hasbecome a
renowned tertiary level heart centre providing cardiac
care to patients of all age groups. It is the first recognized
hospital in South Asia on theworldwide panel of Blue
Cross blue Shield, the largest provider of healthinsurance
in USA. It has approximately 10 hospitals with 1,500 beds.
It has entered into Public-Private Partnership with the
Government of Gujarat to manage the 275-bed Palanpur
Civil General Hospital in Gujarat.
ManipalHealthSystems:
Itschainconsistsofapproximately
9 primary centers at7 rural locations, 8 secondary hospitals
at urban and semi-urban locations and 3tertiary hospitals
at urban and semi-urban locations.
Aravind Eye Hospital:
The single largest provider ofeye
surgery in the world. More than 2 million outpatients
and250,000 cataract surgeries are performed. These are
performed at a fraction of the cost as compared to US.
Foreign collaboration in the Indian Healthcare
sector:
Since liberalization in 1991, a growing number of Indian
companies have formedalliances with foreign firms. The
following are some of such alliances:
• Wockhardt collaborated - Harvard Medical International
Inc. USA
• Fortis Healthcare - Partners Healthcare System, USA
• Birla Heart & Research Centre - Cleveland Clinic
Foundation, USA
• Max Healthcare - Singapore General Hospital
• Apollo-Gleneagles Hospitals Ltd. A joint ventures
between Apollo Hospitals Ltd and Parkway Group of
Singapore
• Apollo Hospitals - Yemen’s Hayel Saeed Anam Group
Foreign players in India:
• The US-based Atlas Medical Software, which specializes
in developing software solutions for the healthcare
industry, has set up its operations in India.
• Bayer Diagnostics, one of the largest diagnostic
businesses in the world.
• GE-BEL, a joint venture between General Electricals and
Bharat Electronics Limited is the only manufacturer of
X-ray and CT tubes in South Asia.
• UK-based Isoft Group plc (iSOFT), one of the world’s
leading suppliers of application systems for hospitals
and healthcare organizations.
• Phillip sells about US$ 43-49 million worth of medical
systems in India.
• The US-based healthcare products major, Proton Health
Care is making an entry into India with its range of digital
health monitoring devices.
• Siemens is a leadingmanufacturer ofmedical equipment
with a market share of more than 30 per cent in India.
• Wipro GE Medical Systems, a joint venture between GE
Medical Systems andWipro Corporation, is India’s largest
medical systems sales and service provider
S
NO
Sector
Estimated
Size
(Rs billion)
Growth
rate
1 Hospitals/Nursing
Homes
540
20%
2 Medical Equipment
90
15%
3 Clinical Lab Diagnostics 90
30%
4 Imaging Diagnostics
45
30%
5 Other Services
(includes Training &
Education; Aesthetics
& Weight loss; Retail
Pharmacy, etc.)
90
40%
6 Health Insurance
346.50
7 Medical Tourism 95
30%
India’s Healthcare Sector
*
The Author is a Director of Market Intelligence in
ASA & Associates LLP
,
www.asa.inMedTech