CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What percent does India currently has of the global medical tourism market?
A
15 %
B
16 %
C
17 %
D
18 %
Explanation: 

Detailed explanation-1: -Indian medical tourism accounts for approximately 6.5% of the global medical tourism market, due to the: The rise of inbound medical travel drives the growth of the medical tourism market in India.

Detailed explanation-2: -This has the capability to generate an additional $9 billion in patient inflow to India. To maximise the industry’s potential, the government is pulling out all its aces. The aim is to make India the No. 1 Destination for Medical Tourism in the world, tripling its revenue to $13 billion within 4 years.

Detailed explanation-3: -Medical tourism is a growing sector in India. In mid–2020, India’s medical tourism sector was estimated to be worth US$5–6 billion. In 2017, 495,056 patients visited India to seek medical care.

Detailed explanation-4: -Medical Tourism : Medical tourism means flocking of foreigners to a country (like India) for surgeries, liver transplants, dental and even cosmetic care.

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