Page 2 - Medical Tourism

India earned $7,400 mn through medical tourism in last decade: Officials

India generated an income of USD 7,400 million through medical tourism over the last decade, and the figure is expected to rise to USD 43,500 million in the next 10 years, officials said on Wednesday. The health sector in India has seen many private investments in the past five years, they said at the Indian Chamber of Commerce-organised BIMSTEC Health Forum here. Among the issues discussed by the delegates were the inclusion of mental health under overall health, focus on universal health coverage, telemedicine, information sharing, human capital exchange and collaborative opportunities. Because BIMSTEC nations are sensitive to climate change, coordination between the commercial and public healthcare sectors, as well as the government, is required to effect good change while keeping the environment in mind, an official said. Medical tourism is a recognised export from two BIMSTEC members -- India and Thailand. A partnership with the Thai government has also been proposed to adopt

India received 1.4 million medical tourists in last one year, says minister

Bhushan also urged G20 members to integrate health initiatives across multilateral forums like G7 and the World Bank, thereby, creating an agile global health architecture

National strategy, Roadmap formed to boost medical tourism: Govt

Ministry of Tourism has formulated a national strategy and roadmap for medical and wellness tourism in order to boost medical tourism in the country, said Union Minister G Kishan Reddy in Lok Sabha

India was world's No. 1 in handling Covid: Apollo Hospitals founder

In a Q&A, Prathap Chandra Reddy talks about the need to focus on medical tourism and medical education to meet the demand of 18 million professionals in the sector by 2030

ITDC signs pact with Ministry of Ayush for promoting medical tourism

The India Tourism Development Corporation has signed a pact with the Ministry of Ayush for promotion of medical tourism in the field of Ayurveda and other traditional systems of medicine. Under the agreement, the ITDC will promote "Heal in India Medical Value Travel in Ayurveda, Yoga and other Indian traditional systems of medicine", a statement said. It will also as assist in establishing the country as the number one destination for medical value travel in consultation with the Ayush and Tourism ministry, the ITDC statement said. Medical value travel, also known as health tourism or medical tourism is defined as travel for the purpose of maintaining, improving or restoring health through medical intervention. Under the Memorandum of Understanding, ITDC will explore establishing Ayurveda and yoga centres in hotels run by it. The pact was signed in the presence of Pramod Kumar Pathak, special secretary- MoA, SRK Vidyarthi, director, MoA, and Piyush Tiwari - director, commercial a

Medical value travel key to address disparities in healthcare system: Govt

One of the highlights of three days meeting was a side event on Medical Value Travel

Mansukh Mandaviya appeals to global stakeholders to partner with India

Union Health Minister Mansukh Mandaviya invited all the global stakeholders to partner with India to make the world a healthier place and said that the govt is institutionalizing medical tourism

Search underway for medical transport plane that crashed off Hawaii coast

All Hawaii Life Flight transports have been temporarily paused as a standard procedure, report

After 2 years of pandemic, medical tourism in India on a rise: Report

The 'flattening' of the third wave of Covid-19, easing restrictions and removing government quota on private hospitals can be attributed to the rise in medical tourism

Explained- What is Medical Tourism?

Medical tourism is back with a bang in India, after being nearly reduced to naught during the two years hit by the Covid-19 pandemic. India, in recent years, has emerged as a major hub for medical tourism. The nation also has a highly skilled medical fraternity, making it an attractive location. Visit business-standard.com for more news, views and insights

Medical tourism is set to beat pre-Covid-19 levels in next two quarters

Meanwhile, traditional Indian medicine centers have once again started receiving patients from overseas

How is Viren Shetty taking Narayana Health biz close to US shores?

In a chat with Business Standard's Sohini Das, executive vice-chairman of Narayana Health, Viren Shetty tells about expansion plans within and outside India, and lessons learnt during the pandemic

TMS Ep156: Non-compete clause, AYUSH, markets, Russia's foreign default

Is invoking a non-compete clause to retain employees right? Will India become a hub for traditional healing? What are investors thinking about the market? Why foreign defaults await Russia? Allnswers

Will India become a global hub for traditional healing after AYUSH push?

PM Narendra Modi recently announced a set of measures to boost traditional medicines. The govt is now introducing a special AYUSH visa category along with a marking system to authenticate quality

Govt to launch AYUSH visa for traditional medical tourism, set up parks

To launch AYUSH mark for standardisation of products in traditional medicine

Corporate Hospitals say medical tourism to touch pre-Covid levels by H2FY23

From nil revenues, it has already climbed back to 50% of pre-pandemic levels

India has everything to be hub of medical tourism, says PM Modi

Prime Minister said the Pradhan Mantri Ayushman Bharat Infrastructure Mission aims to address the critical gaps in health infrastructure

Afghan unrest may cause Rs 2 billion hit to India's medical tourism

The ongoing political unrest in Afghanistan may have huge economical impact on India's medical tourism

Pandemic to shave off 40% operating profit of private hospitals: Report

The Crisil report released on Tuesday, however, noted that a large number of pandemic cases, which though is low-margin, will get these hospitals an additional revenue to the tune of 15-20 percent

India Coronavirus Dispatch: NCDC report notes shortcomings in Delhi model

Medical tourism on the rise again, isolation posters outside homes to end, fear of case surge in Bengal ahead of Durga Puja--news on how the country is coping with the pandemic