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Indian healthcare has potential for exponential growth: Imprimis Life

“With global revenues of an estimated $2.8 trillion, the healthcare industry is the world's largest industry. The Indian healthcare industry has the potential to show the same exponential growth that the software and pharmaceutical industries have shown in the past decade. We at Imprimis being a pioneer in healthcare communications understand the growing competition and the importance of research to ensure the effective use of resources for the development of the healthcare sector,” Aman Gupta, CEO, Imprimis Life Pvt Ltd.

Imprimis Life, India’s leading dedicated healthcare and Life sciences specialist, released an indigenous in-depth study analysis on “The Healthcare Scenario of the Southeast Asia.” The research was aimed at underlining the medical advantages that the Southeast Asian countries exhibit in comparison to the monetary disadvantages the West is struggling to overcome.

The research is a comparative analysis of the five Southeast Asian countries namely India, Malaysia, Singapore, Indonesia and Thailand. The study gives a comprehensive break up of the market scenario of the five potential nations, individually highlighting their strengths and weakness.

Propelled by health conscious people and escalating medical costs the West is looking towards East for medical support. Southeast countries with their indigenous advantages of supreme medical treatment with low cost production and skilled workforce have emerged as the hot seats for medical tourism of the world.

While a heart surgery costs $30,000 in the US, it costs $6,000 in Southeast Asia. Similarly, a bone marrow transplant costs $26,000 here compared to $250,000 in the US, this disparity in cost difference has leveraged Southeast Asia as a competitive strength to promote medical tourism.

India as a healthcare hub is growing 30% annually and has a potential to attract over a million tourists per annum, augmenting its economic growth. India is also fast moving towards adopting international standards like accreditation of hospitals, providing the state-of-art healthcare facilities at far lesser prices compared to its western counterparts.

(Source: www.indiainfochange.com )


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