|
| |
Medical Tourism
Sun & Sand And Scalpels
State-of-the-art hospitals +
alluring post-op locales
Need Hideaway Holidays for bigger breasts, a facelift or IVF ?
Where the cost saved on one MRI could pay for a return ticket, medical tourism is
bound to boom.
In certain countries like
India or China the medical tourism opportunity is unique as it offers holistic medicinal
service. With yoga, meditation, ayurveda, allopathy, and other medical facilities, the medical tourist is
offered a unique blend of services that will be difficult to match in other countries.
They have the best medical talent, many of whom have practiced abroad.
The latest equipment in India will be identical to the latest
equipment in the U.S. or U.K. and Indian Hospitals like IMCL are receiving accredition
from Joint Commission International (JCI) of the US
Check Out Medical Tourism Destinations
Medical Tourism In India
Medical Tourism In Hong Kong
Medical Tourism In Thailand
Medical Tourism In Singapore
Medical Tourism In Malaysia
Medical Tourism In Philippines
Health Tourism in Russia
Health Tourism in Saudi Arabia
What is the USP
that a country needs, to offer itself as a destination for medical tourism or health
tourism?
Medical tourism has to offer a business and a value proposition. Many developing countries
are in a position to offer medical services at one-tenth the cost compared to that in many
countries in the West, matching the quality at par with developed countries. Thus creating
an opportunity in cost-effective treatment and medical tourism.
Certain countries like India or China the opportunity is unique as it offers holistic
medicinal service. With yoga, meditation, ayurveda, allopathy, and other medical
facilities, they offer a unique blend of services to an individual that will be difficult
to match in other countries. They have the best medical talent, many of whom have
practiced abroad.
How big is the market for medical tourism?
In United Kingdom, the National Health Service has a backlog of about 2,50,000 cases,
which can be a ready market for other countries. If we take the annual medical spends in
countries in Middle East, and other countries such United States and United Kingdom,
medical tourism could be worth about $20 billion as of now.
Can a big inflow of foreign tourists for medical benefits have an adverse impact
on local medical services?
In medical tourism, we find there are five-star hotels that cater to high-end customers
while there are those that are targeted at budget medical tourists who are looking for
affordable cost-effective treatment. Similarly, under health tourism or medical tourism
there would be hospitals that will target tourists and patients from abroad. Medical
tourism can help to subsidise local medical services as they offer large volumes at better
margins.
So, health tourism or
medical tourism is a good business proposition by providing affordable cost-effective
treatment.
What are the challenges before the countries to develop as health tourism or
medical tourism destination?
The biggest challenge is to position themselves as a favourable health care destination by
setting high standards and work in association with the government and the medical council
to see to it that all hospitals keep up to those standards. There is a huge market for
health tourism in Africa. But it would not be possible to reach out to those markets
without direct flights.
How is the healthcare industry in respective countries promoting their country as
health tourism or medical tourism destination?
Thailand, for instance, has just one world-class hospital, and they are already hot on
medical tourism destination. Singapore too has seen this opportunity early and their
public health system is being accessed by medical tourists from many countries.
Australia has also set up a huge health care infrastructure for health tourism or medical
tourism. The Indian Health Care Federation is now working along with different industry
chambers to promote medical tourism in the country.
The Comparative Costs between India and other developed
countries like US, UK, and Singapore Approximate Figures In US Dollars. |
| |
US |
UK |
SINGAPORE |
INDIA |
| Bone Marrow Transplant |
upto 200,000 |
upto 200,000 |
|
20,000 |
| Bypass Surgery |
15,000-40,000 |
|
|
2,000-6,000 |
| Breast Lump Removal |
|
2,500-3,500 |
1,000 |
700 |
| Haemorrhoidectomy |
|
3,500-4,000 |
1,500 |
1000 |
| Knee Joint Replacement |
|
15,000 |
6,000 |
5,000 |
| No Stitch Cataract Surgery |
4,500 |
|
|
500 |
| In-vitro fertilisation (IVF) cycle |
15,000 |
|
|
2,000 |
Country Reports |
A Glance of Nuclear Medicine Service
Costs in India* |
C.T. Scan Costs in India* |
India |
Rest-Redist. Thall/Rest Gated SPECT/Infarct lmaging: $100 |
Head - Plain & Contrast: $ 50 |
Singapore |
Thallium Stress Myocardial Perfusion Scintigraphy: $175 |
Thorax - Plain & Contrast: $ 50 |
Malaysia |
Brain SPECT/First-Pass C.B.F. with Brain Scan: $175 |
Neck - with Contrast: $ 50 |
Thailand |
Gallium Scanning: $175 |
Abdomen - with Contrast: $ 50 |
| Hong
Kong |
Whole Body Bone Scan:$ 75 |
Pelvis - Contrast: $ 50 |
| Saudi Arabia |
99m Tc-Sesta MIBI tumor imaging: $100 |
Orbits - Plain & Contrast: $ 50 |
| Philippines |
Dynamic Hepatobiliary study: $75 |
|
Russia |
Lung perfusion lmagine: $75 |
*Approx. Average In US Dollars. |
| |
|
|
Medical Tourism In India
India offers world class
medical facilities in world class hospitals and the doctors are comparable with any of the
doctors in western countries. India also offers the most competitive prices.
Medical tourism is the buzzword now. The government as well as private players are keenly
assessing the potential and means to tap the same. The boom in state-of-the-art hospitals
and well-qualified doctors, have attracted the patient population from neighbouring
countries, the Middle East and the West who are looking for quality affordable
cost-effective treatment.
The equation is First World treatment at Third World prices. A
CII-McKinsey report last year, postulating the opportunities in medical tourism, states
that the medical tourism market in the country pegged a 30 per cent growth in 2000 and it
has been growing at the rate of 15 per cent for the past five years.
If industry estimated are
to be believed, the size of the medical tourism industry stands at Rs 1,200-1,500 crore
(Rs 12-15 billion), growing at the rate of 30 per cent. Health industry is beginning to
see scale of opportunity for medical tourism.
A recent CII-McKinsey study
on healthcare says medical tourism alone can contribute Rs 5,000-10,000 crore (Rs 50-100
billion) additional revenue for upmarket tertiary hospitals by 2012, and will account for
3-5 per cent of the total healthcare delivery market delivering affordable cost-effective
treatment.
India, has many world-class
hospitals and medical facilities at its disposal. They definitely have an advantage over
others, as apart from the cost factor, most foreign nationals are used to getting treated
by Indian nationals abroad. Indian medical professionals settled abroad are associated
with high quality care.
Nearly seven per cent of patients at Apollo Hospitals today come from countries in the
Middle East. They have now gone on to set up offices in various countries to channelise
patients to their hospitals. With telemedicine, it has become easier for patients to keep
in touch with them and facilitates their transfer to hospitals in India. Apollo Hospitals
currently devotes nearly 10 per cent of its health care infrastructure for medical tourism
purpose.
They have already invested around Rs 250 crore in 2003 with the idea to attract medical
tourists. They have set up a hospital in Ahmedabad with the intention of attracting
non-resident Gujaratis from the world over. They also have put in place medical
infrastructure in Sri Lanka to attract tourists who come to that country. They will be
soon putting up a combination of a Spa and a hospital in Goa , with focus on non-electric
surgeries as well.
"Compared to countries
like the UK or the US, minor treatments like those for dental problems or major procedures
like bypass surgery or angioplasty come at a fraction of the cost in India, even though
the quality of doctors and medical equipment is comparable to the best in the world,"
says K K Aggarwal, executive vice-chairman of the Heart Care Foundation of India.
A bypass surgery in India
costs $2,000-5,000, while in the US it costs between $15,000 and $40,000. That's really
affordable cost-effective treatment.
No wonder corporate
hospitals like Apollo and Escorts Heart Institute and Research Centre are working towards
capturing a larger share of the pie with their cost-effective treatment.
Escorts is in the process
of arranging travel and lodging facilities for its overseas patients/medical tourists. In
less than two years, Escorts has doubled its number of overseas patients from 675 in 2000
to around 1,200 till date this year.
"Almost 10 per cent of
our patients/medical tourists come from Sri Lanka, Bangladesh, Nepal and West Asia,"
Naresh Trehan, executive director of Escorts, said.
The Mohali-based Fortis
Hospital has already entered into a mutual referrals arrangement with Partners Healthcare
System, that has hospitals like Brigham Women's Hospital and Massachusetts Hospital,
Boston, under its umbrella. "We will soon launch a defined programme for the two-way
flow of patients," Harpal Singh, chairman of Fortis, said.
The Apollo Hospitals Group
is also holding discussions with the National Health Scheme, UK, to bring patients/medical
tourists from the UK to India, highlighting their affordable cost-effective treatment.
"The waiting period
for surgeries such as knee replacement is too long in the UK. We are working on a plan for
getting those patients/medical tourists to India," Yogi Mehrotra, managing director
of Apollo Hospitals, said. The hospital is also working on attracting patients/medical
tourists from African countries and is in talks with the authorities concerned.
The Indian Healthcare
Federation, an association of the healthcare delivery sector that includes the Apollo
Hospitals Group, Mumbai's Hinduja Hospital, Max Healthcare, the Fortis Heart Institute
among others, has also decided to project India as a healthcare destination with its
affordable cost-effective treatment.
Among private players,
Apollo has been a forerunner in health tourism. It has been a choicest destination for
patients/medical tourists from Southeast Asia, Africa, and the Middle East. The group has
tied up with hospitals in Mauritius, Tanzania, Bangladesh and Yemen besides running a
hospital in Sri Lanka, and managing a hospital in Dubai.
In 2002, the number of patients who visited the hospital was 3001 and about 700 were
hospitalised. Along with providing treatment, the stay of the foreign medical tourist is
taken care of by the hospital itself. The group has tied up with hotels in Delhi for this
purpose. According to Dr Chabra, additional medical director, ISIC (Indian Spinal Injury
Centre), ISIC is another destination for patients/medical tourists from neighbouring
countries, Gulf and a few NRIs from the US.
Now, to attract more people, the emphasis is on vacation plus treatment and special
packages have been planned for this. On the anvil is another plan to make the medical
tourists and their relatives stay in the hospital complex with all the luxuries a hotel
provides. Dr Shakti Gupta, AIIMS, stresses on the need to export health care services.
According to him, Indian doctors, medical services, and hospitals are at par with good
hospitals in Europe and the US.
AIIMS is a destination for medical tourists from Nepal, Bangladesh, Bhutan, Myanmar,
Mauritius, Malaya and Pakistan. Besides regular medical tourists from the Middle-East, an
occasional patient/medical tourists from the US drops in for health care. Medical tourists
from Pakistan, especially children with heart afflictions, have been regularly coming to
AIIMS heart centre. According to Dr Gupta, AIIMS was made for the helath care of
entire south-east Asia populace and since it is a government institute there are no plans
to attract more foreigners.
The attractions for affordable cost-effective treatment at AIIMS include cardiac surgery,
neurosurgery, cancer treatment and ophthalmic procedures. The services are charged
on actuals and ours being a government institute we are not angling to make money but are
here to serve the people, stressed Dr Gupta.
The Metro hospitals and Heart Institute, Noida, also manages to attract medical tourists
from Nepal, Bhutan, Sri Lanka, Bangladesh and a few from Maldives and the Gulf region.
Their motto is to extend excellent health services to medical tourists who travel here for
health care and also for tourists who need health care while their stay in India.
Indian hospitals getting recognition from international insurance companies will bring in
more patients/medical tourists from abroad, says Anil K Maini, head, marketing, health
care and medical tourism business, Escorts Heart Institute and Research Centre. The centre
is emerging fast as a favourite destination for patients/medical tourists from
neighbouring countries, Africa and CIS. With BUPA recognition, patients/medical tourists
from the UK are coming here for treatment. About 1,000 medical tourists from abroad are
treated in Escorts on an annual basis.
Although only a few hospitals are making conscious efforts to increase the existing inflow
of health tourists, nobody denies the huge potential medical tourism has. And it will not
be long before its full potential is realised, provided we cultivate the service mind-set
or attitude, put in place an accreditation system and project our capabilities overseas
through multiple media.
List
Of Private Hospitals In India With World Class Clincal Facilities
Medical Tourism In Hong Kong
Hong Kong has a reputation
for high standards, but the fees are relatively high.
Though Hong Kong has long
been a destination of choice, lower costs are making increasing numbers opt to travel to
other countries like India, Thailand and Malaysia.
Where the cost saved
on one MRI could pay for a return ticket, medical tourism is bound to boom.
| |
|