Dr Deshpande is credited with over 50 publications, both books and articles published in national and international journals. He has also written chapters in a book, Textbook of Cancer, published by the National Book Trust.
He was the first person to introduce Thoracoscopic surgery at the Tata Memorial Hospital' Mumbai
Game Changers Award by The HR Club on 7 February 2015.
The Government of India honoured him, in 2014, with the award of Padma Shri, the fourth highest civilian award, for his contributions to the fields of medicine.