Released on: November 27, 2007, 12:58 am

Press Release Author: Shushmul Maheshwari

Industry: Healthcare

Press Release Summary: Cost advantage with no compromise on the quality of service
makes India a preferred destination for medical treatment, and hence, the Indian
medical tourism industry needs no intensive care to grow.

Press Release Body: RNCOS, the leading market research consulting services company,
has recently published its comprehensive report “Indian Tourism Industry
Forecast (2007-2011)” to present a rational analysis of the Indian tourism
industry. According to the report, the tourist arrival in India is expected to grow
at a CAGR of over 22% for the period 2007-2011.

The report considers the Indian medical tourism industry an important part of the
Indian tourism industry and holds immense growth potential. The medical tourism
sector had experienced a phenomenal growth in the flow of medical tourists - from
10,000 patients in 2000 to stupendous 180,000 by 2005.

The report identifies that India stands as one of the most preferred destinations
for medical tourism combined with attractive vacation packages. It assures the
visitors not only a chance to get properly cured but also to enjoy vacation at their
favorite destination.

A Senior Research Analyst at RNCOS says that the phenomenal success of the Indian
medical tourism industry is because of declining financial state of national health
services in several western countries and the need to treat the uninsured patients.
These factors will force the insurance companies to look at Indian hospitals,
thereby creating huge prospects for the Indian medical tourism industry. As many
western countries (that depend on insurance) have fragile health services, the
Indian corporate hospitals can leverage from the opportunity by making a concerted
effort to attract more foreign patients.

The research says that the Indian medical tourism not only provides cost benefit and
better quality treatment to the patients coming to India, but also acts as a source
of foreign exchange for the country.

The rising status of India as a preferred business destination, 2010 Commonwealth
Games, and strong efforts by the Tourism Ministry of India will give a significant
boost to the Indian tourism industry while opening plethora of opportunities for
related industries like hospitality and aviation.

“Indian Tourism Industry Forecast (2007-2011)” provides keen insight
into the Indian tourism industry by prudently analyzing various aspects such as
tourist arrivals, tourism expenditure, and length of stay by the domestic and
international tourists and its influence on related industries.

The market research report also covers key issues like industry analysis, and
driving forces of this industry, to present a rational future outlook of the Indian
tourism industry.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM531.htm
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Web Site: http://www.rncos.com

Contact Details: RNCOS E-Services Pvt Ltd.
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com