What are your views on X-ray machines market in India vis-avis the global market?
The demand for imaging techniques is constantly increasing across the world because of the increasing concept of evidence based medicine. In todays world where consumer protection laws are becoming very strong, every doctor wants to have the confirmation of the clinical findings before starting the treatment. So no doubt, with the ease of its use, low cost, faster results and easy interpretation of it by the physicians, it took very less time to spread into every corner of the world including India. It is one such machine, which one can expect in any hospital setup and with the constant development of newer digital setups the market of X-ray machines is constantly maintaining a peak in the healthcare products both abroad and in our country. Further, the C-arms, fluoroscopy tubes and mammography are all X-ray based techniques, which further multiply the existing need of X-ray machines.
What are your ongoing operations in India and further expansion plans?
In terms of diagnostic imaging, we have four establishments in Delhi and all have computed radiography (CR) systems, which are although compatible to meet the requirements of physicians and daily outpatient needs. We would soon be acquiring direct radiography (DR) systems particularly for our hospital because of the increasing patient load, which definitely have some benefits over CR systems.
What are your views on the price sensitivity of the Indian market?
Although the X-ray setup is not a very expensive investment for a hospital but the prices of machines would definitely make a difference for the smaller nursing homes, diagnostic centres or the ones in areas with less affordable population such as in villages who would try to compensate the prices of machine by either installing an older refurbished machine or by compromising with the recent advanced techniques. Primus Super Speciality Hospital is very much concerned about the quality care for the patients and hence, we never compromise with the advanced techniques available in the market.
What are your views on government regulation?
As all of us know that X-rays, being ionising radiations are harmful for the body and can lead to many side effects including cancers if proper precautions are not taken and hence it is a responsibility of the government as well as the organisation to ascertain the safety from the unwanted effects of radiation and frame certain rules and guidelines and also establish regulatory body for the proper implementation of the same. We completely agree with the guidelines of Atomic Energy Regulatory Board (AERB) for the use of these modalities however, there should be a check at all the levels for the proper implementation of the rules as they are only for the welfare of the society. We would say that these should be considered as fundamental responsibilities by the organisation or institute to comply with these rules rather than considering them as challenges.
What is your opinion on emerging trends and new technologies?
Conventional X-ray systems are time consuming, have tedious procedures of film development and above all the image quality is inferior as compared to latest DR systems, which have many advantages such as image post processing softwares (magnification, contrast adjustment), image storage capability and the compatibility with the Picture Archiving and Communication System (PACS) server which helps in proper storage and teleradiology in there is a need due to lack of availability of specialist radiologist at a remote area.
So the newer digital systems such as CR and DRs are the trend of the day, which still needs to be spread in both the cities and peripheral Indian market and has an immense potential if the companies can offer good deals to the investors when it come to digital setups.