Medical equipment sales in India continue to reach new heights, driven by increased demand for healthcare services. This demand is driven in turn by rising middle-class incomes and increased health consciousness among India’s people. In response, the public healthcare sector is improving... Read More
The US Trade Development Agency (TDA) estimates that developing countries in Asia will spend over $6 billion on healthcare technology over the next five years. There are at least 25 large-scale healthcare technology projects either underway or on the drawing board in... Read More
Despite sluggish economies in some countries, Asia still represents future growth opportunities in healthcare products. Over the next 20 years, Asian healthcare markets are expected to grow at a rate two and a half times that of the West. A rising standard... Read More
In India, the major sources for pharmaceutical regulation are the Drugs and Cosmetics Act of 1940 (DCA) and the Drugs and Cosmetics Rules (DCR). This legislation applies to the whole of India and all products, whether imported or made in India. The... Read More
Recovering economies throughout Asia offer promising markets for foreign medical device firms as well as opportunities for local product development and manufacturing. Before the Asian financial crisis, regional medical device markets grew at double-digit rates. Patients wanted the technologically innovative, cost-effective devices... Read More
This article discusses some of the major issues facing foreign pharmaceutical companies looking to invest in the Indian market. India's pharmaceutical sector continues to grow at an annual rate of 15%-20%, and currently its pharmaceutical market is ninth in the world. Despite... Read More
As Gross Domestic Product (GDP) numbers soar in Asia, governments are eagerly spending more money on health and medical-related devices, further opening up medical markets to international investment. Foreign medical technology firms investing in Asian markets are experiencing rapid success by manufacturing... Read More
Despite a burgeoning population exceeding 1 billion, India's government is aiming to protect its citizens by providing quality medical care to all Indians, including those living in rural areas. This national priority will require increased numbers of imported medical device equipment, which... Read More
This article provides information on the growing possibilities of the Indian medical market in the coming years. India's increasing affluent middle class, the public versus private hospital question, growing rates of cancer and other deadly diseases, and local agreements between foreign device... Read More