The epidemiological transition in the form of addition of non communicable diseases has provided opportunity for the re-emergence of ‘indigenous system of medicine’ in India which gained popularity across the world and strengthened India’s position as a preferred destination for medical tourism. This changed the patterns of demand and supply of healthcare services in the country and insisted for improvements in the quality of services at par with the international standards and technological innovations in healthcare delivery. These swift changes in Indian healthcare industry market started attracting attention of domestic and inter-national private players for the investments. Besides investing in usual hospital business, private players also started exploring the areas of research and development in the country. Government of India grabs this opportunity for further progression of Indian economy and started changing regulations of clinical trials in the country to make contract research as fast growing segment of healthcare industry.
Epidemiological transition, Medical tourism, Health IT, EHR, EMR, HMIS, FDI
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