Reportlinker Adds Indian Medical Tourism: An Emerging opportunity for Corporate Hospitals

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Jan 04, 2011, 07:23 ET

NEW YORK, Jan. 4, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Indian Medical Tourism: An Emerging opportunity for Corporate Hospitals

http://www.reportlinker.com/p0357283/Indian-Medical-Tourism-An-Emerging-opportunity-for-Corporate-Hospitals.html

Executive Summary

The Indian medical tourism is emerging as one of the most attractive medical tourism destinations in the world. The factors such as high cost of treatments in the developed countries, particularly the USA and UK, has been forcing patients to look for alternative and cost-effective destinations to get their treatments done. Consequently, emerging economies such as India, Brazil and Malaysia have emerged as a better option for patients as these offer high quality healthcare services at a cheaper cost. The preference for India is evident from the fact that approximately 570,000 patients visited the country in 2008 and infusing USD 880 million in the economy. Considering the growing potential of Indian medical tourism industry and inclination of foreign patients towards inexpensive medical facilities, the medical tourism industry in the country is expected to grow strongly in the next few years. The key objective of the report is to study the emerging opportunities and future prospects in the Indian medical tourism market. The report discusses various industry trends and growth drivers that are fueling growth in the market and tries to study their impact on the future scenario. Our research has found the government initiatives and branding efforts are going to be the major success factor for the Indian industry and accordingly the report gives detailed information of these and several such steps that has been proven useful for the Indian industry. The report "Indian Medical Tourism: An Emerging opportunity for Corporate Hospitals" also includes information on the key players in the industry and does a competitive benchmarking of these players. This will enable the target audience in understanding the contemporary industry scenario. This is also expected to help the decision makers in understanding the industry more precisely. Key findings of the report are: • The strong branding efforts of private players and government are going to be the major growth driver for the Indian medical tourism industry. Besides, the trend of medical tourism facilitator and increasing presence of Indian population in the Western countries is likely to promote the growth of medical tourism in India. • The medical tourism in India is projected to grow at a CAGR of over 10 per cent over the next few years. This growth figure may attract many healthcare services providers worldwide to invest in the Indian healthcare space. Resultantly, the FDI in the Indian medical tourism sector is likely to increase in next few years. • Most of the growth is likely to be in the complex treatment segments like cardiac and cancers. Treatments segments like dental and cosmetic will face a tough competition from other south East Asian countries.

Delivery Time

Three Business days

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: Indian Medical Tourism: An Emerging opportunity for Corporate Hospitals

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