India is at the forefront of global medical tourism due to its high-quality healthcare services, cost-effective treatment options, skilled professionals and diverse specialties. The government has taken steps to promote medical tourism, such as streamlining visa procedures and with ongoing investments in healthcare infrastructure, the country is well-positioned to meet global medical tourism market demands.
In this landscape, Gurugram-based Global Care is assisting patients from all over the world, particularly those from the Middle East and Africa (MENA), in accessing the best of Indian healthcare services.
Rajeev Taneja founded Global Care in 2009, and the company now operates in 25 countries. It generates $25 million in annual revenue and claims a 130% growth rate in three years.
According to a report the India Medical Tourism Market will be worth $6.79 billion in 2023 and $12.64 billion by 2028, growing at a CAGR (compound annual growth rate) of 13.23% during the forecast period (2023-2028).
The startup, which operates a network of patient assistance centres across the MENA region, handles patients' travel, visa requirements, doctor consultations, and follow-ups. It enables customers to access a wide range of treatments, including breast cancer, gastric banding, IVF, cochlear implants and hip and knee replacement.
Global Care operates over 350 hospitals, including Fortis, Max Healthcare, Manipal Hospitals, Apollo Hospitals and Asterg Group.
The company also provides healthcare services in developing countries with limited infrastructure and high costs. It runs projects in Iraq, Afghanistan, Somalia, Ethiopia and Sudan.
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