A study on medical tourism destinations by KPMG-FICCI has ranked India among the top three in Asia. The study, titled Medical Value Travel in India, put India behind Thailand and Singapore. These countries receive the maximum medical tourists, the study said. In all, the three countries accounted for nearly 60 percent of medical tourists travelling to Asia.
The reason for the high percentage of medical tourists in these countries, according to the report, is the low cost of treatment, quality health care infrastructure and availability of highly-skilled doctors. In addition, these countries have also introduced various marketing strategies to attract medical tourists.
The report says that in past few years, Asia has taken the lead as one of the most preferred destination for medical value travel.
In context of India, the report said that India is known mostly for its cost-effective medical treatments along with high standards in cardiology, orthopaedics, nephrology, oncology and neuro surgery. The country is also known for its alternative treatment options such as yoga and ayurveda.
The study is based on the research that was conducted in India and other Asian countries. The study found that the sector has emerged as one of the largest sectors in India and in 2012 it earned an estimated 78.6 billion dollar. It poises to grow at an annual rate of 15 percent to reach 158.2 billion dollars by 2017.