Price Comparison between treatment in india and in your home Town

Indians,
NRIs and tourists from around the world are beginning to realize the potential
of modern and traditional Indian medicine. Indian hospitals and medical establishments
have also realized the potential of this niche market and have begun to tailor
their services for foreign visitors. At a regional geo-political level, this
nascent industry came to limelight with the arrival of 'Baby Noor' from Pakistan,
who came by the Indo-Pak bus service and got a red-carpet treatment at hospital
in Bangalore. Several Indian state governments have realized the potential of
this 'industry' and have been actively promoting it. Visitors, especially from
the west and the middle-east find Indian hospitals a very affordable and viable
option to grappling with insurance and National medical systems in their native
lands. Many prefer to combine their treatments with a visit to the 'exotic east'
with their families, killing two birds with one stone.
With internationally recognised healthcare professionals, holistic medicinal
services and low cost of treatment, India can attract over one million health
tourists every year, according to industry body CII. The country offers a
unique mix of indigenous systems such as yoga, ayurveda and meditation and
western medicinal systems like allopathy. This, along with world class experts
and the cost advantage, can help attract over a million patients and earn
$5 billion every year, a CII release said.
While a heart surgery costs $30,000 in the US, it costs $6,000 in India. Similarly,
a bone marrow transplant costs $26,000 here compared to $250,000 in the US,
the release said adding that India should leverage its competitive strength
to promote medical tourism.
About 1.5 lakh patients had come to the country last year and the chamber along
with Indian Healthcare Federation is working with tour operators for promoting
packages to attract more medical tourists. CII and IHCF would also suggest a
list of reputed hospitals in major cities with details of service and an indicative
uniform price band in major specialities, it said. This would facilitate foreign
patients seeking treatment in the country, the release said.
"The Indian doctors, they did such a fine job here, and took care of us
so well," said Staab, a gentle, ponytailed bicycling enthusiast who was
accompanied to India by his partner, Maggi Grace. "I would do it again."
Growing number of people known as "medical tourists" who are traveling
to India in search of First World health care at Third World prices.

Last year, an estimated 150,000 foreigners visited India for medical procedures,
and the number is increasing at the rate of about 15 percent a year, according
to Zakariah Ahmed, a health care specialist at the Confederation of Indian Industries.
Eager to cash in on the trend, posh private hospitals are beginning to offer
services tailored for foreign patients, such as airport pickups,Internet-equipped
private rooms and package deals that combine, for example, tummy-tuck surgery
with several nights in a maharajah's palace. Some hospitals are pushing treatment
regimens that augment standard medicine with yoga and other forms of traditional
Indian healing.
The phenomenon is another example of how India is profiting from globalization
-- the growing integration of world economies -- just as it has already done
in such other service industries as insurance and banking, which are outsourcing
an ever-widening assortment of office tasks to the country. A recent study by
the McKinsey consulting firm estimated that India's medical tourist industry
could yield as much as $2.2 billion in annual revenue by 2012.
"If we do this right, we can heal the world," said Prathap C. Reddy,
a physician who founded Apollo Hospitals, a 6,400-bed chain that is headquartered
in the coastal city of Chennai and is one of the biggest private health care
providers in Asia.
In addition to patients from other developing countries, top Indian hospitals
derive a significant share of foreign business from people of Indian origin
who live in developed countries but maintain close ties to their homeland.
But the same hospitals now are starting to attract non-Indian patients from
industrialized countries, and especially from Britain and Canada, where patients
are becoming fed up with long waits for elective surgery under overstretched
government health plans.
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