India emerging as major destination for quality healthcare
Government is focusing on several areas including quality standards and easy visa processes to make India a global destination for healthcare services, commerce secretary Rita Teaotia said.
Teaotia said the country was emerging as a major destination for quality and affordable healthcare sector.
She added that the government is taking steps “in terms of making visas much more easy to obtain, much more flexible in terms of the administration.”
The secretary was addressing foreign and domestic delegates at the ‘Advantage Healthcare India 2015’ event here organised by Ficci and the commerce ministry. Delegates from 65 countries are participating in the three-day event.
She emphasised on the need to focus on quality standards and accreditation of hospitals and laboratories to enhance confidence of visiting medical tourists in the Indian healthcare system.
Thailand, Singapore and Malaysia are currently the market leaders in the global healthcare sector but “India is right up there and it is moving ahead” in terms of performance and market share over the years, she said.
She said India is a great location for foreign patients “because this is a place where entire gamut of healthcare sector finds place”.
The market size of India’s healthcare sector is expected to increase to USD 160 billion by 2017 from around USD 79 billion currently.
Further she said that the cost of treatment in India is also very low compared to western countries. Speaking at the event, tourism secretary Vinod Zutshi said that there is a need to market India as a top medical tourist destination. About 1.27 million medical tourists are visiting India annually from countries including the US, the UK, Sri Lanka, Bangladesh and China.
Facility of electronic-tourist visas have been extended by India to as many as 130 counties and in the coming years it will be increased to 150 countries. Meanwhile, a white paper released during the event suggested several steps to tap the potential of the sector.
It recommended simplified and relaxed medical visa regulations for patients; multiple entry medical visa; medical facilitation desk at Indian airports and faster immigration facilities for international patients at airports.
“Fiscal laws to be relaxed for genuine foreign patients , allowing them to transfer money to India in case of additional requirements and single consultative platforms to facilitate medical tourism,” it added.