Asia's diagnostic imaging market is growing faster than in any other global region. It is expanding at an annual rate of 11 percent, compared to just 7 percent in the rest of the world. In 2012, the Asian diagnostic imaging market was... Read More
Nearly ten percent of India's 1.24 billion people suffer from chronic kidney disease (CKD), a disease in which the kidney slowly loses function and fails. One 2013 survey found that more than 15 percent of urban Indians have the disease, with rates... Read More
The largest ever study of kidney disease in India has found that 17 percent of urban Indian residents have chronic kidney disease (CKD). Rates are as high as 47 percent in some cities. Most of the Indians surveyed were unaware they had... Read More
In May 2013, India’s Drug Technical Advisory Board (DTAB) recommended requiring the audio or video recording of informed consent in Indian clinical trials. If approved by lawmakers, the new proposal will be inserted into Schedule Y of the Drugs and Cosmetics Rules.... Read More
Demand for orthopedic devices is surging across Asia, as people there become older and wealthier. Sales of knee implants, hip implants, trauma devices and other orthopedic products have experienced double digit growth since the early 2000s. However, although half of the world's... Read More
In 2007, India’s Department of Pharmaceuticals (DOP) formed the Committee on Price Negotiation for Patented Drugs. In February 2013, the Committee unveiled a new draft drug pricing policy that would affect granting of compulsory licenses for some manufacturers. Currently, compulsory licenses may... Read More
In February 2013, India’s Central Government Health Scheme (CGHS) cut its reimbursement prices for drug-eluting stents (DES) by as much as 60 percent. US FDA approved stents that had been reimbursed at a rate of $1,191 will now be reimbursed at a... Read More
According to a recent report by IMS Research, Asia will soon lead the world in market revenue growth for diagnostic cardiology devices. From now through 2016, revenue from such devices in Asia is set to more than double. World demand will grow... Read More
Of the worlds 371 million people diagnosed with diabetes, nearly 200 million live in Asia. According to the International Diabetes Federation (IDF), those numbers are set to climb dramatically. By 2030, it is estimated that 522 million people worldwide will have diabetes,... Read More
India makes a lot of their own APIs. However, in 2011, India imported $2.9 billion in Active Pharmaceutical Ingredients (APIs). In 2012, India API imports amounted to significantly more at $4.6 billion. Companies have said the steep increase in imports is to... Read More