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Health Economics- medical tourism in India
 

By Nitin Pahuja, on 30-06-2008 20:27

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 According to the Ayurvedavatarana (the "descent of Ayurveda"), ayurveda first came into being when the Hindu deity Brahma had a revelation,after which he woke up and created the Universe.

I thought we should have something lighter than Liquidation for a lazy Sunday afternoon brunch.So here goes a late Saturday night post for a late Sunday morning read.

Medical tourism - the phenomenon in which hospitals in emerging markets offer "sun, sand and surgery" at low prices to patients from North America and Europe - is gaining in popularity. While India lags behind countries like Thailand as a result of airport infrastructure and other bottlenecks, health care providers such as Apollo Hospitals are expanding at 10% a year. 

India especially seems to be a hot spot for medical tourism due to the following reasons-

  • Hospitals in India cost up to 5 times cheaper for North-Americans and up to 3 times as cheaper for affluent South Asians such as Singaporeans.
  • India as such is a popular tourist destination.It is as diverse as an entire continent (be it in terms of climate,landscapes,languages,food,culture or religion) and lighter on the pocket than most!
  • It offers several traditional and authentic forms of medicine and cure such as ayurveda.
  • We have several Indians as practicing doctors in the west .Westeners have on that count some familiarity and association with Indian doctors.

Last update : 30-06-2008 20:27

   
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