According to experts, India has good domestic Medical Tourism and the country needs only opportunities to tap that potential.
India must tap its domestic medical tourism potential, even when it is attracting patients from overseas, stressed experts on sidelines of business meeting on medical tourism opportunities in India, organized by Export Import bank of India in Chennai.
Experts said that Indian state Tamil Nadu has been attracting medical tourists from eastern & northeastern states. They urged for promoting budget hotels in order to accommodate the patients & their families.
Sankara Nethralaya Medical Research Foundation's Chairman, SS Badrinath, said improvements in medical care quality would improve in all hospitals if medical tourism sees more development in India.
Lifeline Multi Specialty Hospital's chairman, JS Rajkumar warned of poor working conditions in case of nurses, resulting in their emigration to other nations.
ITDC's (India Tourism Development Corporation) chairman & managing director, Mr. Parvez Dewan said that next outsourcing opportunity in Indian healthcare industry would be remote-care of patients living in other countries.
Firms like Guidant, Honeywell, Phillips and Intel are making implants that will facilitate medical counseling, control & monitoring to patients & their doctors. This will be more beneficial to Indian para-medical experts than doctors.
"With global revenues of approximately US$ 20 Billion (2005), the medical tourism industry is world's largest industry. India's cost effective treatment makes it an important player in this industry. Growing Medical tourism in India will be one of the major sources for foreign exchange. With increasing number of non-insured population in western countries and increasing healthcare expenditure to GDP resulting in people opting for treatment choices outside their country," according to the report "Opportunities in Medical Tourism in India (2007)" published by RNCOS.
Related Market Research Reports:
Booming Medical Tourism in India
Asian Medical Tourism Analysis (2008-2012)
Opportunities in Asian Medical Tourism (2007-2010)