Sharda University took part in the Advantage Healthcare India 2019 (5th International Summit on Medical Value Travel) organized by FICCI jointly with the Department of Commerce, Ministry of Commerce & Industry, Government of India. The seminar aims to promote India as a Premier Global Healthcare Destination and enable streamlined medical services exports from India.
Advantage Healthcare-India is to showcase India and its immense pool of medical capabilities as well as create opportunities for healthcare collaborations between the participating countries. The Exhibition showcased India's offerings and expense inhealthcare, in terms of Hospitals, Healthcare centres, AYUSH Hospitals, Educationalinstitution (Medical colleges, Nursing colleges, Pharma colleges & AYUSH colleges),Medical devices and Electronics, Pharmaceutical companies, Pharma machinery andpackaging, and associated infrastructure - medical tourism facilitators, hotels, airlines, tourand travel companies and TPAs.
Dr Anup Wadhawan, Secretary, Ministry of Commerce & Industry, Government of India, on Wednesday urged the healthcare industry to set up an online portal that will facilitate international patients coming to India for treatment. The portal will have relevant information and services to help patients plan their travel and treatment.
Speaking at the 5th International Summit on Medical Value Travel - ‘Advantage Healthcare India 2019’ organized by FICCI jointly with the Department of Commerce, Ministry of Commerce & Industry, Dr Wadhawan said, “Medical value travel is beyond just treatment, it’s treatment-plus and the industry should see what are the qualitative aspects that need to be improved in our healthcare services.”
Dr Wadhawan added that India has significant medical infrastructure, yet the majority of these are in the metro cities. To provide comprehensive medical coverage, it is imperative that rural areas should also have access to the latest and affordable healthcare.
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The FICCI-EY Knowledge Paper stated that Medical value travel (MVT) has evolved rapidly in the past two decades and elaborates on how many counties are trying to establish themselves as major MVT hubs. Other key takeaways included global medical travel market which was valued at US$53,768 million in 2017 and that the market is expected to grow at a CAGR of 12.9% from 2018-25.