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The Health TravelersMedical Tourism

Presented by :Anamika Chakraborty(F11064)Elizabath Eappen (F11076)Sherin Thomas (F11109)Swarupa Rani Sahu (F11116)

11 Oct 20121

LIBA 2The Hindu, Oct8 2012

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Apollo robot straightens spines The Hindu Oct 6, 2012

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Medical Tourism- What is it?

• Rapidly-growing practice of travelling across international borders to seek healthcare services

• “35% growth in outbound health care tourism expected in 2012” – TravelMarketReport

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Why is it gaining popularity?

• Cost of Medical treatment is lesserThird World Countries Serving First World Treatment

• Surrounding tourist areas• Savings

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Who are the medical touristS?

• Domestic Medical Tourist– Patients within country

• International Medical Tourist– Patients outside country• USA• UK• Bangladesh• Middle East• Nigeria

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Why International Medical Tourist

• High Cost, Medical Insurance not fully covered (US)

• Long waiting queue (UK)• Lack of top notch medical facilities (Middle

East – High Purchasing Power)• No adequate facilities (Bangladesh, Nigeria)

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India - A preference• Low Cost• English speaking people- Advantage• Qualified, Specialized Doctors• Indian Nurses – Compassionate and Serving

(Human Touch)• Exotic Tourist Destination

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India – cheaper treatment

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What wecan offer?

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What we can offer?

• HEART: Coronary angioplasty, Coronary artery bye pass graft, Heart Valve repair/replacement, correction of congenial abnormalities

• EYE: Cataract and refractive and vitreo- retinal surgeries, diabetic retinopathy, corrective surgery for glaucoma.

• SKIN: Treatment of vitiligo, botulium toxic treatment for facial wrinkles.

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What we can offer?

• EAR, NOSE and THROAT: Restoration of Hearing, Nose Reshaping, Sinus Surgery, Snoring and Obstructive Sleep Apnea, Laryngeal Cancer.

• TEETH: Ceramic Crowns and Bridges, Teeth Whitening, Implantation and Root Canal Therapy

• JOINTS: Joint Replacement Surgery, Hip Joint Resurfacing, Arthroscopic Surgery.

• INFERTILITY: Assisted reproduction.

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What we can offer?

• TRANSPLANTAION: Kidney, liver, bone marrow, peripheral stem cell.

• COSMETIC SURGERIES: Face lift, Breast Augmentation/ Reduction, Waist Reduction, Liposuction

• TRADITIONAL THERAPIES AND TREATMENT: Ayurveda, Yoga, natural therapy

Facts

• “Medical tourism industry in Kerala is expected to be worth $4billion by 2017”- CII McKinsey Report

• Germany, France, Switzerland, US – Ayurveda• West Asia, UK – Modern Medicine• 1.6 Million Americans to travel outside for

medical treatments• Gulf countries alone spend an estimate $27

billion in 200015LIBA

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Facts

• $100 billion market growing at over 20% a year – CII & McKinsey Company Report

• Around 1.3 million medical travelers earning about $1 billion by just 5 countries

• Afro-Asian people spend as much as $20 billion a year on medical care outside their countries.

• Nigerians alone spend an estimate $1 billion a year.

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Barriers

• Extension of visa period for medical tourist• Lack of Government spending• Marketing• Facilities• Insurance coverage

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What can be done?

• Tie Up with multinational insurance companies

• Seminars and Exhibitions• Accreditation of hospitals by foreign agencies• Tie up with tour operators• Telemedicine facilities

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Thank You

Anamika Chakraborty (F11064)Elizabath Eappen (F11076)Sherin Thomas (F11109)Swarupa Rani Sahu (F11116)

11 Oct 20121