Advantage Healthcare India 2017, the third international summit
on medical value travel (medical tourism) jointly organized by FICCI, Dept. of
Commerce, Ministry of Commerce & Industry, Govt. of India, and Service
Export Promotion Council (SEPC), will be held at Bengaluru from October 12-14, 2017.
The
launch of the mega event was officially announced by Nirmala
Sitharaman, Minister of State (Independent Charge) for Commerce &
Industry, Govt. of India, in the presence of Rita Teaotia, Secretary, Sudhanshu
Pandey, Joint Secretary, and Anup Wadhawan, Additional
Secretary with Dept. of Commerce, Ministry of Commerce & Industry;
A Didar Singh, Secretary General, FICCI; Naresh Trehan,
President, SEPC, and other dignitaries.
Advantage Healthcare India 2017 is meant to promote India as a premier global healthcare destination and enable streamlined healthcare services exports. Over 70 countries and 600 hosted buyers from Africa, Middle East, Europe, US, UK, and Asia (including SAARC) would participate, with thousands of international and national business visitors.
Speaking
on the occasion, Dr. A Didar Singh, Secretary General, FICCI, said:
“Medical value travel can be a USD 9 billion opportunity for India by 2020. To
fully exploit this potential, the country needs to diversify its sources of
medical tourism and create a strong value proposition for foreign patients by
focusing on perimeters like cost effectiveness, alternate medicine, clinical
outcomes, tourism friendliness, accreditation, and patient centricity. Advantage
Healthcare India 2017will bring Indian healthcare providers and global
healthcare stakeholders under one roof. It will showcase India’s medical
capabilities and create opportunities for healthcare collaboration between
India and other nations to boost healthcare services exports. The last two
summits have been a great success, and I look forward to the 2017 event being a
great facilitator and enabler of Indian medical tourism.”
The
medical value travel (MVT) industry has emerged as one of the fastest growing
segments of Indian tourism industry. According to a FICCI-IMS report, more than
500,000 foreign patients seek treatment in India each year, making it a key
medical tourism destination in Asia. However, coordinated efforts are required
by key stakeholders to turn India into “The Provider to the World” and
accelerate MVT growth from the existing 15% to 25%. The Indian medical tourism
industry gets maximum patients for heart surgery, knee transplant, cosmetic
surgery and dental care, as the cost of treatment here is considered the lowest
in Asia, much lower than Thailand, Indonesia, Singapore and Hong Kong.
Advantage
Healthcare India 2017, spread across three days, will have more than 40
speakers, 600 hosted buyers and over 5,000 business visitors. The exhibition
will host more than 160 exhibitors to showcase medical services and expertise.
Thousands of reverse buyer-seller meetings will offer opportunities for tie-ups
with Indian hospitals and healthcare centers for medical tourism.
A
Roundtable Session with Health Ministers from select countries will be
organized to discuss issues encompassing medical value travel and formulate the
way forward. They will also visit the Exhibition. The event will showcase
India’s medical devices sector to encourage foreign companies to start
manufacturing locally with Indian partners. Internationally renowned Indian
doctors and AYUSH experts will deliver lectures on different topics.
A
key highlight of the event will be Medical Value Travel Awards 2017 which
will recognize and showcase innovations which have helped promote India as a
premier medical travel destination.
Participants
at Advantage Healthcare India 2017 would include international hospitals,
government organizations, insurance firms, medical tourism organizations,
global medical associations, medical journalists, doctors, and investors.
Advantage
Healthcare India 2017 supporting partners include EEPC India and Pharmaceuticals
Export Promotion Council of India (Pharmexcil).
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