Abstract

Advancements in the medical care technologies, increasing cost of care, demand and supply mismatch in healthcare services are few of the many contributing factors for the progressive growth of ‘Medical Tourism’ services worldwide. Along with medical care services, tourism packages are value-added services, as medical tourists will have the opportunity to visit the best tourist attractions in the destination country. As medical tourism services are comprehensive in nature, involving many stakeholders from medical and tourism industries, it is vital to understand the roles of each of the players in the industries. Thus, this book chapter focuses on explaining the concept of Medical Value Travel (MVT), factors influencing the medical tourism services, role of various stakeholders involved, along with possible concerns on the country of origin and destination while delivering the medical tourism services. Considering the significant role of regulatory affairs in offering these services, this book chapter also highlights the blueprint of India’s approach in upscaling the Medical Value Travel Services in the country.