Medical a regulator and also as a

Medical tourism in India has emerged as one of the
fastest growing segment of tourism industry. India as a medical tourist
destination is unique as it offers holistic medicinal services
with yoga, meditation, ayurveda, allopathy and other medical facilities. It
offers a unique basket of services to an individual that will be difficult to
match in other countries. The Indian medical tourism industry is presently at a
blossoming stage, but has an enormous potential for future growth and
development. As healthcare turns costlier in developed countries, India’s medical tourism
market is expected to more than double in size from USD 3 billion at present to
around USD 8 billion by 2020. For Indian healthcare institutions,
cost advantage is the biggest benefit, followed by availability of accredited facilities.

India is in an advantageous position to tap the global opportunities in
the medical tourism sector. The government’s role is crucial to the development
of medical tourism. The government should take steps in the role of a regulator
and also as a facilitator of private investment in healthcare. Mechanisms need
to be evolved to enable quicker M visa grants to foreign tourists for medical
purposes. The biggest challenge is to position India as a favorable healthcare
destination by setting high health standards and work in association with the
government and the medical council to see to it that all hospitals keep up to
those standards. Further, India is the birthplace for a large global pool of
qualified doctors who are practicing in foreign countries because for greener
pastures. Such experienced doctors would be keen to return to their country
i.e. India, if they get good pay packages and sound infrastructure and other facilities.
Therefore, all efforts should be made to reverse this brain drain. Such doctors
will bring with themselves a captive patient base from such foreign countries
and their goodwill and reputation will also help the country in building a
brand in Medical tourism industry.

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