The Indian hospital and healthcare industry has potential to be a global hub for healthcare services. An increasing number of global players are focusing on the Indian market to provide efficient, and latest technology in healthcare delivery.
The Indian medical tourism industry is expected to reach INR 36,000 crore (US$ 5.80 billion) by 2018. India is placed among the top three medical tourism destinations in Asia due to the low cost of treatment, quality healthcare infrastructure and availability of highly-skilled doctors.
With 360 million policies, India's life insurance sector is the largest in the world. The insurance industry has potential to reach USD 1 trillion by 2020.
We should focus our collective efforts to ensure the healthcare industry reaches its goal and create a safer and smarter society as a whole.