Demand for innovative healthcare solutions in the Indian
healthcare system has never been higher. The 70 years
of NHS innovation mission was
designed to show examples of exciting new approaches, systems and
services.
Healthcare in India
India’s healthcare market is estimated to grow to US$280 billion by
2020according to KPMG. The government health service spends
only 1.4% of GDPon healthcare service.
The 4.7% of GDP spent on healthcare
overall reflects the out of pocket expenditure most Indians make.
Private medications and services are provided by some excellent
leading healthcare companies as well as a fragmented collection
of smaller providers of varying quality.
Innovative healthcare solutions are needed due to:
- the dramatic rise in non-communicable diseases (NCD’s),
especially diabetes and heart disease
- an ageing population
Healthcare UK mission
3 NHS Trusts and 11 UK
healthcare companies took part in the mission, seeking commercial
opportunities to work with the Indian healthcare industry. They
were led by Sir Malcolm Grant, Chair of NHS England, Sarah
Wilkinson, CEO of NHS Digital and Deborah
Kobewka, Managing Director of Healthcare UK.
The 3 NHS trusts had innovative
training and consultancy offers including:
Deborah Kobewka said of the event:
This was remarkably successful mission, supported by our VIPs,
where carefully selected UK companies and NHS Trusts had specific
requests for their services from most of the Indian healthcare
companies we met in the 3 cities
Mission highlights
Highlights of the mission included joining the India UK Createch 2018
Summit in Mumbai addressed by HRH The Prince Edward, The
Earl of Wessex.
At this event, future creative technology in healthcare featured
alongside the future of transport, space travel, music and film.
Another highlight was meeting the Honourable Minister of Health
and Family Welfare for Maharashtra, India’s most popular state
with over 114 million inhabitants.
Sir Malcolm Grant also met with the national Ministry of Health
and Family Welfare and companion ministries to discuss the Indo
UK Institute of Health’s programme to build 11 major hospitals
and medicities alongside up to 5,000 diagnostic and treatment
clinics.
Response from India
The delegation met senior healthcare leaders from both private
and government sectors in a series of round tables, seminars and
networking receptions in Delhi, Mumbai and Hyderabad. The
delegation met over 250 potential customers in the 3 cities and
finished with a visit and discussion with the biggest of them
all, Apollo Hospitals.
Each of the Indian delegates were very clear on which of the
companies they wanted to pursue opportunities with and Healthcare
UK is optimistic that some excellent collaborations and business
ventures will be realised as a result.
Sir Malcolm Grant said:
As Britain celebrates its own historic landmark of the 70th
Anniversary of the NHS on 5 July, I look
forward to India-UK collaboration on healthcare being stronger
than ever.
If you are an innovative healthcare system provider looking to
develop operations overseas please contact us at Healthcare UK to
discuss how we can help you.
