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Medical Tourism in India

Medical Tourism to India has been growing over the years. India is being identified as quality Healthcare destination for persons across the globe, which gainfully utilizes the health care expertise and infrastructure available in the country.

Scope: India provides Medical care of international standards at comparatively low cost. Indian health centers provide their expertise in the areas of Cosmetic Surgery, Dental care, Heart Surgeries, Coronary Bypass, Heart Check up, Valve replacements, Knee Replacements, Eye surgeries, Indian traditional treatments like Ayurvedic Therapies and much more, practically covering every aspect of medicine combining modern treatments with traditional experience.

Facts & Figures: India presently has 0.5 million doctors, 0.9 million nurses and around 1.37 million beds. As per Assocham, Medical Tourism Industry in India in 2013 was worth Rs 75 billion ($ 1.25 billion) and forecasted to reach Rs 120 billion ($ 2.00 billion) by 2015 with an annual growth rate of 25%. Similarly, the number of medical tourists in 2013 stood at 250,000 and estimated to reach 320,000 by 2015. As per other estimates, the Indian health-care industry which was worth $ 79 billion in 2012 is expected to reach $ 100 billion by 2015 and $ 280 billion in 2020.  India’s pharma sector is forecasted to touch dollar 35.9 billion by 2016. Presently, there are approximately 3000 pharma manufacturers, the majority of which focus on generic drug. Pharma exports are estimated to reach dollar 33 billion by 2016. According to a report “Medical Value Travel” in India by KPMG and FICCI, India ranks among top three Medical Tourists in Asia.

Advantages in India: India offers world class doctors and hospitals with less costly treatment and minimal waiting period for treatment. India is increasing popular in the World for providing Eastern Medicare Wisdom with expertise of Western Medicine. For example heart surgery costs USD 5,500 in India, while in the Western countries it is almost 25 times more. A new category of visa "Medical Visa" has been introduced by Government of India, which can be given for specific purpose to foreign tourists coming to India for medical treatment. The study of Indian Institute of Health Management Research (IIHMR), Jaipur reveals the cost comparison between India and other countries in the following table:

Procedure/Country

US

India

Thailand

Singapore

Bypass

$1,00,000

$9,300

$11,000

$16,500

Angioplasty

$1,60,000

$9,000

$10,000

$15,000

Telemedicine: India has also been utilizing telemedicine services to make the healthcare accessible to remote areas. It has also utilized Pan-African e-Network connecting 48 countries to impart training and to offer consultations. The Programme has been working since 2007. The Indian Hospitals involved in the Programme include All India Institute of Medical Sciences, the Escorts Heart Research Centre and Moolchand Hospital (New Delhi); Apollo Hospitals and Sri Ramchandra Medical College and Research Centre (Chennai); Care Hospitals (Hyderabad); Amrita Institute of Medical Sciences (Kochi); Narayana Hrudayalaya and Manipal Hospital (Bengaluru);KEM Hospital (Mumbai); Fortis Hospital (Noida) and Santosh Hospital (Ghaziabad).

Medical Tourism from Central Asia: We also witnessed growth in medical tourism from Central Asian Countries to India. From Kyrgyzstan the number is almost doubled in 2014 as compared to 2013. The most popular destinations have been Indraprastha Apollo Hospital and Medanta the Medicity. The Indian Hospitals also have been organizing OPDs from time to time in Bishkek. Medanta the Medicity has also trained a few doctors in serious operation including transplantations. Two doctors from the Apollo Indraprastha Hospital, New Delhi, Dr. (Prof) Raju Vaishya, MBBS, MS (Orthopaedics) and Dr. (Prof) Sandeep Guleria, MS visited Bishkek on 5th April 2015 and conducted OPD. 82 patients for orthopedics, 65 patients for Kidney disease came for consultation offered free of cost. Patients from Osh and Issyk Kul region also attended the OPD. Medical tourism to India from Kyrgyzstan and in general from Central Asia is on rise because of quality treatment at affordable cost.

 


 

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