{"id":324652,"date":"2020-07-14T13:14:28","date_gmt":"2020-07-14T13:14:28","guid":{"rendered":"http:\/\/tehelka.com\/?p=324652"},"modified":"2020-07-14T13:20:51","modified_gmt":"2020-07-14T13:20:51","slug":"indian-healthcare-sector-expected-to-hit-275-billion-mark-in-next-10-years-dr-harsh-vardhan","status":"publish","type":"post","link":"https:\/\/tehelka.com\/indian-healthcare-sector-expected-to-hit-275-billion-mark-in-next-10-years-dr-harsh-vardhan\/","title":{"rendered":"Indian healthcare sector expected to hit $275 billion mark in next 10 years: Dr Harsh Vardhan"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-322430 aligncenter\" src=\"http:\/\/tehelka.com\/wp-content\/uploads\/2020\/04\/Screenshot_20200420-012258__01.jpg\" alt=\"\" width=\"889\" height=\"758\" srcset=\"https:\/\/tehelka.com\/media\/2020\/04\/Screenshot_20200420-012258__01.jpg 889w, https:\/\/tehelka.com\/media\/2020\/04\/Screenshot_20200420-012258__01-300x256.jpg 300w, https:\/\/tehelka.com\/media\/2020\/04\/Screenshot_20200420-012258__01-768x655.jpg 768w, https:\/\/tehelka.com\/media\/2020\/04\/Screenshot_20200420-012258__01-696x593.jpg 696w, https:\/\/tehelka.com\/media\/2020\/04\/Screenshot_20200420-012258__01-493x420.jpg 493w\" sizes=\"(max-width: 889px) 100vw, 889px\" \/>Union Minister Dr Harsh Vardhan on Tuesday had a digital interaction with his Australian counterpart Gregory Andrew Hunt to discuss bilateral Health co-operation.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">At the outset, Dr Harsh Vardhan expressed deep admiration for Gregory Hunt for his organization of charity events. Speaking on the need for working together, Dr Harsh Vardhan outlined that \u201cwhile Australia has one of the best healthcare systems of the developed world, healthcare in India is one of the fastest growing sectors expected to hit $275 billion mark in the next 10 years. India\u2019s domestic demand is expected to engine the growth regardless of any turbulence in the global economy. India also offers vast opportunities in R&amp;D and medical tourism\u201d. India\u2019s traditional holistic medical systems like Ayurveda and Yoga can help Australia curb obesity and related diseases, he further added.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Dr Harsh Vardhan elaborated on \u2018health as a social movement\u2019 approach of Prime Minister Narendra Modi \u201cIndia\u2019s Universal Healthcare Coverage (under Ayushman Bharat) covers a massive 100 million families; 10 million individuals have benefitted in the last year alone.&#8221;\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">&#8220;India is committed to eliminating TB by the year 2025 and has also undertaken efforts for mass screening of non-communicable diseases like hypertension, cancer of breast, lung, throat and mouth, etc,&#8221; he said.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">&#8220;India has also made strides in implementing the Digital Health Blueprint to modernize the health sector and enable streamlined delivery of services to the last citizen; affordable medicines that treat cancer and cardio-vascular ailments and cardiac implants are made available to the poorest of the poor under the (Affordable Medicines and Reliable Implants for Treatment (AMRIT) program,&#8221; Harsh Vardhan said.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">He also added that the Prime Minister\u2019s \u201cWhole of Government\u201d perspective enabled financial inclusion of 400 million people and transformed their access to healthcare.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Hunt spoke of the trust Prime Minister Modi espouses in the international community. Australia\u2019s Universal Telemedicine has helped tackle 19 million cases, so far, he stated. <\/span><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Its focus on health infrastructure through public and private hospitals and approach on mental health issues are models worth emulating, he stated. <\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Acknowledging India\u2019s huge role in supplying inexpensive generic drugs supplying 60% of the world\u2019s medicine, he expanded on how India could help Australia in researching new medicines for rare diseases using Genomics and Stem Cell Technology.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Elaborating upon the role of India\u2019s medical community in containment and management of the pandemic, Dr. Harsh Vardhan noted that India\u2019s medical professionals, paramedics and scientists have played a pivotal role in containing COVID-19.\u00a0 He stated that they are helping in drug discovery and in repurposing of existing drugs. They have also isolated the virus in the early onset of diseases and are engaged in studying the virus using Genome sequencing. \u201cFrom just one lab to test the virus in January 2020, India now has more than 1200 labs all across the country facilitating the people in widespread testing, he further added. India\u2019s drug manufacturers have also enabled India to supply Hydroxychloroquin to 140 countries.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The Health Ministers agreed to continue to jointly work in the area of health and other common interests.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">India and Australia have signed an MoU on co-operation in the field of Health and Medicine on April 10, 2017. The MoU covers areas of mutual interest like the management of communicable diseases like Malaria and Tuberculosis, mental health and non-communicable diseases, antimicrobial resistance, regulation of pharmaceuticals, vaccines and medical devices and digitization of health infrastructure. The MoU also covers response to public health emergencies like the present COVID pandemic, according to the official release.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Union Minister Dr Harsh Vardhan on Tuesday had a digital interaction with his Australian counterpart Gregory Andrew Hunt to discuss bilateral Health co-operation. At the outset, Dr Harsh Vardhan expressed deep admiration for Gregory Hunt for his organization of charity events. Speaking on the need for working together, Dr Harsh Vardhan outlined that \u201cwhile Australia [&hellip;]<\/p>\n","protected":false},"author":59,"featured_media":322430,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[36],"tags":[5222,13191],"_links":{"self":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/324652"}],"collection":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/comments?post=324652"}],"version-history":[{"count":2,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/324652\/revisions"}],"predecessor-version":[{"id":324655,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/324652\/revisions\/324655"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media\/322430"}],"wp:attachment":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media?parent=324652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/categories?post=324652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/tags?post=324652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}