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Medical Tourism: The Next Awaiting Avenue for Indian Tourism Industry
Jun 14, 2006
Growing impressively, the medical tourism has emerged as a major contributor to the overall tourism industry in India.
Offering a number of alternative systems of medicine, such as ayurveda, meditation, yoga and so on, to choose from, India seems to have become the latest hub for the patients from countries such as New Zealand, Australia to name a few. Whether it’s some chronic disease or a cosmetic surgery, people are flocking to India in search of relief from high costs and long waiting lists in their countries. During the year 2005 alone, about 1,53,000 foreigners landed in India to take advantage of the comparatively low priced and efficient medical services offered by the country.
A few of the reasons why the medical tourism has observed such a remarkable growth during the recent years include:
- The reputation earned by the Indian medical professionals all over the world. A number of prominent hospitals throughout US, UK and Canada comprise of Indian nurses, doctors & paramedics, who are the backbone of the overall healthcare systems of these countries.
- Medical procedures in India cost just a quarter as compared to the West and also the quality is as good as that of the international standards.
As per a recent market research report named, “Indian Tourism Industry Outlook (2006)”, published by RNCOS, “The medical system in India has the potential to lure more than one million medical tourists every year”.
As per experts at RNCOS, “The number of foreigners visiting India for medical treatment is growing at a rate of 17% per year”. “The foreign patients are likely to spend about $2.5 billion on medical treatment in India by the year 2012”, further added experts.
Report highlights:
- Latest developments in the tourism industry in India.
- Overview of Indian tourism industry in global perspective.
- Introduction to the tourism industry in the Asia Pacific region.
- Factors that influence the growth of the tourism industry in India.
- Analysis of key players in this sector along with the strategies adopted by them for the further growth of the industry.
- Future predictions about the industry for the years to come.
For more information visit: http://www.rncos.com/Report/IM039.htm
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