Tuesday, August 25, 2015

India as the Medical Tourism Hub


Medical Tourism India - Where the entire world meets for the best in Health Care

Medical Tourism in India is one of the best options available to people across the globe. Millions come every year to get treated and then enjoy their recuperative holidays across India. People from different walks of life cut across the entire span of the globe come to India to have their treatments done with peace of mind. India provides world class medical facilities with hospitals and specialized multi specialty health centers providing 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.

Friday, July 24, 2015

India's medical tourism industry to reach the $ 2 billion mark


 This   industry is set to equal $2 billion by next year — that's about the GDP of Greenland.

Medical tourism in India is centered on orthopedics and cardiology. "India is the world's medical travel thrift destination with savings of 60-90% on an array of procedures. Harvard-affiliated Wockhardt Hospital has performed more than 20,000 heart procedures, with 98%+ success rates (surpassing US and EU standards)."



Monday, June 22, 2015

Medical tourism is a high growth sector in India

Medical tourism is a growing sector in India. India’s medical tourism sector is expected to experience an annual growth rate of 30%, making it a $2 billion industry by 2015.[1][2] As medical treatment costs in the developed world balloon - with the United States leading the way - more and more Westerners are finding the prospect of international travel for medical care increasingly appealing. An estimated 150,000 of these travel to India for low-priced healthcare procedures every year.[3]

Friday, October 25, 2013

What makes India attractive as a MedicalTourism destination?



"The medical tourism industry needs to be looked upon as an infrastructure industry and not as an industry that provides services.
Medical tourism is an emerging concept. Initiative has been undertaken all over the world to consider medical tourism as a core product. International medical service at affordable price" being considered as the selling point of medical tourism business. Industry estimates show that the size of medical tourism industry stands between Rs.1, 200 crore to Rs.1, 500 crore and is growing at the rate of 30% annually. The Confederation of Indian Industry, Federation of Indian chamber of Commerce and industry, state government bodies like The Tamilnadu Tourism Development Corporation etc taking a positive steps in this direction. In spite of such initiative , "there is a lack of cohesive, concerted effort to market medical tourism by India.

What makes India attractive?
As the cost of health care Industry is increasing day by day, patients in the developed world are looking overseas for medical treatment. India's low cost & availability of highly trained doctors appeal to this medical tourists. Previously, foreign patients were traditionally not covered under medical insurance outside their home countries. However, companies like Blue Cross, Blue Shield of US have begun to tie ups with Indian hospitals for providing "customised medial facilities".
 However, the entire picture of Indian health issues is not at all satisfactory. It is alarming for Government to take precautionary initiative to restrict it before it crop up. The table given below clearly shows that good medical facility still remains beyond reach for most of the middle class.

Saturday, October 12, 2013