Publicação

India medical tourism analysis and forecasting

Detalhes bibliográficos
Resumo:	Medical tourism worldwide and in India is on rise. Figures of medical tourism arrivals in India for 2014, 2015 & 2016 suggest of a significant growth. The medical tourism nowadays in India is a leading player in the medical tourist/healthcare facilitation industry. It is increasingly emerging as the destination of choice for a wide range of medical procedures. There are numerous advantages of going to India for treatment. A number of actions have been taken by the Government to attract medical tourists to the country. This study was undertaken to analyse the growth trends in medical tourism in India over a period of 2014-2017 and also to project the medical tourism arrivals over the next couple of years using the sophisticated ARIMA method of trend projection. A major rise in tourist arrivals was noted in the year 2016 when the number of Medical Tourism Arrivals (MTA) shot up from 234 thousand in 2015 to 427 thousand in the year 2016. This was a rise of 83% over the last years and changed tendencies for the projections for the years to come. The made forecast for medical tourism arrivals in India for the years 2018-2020 is encouraging. The projections show a great potential for the country to earn valuable foreign exchange through medical tourism. The average figure of the forecast is 662 thousand tourists in 2018 and 791 thousand tourists in 2019 and 925 thousand tourists in 2020. India has a huge cost and expertise advantage which if leveraged through proper publicity can make it one of the leading medical tourism destinations in the days to come. The Government should step-up its efforts in this direction with aggressive publicity policies.
Autores principais:	Ahire, Manoj Popatrao
Assunto:	India Medical tourism Inbound medical tourism Forecast ARIMA model30
Ano:	2019
País:	Portugal
Tipo de documento:	dissertação de mestrado
Tipo de acesso:	acesso aberto
Instituição associada:	Instituto Politécnico de Bragança
Idioma:	inglês
Origem:	Biblioteca Digital do IPB

Descrição
Resumo:	Medical tourism worldwide and in India is on rise. Figures of medical tourism arrivals in India for 2014, 2015 & 2016 suggest of a significant growth. The medical tourism nowadays in India is a leading player in the medical tourist/healthcare facilitation industry. It is increasingly emerging as the destination of choice for a wide range of medical procedures. There are numerous advantages of going to India for treatment. A number of actions have been taken by the Government to attract medical tourists to the country. This study was undertaken to analyse the growth trends in medical tourism in India over a period of 2014-2017 and also to project the medical tourism arrivals over the next couple of years using the sophisticated ARIMA method of trend projection. A major rise in tourist arrivals was noted in the year 2016 when the number of Medical Tourism Arrivals (MTA) shot up from 234 thousand in 2015 to 427 thousand in the year 2016. This was a rise of 83% over the last years and changed tendencies for the projections for the years to come. The made forecast for medical tourism arrivals in India for the years 2018-2020 is encouraging. The projections show a great potential for the country to earn valuable foreign exchange through medical tourism. The average figure of the forecast is 662 thousand tourists in 2018 and 791 thousand tourists in 2019 and 925 thousand tourists in 2020. India has a huge cost and expertise advantage which if leveraged through proper publicity can make it one of the leading medical tourism destinations in the days to come. The Government should step-up its efforts in this direction with aggressive publicity policies.