A medical college is meant to impart education of medical field to students to qualify them as doctors in different specialized disciplines so as to treat patients suffering from various ailments. A hospital as a health care organization has been defined in varied terms as an institution involved in preventive, curative/ameliorative, palliative or rehabilitative services. However, the definition given by WHO is quite exhaustive and exclusive, in which it is defined as, ‘an integral part of the medical and social organization which is to provide for the population complete health care, both curative and preventive; and whose out patient services reach out into the family in its home environment. Hospitals, these days, also provide bio-social research; teaching and training facilities for all members of the hospital. The undergraduate medical education programme is designed with a goal to create an "Indian Medical Graduate" (IMG) possessing requisite knowledge, skills, attitudes, values and responsiveness
India's rapid growth has brought about a 'health transition' in terms of shifting demographics, socio-economic transformations and changes in disease patterns. The Indian healthcare dates back to the Vedic system of healthcare (Ayurveda) in 5000 BC. The Ayurvedic principles of positive health and therapeutic measures relate to physical, mental, social and spiritual welfare of human beings. Allopathy was also brought to India and soon got acceptance for swift results. Today, with continuous research and development, Aallopathy dominates the Indian health care market. the industry is projected to continue its rapid expansion, with an estimated market value of $280 billion by 2020. The development of India's hospital industry and the sector is poised to grow to $100 billion by the year 2015 and further to $280 billion by 2020. Thus, due to demand it is best to invest in this project.
Few Indian major players are as under
• Kovai Medical Center and Hospital Ltd.
• Apollo Hospitals Enterprise Ltd.
• Dhanvantri Jeevan Rekha Ltd.
• Fortis Healthcare Ltd.
• Dolphin Medical Services Ltd.