Advantage Health Care - India 2019, the 5th International Summit on Medical Value Travel will be held at India Expo Centre and Mart, Greater Noida, India from November 13 to 15, 2019.
The Summit is organised by Ministry of Commerce and Industry, Federation of Indian Chambers of Commerce and Industry (FIICI) and Service Export Promotion Council (SPEC). This is the first ever International Summit on Medical Value Travel being organized in India for promoting services exports from India.
Exhibition with focus on Hospitals, Healthcare centers, AYUSH Hospitals, Educational institutions (Medical colleges, Nursing colleges & AYUSH colleges), Medical devices and Electronics and associated infrastructure – medical tourism facilitators, Hotels, Airlines, Tour and travel companies and TPAs. There will be knowledge sharing program where internationally renowned Indian doctors and AYUSH experts will deliver lectures on different topics.
Reverse Buyer Seller Meeting and planned B-2-B sessions with hosted delegates from more than 60 identified countries of Africa, Middle East, CIS and Asia (including SAARC) are also organised. Health Ministers’ Round Table Session with Health Ministers invited from the selected 60 countries will discuss issues encompassing Medical Value Travel and formulating a way forward.
The Summit helps Indian healthcare providers and Global healthcare stakeholders on one platform and B-2-B meetings and tie-ups with hospitals and healthcare centres. In the medical devices sector there are opportunities for encouraging foreign companies to start manufacturing in India with local partners.
The medical value travel industry has emerged as one of the fastest growing segment of tourism industry despite the global economic downturn. According to the FICCI – IMS Report, India is one of the key MVT destinations in Asia with over 500,000 foreign patients seeking treatment. MVT can be a 9 billion USD opportunity by 2020 through adequate focus and effective execution.
India need to focus on dual objectives of “tourism friendliness” and “patient centricity”. However, achieving the stated vision of being “The Provider to the World” would necessitate coordinated efforts by all key stakeholders.
India is emerging as a preferred healthcare destination for patients across the globe. Growing at a compounded annual growth rate (CAGR) of 27%, the inflow of medical tourists in India is likely to cross 3.2 million in 2016. World class treatment and state of the art hospitals in India have created a very favorable atmosphere for patients with varying degrees of illness to avail the best facilities for their treatment.