The on-line medical tourism sector is growing on a global scale With 1.2 million to 1.4 million Americans annually seeking health-care services abroad, the medical sector experienced an average increase of 23% per year in the last decade. Top medical tourism destinations for people living in the US include: Mexico, Colombia, Barbados, Hungary, India, Thailand.
The UAE-based healthcare conglomerate VPS Healthcare is entering India by acquiring majority stake in Lakeshore Hospital in Kerala, a tertiary level super specialty hospital and pioneer in large-scale health tourism.
A market study on the global tourism market, recently published by Transparency Market Research (TMR) estimates this market to rise at an exceptional CAGR of 17.90% over the period from 2013 to 2019 and reach a value US$32.5 bn by the end of the forecast period.The research report, titled “Medical Tourism Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013.
Nagpur: Development of newer devices and the constant advancements in their working has helped several branches of medicine. Diagnosis, treatment and management of several chronic and even some life threatening conditions have become easier due to these devices.