Sustaining the growth trajectory of India as a medical tourism destination

With an impressive mean annual growth rate of 30% over the last few years the Indian medical tourism is emerging stronger as one of the most promising medical tourism destinations in the world. According to a report published by Transworldnews in 2013 the Indian medical tourism is expected to have a 3% global share in the medical tourism industry and sustain a CAGR of around 26%. The Deloitte report even acknowledges and specifically states that India will achieve a CAGR of around 30%. Medical tourism in India is generating an annual revenue of around $3 billion and is expected to grow significantly in the next five years. The growth and revenue generation has led many corporate houses in India to...

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