27 Indian hospital, medical equipment firms in town

Thursday, 14 March 2013 01:18 - - {{hitsCtrl.values.hits}}

A large contingent of twenty-seven hospital and medical equipment manufacturing companies from India are participating in the “Medicare 2013 – National Healthcare Exhibition” being held from 13-15 March 2013 at the BMICH, Colombo.

The Indian companies participating in the Medicare 2013 exhibition are: 1) Dr. Agarwal’s Group of Eye Hospitals, 2) Surya Fertility Centre, 3) VPRD Feather Touch Cure Centre, 4) ARMC IVF Hospital, Kerala (Dr. K.V. Kunjimoideen), 5) Kauvery Hospital-India, 6) Zebra Technologies, 7) P&O International Inc, 8) Narang Medical Ltd., 9) Contec Medical Systems Co. Ltd., 10) CML Biotech (Pvt) Ltd., 11) Hebbar Surgical Instruments, 12) V.M. Mediteech, 13) Opto-Fine Instruments Pvt. Ltd., 14) System Elektronic, 15) Ramsons Garment Finishing Equipments Pvt. Ltd., 16) Nice Neotech Medical Systems Pvt. Ltd., 17) Medical Eleborate Concept Pvt. Ltd., 18) Ostwal Rehabilitation Aid India, 19) Genuine Biosystems Pvt. Ltd., 20) GPC Medical, 21) CPC Disgnostics, 22) K.M. Biomed, 23) Hospaccx India Systems, 24) Mediccon Pvt. Ltd., 25) C.R. Medisystems 26) Medi (Pvt) Ltd. and 27) Beejay Relam.

The event would provide a unique opportunity to the Sri Lankan medical fraternity, doctors and firms dealing in hospital equipment and instruments to visit the Indian companies participating in the exhibition and take benefit of their presence in Colombo by having one-to-one discussion and making new business contacts. Several of the Indian exhibitors would be displaying samples of a variety of medical equipment and instruments manufactured in India.

Pharmaceuticals Export Promotion Council of India, the leading industry body focusing on pharma exports from India, is organizing iPHEX 2013 - the largest exhibition of Indian pharmaceutical products and technologies in Mumbai from 24-26 April 2013 .

The Indian healthcare sector is expected to reach US$ 100 billion by 2015 from the current US$ 65 billion, growing 20 per cent year-on-year (y-o-y). The industry aims to touch US$ 280 billion by 2020, backing on increasing demand for specialized and quality healthcare facilities. The hospital services market, which represents one of the most important segments of the Indian healthcare industry, is expected to be worth US$ 81.2 billion by 2015.

Further, the healthcare segment offers an attractive growth opportunity for the information technology (IT) and business processing outsourcing (BPO) industry. The market for outsourced services to healthcare payers is expected to increase from US$ 9 billion in 2011 to US$ 15 billion in 2016.

Presence of world-class hospitals and skilled medical professionals has strengthened India’s position as a preferred destination for medical tourism. Medical tourism market is expected to expand from US$ 1.9 billion in 2011 to reach US$ 3.9 billion in 2014, at a CAGR of 27 per cent.