Released on: July 20, 2008, 10:35 pm

Press Release Author: Shushmul Maheshwari

Industry: Healthcare

Press Release Summary: RNCOS has recently added a new Market Research Report titled,
\"Booming Medical Tourism in India\" to its report gallery. The report provides a
complete insight into the Indian medical tourism market.

Press Release Body: RNCOS has recently added a new Market Research Report titled,
\"Booming Medical Tourism in India\" to its report gallery. The report provides a
complete insight into the Indian medical tourism market. It evaluates the past,
present and future scenario of the Indian medical tourism market and discusses the
key factors which are making India a favorable medical tourism destination. Both
statistics and trends regarding market size, tourist arrivals, infrastructure,
accreditations, drivers and restraints have been thoroughly discussed in the report.

The research has found that India represents the most potential medical tourism
market in the world. Factors such as low cost, scale and range of treatments
provided by India differentiate it from other medical tourism destinations. The
growth in India’s medical tourism market is expected to serve as a boon for
several associated industries also, including hotel industry, medical equipment
industry and pharmaceutical industry.

Key Findings

- India offers vast range of medical treatments - from simple dental procedures to
the complex cardiac surgeries. Patients can save 60%-95% of their treatment costs by
undergoing treatment in India.
- Wellness tourism, comprising of spa, yoga and Ayurveda, has a very bright future
in India as foreigners are increasingly flocking to India to seek physical and
mental healing.
- In 2007, around 272,000 medical tourists visited India for medical tourism and
together, they brought US$ 656 Million in revenues.
- Lack of proper hospital accreditation system and inefficient laws against
malpractice can be the biggest factor limiting the growth of India’s medical
tourism Industry.
- India enjoys a considerable superiority over both Singapore and Thailand as
preferred medical destination.
- Both foreign employers and insurance firms are expected to outsource large share
of medical treatments to India.
- The Indian medical tourism market is expected to generate over US$ 2.5 Billion in
revenues by 2012.

Key Issues & Facts Analyzed

- Evaluation of past, current and future market trends.
- Market evaluation by segment.
- Discussion on the major drivers of the Indian Medical tourism market.
- Analysis of the opportunities created by the market.
- Analysis of the major challenges for the market.
- Study of the competitive landscape of the market.

Key Players Analyzed

This section provides the overview and key facts of prominent players in the Indian
medical tourism market, such as Apollo, Wockhardt, Fortis Healthcare and Max India.

Research Methodology Used

Information Sources
Information has been sourced from books, newspapers, trade journals and white
papers, industry portals, government agencies, trade associations, monitoring
industry news and developments, and through access to more than 3000 paid databases.

Analysis Methods
The analysis methods include ratio analysis, historical trend analysis, and linear
regression analysis using software tools, judgmental forecasting, and cause and
effect analysis.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

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