Growth and Opportunity of Medical Tourism in the Indian Healthcare Sector: A Critical Review

Growth and Opportunity of Medical Tourism in the Indian Healthcare Sector: A Critical Review

Copyright: © 2024 |Pages: 12
DOI: 10.4018/979-8-3693-2248-2.ch013
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Abstract

The aim of the study is to explore the growth and opportunity of medical tourism in context to Indian healthcare. Advancements in science and technology have made it possible for transcontinental healthcare services to exist. In addition to offering standard tourist amenities, medical tourism aims to attract visitors by purposefully promoting its healthcare offerings. Based on extensive literature review, factors impacting inclusive growth and medical tourism in India. Medical tourism—also known as wellness tourism, medical travel, or health tourism—was first used by travel firms and the media to refer to the quickly expanding trend of people traveling abroad for medical treatment. The health care industry is becoming more globalized, and many developing nations like India which have the means and potential to meet this demand. Furthermore, have become interested in the recent surge in demand for affordable, high-quality medical care. Nowadays, because medical care in India is so affordable, people from other nations travel there for procedures including knee transplants, hip replacements, heart surgery, cosmetic surgery, and dental work. While medical tourism is a relatively new phenomenon, it is growing at an exponential rate and is becoming a significant contributor to the global expansion of services exports. Among the leading nations in this sector is India. Medical tourism is a crucial source of income, particularly for underdeveloped countries. Hence, it can be concluded that both the destination countries and the patients benefit from it.
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1. Introduction

The term “medical tourism” describes the practice of visiting other nations to get medical facilities. It also describes the practice of medical service professionals traveling the world to give top-notch medical facilities. The travelers are seeking both straightforward and intricate specialist surgeries, such as dental work, joint replacement (hip/knee), cosmetic procedures, and cardiac surgery. These days, all forms of healthcare are offered, including complementary and alternative therapies, psychotherapy, convalescent care, and even funeral services. The majority of the time, informal channels of communication connection contracts are established between service providers and clients. According to Shanmugam (2013), India began promoting medical tourism after a study revealed the enormous potential of this industry. The government's large-scale, low-budget marketing effort to draw tourists, “Incredible India,” was launched by the Ministry of Tourism in the same year. The next year, Jaswant Singh, the finance minister at the time, pushed for the development of airport infrastructure to facilitate the entry and exit of medical tourists and demanded that the nation become a “global health destination.”

Figure 1.

India's medical tourism industry structure

979-8-3693-2248-2.ch013.f01
Source: (Dawn, 2011)
  • Wellness tourism: Spas, Stress relief, rejuvenation centres

  • Alternative systems of medicine: Ayurvedics, Siddha treatment for diseases e.g. Arthritis, Rheumatism

  • Cosmetic surgery: Dental Care, Plastic Surgery, Breast enhancement, Tummy reduction, Skin Treatment

  • Advanced and life savings healthcare: Open transplants, cardio vascular surgery, Eye treatment, Hip Replacement, In vitrio fertilization

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