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25-Feb-2008
A new study on medical tourism in India has concluded that the industry has significant potential.
The Export-Import Bank publication, entitled 'Healthcare Tourism: Opportunities for India', revealed that the nation welcomed around 500,000 foreign patients in 2006 and that their treatment generated over $600 million (£309 million) in revenue.
Figures show that India's medical tourism industry is growing by around 30 per cent each year, with patients often combining elective surgery with a post-operative holiday where they can enjoy the nation's ancient Ayurvedic healing systems.
The report was launched on February 21st at the fourth Nutraceutical Summit in Mumbai and Shri TC Venkat Subramanian, chairman and managing director of Export-Import Bank of India, spoke at the event.
He noted that there are many advantages to India's healthcare system, including cost-effective care, skilled professionals, a reputation for successful treatment, and rapid advances in technology.
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