Medical Tourism in India-The Road Ahead

Among India's other service sectors, the medical sector is a prominent one. This industry employs almost 10 million people. In India, medical tourism is becoming more popular. Medical tourism industry of India is expected to be worth $5-6 billion by mid-2020. In the year 2017-4, 98, 056 number of patients have travelled to India for Medical and related treatments. As per the research record by the 'Federation of Indian of Chamber of Commerce' & Industry EY (Erust & Young consultancy company) in 2019, the majority of medical tourists visiting India are coming from southeast Asia, the Middle East, African and the SAARC countries. Allopathic, homoeopathic (AYUSH), Ayurveda, Unani, Siddha, and Tibetan medicine are among the treatments available in India. 'Primary health centres' (PHC), sub-centres, district level hospitals & community health centres are also the important part of the public health system (CHC). The private sector, which includes private dispensaries, private sector Hospitals, corporate hospitals, Trust and Charity hospitals, and also medical centres managed by NGO's, provides 80 % of health services in the country. India's healthcare industry is growing at a breakneck pace. This boom is promoted through government investment, private hospitals, and foreign support in public health initiatives. Three hundred million middle-class "healthcare customers" are creating a massive demand for excellent health care India has been a strong medical tourism destination as a consequence of its high-quality, low-cost medical services and the national government's LPG policy. During their holidays, European and American citizens are enticed to participate in health tourism. As a consequence, they obtain essential medical treatment and relaxation, which may be more costly in their native country or abroad. The purpose of this research is to find out what factors impact India's appeal as a health tourism destination and to examine the current situation of medical tourism in India. The analysis is based on secondary data such as Ph. D. theses, government agency websites, publications, and research papers, and concludes that some form of public-private collaboration between hospitals for medical treatment would be extremely beneficial. Medical tourism, the health-care sector, the Indian economy, and wellness tourism are some of the terms used in this article.