Feb. 10, 2014 14:59 UTC

Research and Markets: The Indian Medical Tourism Industry to Register a CAGR of More Than 20% During 2013-2015

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/hfjzrz/booming_medical) has announced the addition of the "Booming Medical Tourism in India" report to their offering.

This research on Indian medical tourism is an outcome of extensive primary and secondary research, and a thorough analysis of various industry trends. According to the report, India has managed to match-up with the quality of healthcare services that are being provided in developed countries. The qualified medical staff, adoption of advance technology and improving healthcare infrastructure has made India an attractive destination for patients all over the world. Based on the analysis provided in the latest research report Booming Medical Tourism in India, the author anticipates that the Indian medical tourism industry will register a CAGR of more than 20% during 2013-2015.

The advantage of cost competitiveness further contributes to the factors responsible for making India a preferred destination for medical tourists. The authors studied each market segment in detail in the report, and included its cost-comparison with other countries.

Extensive research and analysis also revealed that many private information agencies in India are offering attractive packages to medical tourists. They offer customized travel and treatment itineraries to the international patients, which include personalized treatment packages depending on individual needs and assistance throughout the stay.

It has also been observed that alternative traditional medicine like ayurveda, pranic healing, aromatherapy, music therapy, meditation and yoga are becoming popular among the medical tourists. Many tourists come to India to seek the divine peace and healing power provided by these alternative medical therapies. This provides India an extra advantage over the other countries.

Further, the authors have covered various government initiatives that provided a positive impact on the medical tourism market in India.

Companies Mentioned:

- Apollo Hospitals Enterprise Ltd.

- Fortis Healthcare Ltd.

- Max India Ltd.

- Wockhardt Ltd.

For more information visit http://www.researchandmarkets.com/research/hfjzrz/booming_medical

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Research and Markets
Laura Wood, Senior Manager
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Sector: Healthcare and Medical Devices

Source: Research and Markets