. Medical Tourism India
It turns out that India's top-notch educational system is not only bringing forth computer programmers and engineers, but a lot of doctors as well. In fact, it has been estimated that India produces as much as 20,000 to 30,000 doctors and nurses annually. This shows that it has the potential to welcome over a million medical tourists each year, according to a CII study. As predicted by the report, "By 2012, if medical tourism were to reach 25 per cent of revenues of private up-market players, up to Rs 10,000 crore will be added to the revenues of these players." Medical tourism in India is growing at a whopping rate of 30 percent on an annual basis.
What makes India stand out from the others? Firstly, price advantage. In some instances, the prices are as low as a sixteenth of what the West has to offer. While open-heart surgery could cost as much as $70,000 in Britain and $150,000 in The US, in India, it only costs about Rs. 350,000, that is, US $7,700. Dental, eye and cosmetic surgeries in Western countries cost three to four times as much as in India.
What makes India stand out from the others? Firstly, price advantage. In some instances, the prices are as low as a sixteenth of what the West has to offer. While open-heart surgery could cost as much as $70,000 in Britain and $150,000 in The US, in India, it only costs about Rs. 350,000, that is, US $7,700. Dental, eye and cosmetic surgeries in Western countries cost three to four times as much as in India.
