In 2017, India earned ₹1,77,874 crore as the foreign exchange revenue. And it came from medical tourism in the country. This amount is getting bigger with every passing year and it indicates the flourishing medical tourism in India.
As per Medical Tourism Association, India ranks 10th among the world’s top 46 countries in Medical Tourism. The primary factors behind this development are highly skilled doctors, world-class medical infrastructure, affordable cost, and personalized care.
According to statistics, the medical tourism industry will grow at a CAGR of 21.1% from 2020 to 2027. It means foreigners get the best Medical Treatments in India. Additionally, India is home to some of the best tourist destinations in the world. It has helped the emergence of several medical tourism companies in India that provide complete vacation packages to medical tourists. In this post, we will discuss the reasons behind the thriving medical tourism in India.
Key Highlights of Medical Tourism in India
- Comprehensive world-class services are available at highly cost-effective rates.
- Americans enjoy medical care in India at 30%-65% of the cost in the United States.
- In 2017, 495,056 patients visited India to seek medical care.
- Under the AYUSH system, one can seek India’s traditional treatments like Ayurveda, Yoga, Naturopathy, Unani, Siddha, and Homeopathy.
- Andhra Pradesh, Karnataka, New Delhi, Kerala, Tamil Nadu, and Maharashtra are the top destinations of medical tourism in India.
Factors Behind Thriving Medical Tourism in India
Current statistics in the medical sector indicate that medical tourism is on a steady growth path in India. Therefore, it is time to discuss the factors behind this remarkable development.
Quality healthcare service at affordable costs
>With state-of-the-art medical technologies, hospitals and healthcare professionals provide the best treatment. So, patients can expect quality healthcare and assistance for their condition at par with developed nations at lower costs.
Savings on medical bills
In developed countries like the U.S., costs are high for major procedures like cardiac surgeries, orthopedic treatments, etc. But in India, one can obtain the same treatment at a 50% lower cost without compromising on the quality of treatment. With comparatively lower hospital costs, medical tourists in India are also able to afford better quality services. They can opt for extended hospital stays during recovery and rehabilitation. It would otherwise be highly expensive in their home country.
Bypassing waiting lists
A big reason why patients from other countries prefer medical tourism in India is the quick attention to their health concerns. Because the same may require a long wait in their home country. It is particularly true for patients with chronic conditions. Because they have to wait it out with medicines in their home country for a long time. And they get a chance to be operated upon after a long wait.
The top hospitals in India have renowned physicians and surgeons with global exposure. Most doctors have spent a considerable time of their study and/or practicing abroad. So they are in sync with the latest technologies and procedures to be able to provide the same advanced care in India. It attracts foreign patients to medical tourism in India. Because they get treatment from widely skilled and acclaimed doctors present in India.
Medical tourism companies in India offer a well-thought-out plan for visiting patients. It includes comprehensive services ranging from obtaining a medical visa, preparing documents, and arranging appointments and stay. Apart from the best medical treatment in India, they arrange for transportation for medical care and even sightseeing.
Medical tourism in India has become popular as patients receive better and cheaper options for treatment in India. And, India has made a firm presence in the medical tourism sector like developed countries. Additionally, major cities in India are well connected by air and other modes of transportation. With all of the leading global airlines operating, medical tourism in India is booming. The E-visa policy also proactively works towards increased medical tourism in India.