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How Does One Increase Medical Tourism in India?

How to choose the best professional indemnity insurance for doctors

Medical tourism is a booming sector in India that has been growing steadily. Growing corporate culture in medical hospitality and government impetus has proved to be a boon for medical tourism in India. The sector is estimated to grow up to a mammoth figure of $9 billion with a compounded annual growth (CAGR) rate of 200% by the year 2020.

There is no doubt that the Indian subcontinent is going to receive its next crown jewel from doctors and healthcare professionals of the country. The birth-place of Ayurveda is foraying into the global market of modern healthcare with leaps and bounds. A growth rate of 200% might seem a bit inflated to some individuals, but there are many reasons why this number has increased at such a phenomenal rate.

Maharashtra, Tamil Nadu and Delhi together account for more than 50% of the market value, followed by Uttar Pradesh, Rajasthan and West Bengal, each accounting for 10%, 9% and 7% of the value respectively. The numbers are not absolute but approximations based on a study conducted by the Madras School of Economics.

Reasons for the massive growth

4 ways to increase medical tourism in India

This article is inspired by a doctor’s guide to medical tourism. Facts presented are in no way manipulated for any third party benefit.

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