Opportunities in Medical Tourism in India (2007)

Summary

This report "Opportunities in Medical Tourism in India (2007)" provides extensive research and objective analysis on the Medical Tourism industry in India. This report has been written to help clients in analyzing the opportunities critical to the growth of Medical tourism market in India. Detailed data and analysis will help investors to comprehend the changing dynamics of the Healthcare industry.

Key Findings

• With global revenues of approximately US$ 20 Billion (2005), the medical tourism industry is one of the world's largest industry. India's cost effective treatment makes it an important player in this industry.
• Growing Medical tourism in India will be one of the major sources for foreign exchange.
• With increasing number of non-insured population in western countries and increasing healthcare expenditure to GDP resulting in people opting for treatment choices outside their country.

Key Issues and Facts Analyzed

• What are the emerging trends in the Medical Tourism Industry in India?
• Key regulations and policy environment in the industry.
• What is the future scenario of the Medical Tourism Industry in India?
• What opportunities exist for the Medical Tourism Industry?
• What Challenges are faced by the industry?
• Who are the Key players in Indian medical tourism industry?
• Government initiatives to promote medical tourism in India.

Key Players Analyzed

This section provides the overview, key facts, financial information, future plans, and business strategies of prominent players in the Indian Healthcare market like Wockhardt Hospitals Ltd, Apollo Hospitals Enterprise Ltd, Fortis Healthcare Ltd, Max India Ltd, and SRL Ranbaxy.

Research Methodology

Information Sources
Information has been sourced from namely, books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to access to more than 3000 paid databases.

Analysis Methods
The analysis methods include the following: Ratio Analysis, Historical Trend Analysis, Linear Regression Analysis using software tools, Judgmental Forecasting and Cause and Effect Analysis.

Contents

• 1. Analyst View
• 2. Research Overview
• 3. Medical Tourism Industry Overview
  • 3.1 Medical Tourism Worldwide
  • 3.2 Medical Tourism in Asia
  • 3.3 Medical Tourism in India
• 4. Medical Tourism Industry Performance
  • 4.1 Ayurvedic Treatment
    • 4.1.1 Spa Therapy
  • 4.2 Syndicated Services for Medical Tourism
  • 4.3 Cost Comparison with Western Countries for Healthcare
    • 4.3.1 Increasing Healthcare Expenditure in US & UK
• 5. Industry Analysis
  • 5.1 Key Driving Forces
  • 5.2 Opportunities
  • 5.3 Challenges
  • 5.4 Future Outlook - Medical Tourism, 2012
• 6. Key Players
  • 6.1 Tourism Players
    • 6.1.1 Indushealth
    • 6.1.2 PlanetHospital
    • 6.1.3 Global Choice Healthcare
    • 6.1.4 MedRetreat
    • 6.1.5 Globe Health Tours
  • 6.2 Allopathic Hospital
    • 6.2.1 Wockhardt Ltd.
      • 6.2.1.1 Future Plans and Strategies
    • 6.2.2 Apollo Hospitals Enterprise Ltd.
      • 6.2.2.1 Future Plans and Strategies
    • 6.2.3 Max India Ltd.
      • 6.2.3.1 Future Plans and Strategies
    • 6.2.4 Fortis Healthcare Ltd.
      • 6.2.4.1 Future Plans and Strategies
    • 6.2.5 SRL- Ranbaxy
      • 6.2.5.1 Future Plans and Strategies
  • 6.3 Ayurvedic Resort & Spa
    • 6.3.1 Ananda - In The Himalayas
    • 6.3.2 Kairali Ayuavedic Health Resort
    • 6.3.3 Soukya
    • 6.3.4 Taj Ayurveda Centre
• 7. Annexure I: Regulatory Framework & Initiatives
• List of Figures:
  • Figure 3-1: Global - Medical Tourism Industry (in Billion US$), 2005-2010
  • Figure 3-2: Global - Medical Tourism Trips (in Million), 2005 & 2010
  • Figure 3-3: Asia - Healthcare Expenditure (%), 2005 & 2010
  • Figure 3-4: Asia - Earning from Medical Tourism (in Million US$), 2005
  • Figure 3-5: Asia - Arrival of Medical Tourists (in Numbers), 2005
  • Figure 4-1: India - Medical Tourism Industry (in Million US$), 2005 & 2006e
  • Figure 4-2: India - Arrival of Medical Tourists (in Numbers), 2000-2005
  • Figure 4-3: US - Healthcare Cost (in Trillion US$), 2003, 2005 & 2015
  • Figure 4-4: US - Healthcare Cost as % of GDP (2003, 2005 & 2015f)
  • Figure 4-5: UK - Healthcare Spending as % of GDP (2003-2005 & 2010f)
  • Figure 5-1: India & US - Success Rate of Cardiac Bypasses (%), May 2005
  • Figure 5-2: US - Uninsured People (in Million), 2004-2006e
  • Figure 5-3: India - Outsourcing Payer from US (in Billion US$), 2003-04 & 2007-08
  • Figure 5-4: India - Outsourcing Provider from US (in Billion US$), 2003-04 & 2007-08
  • Figure 5-5: India - Medical Tourism Industry (in Billion US$), 2007e-2012e
  • Figure 5-6: India - Arrival of Medical Tourists (in Million), 2007e-2012e
  • Figure 6-1: Wockhardt Ltd. - Stock Performance
  • Figure 6-2: Apollo Hospitals Company - Stock Performance
  • Figure 6-3: Max India Ltd. - Stock Performance
• List of Tables:
  • Table 3-1: India - Healthcare Infrastructure (in Numbers), 2005
  • Table 4-1: Medical Tourism - Syndicate between Hospitals, Insurance Companies & Tour Operators
  • Table 4-2: India vs UK - Cost Comparison (in US$)
  • Table 4-3: India & US - Procedure Charges* (in US$)
  • Table 4-4: India & US - Dental Treatment Procedure Cost (in US$)
  • Table 4-5: UK & US - Treatment & Associated Waiting Time (in Months)
  • Table 5-1: Different Range of Diagnostic Services
  • Table 5-2: Field of Treatment
  • Table 5-3: India - Key Competencies
  • Table 5-4: India - Healthcare Outsourcing Focus
  • Table 6-1: Wockhardt Ltd. - Key Financial Information (in Million Rs), 2004 & 2005
  • Table 6-2: Apollo Hospitals Company - Top Management
  • Table 6-3: Apollo Hospitals Company - Key Financial Ratios (2003-2005)
  • Table 6-4: Apollo Hospitals Company - Key Financials (in Rs), 2003-2005
  • Table 6-5: Max Healthcare - Key Financial Information (in Rs Crore), 2004-05 & 2005-06