The boom in the medical tourism industry has made significant contribution to the emergence of India as one of the fastest growing economies in the world. According to an analysis by industry experts, medical tourism in India is expected to generate nearly $2.2 billion dollars revenue annually in the next two years. The secret behind the success of medical tourism lies in the fact that India has quality healthcare system-state-of-the-art hospitals, latest technology, qualified and well-trained doctors, skilled medical staffs, cheap medical costs and an incredible places of tourist-attractions.
The concept of ‘medical treatment’ sells hot among tourists from developing countries like US, UK, Germany, Canada, Japan and more. The costs of conventional method of healthcare treatment in these countries are expensive and lackluster and these factors taken together have led to the success of medical tourism in developing countries.
Accessing medical treatments in developing countries are attached with a string of long waits, frantic searches for good doctors and spiraling hospital bills. Statistically speaking, the total costs of a hip replacement surgery in US costs $43,000 where as the same surgical procedure under the same quality healthcare facilities would cost a mere $9,500 in India. The difference in these figures says all-the main reason behind the high turnout of medical tourists in Asian countries like India, Thailand, and Singapore et al is due to cheap medical costs.
Besides, medical tourism benefits two industry at one time-the tourism industry as well as healthcare industry. The Indian tourism industry in itself attracts high number of foreign tourists every year; it is rated among the top 5 favorite destinations from the 134 countries surveyed by Lonely Planet. As a result, medical tourism not only promises a health bound travel but, it also offer a package coupled with a vacation, wellness and rejuvenation. best attraction Sentosa singapore
In the world of bio-medical science, Indian doctors are renowned in the world for their expertise in coronary bypass, heart surgery, dental care, cosmetic surgery and traditional alternative care like Ayurveda. Kidney transplantation or renal transplantation is a common surgical procedure among international medical tourists in India. The uncontrollable rise in the occurrence of diabetes among large section population has led to a high rate of kidney failure cases. The average cost for a kidney transplant surgery in the US may range between $25,000 to $38,000 where as the cost of kidney Transplant India or Hip Replacement India may be just the half.
In addition, the Indian medical tourism industry also witnesses an increasing number of medical tourists in the field of dentistry. Some of the most common medical treatments among medical tourists include-alternative medicine, bone-marrow transplant, cardiac bypass, eye surgery and hip replacement. The low cost of medical treatments and high-quality healthcare coupled with a vibrant culture and rich heritage makes India a no.1 choice among medical tourists all over the world.