Healthcare companies worldwide are increasingly catering to the needs of international
patients, driven by the availability of affordable quality medical care, ease of travel, and
supportive government policies, according to GlobalData.
New Delhi: In our interconnected world, where technology has diminished the significance of
national borders, patients often seek the best healthcare options available, regardless of
location. This trend has significantly boosted medical tourism, a fact underscored by
discussions within healthcare companies that highlight its vast potential.
GlobalData’s detailed analysis of company filings indicates a strong focus on meeting the
demands of international patients. This includes providing access to highly skilled healthcare
professionals, cutting-edge treatments, and state-of-the-art facilities.
Other critical factors contributing to the appeal of medical tourism include affordable quality
medical care, improved travel connectivity, and favorable government policies. These
elements play a vital role in attracting medical tourists to various countries.
Misa Singh, Business Fundamentals Analyst at GlobalData, commented, “Companies are
strategizing to tap into this market by participating in international expos, expanding their
network of agents, and collaborating with or licensing technology to third parties in different
countries to offer therapies to patients traveling for treatment.”
Singh further noted, “Key discussion points also involve ensuring compliance with regulatory
requirements, building a strong reputation and brand in foreign markets, and launching
international patient support programs.”
Recognizing the potential to become leading destinations for medical tourists, governments
are amending policies to boost their medical tourism sectors. For example, India’s
introduction of e-Medical visas has significantly contributed to attracting medical travelers,”
Singh concluded.
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