Medical tourism, Healthcare sector offers huge potential | SupportBiz

Managing Growth

Medical tourism, Healthcare sector offers huge potential

“To make India a preferred destination for medical tourism, we need better infrastructure, need to promote nursing as a career option to have a sizeable workforce of skilled nurses and project opportunities that India offers in medical tourism,” said renowned Cardiologist and founder of Narayana Hrudalaya Dr Devi Shetty.

Dr. Shetty was speaking at a session on Medical and Health Services: Export Potential, titled Promoting Services Exports from India – Challenges, Opportunities and Issues, at the Services Conclave. The Conclave was organized by the Ministry of Commerce and Industry and the Confederation of Indian Industry (CII) in New Delhi.

Talking about the recent awarding of compensation to a patient in Kolkata, Dr. Shetty said that, there was a need to und

erstand the implications fully and cap the compensation, “especially if we want to promote medical tourism.”

Supporting Dr. Shetty’s views, Dr Naresh Trehan, Chairman and MD, Medanta, said, “While the quality of medical healthcare offered in India is excellent, we need to focus on medical education – the curriculum is antiquated by and large, and there is a pressing need to internationalize it at the undergraduate level.” He further added that, there is a need for good quality research, as there is a possibility to fuse the science of herbal medicine with modern medicine to create a new system of medicine that would be cheaper and could cater to a wider audience. “This is a great opportunity for India,” he opined.

Dr Madhava Varier, Managing Trustee, Kottakkal Arya Vaidya Sala, said that, the Ayurvedic system is a comprehensive system which offers excellent solutions, especially for prevention and treatment of lifestyle-related disorders and chronic diseases. “Trade and other enquires from the Gulf, US and Europe bear testimony to the fact that there is a demand for Ayurveda. Addressing issues such as regulatory hurdles, concept-related problems, and export related issues will boost the sector.”

Dr Shubnam Singh, Dean, Max Healthcare Institute Ltd said that, addressing issues related to mutual recognition agreement vis-à-vis accreditation, medical transcription and data protection need to be re-energized to boost the sector.