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:12/2/2016)... , ... December 02, 2016 , ... ... on the perils of heroin that was watched live by 1 million viewers ... I. duPont-Columbia University Award. , ASU students at the Walter Cronkite School of ...
(Date:12/2/2016)... AL (PRWEB) , ... December 02, 2016 , ... ... from across the Dothan-Wiregrass Area in Alabama are expected to attend the UNCF ... Schmitz, will help provide scholarship funds for area students and operating support to ...
(Date:12/2/2016)... Portland, Maine (PRWEB) , ... December 02, 2016 , ... ... support group for caregivers of those affected by autism spectrum disorder (ASD) and other ... and Easter Seals Maine, will give parents and other caregivers the opportunity to share ...
(Date:12/2/2016)... PA (PRWEB) , ... December 02, 2016 , ... With ... struggling through rehabilitation of an injury, patients must find the one that works for ... his pain, he created a machine that worked and decided to share it with ...
(Date:12/2/2016)... (PRWEB) , ... December 02, 2016 , ... More than ... and while 84 percent of parents report speaking with their child about sex related ... sexually transmitted diseases. , Mediaplanet is proud to announce the launch of its second ...
Breaking Medicine News(10 mins):
(Date:12/2/2016)... December 2, 2016 According ... Diagnostics/IVD Market by Product (Instruments, Reagents, Software), Technology ... Oncology, Cardiology, Nephrology, Infectious Diseases) - Forecast to ... valued at USD 60.22 Billion in 2016. This ... of 5.5% during the forecast period (2016-2021) to ...
(Date:12/2/2016)... FRANCISCO , Dec. 2, 2016  PipelineRx, a ... telepharmacy, will be offering demonstrations of its SaaS-based ... Society of Health-System Pharmacists 2016 Midyear Clinical Meeting ... Vegas . With nearly 300 hospital clients ... services and technology designed to dramatically improve pharmacy ...
(Date:12/2/2016)... 2, 2016 On Thursday, December ... excellence in research, development and innovation in the biopharmaceutical ... was held in the presence of Sergey Tsyb, Vice ... Russian Federation , Natalia Sanina, First Vice Chairman ... , Head of Roszdravnadzor, National Service of Control in ...
Breaking Medicine Technology: