India is becoming a favourite destination for people from around the world who are looking forward to getting a high-end medical treatment in their own countries. This is because Indian Medical industry is providing with 80 to 90% cost savings as opposed to the cost of treatments in American, European and Asian sub-continent countries. And the best part is, there is a negligible difference in the quality of treatment.
Medical Tourism Industry has started to flourish in India and many travels, as well as medical organizations & companies, have now started to offer packages to their members for medical tourism in India. Medical Tourism is where a patient lives in a particular part of the world, and is looking to get treatment of his disease or disorder in some other part of the world, can also plan to spend a small holiday before or after their treatment. Thus, a patient has the option to travel around & get medical treatment at single time transportation and accommodation cost.
The companies provide a full package where the patient’s treatment is planned with the requisite hospital along with a small holiday in the country to visit some of the good places. The service providers endure the members/customers with travel, accommodation, food, treatment, medicines & drugs and other medical assistance in the whole package.
When it comes to the healthcare industry and if we compare cost and quality at the same time, there are no parallels for India in both niches. India is rendering significant cost differences as compared to US, UK and South Asian countries. Although if we compare European countries like Germany & Belgium, then they may have lesser costs as compared to the United States, still more expensive than India.
Apart from this, the medical industry in India has expanded to gain increased infrastructure and medical facilities. This is sought to treat a large number of patients at the same time, thus waiting lists have become shorter. And when it’s your health, you cannot afford to be on a waiting list. Can you? Also, the treatments are of the same sophistication as available in any western country.
Indian doctors & hospitals are well known around the world for their prowess and skills. As per a study conducted by The American Medical Association, a normal medical treatment or surgery in India would save 75% to 95% medical costs than in many developed countries. A usual knee replacement surgery costs $40,000 in the US, $10,000 in Thailand, $13,000 in Singapore; it costs merely $8500 in India.
Further, a heart valve replacement surgery in India is worth $8,000 only which would otherwise cost $200,000 in the US, $90,000 in Britain. The close competitors of India may be Singapore with $12,500 & Thailand with $10,000.
And when you are saving a lot of amount on your treatments, why not utilize it to spend a good vacation in the local suburbs as you’ve travelled miles to be here. After all, Indian culture is famous for its rich heritage, and architecture. So you can always combine your treatment with a holiday.
The facts have been proven by a study conducted by AMA. The data collected proves that India is the least expensive when compared to European as well as other Asian countries. Further, the sophistication in healthcare in India is the same as available in any western country. Thus, saving you a greater cost of medical expenditure by as much as 75% to 95%.
|Procedures||US ($)||Costa Rica ($)||India ($)||Korea ($)||Mexico ($)||Thailand ($)||Malaysia ($)|
|Heart Valve Replacement||$170,000||$30,000||$5,500||$43,500||$18,000||$21,212||$10,580|
|Lasik (both eyes)||$4,400||$1,800||$500||$6,000||$1,995||$1,818||$477|
|Cornea (both eyes)||N/A||$4,200||N/A||$7,000||N/A||$1,800||N/A|
Many tour operators in India are already offering amazing medical tourism packages at competitive prices. They assure you hassle-free recovery from your ailments and a great holiday too.
So, if you are suffering from medical disorders or intervention and looking for urgent treatment for your inevitable problem, then India is the best option to obtain medical assistance and enjoy a beautiful vacation. The top-notch medical professionals of India would take care of your health and help you recover fast. And in the meantime, you’ve got Incredible India to explore.
The reason that India is being prioritized by many patients to come for treatment is that the treatments & medicines are low cost as compared to many developed countries. Further, the doctors & facilities available in many Indian hospitals would provide you with world-class hospitality, treatment and care and that too at 95% lesser costs. This is the reason that medical tourism has escalated in India over the years.
Author: Keshav Kothari
A young CA Aspirant who is a writer and a photographer with the zeal to convey a positive perception through his work.