India has the potential of becoming "an ideal healthcare destination," according to a study on healthcare tourism conducted by New Delhi-based Exim Bank. In 2006, an estimated 500,000 international travelers went to India specifically for its healthcare services, generating the country roughly $600 million in revenue - a fraction of the $150 billion worldwide market, according to "Healthcare Tourism: Opportunities for India." But promotion of healthcare tourism could help develop associated sectors, including telemedicine, medical equipment manufacturing, medical diagnostics, outsourcing of hospital administration and insurance. India's advantages in the healthcare sector include cost-effective healthcare solutions and availability of skilled healthcare professionals, as well as an increasingly popular traditional wellness system, Exim Bank Chairperson Shri T.C. Venkat Subramanian said.
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