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India’s Healthcare Industry Is Touching New Dimensions

The Indian healthcare sector is scaling new heights and is bound to gross Rs.1.3 trillion in revenue by 2020.

According to the Investment Commission of India, the market size of hospitals and nursing homes will grow at 20% every year & projected to stand at Rs. 54,000 crore. Medical equipment on the other hand will be somewhere close to Rs. 9,000 crore with 15 per cent growth; clinical lab diagnostics with Rs.4,500 crore - a clear 30 per cent increase. In addition to this, imaging diagnostics will be another money-spinning business standing at Rs.4,500 crore (30 per cent growth). Other services including training and education, aesthetics and weight loss, and retail pharmacy will stand at Rs. 9,000 crore.

There’s also been an influx of medical tourism, educational services, and leisure tourism in India which is likely to build up in the coming years drawing an additional $6-50 billion in revenue and producing close to 10-48 million direct and indirect jobs by 2020.

The Insurance segment is worth $3 billion (Rs 15,000 crore) as of now.Health insurance is growing at 20% and will reach around $13 billion by 2020. So, it is growing at a faster rate than the healthcare industry but, even with that growth, you are talking about a funding gap of over $200 billion. The gap in rupees crore is so significant that the Indian government will have a serious issue in terms of financing healthcare.

Ref : http://www.businessreviewindia.in/business_leaders/indias-healthcare-industry-is-touching-new-dimensions


Plastics Used In Two Artificial Heart Valves

Surgeons may soon have choices when doing heart valve procedures. During conventional heart valve surgery, doctors cut through the patient’s sternum, stop the heart, and send the blood through a heart-lung bypass machine while they do the repair. Sound like there is some risk involved. Absolutely. Beyond the potential for infection, stroke, heart attack, arrhythmia, and renal failure, about 5% of patients die before the open heart surgery is completed.

However, a minimally invasive procedure called transapical aortic valve implantation may replace the conventional surgery. And that procedure is possible because of two new plastic valves that can prop open diseased valves and are inserted with a catheter that passes through arteries.

The most advanced is the Sapien Heart Valve .According to a patent application, a liner and tubing in the heart valve are made of a nylon block copolymer while a coil is produced from stainless steel. Bovine tissue is also use. The polyamides in the Sapien heart valve are usually based upon nylon-11 but may be based upon nylons 6 of nylon-6,6 or even a copolymer such as nylon-6/nylon-11. The polymers range in hardness as measured in durometer from Shore A 60 to Shore D72.

Ref : http://www.polymersolutions.com/blog/plastics-used-in-two-artificial-heart-valves/

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