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hemariya (3)

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The medical tourism industry in India is growing at a pace of 18 percent CAGR year on year and an estimated projection to be worth 9 billion by 2020. India holds 18 percent of the global medical tourism market and is anticipated to achieve 20 percent by 2020. According to the Medical Tourism Report, India has consistently grown globally in medical tourism due to its low cost and high-quality healthcare. – PowerPoint PPT presentation

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Title: hemariya (3)


1
Why India is a great destination for medical
tourism?
2
  • Increased awareness and access to media to all
    age groups have driven many tourists to flock to
    India for its excellent medical treatment. Indian
    healthcare professionals and doctors are renowned
    across the globe for their reputation in the
    medical field and their skills. Most
    professionals hold multiple degrees and high
    positions in leading hospitals in the UK, US, and
    other western countries. According to IMS Health
    and FICCI, the Indian medical industry enjoys
    high credibility in diagnosis, prognosis,
    wellness, prevention as well as in alternative
    medicine.
  • The medical tourism industry in India is growing
    at a pace of 18 percent CAGR year on year and an
    estimated projection to be worth 9 billion by
    2020. India holds 18 percent of the global
    medical tourism market and is anticipated to
    achieve 20 percent by 2020. According to the
    Medical Tourism Report, India has consistently
    grown globally in medical tourism due to its low
    cost and high-quality healthcare.

3
Why India and its global standing?
  • One of the primary catalysts contributing to this
    exponential growth can be attributed to the
    change of policy by the Indian government.
    Increased efforts and focus by the Ministry of
    Tourism to promote medical tourism among Indian
    diaspora as well as among foreigners through its
    embassies and consulates.
  • What was once an untapped industry of increased
    cash flow, has recently been identified and
    promoted with greater vigor and streamlined
    efforts by both government bodies and private
    healthcare centers.
  • Other influencing factors for growth can be
    rooted in the increased investment from private
    players as well as hospitals. In a country of
    over 1.4 billion people, private hospitals take a
    large chunk of market share across the country.
    Private healthcare centers, which include
    hospitals, clinics, health spas, Ayurveda,
    homeopathy, among others, enjoy the lions share
    of 74 percent of the revenue generated in this
    industry.

4
Advantages and Primary Reasons
  • India has the accreditation of 39 hospitals from
    the Joint Commission in the USA, which has added
    value to Indias standing in the global arena
    when it comes to quality healthcare services.
  • Some of the major factors include
  • Inexpensive treatment compared to Western
    countries like US, UK, and Australia
  • Easy access to getting a visa for medical
    purposes.
  • Access to significant and immediate medical
    attention, with little to no waiting list for
    surgeries.
  • Although India is still a developing country
    and lags severely in health awareness amongst its
    populace, the country does have state-of-the-art
    medical services and access to the latest
    available technologies.

5
Cost and causation
  • It is common knowledge that India is one of the
    most affordable destinations when it comes to
    vacationing, education, and research. Similarly,
    medical treatments and surgeries cost only about
    a tenth of the cost in America and is
    considerably cheaper compared to other popular
    lost cost destinations like Thailand.

6
Texila Medicare in India
  • Often people find the most valuable information
    about the treatment and better facilities and
    physicians only towards the end of it. Finding an
    oncologist who is not only regarded best by
    hearsay but with factors to back them up is a
    challenge in a diverse region such as India.
  • Texila Medicare understands the necessity and
    bridges by providing personalized medical
    services that meets the best and most affordable
    therapy to international cancer patients.
  • The medicare company helps patients in scheduling
    your trip arrangements from A Z making ample
    room for adequate adjustments of patient needs at
    any point time during this period. It offers a
    plethora of accredited network of hospitals and
    doctors with good standing in the medical
    profession. With best practices and affordability
    the service goes one notch up for its ethical
    and transparent client servicing from the very
    beginning to the very end. Texilas growth in the
    market of medical tourism in India is a testament
    to its growing partnership with the best Medical
    Service Providers across the country. With Texila
    American University Consortium as its backing,
    the company has a deeper understanding of the
    medical services it offers.

7
  • check out the link to know more
    https//texilamedicare.com/why-india-is-a-great-de
    stination-for-medical-tourism/
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