List of Profitable Business Ideas in Medical, Healthcare Industry. Opportunities in Health Care Sector for New Business Venture
India's high population makes it an important player in the Healthcare Industry. Healthcare has become one of India’s largest sectors - both in terms of revenue and employment. Healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment. The Indian healthcare sector is growing at a brisk pace due to its strengthening coverage, services and increasing expenditure by public as well private players.
India is expected to rank amongst the top three healthcare markets in terms of incremental growth by 2020. In 2015, Indian healthcare sector became the fifth largest employer, both in terms of direct as well as indirect employment, with total direct employment of 4,713,061 people.
Healthcare sector is considered one of the largest sector in terms of both revenue and workfore employement. Marketing healthcare services and products presents unique challenges compared to other consumer goods and services, because it deals with health behaviors as opposed to just purchasing behaviors. Health marketing includes awareness and education. The healthcare sector in India remains one of the largest sectors in terms of both employment and revenue generation.
Healthcare revenue in India is set to reach USD280 billion by 2020; expenditure is likely to expand at a CAGR of 17 per cent over 2011–20. Healthcare has become one of India's largest sectors both in terms of revenue and employment. The industry is growing at a tremendous pace owing to its strengthening coverage, services and increasing expenditure by public as well private players.
Here are few Healthcare Projects:
CANCER HOSPITAL (50 BEDS)
Cancer is a term used for diseases in which abnormal cells divide without control and are able to invade other tissues. Cancer cells can spread to other parts of the body through the blood and lymph systems. Every year about 8, 50,000 new cancer cases are diagnosed in India resulting in about 5, 80,000 cancer related death every year…….Read more
DENTAL COLLEGE
Dental education occupies a place of pride in the field of medical studies. The basic aim of the dental colleges is to provide health-oriented courses that emphasize the prevention of oral diseases. In a human body mouth is considered to be the mirror dental health being intimately related is part and parcel of the general health and wellbeing of an individual……..Read more
MEDICAL ALCOHOL FROM DATE JUICE CONCENTRATE
Date is one of the best fruits, which contains fructose as sugar ingredients, which is totally fermentable sugar and can be completely converted to ethyl alcohol by fermentation process. There are few expensive fabricating companies who can design the distillery plants and fabricate the plants………Read more
PARACETAMOL
Paracetemol is an important intermediate in the manufacture of other pharmaceuticals like the antimalarial amodiaquine. Two types of paracetamol are commercially produced, namely powder and granules. The granules grade is called direct compressible product which is easier to use for making tablets……..Read more
AYURVEDIC MEDICINES (CHYAWANPRASH, COUGH SYRUP HERBAL, AYURVEDIC HAIR OIL, JAWAHAR MOHRA & MUKTA SHUKTI TABLETS)
Man has always been keen to keep himself free from all miseries. It has been a constant endeavor to discover better ways to prevent and cure human disease. Human history is full of examples of foods developed for one or the other health benefit. Greeks used garlic in the first Olympic Games as they considered it as a performance-enhancing drug………Read more
HOSPITAL
A hospital is a health care institution providing patient treatment by specialized staff and equipment. Hospitals often, but not always, provide for inpatient care or longer term patient stays. Presently, every city or town in India has no. of private hospitals furnished with latest medical facilities available and with more qualified surgeons, physicians and specialist doctors……..Read more
SURGICAL COTTON & BANDAGES
Surgical Bandages are the products manufactured from white bleached Cotton gauge cloth of suitable quality. Absorbent cotton also known as surgical cotton is used mainly for medical purposes. Raw cotton is purified by a series of processed and rendered hydrophile in character besides rendering it free from other external organic impurities…….Read more
MEDICATED LOZENGES LIKE STREPSILS, TUSG
Medicated lozenges are made basically by using glucose, water, calcium carbonate, peppermint and some other ingredients. It is used by children to old age people to get the relief from the throat problem. It is same as hard candy having some medicinal effect….…….Read more
AYURVEDIC PHARMACY
The contribution of thousands of medical luminances has been completed in the ayurvedic system to make it as one of the most wide as well as perfect system has been tested through years of practices, making it more perfect. India abounds in medicinal plants and more than 75% of the vegetable drugs included in pharmacopoeia is available in the country……..Read more
PHARMACEUTICAL TABLETS, CAPSULES, LIQUID ORAL, OINTMENT, POWDER AND INJECTION
The Pharmaceutical Industry in general is well managed in sound economic principles and has excellent techniques of production, technological backing and good marketing techniques. Because of availability of good capital and profit, this industry showed a remarkable growth and also attracted highly qualified technical people with satisfactory salary…….Read more
HEALTH DRINK (COCOA BEVERAGES IN GRANULES FORM)
The health food drink market in India is approx. 300,000 MT per annum and is growing at the rate of around 15% per annum. The health food drinks are popularly used as a milk additive for better nutrition and taste. Health Food Drinks are added to the diet to boost overall health………Read more
MEDICAL DIAGNOSTIC CENTRE
Modern diagnostic Centre provides a wide scope for detection of ailments and afford facilities for a detailed medical check-up through diagnostic procedures. To accomplish this objective a modern diagnostic Centre should be well equipped with most modern instruments. Which help in the requisite measures for diagnostic purposes……..Read more
Visit the page Select and Choose the Right Business Startup for You for sorting out the questions arising in your mind before starting any business and know which start-up you can plan.
We, at NPCS, endeavor to make business selection a simple and convenient step for any entrepreneur/startup. Our expert team, by capitalizing on its dexterity and decade's long experience in the field, has created a list of profitable ventures for entrepreneurs who wish to diversify or venture. The list so mentioned is updated regularly to give you a regular dose of new emerging opportunities.
DISPOSABLE PLASTIC SYRINGES
Disposable syringes are a great innovation in the field of medical equipment. They are used for inframuscular and intravenous injections and are disposed of immediately after usage. The major advantages of using disposable syringes is that no infection is transmitted since the injection is disposed of immediately after use…….. Read more
VITAMIN ‘C’
Vitamin C is a physiological antioxidant of major importance for protection against diseases and degenerative processes caused by oxidative stress. Vitamin C is ubiquitous. It is found throughout the plant and animal kingdoms, where its roles are often not known or are poorly understood……..Read more
ENERGY PROTEIN BAR
Energy bars are often promoted as a quick snack, a supplement athlete/ sports person or those who done workouts energy bars are also an excellent method for replenishing muscle energy store after sport. For best results eat an energy bar 30-45 minutes before a race or workout or eat small amount during in race or ride……….Read more
IV FLUIDS
Intravenous fluids are fluids which are intended to be administered to a patient intravenously, directly through the circulatory system. These fluids must be sterile to protect patients from injury, and there are a number of different types available for use……..Read more
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