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Germany,India : VENTURE capital is grows a health care in INDIA

August 12, 2014

The Indian healthcare sector is booming with corporate hospitals expanding their network to tier II-III cities and the sector is attracting Venture Capital investments.

The size of the Indian healthcare imaging market around ?20 billion and it was growing in double digits.

The private healthcare providers to continue to dominate this segment. The improved penetration of healthcare insurance and growing awareness about preventive health check-ups helped. The company was the only integrated diagnostic company that offered in-vitro and in-vivo diagnosis which he believes an edge in the healthcare market.

The foray of Indian healthcare providers to overseas destinations, this was an encouraging trend and it served as an evidence of the maturity of healthcare technology installations in India-based hospitals.

Siemens installed in Coimbatore s PSG Hospital the SOMATOM Definition Edge CT Scanner with Stellar detector technology which happened to be the first installation.

The machine was helpful in the operation theatres for operating on the brain, liver and in the interventional and pain relieving departments. In the 6 months, the contribution of healthcare business to Siemens turnover increased to ?651.10 crore compared to ?513.11 crore.

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Source: TendersInfo (India)

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