Navigation Links
Promoting Medical Tourism In India

Medical tourism focuses on treatment of acute illness, elective surgeries such as cardiology and cancer, among others. From October this year , the Government plans to start overseas marketing of India as a medical tourism destination. // Senior Government officials say that the formalities for marketing medical facilities to a global audience have already started and they hope to complete the process of price-banding of hospitals in various cities by the third quarter of this year. The government of India is of the opinion that by marketing India as a global medical tourism destination, it could capitalise on the low-cost, high-quality medical care available in the country.

Statistics show that the medical tourism industry in India is worth $333 million (Rs 1,450 crore) while a study by CII-McKinsey estimates that the country could earn Rs 5,000-10,000 crore by 2012. Probably realising the potential, major corporates such as the Tatas, Fortis, Max, Wockhardt, Piramal, and the Escorts group have made significant investments in setting up modern hospitals in major cities. Many have also designed special packages for patients, including airport pickups, visa assistance and board and lodging, health care industry officials said.

Among the factors that make India an attractive proposition for medical treatment is cost efficiency. The estimated cost for a heart surgery in the U.S is $30,000 , however the same could be performed India for about $6,000. Similarly, a bone marrow transplant could cost about $2,50,000 in the US while it could be done here for about $26,000.

Foreigners have already started trickling into India for medical treatment thus officials are hopeful that this will become a flood once the various initiatives being taken by the Government take off. The Government has also introduced various policy measures such as the National Health Policy recognizes the treatment of international patients as an export, which allows private hospitals treating such patients to enjoy benefits such as lower import duties, increase in the rate of depreciation (from 25 per cent to 40 per cent) for life-saving medical equipment, and several other tax sops in order to encourage medical tourism in India .
'"/>




Related medicine news :

1. Promoting Circumcision to Prevent HIV is Misguided and Will Backfire: ICGI
2. Doctors in UK Promoting Awareness of Gastro-oesophageal Reflux Disease
3. Indian Nationals with Foreign Medical Degrees can now practice in India
4. Meditation Works Medically
5. Sleep Disorders Could Indicate Other Medical Problems
6. Being Obese Increases Ones Risk Of A wrong Diagnosis During Medical Imaging
7. Hypnosis Found To Reduce Stress In Children During Medical Procedures
8. Stanford Medical Center Implements The First Virtual Cardiac Ultrasound
9. Ayurvedic Therapies Cashing In On Medical Tourism
10. Prevention And Timely Medical Care Can Help With Bug Bites
11. Government Organisation Proposes Strict Guidelines For SubStandard Medical Devices
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:1/24/2017)... KS (PRWEB) , ... January 24, 2017 , ... ... Premensa, a leading natural supplement for relieving premenstrual syndrome, or PMS . ... at some point. These symptoms can include cramps, constipation, irritability, headaches, fatigue, and ...
(Date:1/24/2017)... ... January 24, 2017 , ... “Mysteries Revealed On Speaking In Tongues”: ... is available to all Christians. “Mysteries Revealed On Speaking In Tongues” is the creation ... a Christian-based talk show located in Michigan. , “We need to partner with ...
(Date:1/24/2017)... ... January 23, 2017 , ... The Pharmacy and Medically Underserved ... bipartisan original co-sponsorship of nearly one-quarter of the U.S. House of Representatives. The ... Chain Drug Stores (NACDS) strongly backs the legislation. , “NACDS thanks for their ...
(Date:1/24/2017)... ... January 23, 2017 , ... The ... Buzzies users who entered metrics into the product’s app. The data replicates ... data showed that within just 30 seconds of using Buzzies, people experienced a ...
(Date:1/23/2017)... ... 23, 2017 , ... PKF O’Connor Davies , LLP, the nation’s 26th ... at the Firm, will participate in the 40th Annual "Empire State Building Run Up" ... up 1,576 steps, a vertical distance equal to about a fifth of a mile, ...
Breaking Medicine News(10 mins):
(Date:1/23/2017)... Jan. 23, 2017 LifeVac, the revolutionary device ... airway and prevented choking deaths, welcomes Steve Way ... the LifeVac team as Official Spokesperson. ... LifeVac team," said Arthur Lih , Founder and ... LifeVac and his mission to raise awareness about the ...
(Date:1/23/2017)... 23, 2017 Research and Markets has announced the ... - Product - Forecast to 2025" report to their offering. ... Report Highlights: ... trends to identify the investment opportunities Market forecasts till ... Key market trends across the business segments, Regions and Countries ...
(Date:1/23/2017)... January 23, 2017 Stock-Callers.com today presents ... (NASDAQ: CPRX ), Sophiris Bio Inc. (NASDAQ: ... ), and Agile Therapeutics Inc. (NASDAQ: AGRX ). ... somewhat lower in late trade on Friday, January 20 th ... 0.3%, while shares of health care companies in the S&P ...
Breaking Medicine Technology: