According to a new report by Research and Markets, the medical tourism in India will continue to grow through the year 2012. The report, entitled “Booming Medical Tourism in India”, reports that medical tourism remains the fastest growing segment of the economy in India.
According to the report, by the end of 2012, the medical tourism industry of India will grow by 2.4%.
The revenue of the medical tourism industry is expected t o climb to US $ 2.4 Billion by 2012. This means that the industry is expected to grow at a CAGR of over 27% from 2009 to 2012. According to the report, the medical tourism patients will reach over 1 million by 2012.
India is one of the countries that represent the highest potentials when it comes to attracting a huge number of foreign patients. The factors that make India a top medical tourism destination are: low healthcare cost, the wide range of treatments and health care available and the scale of the health industry in India. There are over 3,000 hospitals all over India. There are about 726, 000 practitioners that are registered to provide traditional health care to patients.
The report published by Research and Markets discuss the statistics and trends of medical tourism in India including the existing infrastructures, accreditations, tourist arrivals and other factors that affect the industry in India. The comprehensive report is divided into the following chapters: Key Market Trends and Developments, Market Segmentation, Cost Analysis, Government Initiatives, and Industry Restraints.