First World Treatment at Third world Costs

(Advantage to India-Globalization,Medical Tourism)

Abstract:

India is considered the leading country promoting medical tourism-and now it is moving into a new area of "medical outsourcing," where subcontractors provide services to the overburdened medical care systems in western countries. MEDICAL TOURIST include patients trying to avoid treatment delays and obtain timely access to health care.With globalisation ,increasing number of patients leaving their home communities in search
of orthopedic surgery, ophthalmologic care, dental surgery, cardiac surgery and other medical intervention. India's National Health Policy declares that treatment of foreign patients is legally an "export" and deemed "eligible for all fiscal incentives extended to export earnings."

Why India for medical tourism?


Quality


Large pool of doctors, nurses & paramedics

Strength: - Over 650,000 doctors;
- Highly skilled experts, and Possess English speaking skills
India's top-rated education system is not only churning out computer programmers and engineers, but an estimated 20,000 to 30,000 doctors and nurses each year.A wide-range of services are on offer. Ministry of tourism brochures advertise cardiac surgery, minimally invasive surgery, oncology services, orthopaedics and joint replacement, and holistic health care, provided by about 45 hospitals promoted as “centres of xcellence”.Many highly qualified doctors have had some form of training from abroad , specially USA and UK. Indian surgeons and doctors are known for their skill and research throughout the world

Comfort Level
- NRI doctors recognized as amongst best in adopted countries (First
World)
- Usage of English
- Indian Nurses increasingly getting international exposure
indian Nurses increasingly getting international exposure

Value Proposition
-Complicated urgical procedures possible at 1/10th the cost
- increasen use of Computerized Hospital Information Systems
-software technologists facilitating tech revolution in
healthcare
-State-of-the-art medical establishments of great repute
Lower Medication cost:

Indian pharmaceuticals meet the stringent requirements of the U.S. Food and Drug Administration.
-Strong Parma sector gaining world recognition
-Fst emerging as major Drug R&D Center
Strong Generic drugs business
Low cost of drug development in India
Medical visas
Indian consulates and missions abroad face a growing number of inquiries about “M” or medical visas.
The Indian Ministry of Tourism’s 13 overseas offices are stocked with information for those intending to travel to India for medical treatment. The new M-visas are valid for a year and are issued for companions too.The validity of medical visa is up to one year.

traditional or alternative medicine proposition

Ancient Ayurvedic stream of medicines India also has a unique position in the holistic medicinal service. With yoga, meditation, ayurveda, massage, holistic medicine, naturopathy and other systems of medicines, India offers a unique basket of services to an individual that is difficult to match by other countries. India is aggressively publicizing its traditional medicinal system and modern health services in association with the tourism authorities worldwide including the US.The objectives of Ayurveda is to establish prime health in every living being, physically, mentally and spiritually. The basic concepts and fundamental principles aim at establishing such a condition through correct and thorough knowledge of healthy living.


Joint Commission International (JCI) Accredition

JCI Accridated hospitals are incresaing wher it shows the quality of hospitals
Presently there are 13 accredated hospital and some hospitals are waiting for approval
No waiting list

Hospitality

Indian hotel industry is very well organised. The type of hotels range from star categiry to budget hotels making it suitable to all type foreign clintel vising for the medical tourism. The tourists can conform their accomodation priour to their visit trough online booking or travel agencies etc.
Tourist interest(different tourism products)
5000 year old civilization
Renowned for Historical, Cultural and Religious diversity.Diverse geographical landmarks; vast coastline
Traditional arts and crafts
Vibrant democracy: Freedom for citizens; empowered women population

Low cost treatments
Complicated surgical procedures possible at 1/10th the cost.the figures shown below

Cardiac Surgery U.S. Price(surgery only) India Price(see * below)
Angioplasty (Coronary) $60,000 $2,558
Angioplasty (Primary) $30,000 $2,785
Aortic Aneurysm Repair $45,000 $1,648
Coronary Bypass $100,000 $5,387
Pacemaker $85,000 $1,364

Cosmetic Surgery U.S. Price(surgery only) India Price(see * below)
Breast Augmentation $3,500 $387
Tummy Tuck $6,500 $1,262
Liposuction $2,500 $1,932
Face Lift (Major) $5,500 $1,262

Hernias U.S. Price(surgery only) India Price(see * below)
Incisional Hernia with Mesh $15,000 $978
Hiatus Hernia Repair $15,000 $2,728

Orthoscopic Surgery U.S. Price(surgery only) India Price(see * below)
Hip Replacement (Total) $40,000 $4,149
Knee Replacement $27,000 $1,932

Other Surgery U.S. Price(surgery only) India Price(see * below)
Hysterectomy $25,000 $1,093
Thyroidectomy $20,000 $2,513
Vaginoplasty $25,000 $2,888
Colecystectomy (Laprascopic) $5,800 $2,512
Colectomy $25,000 $2,261
Liver Transplant $125,000 $34,090
· Actual price will be finalized before the patient leaves for surgery, and varies based upon final determination of procedures

Conclusion
Globalisation opened the door to travel the people for medical procedures around the globe that India is attracting with the advantage of Inexpensive air travel, low-cost telecommunications,no waiting list ,pahrmasutical companie meeting US-FDA standards.Medical tourism is an example of how India is profiting from globalization and outsourcing. It is also a new form of consumer diplomacy, whereby foreigners who receive medical services in India help the country to promote itself as a business and tourism destination.