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Recent Medical Tourism Articles
India Fosters Growing 'Medical Tourism'
Sector
| India is hoping to expand
its tourist industry – to include visitors with heart conditions and
cataracts. Indeed, medical tourism, where foreigners travel abroad in
search of low cost, world-class medical treatment, is gaining
popularity in countries like India. The field has such lucrative
potential that Indian finance minister Jaswant Singh called for India
to become a “global health destination.” And, with prices at a
fraction of those in the US or Britain, the concept will likely have
broad consumer appeal – if people can overcome their prejudices about
health care in developing countries. Though the quality of health care
for the poor in countries like India is undeniably low, private
facilities offer advanced technology and procedures on par with
hospitals in developed nations. One Indian hospital director
maintains, "In a corporate hospital, once the door is closed you could
be in a hospital in America.” – YaleGlobal ............ |
Economist.com | Medical tourism to
India
| FOR someone about to
undergo surgery to remove gallstones, David Potter, a 63-year-old
Briton, is remarkably chipper. Pushing a walking-frame he hardly seems
to need, he testifies to the success of an earlier operation, to
replace a hip. Both are standard surgical procedures.… |
Promoting Health And Medical Tourism In India
- LookIn - Express ...
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Health and medical tourism is perceived as one of the fastest growing
segments in marketing ‘Destination India’ today. While this area has
so far been relatively unexplored, we now find that not only the
ministry of tourism, government of India, but also the various state
tourism boards and even the private sector consisting of travel
agents, tour operators, hotel companies and other accommodation
providers are all eying health and medical tourism as a segment with
tremendous potential for future growth. |
India Daily – Medical tourism in India may be
worth US$2.3 billion ...
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With an increasing number of foreign
patients flocking to India for treatment, the country could earn Rs
100 billion (US$2.3 billion) through 'Medical Tourism' by 2012, a
study has indicated.
According to the study conducted by the
Confederation of Indian Industry and McKinsey consultants, last year
some 150,000 foreigners visited India for treatment, with the number
rising by 15 per cent a year.
With a large pool of highly trained
doctors and low treatment cost, healthcare aims to replicate the
Indian software sector's success. Built on acres of land the new sleek
medical centres of excellence offer developed world treatment at
developing world prices, a report in 'The Guardian' said Tuesday.
......... |
India can earn $1 billion from medical
tourism
| India
could earn more than $1 billion annually and create 40 million new
jobs by sub-contracting work from the British National Health Service,
the head of India's largest chain of private hospitals told
rediff.com. Houston-trained Dr
Prathap C Reddy, chairman, Apollo Hospitals, also said he was waiting
for a reply to his proposal to carry out operations at a fraction of
what they would cost in the United Kingdom.
Details of the multi-million dollar
package are also carried in this week's edition of India Abroad.
They include surgery for hip and knee
replacements and coronary bypass that would slash waiting times
dramatically, reducing the queues of British patients waiting to see
their doctors.
"We have well equipped,
state-of-the-art hospitals and we can offer the same level of care as
anywhere else in the world," Dr Reddy said.
"There is no reason why we should not
become the healthcare destination of the world."... |
CBC News Indepth: HEALTH CARE
A worldwide market
What's called medical tourism – patients going to a different country
for either urgent or elective medical procedures – is fast becoming a
worldwide, multibillion-dollar industry.
The reasons patients travel for treatment vary. Many medical tourists
from the United States are seeking treatment at a quarter or sometimes
even a 10th of the cost at home. From Canada, it is often people who
are frustrated by long waiting times. From Great Britain, the patient
can't wait for treatment by the National Health Service but also can't
afford to see a physician in private practice. For others, becoming a
medical tourist is a chance to combine a tropical vacation with
elective or plastic surgery.
And more patients are coming from poorer countries such as Bangladesh
where treatment may not be available.
Medical tourism is actually thousands of years old. In ancient Greece,
pilgrims and patients came from all over the Mediterranean to the
sanctuary of the healing god, Asklepios, at Epidaurus. In Roman
Britain, patients took the waters at a shrine at Bath, a practice that
continued for 2,000 years. From the 18th century wealthy Europeans
travelled to spas from Germany to the Nile. In the 21st century,
relatively low-cost jet travel has taken the industry beyond the
wealthy and desperate.
Countries that actively promote medical tourism include Cuba, Costa
Rica, Hungary, India, Israel, Jordan, Lithuania, Malaysia and
Thailand. Belgium, Poland and Singapore are now entering the field.
South Africa specializes in medical safaris-visit the country for a
safari, with a stopover for plastic surgery, a nose job and a chance
to see lions and elephants.
India
India is considered the leading country promoting medical tourism-and
now it is moving into a new area of "medical outsourcing," where
subcontractors provide services to the overburdened medical care
systems in western countries.
India's National Health Policy declares that treatment of foreign
patients is legally an "export" and deemed "eligible for all fiscal
incentives extended to export earnings." Government and private sector
studies in India estimate that medical tourism could bring between $1
billion and $2 billion US into the country by 2012. The reports
estimate that medical tourism to India is growing by 30 per cent a
year.
India's top-rated education system is not only churning out computer
programmers and engineers, but an estimated 20,000 to 30,000 doctors
and nurses each year.
... |
Medical Tourism to India could be worth Rs
100 bn by 2012: Study ...
With an increasing
number of foreign patients flocking to India for treatment, India
could earn Rs.100 billion through 'Medical Tourism' by 2012, a study
has indicated.
According to the study conducted by the Confederation of Indian
Industry and McKinsey consultants, last year some 150,000 foreigners
visited India for treatment, with the number rising by 15 per cent a
year.
With a large pool of highly trained doctors and low treatment cost,
healthcare aims to replicate the Indian software sector's success.
Built on acres of land the new sleek medical centres of excellence
offer developed world treatment at developing world prices, a report
in 'The Guardian' said today.
A number of private hospitals also offer packages designed to
attract wealthy foreign patients, with airport-to-hospital bed car
service, in-room internet access and private chefs. Another trend is
to combine surgery in India with a yoga holiday or trip to the world
famous Taj Mahal.
The report said it is not just cost but competency that is India's
selling point. Naresh Trehan, who worked as a heart surgeon in
Manhattan but returned to start Escorts hospital group in India, was
quoted as saying that his hospital in Delhi completed 4,200 heart
operations last year. |
BBC NEWS | South Asia | Maharashtra woos
medical tourists
| Many people from
the developed world come to India for the rejuvenation promised by
yoga and ayurvedic massage, but few consider it a destination for
hip replacements or brain surgery.
Yet that's exactly what the government in the
Indian state of Maharashtra hopes will happen soon.
Together with the state's business sector and
private health-care providers it recently launched the Medical
Tourism Council (MTC) of Maharashtra.
Its aim: to make India a prime destination for
medical tourists.
At its swish offices in central Bombay, also
known as Mumbai, members of the council explain the concept.
Bombay, they argue, has private hospitals on a
par with the best in the world.
Many of the surgeons at hospitals such as the
Hinduja are leaders in their field, working with the best equipment
available.
But they can provide their expertise at a
fraction of the price that comparable surgery would cost in Europe
or the United States. |
The Hindu Business Line : India eyeing
share in medical tourism pie
| A NICE blend of
top-class medical expertise at attractive prices is helping a
growing number of Indian corporate hospitals lure foreign patients,
including from developed nations such as the UK and the US.
If a liver transplant costs in the
range of Rs 60 lakh-70 lakh in Europe and double that in the US, a
few Indian hospitals, such as Global in Hyderabad, have the
wherewithal to do it in around Rs 15 lakh-20 lakh. Similarly, if a
heart surgery in the US costs about Rs 20 lakh, the
Chennai-headquartered Apollo Hospitals Group does it in roughly Rs 2
lakh.
As more and more patients from
Europe, the US and other affluent nations with high medicare costs
look for effective options, India is pitted against Thailand,
Singapore and some other Asian countries, which have good hospitals,
salubrious climate and tourist destinations.
While Thailand and Singapore with
their advanced medical facilities and built-in medical tourism
options have been drawing foreign patients of the order of a couple
of lakhs per annum, the rapidly expanding Indian corporate hospital
sector has been able to get a few thousands for treatment.
But, things are going to change
drastically in favour of India, especially in view of the high
quality expertise of medical professionals, backed by the fast
improving equipment and nursing facilities, and above all, the
cost-effectiveness of the package, said some of the hospitals
Business Line spoke to. |
Medical tourism: Next big forex earner -
Sify.com
| Medical tourism is
likely to be the next major foreign exchange earner for India as an
increasing number of patients, unwilling to accept long queues in
Europe or high costs in the US, are travelling to the country to
undergo surgery, according to a media report.
Medical tourism is on the rise with
more people from the United States, Europe and the Middle East
seeking Indian hospitals as a cheap and safe alternative, says an
article in an upcoming issue of Bloomberg Markets magazine.
The report says Indian doctors are
setting up what could be a medical renaissance in their country and
the next great boom for the Indian economy.
Many Indian hospitals are coming
together to improve the quality of health care, boost first
impressions and aiming for $2.3 billion in annual revenue by 2012,
it says.
Instead of paying $2,00,000 for a
mitral valve surgery in the US, a patient could travel to India and
receive the same treatment for $6,700.
Similarly, rather than paying 15,000
pounds Sterling for hip resurfacing in the UK, a patient can get the
same procedure for 5,000 pounds in India, including surgery, airfare
and hotel stay, the magazine says.
Would you do it? Has a cheaper
workforce enabled India to compete in a field many thought could
never flourish in that country? These are the questions many people
throughout the world have been asking themselves, and increasingly
the answer is yes, Bloomberg Markets says. ... |
domain-B : indian business : industry :
tourism : India gears up ...
| Medical insurance is
seen as the fastest growing segment in the Indian economy, says
Supriya Saxena A recent outcome
of the privatisation of health services in India has been the growth
of medical tourism to the extent that this sector is perceived as a
fast-growing segment of the economy. India is a recent entrant into
this industry and is expected to become a $2-billion business by
2012.
The driving force behind medical
tourism is its cost effectiveness and the possibility of attracting
substantial tourism revenue. Medical care, packaged with traditional
therapies like yoga, meditation, ayurveda, allopathy, and other
traditional systems of medicines, attract high-end tourists
especially from European countries and the Middle East.
Kerala has pioneered health and
medical tourism in India. But low- cost treatment is the ultimate
factor weighing in favour of India. Medical care costs only
one-fifth of the costs in the West. So if a particular surgery costs
$30,000 in the West, it would cost only $6,000 in India.
India has gained acceptance in areas
of medical care such as organ transplant, knee replacement,
open-heart surgery and others because of the efforts of the
corporate sector in the medical as well as tourism industry. The
state-of-the-art equipment and well-qualified practitioners at these
hospitals is what attract patients from other countries.
It is estimated that foreigners
account for about 12 per cent of all patients in top hospitalsof
Mumbai, like Lilavati, Jaslok, Breach Candy, Bombay Hospital,
Hinduja Hospital, Apollo and Wockhardt. |
To receive an approximate idea of cost and other information regarding
treatments and holidays, please
contact us.
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