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/ |