News

Ideas That Generate Results

The medical tourism industry in India is expected to welcome more than one million medical tourists by the end of 2012, according to our research report "Booming Medical Tourism in India". The prospective growth in medical tourist arrivals reflects bright future of the industry despite the growing concerns of poor economic growth in 2009 due to the global financial downturn. We have found that the surge in medical tourist arrivals will be mainly driven by increasing availability of quality healthcare services and low healthcare cost. These two factors will encourage foreign visitors to go for medical treatments in India.

The report has also identified that the Indian government initiatives (like the introduction of M-visa, investment for setting up affordable hospitals and budget hotels for patients and their relatives) will play a critical role in attracting foreign patients. Developing healthcare infrastructure, growing number of private hospitals (such as Wockhardt, Apollo and Escort), expert healthcare professionals and less waiting time are some of the other reasons that attract overseas patients to India.

Besides, the report has done an extensive research and prudent analysis of key industrial developments and trends. For instance - the forthcoming Commonwealth games and increasing popularity of Yoga and Ayurvedic treatment will contribute significantly to the development of medical tourism in India. The report also highlights the role of private players in the rapid growth of Indian medical tourism market. Several other factors propelling growth in the medical tourism industry have also been thoroughly evaluated in the report.

"Booming Medical Tourism in India" provides qualitative information and quantitative statistical data of the Indian medical tourism market, with focus on past, present and future scenario. It discusses the key factors which are making India an attractive medical tourism destination. It evaluates each of the industry parameters like key market drivers, emerging segments and market restraints. Most importantly, the report gives future outlook for all the important aspects of the industry considering the effects of global economic crisis on base drivers, opportunities and challenges faced by the medical tourism industry.

For more information visit: http://www.rncos.com/Report/IM123.htm