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Why India Is Best In Terms Of Cancer Treatment?

The healthcare industry forms the backbone for the progress of any nation

. It can be broadly classified into five major wings which are diagnostics,medical equipments and supplies, medical insurance and pharmaceuticals. In 2012, the healthcare industry has already touched US$79 million and it will be US$ 280 billion by 2020.

Cancer is one of the deadliest disease of the century. According to a report issued by W.H.O one out of three women and one out of four men are prone to getting cancer. With these alarming figures, the task of doctors and hospitals is becoming immensely challenging. But with the advancement in technology, the cure has become possible provided that the disease is diagnosed at an early stage. With the use of modern technology the cure rate of cancer has gone to almost 70-80%.

Indian Healthcare System

Indian healthcare system is expected to reach US$ 100 billion by 2015 from the present US$ 65 billion. According to a rating agency Fitch, it grows about 20 percent every year. Some of the major driving force that has led to growth in this sector includes growing lifestyle which leads to health related issues,increase in population, cheaper health care costs,trust in medical tourism,improve health insurance penetration, government initiatives, increasing disposable income and focus on Public Private Partnership(PPP) models.

Even Indian pharmaceutical market is expected to have a medium growth. The sector will grow at a rate of about 15.3 percent from 2011-12 to 2013-14. Meanwhile the Government of India has also decided to increase the health expenditure to 2.5 % of Gross Domestic Product ( GDP) by the end of Twelfth Five Year Plan.(2012-17) from an existing 1.4 percent.

Today India has some of the best doctors in Delhi- the capital city of India. Further the healthcare system of India offers an attractive growth opportunity for business process outsourcing (BPO),information technology( IT). The market for outsourced services to healthcare system is expected to reach to US$ 15 billion in 2016.

Cancer Treatment in India

When it comes to cancer treatment in India,it has some of the best cancer hospitals. All international patients can find the best doctor for cancer in Delhi. According to one of the top surgeons in the world, Dr R Bidwe , in India the same treatment is provided than rest of the world.

Everything that can be done in other hospitals across the globe can be done in India too. Another senior medical oncologist says that the cancer treatment in the country is equivalent and in some cases better than anywhere else abroad.

It is myth that cancer treatment is provided better abroad. But it should be noted that Doctors say that India is at par with international cancer hospitals. Then why do people head towards abroad for their cancer treatment?

Healthcare system in India is run under Universal Health Care by constituent states and union territories. It is not very late when India will come under top 5 cancer treatment destinations in global map.

by: Yogesh Sharma
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Why India Is Best In Terms Of Cancer Treatment? Amsterdam