Smriti titla medical tourism
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Medical Tourism in India
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Smriti titla medical tourism
- 1. Presented by: Smriti Titla Chitkara Business School Chitkara University Submitted to: KPMG India
- 2. Medical Tourism (also called medical travel, health tourism or global healthcare) is a term used to describe the rapidly growing practice of travelling across international borders to seek healthcare services. Services typically sought by travellers include elective procedures as well as complex surgeries, etc. India is renowned for ancient alternative therapies such as Ayurveda, Yoga, Meditation and Therapeutic massage. India’s medical tourism market is expected to grow more than double in size from $3 billion at present to around $8 billion by 2020. Source: http://tourism.gov.in/wellness-medical-tourism
- 3. Yoga and Ayurvedic medicine grew in popularity five thousand years ago in India. India procured reputation as the centre of Eastern Spiritual, cultural and medicinal progress when Buddhism came along 2500 years later. Health tourism is a professionally managed, diversified enterprise engaged in core segments of – Health Care, Health Care Recruitment Services, Panel of Doctors & surgeons, etc. India is an international medical trend destination for patients seeking world class treatment. AIIMS, Apollo Hospital, Fortis Healthcare, Indraprastha Medical Care, Medanta- The Medicity, KG Hospitals, Aravind Eye Care, Kalari Kovilakom, Wockhardt Hospitals, Mumbai & Bangalore, AyurvedaGram are some major contributors in Indian Tourism. Past Present Source: http://medical-tourism-india.in/best-hospitals Source: http://www.medicalindiatourism.com/ source: http://www.health-tourism-india.com/
- 4. Cost Advantage. In India cost is 1/10th of U.S. Less time consuming for critical surgery, transplant and treatment. Rich Cultural Heritage Personalized Services Special Medical care and facility for the patient Highly Qualified physicians/ surgeons and fluent English speaking staff
- 6. 0 2000 2010 2020 Increasing Population Leads to healthcare burden In millions Source: United Nations, Department of Economic and Social Affairs, World population prospects http://www.eiu.com/industry/Healthcare
Notes de l'éditeur
- Market share is 34% and compounded annual growth is 16%. Website-http//www.mediese.co http://tourism.gov.in/wellness-medical-tourism http://www.theguardian.com/news/datablog/2012/jun/30/healthcare-spending-world-country
- Source- http://www.news-medical.net/health/Medical-Tourism-History.aspx http://www.indian-medical-tourism.com/ http://medical-tourism-india.in/best-hospitals-in-india/ http://www.medicalindiatourism.com/ http://www.ijbmi.org/papers/Vol(2)1/Version_3/C212129.pdf The main reason for growing importance of medical tourism in India is the cost of medical treatment which is comparatively 40% less, than offered by any other developed countries.
- Cost advantage: lower cost includes significantly longer post-operative care in the hospital itself. The costs are usually a lot lower than even the deductable most insurance companies levy on a patient. Medical treatment costs in India are lower by at least 60-80% when compared to similar procedures in North America and the UK Highly qualified physicians/ surgeons: Medical services will typically be provided by internationally accredited hospitals and trained doctors. Personalized services:Possibility of immediate access to health services, especially for patients that require urgent care. Rich culture heritage: Medical tourists, especially those seeking dental care, cosmetic care, etc. can enjoy the opportunity to visit new countries. Internationally accredited medical facilities using the latest technologies Highly qualified Physicians/Surgeons and hospital support staff Significant cost savings compared to domestic private healthcare Medical treatment costs in India are lower by at least 60-80% when compared to similar procedures in North America and the UK No Wait Lists Fluent English speaking staff Options for private room, translator, private chef, dedicated staff during your stay and many other tailor-made services Can easily be combined with a holiday / business trip
- http://www.medicalindiatourism.com/medical-process-flowchart/
- Source: United Nations, Department of Economic and Social Affairs, World population prospects http://www.eiu.com/industry/Healthcare