Are you planning to build or restructure or venture in Orthopaedic Hospital in India? Looking for information about the major healthcare players in Government, Private diagnostic centres that are available in India? Are you looking to find out which part of the city’s is best to venture in or what all facilities are available and what all should be planned for new setup? In this article Hospaccx Healthcare Consultancy has mapped all on major players in terms of Orthopaedic facilities and healthcare scenario in India.
INTRODUCTION
The Indian healthcare industry has seen a significant transformation in the past few years. With the increasing incidence of orthopaedic disorders in the country, the demand for orthopaedic healthcare services has also surged. Approximately 15% of the population, i.e. 63 million people suffer from arthritis. However, the Indian government has taken various initiatives to address the challenges faced by the orthopaedic patients including launching health insurance schemes, developing healthcare infrastructure, promoting medical tourism and supporting orthopaedic research and innovation. This has created ample opportunities for orthopaedic healthcare providers in India to expand their services and cater to the growing patient base.
MARKET OVERVIEW OF ORTHOPAEDIC IN INDIA
ORTHOPEDIC MARKET GROWTH DRIVERS IN INDIA
LEADING ORTHOPAEDIC IMPLANT MANUFACTURERS IN INDIA
CURRENT ORTHOPEDIC HEALTH SCENARIO IN INDIA
RECENT ORTHOPAEDIC INVENTIONS IN INDIA
IIT Kanpur has developed a bone regeneration technology
- The technology is called “Nano-hydroxyapatite-based porous polymer composite scaffolds for bioactive molecule delivery in musculoskeletal regeneration.”
- Ortho Regenics Private Limited has obtained a licensing agreement for the technology in 2022.
- The technology can act as a carrier for bone-active biomolecules, delivering them directly to the implant site.
- It has osteoinductive and osteopromotive properties and can be used as a bone substitute, overcoming autograft limitations.
GOVERNMENT SUPPORT FOR ORTHOPAEDIC PATIENTS IN INDIA
- Under a special provision in the drug pricing law that allows the government to intervene in extraordinary circumstances in the public interest, nearly 70% cost is slashed keeping the knee implants in the range from Rs 54,000 to Rs 1.14 lakh which is lower than the current knee implant cost surgeries.
- The standard, widely used cobalt chromium in knee replacement surgery will now cost Rs 54,720 as against an earlier MRP of Rs 1,58,324.
- Similarly, the price of special metals like titanium and oxidized zirconium have been slashed by almost 70%, to Rs 76,600 from Rs 2.49 lakh.
- In case of revision knee replacement, which is usually done if the primary replacement fails, prices of implants have been cut by 59%.
Source: CrediHealth.com
LIST OF MAJOR ORTHOPAEDIC HOSPITALS IN INDIA
Chain of major Orthopaedic hospitals & clinics in India
- Hosmat Hospital, Bangalore
HOSMAT Hospital is the first Comprehensive Tertiary Care Hospital in India specializing in Orthopedics, Accident-Trauma care, (Arthroscopy & ACL surgeries), and Sports medicine. It was established in 1990. It has a chain of 3 hospitals situated on Magrath Road, Kalyan Nagar, and Sadashiv Nagar in Bangalore.
- Indian Orthopaedic Research Group (IORG)
The Indian Orthopaedic Research Group was started in 2007, however, 2011 was the year that established IORG as a cohesive group with a definite direction and aim. It was the year that IORG became one of the forefront organizations of Indian Orthopaedics with a unique agenda of Research and Collaboration. It is a network of orthopedic hospitals and research centers in India. They collaborate with various orthopedic institutes and hospitals across the country to promote research, education, and quality improvement in orthopedics.
- Orthocure
Orthocure Healthcare is India’s 1st chain of speciality clinics for orthopaedic problems. It has around 3 clinics in Gurgaon.
- Regenorthosport
They are the first Regenerative Orthopaedics Center in Texas to Offer Non-Surgical Procedures for Joint Injuries, Osteoarthritis and Other Orthopaedic Conditions. The clinics are situated in two major cities which are Mumbai and Hyderabad.
- Stem Rx
It was established in 2011. It aims to set the standard in Regenerative medicine and Bone Marrow Concentrate Graft therapy through research and clinical excellence and responsiveness to the needs of every patient.
Major Orthopaedic government/private hospitals in India
- Moolchand Medcity, Delhi
The Moolchand Orthopedics Hospital in Delhi has become the epitome of treatment and care for patients. It was established in 1958. It has a proven outcome of successful clinical treatments and hence is known globally for orthopedics treatments. Moolchand offers the latest technology and advancements such as Moolchand Bone Bank (one of the few in India).
- Indian Spinal Injuries Centre (ISIC), New Delhi
ISIC is a renowned hospital exclusively dedicated to spinal cord injuries and orthopedic spine care. It was established in 1993. They provide comprehensive treatment and rehabilitation services for spinal cord injury patients.
- Bhattacharyya Orthopaedics and Related Recovery Centre, Kolkata
It is located at Rajarhat in Kolkata. It is an established name in Orthopaedics for the last 25 years. It was founded by the legendary Orthopaedic Surgeon Dr. Sailendra Bhattacharyya. Since its very inception in 1994, it has set high standards in Orthopaedics. It is the only mono-specialty Orthopaedic Hospital in Eastern India.
- MIOT international, Chennai
It was established in 1999, it is a 70-bed hospital. It deals with the entire spectrum of spine disorders and problems, including failed back syndrome, degenerative disc conditions, infections, osteoporosis and more, at the Spine Surgery Centre.
CONCLUSION
In conclusion, the orthopaedic market in India is expected to witness significant growth in the next 5 to 8 years due to the increasing incidence of orthopedic disorders such as arthritis compounded by the growing prevalence of diabetes and obesity. The National Medical and Wellness Tourism Board has the potential to promote India as a medical and wellness destination attracting medical tourism and expanding revenues in the orthopedic implant procedures segment. Overall, India presents ample opportunities for growth in the orthopaedic healthcare industry.
Above is the superficial and macro level study for in-depth market and financial feasibility studies or any other healthcare-related research needs, please feel free to reach out to us at +91-8655170700 or email us at hospaccx.india@gmail.com . Our team is equipped to provide comprehensive and detailed insights tailored to your specific requirements.
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