siliconindia | | January 20188IN MY OPINIONBy Dr. Siddharth Dutta, Associate Vice President - Consulting, MarketsandMarkets ResearchHOSPITAL & HEALTHCARE SERVICES INDUSTRY'FROM THE DESK OF FORTUNE TELLERS OF THE HEALTHCARE MARKET' ­ INDIA IN 2018: Based in Pune, MarketsandMarkets Research is a full service market research company and consulting firm leveraging automation to produce 1200 high-level, strategically analyzed, and full-length reports a year for several markets and industries.A s per J P Morgan, India may report a 7.5 percent GDP growth in 2018, but there are issues of management, cor-ruption, accountability, ethics and many more. Healthcare is still way down the political agenda and Indians live every day with hor-rors of hospital care and hopes of im-provement. Government investment in public health has been abysmally low. India spends about 4.7 percent of its GDP on public health. With World Bank and other global bodies invest-ing so much hope on India's growth, can we really project this nation as `Beacon of Hope for the world' or will it remain a `Rich nation with many poor people' in 2018. Based on some recent developments in 2017, we would like to touch the hope and hypes of the healthcare market and how these changes will impact the stakeholders and industry in general. (A) Advanced Cancer Care Clinics Expected to Rise2018 will witness some seasoned players stronger in specialty services market. Amongst key players, Fortis Group (Mohali) is expected to focus more on quality care in the Onco centres, high ended mother and child care, while one of its peers - Apollo Hospital Group is expected to intro-duce a state of the art advanced cancer treatment facility from Chennai. The facility is expected to be South-East Asia's first Proton Beam Therapy cen-tre, and that will make India one of the few nations in the world to offer such advanced treatment in advanced cancer. This will save hundreds of
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