RNCOS Research - Medical Tourism - The Next Awaiting Avenue for Indian Tourism Industry

Released on = June 13, 2006, 9:58 pm

Press Release Author = RNCOS

Industry = Industrial

Press Release Summary = RNCOS Research: (http://www.rncos.com/Report/IM039.htm)
Backed by the boom in medical tourism, the tourism industry in India is sure to
register tremendous growth in the years to come.

Press Release Body = RNCOS Research: (http://www.rncos.com/Report/IM039.htm) Growing
impressively, the medical tourism has emerged as a major contributor to the overall
tourism industry in India.

Offering a number of alternative systems of medicine, such as ayurveda, meditation,
yoga and so on, to choose from, India seems to have become the latest hub for the
patients from countries such as New Zealand, Australia to name a few. Whether it's
some chronic disease or a cosmetic surgery, people are flocking to India in search
of relief from high costs and long waiting lists in their countries. During the
year 2005 alone, about 1,53,000 foreigners landed in India to take advantage of the
comparatively low priced and efficient medical services offered by the country.

A few of the reasons why the medical tourism has observed such a remarkable growth
during the recent years include:

The reputation earned by the Indian medical professionals all over the world. A
number of prominent hospitals throughout US, UK and Canada comprise of Indian
nurses, doctors & paramedics, who are the backbone of the overall healthcare systems
of these countries.

Medical procedures in India cost just a quarter as compared to the West and also
the quality is as good as that of the international standards.

As per a recent market research report named, "Indian Tourism Industry Outlook
(2006)", published by RNCOS, "The medical system in India has the potential to lure
more than one million medical tourists every year".

As per experts at RNCOS, "The number of foreigners visiting India for medical
treatment is growing at a rate of 17% per year". "The foreign patients are likely to
spend about $2.5 billion on medical treatment in India by the year 2012", further
added experts.

Report highlights:

Latest developments in the tourism industry in India.
Overview of Indian tourism industry in global perspective.
Introduction to the tourism industry in the Asia Pacific region.
Factors that influence the growth of the tourism industry in India.
Analysis of key players in this sector along with the strategies adopted by them
for the further growth of the industry.
Future predictions about the industry for the years to come.

About RNCOS:
RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/IM039.htm
For more information about the report please visit www.rncos.com


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com

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