The therapeutic esteem travel industry has developed as one of the quickest developing portion of tourism industry in spite of the worldwide monetary downturn. As indicated by the FICCI – IMS Report, India is one of the key MVT goals in Asia with more than 500,000 remote patients looking for treatment. MVT can be a 9 billion USD opportunity by 2020 through satisfactory concentration and powerful execution.
India need to center around double targets of 'tourism kind disposition' and 'patient centricity'. Nonetheless, accomplishing the expressed vision of being 'The Provider to the World' would require composed endeavors by every single key partner.
India is rising as a favored healthcare goal for patients over the globe. Developing at an exacerbated yearly development rate (CAGR) of 27%, the inflow of medicinal vacationers in India is probably going to cross 3.2 million out of 2016. World class treatment and cutting edge healing centers in India have made an extremely good climate for patients with changing degrees of disease to profit the best offices for their treatment.
Our undertaking, through the 'Advantage Health Care – India 2017' is to exhibit India and its huge pool of restorative capacities and make open doors for healthcare coordinated efforts between the taking an interest nations.MEDICAL VALUE TRAVEL IN INDIA
MVT can be a 9 billion USD opportunity by 2020 through adequate focus and effective execution
As outlined above, India needs to diversify its sources of medical tourism and offerings to create a strong value proposition which would help India in becoming leader in medical tourism.
Thus with broader offerings catering to large set of global patient pool, India could accelerate its MVT growth from current estimates of 15% to 25%
However to tap this opportunity, India will have to focus on following considerations
Following are the key considerations for patients while deciding upon the destination for seeking treatment abroad.
ADVANTAGES OF HEALTHCARE AND WELLNESS INDUSTRY IN INDIA
State of the art Hospitals with Excellent Infrastructure
Largest pool of Highly qualified and skilled doctors
Well trained & caring nurses and paramedical staff
Latest and highly advanced medical devices
Affordable treatment at costs just 25%-30% of what it would cost in other countries
Absence of waiting time for treatment.
Fluent English-speaking and International languages speaking doctors, nurses and paramedical staff means no language problem for International patients
Ultramodern pharmaceutical manufacturing and packaging facilities
Large number of private hospitals that are accredited with the National Accreditation Board for Hospitals & Healthcare Providers (NABH) and Joint Commission International (JCI).
History of Indian system of medicine is over 5000 years old
'AYUSH', acronym of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy is widely practiced in India
India's Ayurveda and Yoga have emerged globally as the most effective ways for wellness of both mind and the body
The objective of this summit is to promote India as a Premier Global Healthcare Destination and to enable streamlined medical services exports from India. This underlying objective is a unique conglomeration of the ‘5 – Ts’ - talent, tradition, technology, tourism and trade.