subject: The Raising Bar of Medical Tourism in India [print this page] The Raising Bar of Medical Tourism in India
Once considered as the most productive country in the world, India was ravaged by Englishmen for almost 200 years. Today, this country is rehabilitating with making new landmarks in different fields. After getting the independence in 1947, India once again gained the momentum and paving the path for a bright and successful future. The result is that India is now the second largest growing economy in the world just after China. Continued with the pace, India will overpass China is the next 10 years. Thanks to the ongoing industrial revamp that has not only made high level industrial investments to the country but also lead to advanced medical care services to patients in India.
In the past several years, the concentration on health care services has increased a lot with different world-class hospitals is coming up here in India. In earlier times, it was really very difficult for people to find good quality medical care services in India leading to the loss of hundreds of lives due to the scarcity of genuine health care services. Thanks to the accruing medical tourism in India. The unrestricted efforts both from the public as well as private sector have placed India at top in the world medical tourism map.
Nowadays, a large number of tourists from different parts of the world come to India in search for cost effective medical treatment. It signified that medical tourism in India today is a big industrial sector as well as contributing significantly to the country's growth. It is also considered as the prime source of bringing foreign currency into India.
Hospital India majors such as Max, Apollo; Fortis etc have assertive arms focusing solely on the medical tourism aspect. Cardiology, cardiothoracic surgery, orthopedic knee replacement, angioplasty, and cosmetic surgeries are the most in favor as the cost factor is considerably marked across these areas. A large number of hospitals have entered into the agreements with the international health insurance companies to compensate the cost of healthcare of foreign visitors. According to a recent study conducted by Deloitte in 2007, India received almost half a million medical tourists. The annual growth rate for medical tourism in India is estimated at 30%. In a bid to attract large numbers of medical tourists, the government of India has taken substantial steps to improve the health care services in India.
The only drawback of rising medical tourism in India is the healthcares costs charged by private hospitals have raised considerably even for domestic patients. There are various hospitals whose sole aim is to make profit disregard of medical care are adding flame to this issue.
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