Soaring medical cost in countries like U.S. has made India the next prominent destination for medical tourism . Millions of NRI plan their medical treatment and surgeries in India to get treated by lower healthcare costs available and at the same time enjoy their recuperative holidays across India.
Medical tourism is a highly expanding sector in India and is expected to experience an annual growth rate of 3O percent, making it a 9,500-crore industry by 2015. NRI''s are finding the prospect of international travel for medical care increasingly appealing. With medical tourism one can mix health with pleasure trips just as businessmen merges business with pleasure.
It is estimated that around 150,000 of people travel to India for low-priced healthcare procedures every year. In the year 2008 a survey was conducted by the Associated Chambers of Commerce and Industry of India (Assocham) where it estimated that India is set to earn 80 billion ($1.87 billion) a year in foreign exchange from medical tourism by 2012 and looking at the current influx of NRI coming to India for medical tourism it seems to hold true.
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