An analysis of Indian medical tourism in the wake of global recession

After having prosperous growth for several years, the world economy is facing some serious challenges in sustaining its energetic pace. Today no business sector is unaffected by the present global meltdown and everybody is talking of slowdown in business, as they say there is always a silver lining to the dark cloud, still in India there are few sectors which are expected to grow in this adverse situation and health sector is one of them. Healthcare is one of the largest sectors, contributing substantially to the increase in the GDP and urban employment, and this sector is expanding rapidly horizontally as well as vertically. Interest from private players, investors and government encouragement are making the sector extremely lucrative. This article is an attempt to analyze the Indian Healthcare Industry in detail with a view to reflect on the opportunities that exist, the challenges faced, emerging trends and the future scenario of the healthcare service sector in India.