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India has emerged as a global leader in the Medical Value Travel (MVT) industry, drawing a larger number of international patients annually. With its unique combination of affordability, advanced medical technology, and world-class healthcare facilities, the country has positioned itself as a beacon of hope for those seeking high-quality treatments.
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The Goods and Services Tax (GST) levied on healthcare and life insurance services has played a pivotal role in India’s economy. According to Minister of State for Finance Pankaj Chaudhary, over Rs 16,000 crore was collected from healthcare and life insurance services in FY24, including Rs 8,135 crore from life insurance and Rs 8,263 crore from health insurance.
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KPMG in India, in collaboration with the Federation of Indian Chambers of Commerce & Industry (FICCI), has unveiled a landmark report titled Strengthening Postgraduate Medical Education in India.
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The Indian biochemistry instruments market is witnessing remarkable growth, fueled by advancements in diagnostics, rising healthcare investments, and a growing focus on precision medicine.
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Robotic surgery has seen significant growth globally, with India emerging as a key player. Following the US FDA approval of the da Vinci system in 2000, India saw its first robotic installation at the All India Institute of Medical Sciences (AIIMS) in New Delhi in 2006. Since then, the adoption of robotic surgery in India has grown exponentially.
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In a recent interview, Dr. Jayanti Thumsi, a leading robotic breast surgeon at Apollo Cancer Centre in Bangalore, shed light on the significance of this groundbreaking technique.
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The Indian medical devices sector is seeing a surge in private equity (PE) investments, driven by promising opportunities and a rapidly expanding market. Since 2017, there have been about 59 PE transactions in this space, with deals increasing by 3.3 times compared to pre-COVID-19 levels.
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In a world where technologies in healthcare are rapidly evolving, Japan-based Terumo, aims to push boundaries. As a global player in medical devices and solutions, Terumo’s focus on innovation and patient care has allowed the company to expand its footprint globally, including in India.
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A study commissioned by the World Wildlife Fund estimated that the average person ingests around 5 grams of plastic each week, which is equivalent of a credit card's weight.
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The primary aim of acquisition is to expand into high-entry barrier and super-specialty segments, particularly in women's health and fertility, where BSV has a strong presence
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