Private Healthcare Facilities

Today India becomes the source for products and services in our day to day life may be an IT, Engineering, to Telecom and health. According to a study by McKinsey and the Confederation of Indian Industry, medical tourism in India could become a $1 billion business by 2012. The report predicts that: "By 2012, if medical tourism were to reach 25 per cent of revenues of private up-market players, up to 2,297,794,117 USD will be added to the revenues of these players". The Indian government predicts that India's $17-billion-a-year health-care industry could grow 13 per cent in each of the next six years, boosted by medical tourism, which industry watchers say is growing at 30 per cent annually.

Price advantage is a major selling point. The slogan, thus is, “First World treatment” at “Third World prices”. The cost differential across the board is huge: only a tenth and sometimes even a sixteenth of the cost in the West. Open-heart surgery could cost up to $70,000 in Britain and up to $150,000 in the US; in India's best hospitals it could cost between $9,000 and $11,000. Knee surgery (on both knees) costs 350,000 rupees ($7,700) in India; in Britain this costs £10,000 ($16,950), more than twice as much. Dental, eye and cosmetic surgeries in Western countries cost three to four times as much as in India.

For long promoted for its cultural and scenic beauty, India is now being put up on international map as a heaven for those seeking quality and affordable healthcare. Analysts say that as many as 150,000 medical tourists came to India in 2004. As Indian corporate hospitals are on par, if not better than the best hospitals in Thailand, Singapore, etc there is scope for improvement, and the country is becoming a preferred medical destination. In addition to the increasingly top class medical care, a big draw for foreign patients is also the very minimal or hardly any waitlist as is common in European or American hospitals.

Leisure Tourism is already very much in demand in India as the country offers diverse cultural and scenic beauty. India has almost all sort of destinations like high mountains, vast deserts, scenic beaches, historical monuments, religious temples etc. Known for its hospitality for tourists, the county has opened doors to welcome with the same hospitality for medical patients / service seekers

Over the past years substantial investment has been made in India's Private Healthcare Sector, in excess of 100 million USD. Specialist private hospitals with expert and dedicated staff, combined with the state of the art equipment have been set in many of India's major cities to meet the needs of the country's increasingly affluent middle class comprised of about 200 million people. Private Healthcare costs in India are a fraction of those in the Western World including UK, USA and Canada. India's private hospitals have two patient categories, (i) deluxe amenities and (ii) subsidised. International patients are cared for in the deluxe category, thus do not utilize resources available for the subsidised category. On the contrary, revenues from International patients contribute towards the subsidised services. Within this deluxe category a superior service, in terms of comfort, catering and entertainment is easily tailored, for example air conditioned, en-suite private , a great choice of western menus, satellite television, provisions of English newspapers etc...