Veeda Clinical Research, Access Healthcare Services,IQVIA, Elrinon Healthcare, Cardiac Design Labs & Perfint Healthcare are final six nominees for the coveted Indian Affairs Healthcare Innovator of the Year 2018 at the India Leadership Conclave & Awards 2018

Clinical Trials, Medical Devices,Clinical innovations in medical profession are setting benchmarks for world-class innovations in the healthcare industry in india despite many challenges. There are immense opportunities as well as potential as we look at future. India Leadership Conclave 2018 is looking out for a trendsetter in Innovations which could redefine the way we look at healthcare innovations. Here are the six players who made it to the final six for the coveted  “Indian Affairs Healthcare Innovator of the Year 2018” at the iconic 9th Annual India Leadership Conclave Power Brand Awards 2018 where the winner will be announced on Friday,the 6th of July at Hotel Sahara Star in a power packed gatherings of leaders across the various sectors.

For a developing country like India, along with education, affordable healthcare is of utmost importance because it acts as a catalyst to accelerate the nation’s social and economic growth…Technology partnerships between the government and private sector will help solve challenges in healthcare and education. There is a major transformation underway in healthcare systems and delivery in India; investments and innovation in healthcare are also on the rise. India, as per WHO data, has only one doctor per 1,700 citizens. Advanced medical technologies are now stepping in to act as enablers and bridge the gap with high-technology products and services. At the governmental or the level of medical establishments, the war against disease, poverty and illiteracy is raging. There is a greater need today to create more awareness about how advanced medical technologies can help those affected and suffering from non-communicable diseases which are on the rise for reasons known as well as unknown.

Advanced medical technology today has the power to transform the huge social burden of chronic diseases that account for 67% of total deaths in India. The Harvard School of Public Health has in a study on economic losses due to non-communicable diseases, estimated that the economic burden of these ailments for India will be close to $6.2 trillion for the period 2012-30. These figures are making policy-makers in our country, take note on how healthcare services and advanced medical technologies can today benefit the patients and the governments. Advanced medical technologies are today available, accessible and affordable for Indians; the more awareness we create about them, the lower would be public healthcare costs and the resultant pressure on government/private hospitals. Then the positive, and cascading, impact on social and economic growth would be witnessed.

The critical barriers to accessing healthcare in India include a lack of disease awareness, screening, diagnosis, referrals, trained doctors and funding. From cardiac diseases alone, there are now more than 2.5 million deaths in India. Yet therapy penetration is very low even amongst patients who can afford it. Although there is a new generation of pacemakers, stents, insulin pumps, drug injecting pumps etc. available and affordable, field research indicates there is low awareness about these new medical products and services among physicians in general. As a result, there is lack of patient awareness too. Added to this is the non-availability and lack of awareness of advanced diagnostic tools and the low affordability of treatment. It is important that all these barriers be addressed in an integrated manner.