Global medical travel industry to cross US$ 32 billion by 2019
The Dollar Business Bureau India is fast emerging as a preferred healthcare destination, while the value of global medical travel industry is expected to reach US$ 32.5 billion in the next four years, say experts. According to a study conducted by FICCI (Federation of Indian Chambers of Commerce and Industry) and KPMG, the global medical travel industry was estimated at US$ 10.5 billion in 2012. And, it is expected to grow at a compounded annual growth rate of 17.9% from 2013 to reach US$ 32.5 billion in 2019. India is fast emerging as a preferred healthcare and medical destination across the globe. Growing at the rate of 27% annually, the inflow of medical tourists in India is likely to ...
