Netscribes' latest market research report titled Medical Tourism Market in India 2014 analyses the growth of the market due to the availability of healthcare facilities in the country which are comparable to developed countries and is available at costs that are several times lower than the latter. Currently, the market is witnessing heavy inflow of international patients and this is expected to increase in coming years. Apart from the low costs, increase in the inflow of foreign patients is resulting from the fact that the minimum waiting time is required for a treatment in India and the rising demand for alternative medicine available here. The major medical destinations in India such as Tamil Nadu and Maharashtra provide first class facilities to international patients.
Factors leading to the growth of market are the availability of high quality treatment at low costs, increasing demand for fertility treatments, alternative medicine, aesthetic pleasure and convenience to patients. The main challenges to the market are regulatory issues, no provisions for follow up care, unsuitable environment and problems associated with travelling, lack of international accreditations and strong competition from other Asian countries. The government is involved in promotional activities and provides several incentives to help the market grow. The market players can be categorised as hospitals and medical tour facilitators. The market is dominated by private hospitals as they provide an end-to-end service that combines personalized services rendered in the hotel industry to top-of-the-line quality healthcare.
Slide 1: Executive Summary
Slide 2: GDP at Factor Cost: Quarterly (2010-11, 2011-12, 2012-13, 2013-14), Inflation Rate: Monthly (Jul 2013 - Dec 2013)
Slide 3: Gross Fiscal Deficit: Monthly (Feb 2013 - Jul 2013), Exchange Rate: Half Yearly (Aug 2013 - Jan 2014)
Slide 4: Lending Rate: Annual (2008-09, 2009-10, 2010-11, 2011-12), Trade Balance: Annual (2009-10, 2010-11, 2011-12, 2012-13), FDI: Annual (2009-10, 2010-11, 2011-12, 2012-13)
Slide 5: Medical Tourism Market - Overview
Slide 6: Medical Tourism in India - Overview
Slide 7: Global Medical Tourism Destinations
Slide 8: Medical Treatments provided in India
Slide 9: Global Medical Tourism Market - Market Overview Forecasted Market Size and Growth (Value-Wise; 2013 - 2018e)
Slide 10: Medical Tourism Market - Market Overview Forecasted Market Size and Growth (Value-Wise; 2013 - 2018e)
Slide 11: Medical Tourism Market - Overview and Share of Medical Tourists Arrival in India (2013)
Slide 12: Main Operators in Medical Tourism Market
Slide 13: Foreign Tourist Arrivals in India (2009 - 2014) and Foreign Exchange Earnings from Tourism (2009 - 2014e)
Slide 14: Cost Comparison of Treatments between Several Countries
Slide 15-17: Services offered in the Indian market
Medical Tourism Destinations
Slide 18-19: Medical Tourism Destinations in India
Drivers & Challenges
Slide 20: Medical Tourism Market - Drivers and Challenges summary
Slide 21-27: Drivers
Slide 29-31: Challenges
Slide 32: Government Regulations - Summary
Slide 33-37: Major Government Regulations
Slide 38: Trends - Summary
Slide 39-40: Trends
Slide 41: Porter's Five Forces Analysis
Slide 42-46: Competitive Benchmarking (FY 2013)
Slide 47-51: Major Public Player
Slide 52-67: Major Private Players
Medical Tour Facilitators
Slide 68-87: Major Private Players
Slide 88: Strategic Recommendations
Slide 88-89: Ratio and Calculations and Secondary Research
1. Fortis Healthcare Ltd.
2. Apollo Hospitals Enterprises Ltd.
3. Max Healthcare Institute Ltd.
4. Global Health Pvt. Ltd.
5. Bonanza Medical Tourism Pvt. Ltd.
6. Erco Travels Pvt. Ltd.
7. Forerunners Healthcare Consultants Pvt. Ltd.
8. Sahara Medical Tourism