MEDICAL TOURISM INDUSTRY IN INDIA
The Indian medical tourism industry is estimated to be valued at US$ 7.42 Billion in 2022 and it is projected to surpass US$ 42,24 Billion by 2032. According to the analysis, demand is expected to grow at a healthy 19% CAGR during 2022-2032.
Indian medical tourism accounts for approximately 8% of the global medical tourism market, due to:
Continuous advancements in healthcare
Continuous advancements in hospitals and other related areas have enabled improved healthcare delivery through the use of medical devices, wearables, surgical procedures, and linked technology. Moreover, India has world class medical institutions that produce highly trained and conpetent doctors, who not only serve in India but also all over the world.
Shifaco well connected operators
Shifaco is a well-connected medical tourism operator that arranges appointments for international Patients with relevant doctors after getting initial medical test reports review, organize hospitalization for great treatment, assist in accommodation and interpreter services.
Medical Treatment at optimal cost
According to the Medical and Health Tourism Congress (MHTC), medical care in India is significantly less expensive albeit no less competent than countries of Europe and North America, especially in different types of surgery, invasive procedures in cardiology and gastroenterology etc.