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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Prime Minister Narendra Modi has launched an expanded version of the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), extending healthcare coverage to all senior citizens aged 70 and above, irrespective of socio-economic status. The scheme provides a benefit cover of Rs 5 lakh per year, applicable at empaneled hospitals throughout the country.
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Ramaiah Memorial Hospital has inaugurated its new, state-of-the-art Ramaiah Stroke Center. This 24/7 multidisciplinary stroke management unit, complete with a Neurointensive Care Unit, is designed to deliver immediate and comprehensive stroke care to patients across the region.
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India has made substantial strides in reducing tuberculosis (TB) incidence, achieving a notable 17.7 Per cent drop from 237 cases per lakh population in 2015 to 195 in 2023, as revealed in the World Health Organisation’s (WHO) Global TB Report 2024, released on October 29.
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