the emergence of medical tourism in india
TRANSCRIPT
The Emergence of Medical Tourism in India
What is Medical Tourism?
Medical Tourism refers to an arrangement where people from
another country travel abroad to get medical treatment while
also making time for local attractions of the country
Growth Opportunity
India’s Medical Tourism Expected to reach $8 Billion by 2020
150% YoY Increase
Preferred Destination for Complex Surgical Procedures
India is increasingly becoming a preferred destination
not just for minor wellness and health related surgery
but also for complex surgical procedures
Open Heart Surgery
Bone Marrow Transplant
Nephrectomy
Cost of Treatment in India for the below
Cost of Procedure Treatment Accommodation Travel
Cost of Treatment
Cost of Bypass Surgery in the US: $140 - $150K
Combined is less than Cost of Procedure in the US
Cost of Bypass Surgery in India: $7 - $8K
Top 10 Indian States with Medical Tourists
Source: Madras School of Economics
Medical Tourist Arrivals
30%
32%
10%
28%
Tourist Arrivals in India - 2010
South Asia
Africa
Europe
West Asia
India had 18 Lakh Medical Tourists visiting the country
in 2010
Medical Tourist Arrivals
India is the 3rd largest Medical Tourism Destination in Asia behind Singapore and Thailand
Factors that have Contributed to the Growth
Vast Pool of Medical Professionals
India is home to one of the largest number of
medical professionals in the World.
Factors that have Contributed to the Growth
Healthcare Infrastructure
Today, India can boast of a healthcare infrastructure
that is comparable to anywhere else in the world.
Factors that have Contributed to the Growth
Skilled Staff
Indian private hospitals have a large pool of skilled
nurses and support staff who are conversant in English.
Factors that have Contributed to the Growth
Quality Standards
Compliance to international standards is a major
plus to the growth of medical tourism in India.
Factors that have Contributed to the Growth
Alternative Medicines
India is home to a number of alternative medicines that are popular
internationally – these include Ayurveda, Siddha, Unani, etc.
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