Medical Tourism in India
EXECUTIVE SUMMARY
The study aims at finding the current scenario of Medical Tourism and also to get an overview of the healthcare industry in India. The survey also aims at finding out the performance of various hospitals in the region based on certain parameters and criteria’s to judge the market viability of medical tourism. But in order to full appreciate the survey one needs to understand the term Medical Tourism ad the current Indian and Global scenario of Medical tourism and its practices in India.
Medical Tourism (also called medical travel, health tourism or global healthcare) is a term initially coined by travel agencies and the mass media to describe the rapidly-growing practice of travelling to another country to obtain health care.
Such services typically include elective procedures as well as complex specialized surgeries such as joint replacement (knee/hip), cardiac surgery, dental surgery and cosmetic surgery. The provider and customer use informal channels of communication –connection – contract, with less regulatory or legal oversight to assure quality and less formal resource to reimbursement or redress, if needed.
Leisure aspects typically associated with travel and tourism may be included on such medical travel trips. Prospective medical tourism patients need to keep in mind the extra cost of travel and accommodation when deciding on treatment locations.
A specialized subset of medical tourism is reproductive tourism, which is the practice of travelling abroad to undergo in-vitro fertilization and assisted reproductive technology treatments.
OBJECTIVES OF THE RESEARCH
* To get an overview of the healthcare industry in India. * To analyze the current scenario of Medical Tourism in India
RESEARCH METHODOLOGY
1) Research design – Exploratory a. Literature Survey – The existing literature about Medical Tourism has been studied and reviewed. 2) Data Collection Method – The research report is based on
The study aims at finding the current scenario of Medical Tourism and also to get an overview of the healthcare industry in India. The survey also aims at finding out the performance of various hospitals in the region based on certain parameters and criteria’s to judge the market viability of medical tourism. But in order to full appreciate the survey one needs to understand the term Medical Tourism ad the current Indian and Global scenario of Medical tourism and its practices in India.
Medical Tourism (also called medical travel, health tourism or global healthcare) is a term initially coined by travel agencies and the mass media to describe the rapidly-growing practice of travelling to another country to obtain health care.
Such services typically include elective procedures as well as complex specialized surgeries such as joint replacement (knee/hip), cardiac surgery, dental surgery and cosmetic surgery. The provider and customer use informal channels of communication –connection – contract, with less regulatory or legal oversight to assure quality and less formal resource to reimbursement or redress, if needed.
Leisure aspects typically associated with travel and tourism may be included on such medical travel trips. Prospective medical tourism patients need to keep in mind the extra cost of travel and accommodation when deciding on treatment locations.
A specialized subset of medical tourism is reproductive tourism, which is the practice of travelling abroad to undergo in-vitro fertilization and assisted reproductive technology treatments.
OBJECTIVES OF THE RESEARCH
* To get an overview of the healthcare industry in India. * To analyze the current scenario of Medical Tourism in India
RESEARCH METHODOLOGY
1) Research design – Exploratory a. Literature Survey – The existing literature about Medical Tourism has been studied and reviewed. 2) Data Collection Method – The research report is based on