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Volume VI || Issue I || May-June 2015

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ashi Tiwari

Sa Rizvi, Dr. HN Sharma

amjad Kamal, SY ahmed Khan, Ranjit Shirsath Deepti Tripathi, Nizamuddin alam

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Volume - VI Issue - I May-June 2015

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ANNIVERSARY IS THE CELEBRATION OF TRUST, SERVICE AND RELATIONSThank You for taking the time to hold Medgate Today magazine for 6 years. Today seems like a good day to express my appreciation to our readers and advertisers at large for the warm welcome and resounding support of all the changes we are implementing.I would also like to extend my gratitude to all my professional colleagues from health ministry, Doctors, CEO,consultants & Healthcare Architects for being so kind and giving your utmost cooperation to make Medgate Today a huge Success.Healthcare Sector updates: The Indian healthcare sector, one of the fastest growing industries, is expected to grow at a compound annual growth rate (CAGR) of 17 per cent during 2011-2020 to touch US$ 280 billion. It is expected to rank amongst the top three healthcare markets in terms of incremental growth by 2020.Of total healthcare revenues in the country, hospitals account for 71 per cent, pharmaceuticals for 13 per cent and medical equipment and supplies for 9 per cent.The private sector has emerged as a vibrant force in India's healthcare industry, lending it both national and international repute. It accounts for almost 72 per cent of the country’s total healthcare expenditure.Telemedicine is a fast-emerging sector in India; many major hospitals have adopted telemedicine services and entered into a number of public-private partnerships (PPP). In 2012, the telemedicine market in India was valued at US$ 7.5 million and is expected to grow at a CAGR of 20 per cent to reach US$ 18.7 million by 2017.The Government of India aims to develop India as a global healthcare hub. It has created the National Health Mission (NHM) for providing effective healthcare to both the urban and rural population.Investment in healthcare infrastructure is set to rise, benefiting both 'hard' (hospitals) and 'soft' (R&D, education) infrastructure. India is the largest exporter of formulations with 14 per cent market share and ranks 12th in the world in terms of export value. Double-digit growth is expected over the next five years.Lastly, I would like to THANK to my entire team of Medgate Today, both the editorial and marketing for putting together such a marvelous issue.