The Importance Of Medical Tourism In India

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Introduction A journey that patients take from one country to another country to get cost effective and efficient medical treatment, followed by a great vacation at some of the most beautiful locations is called medical tourism. In simple terms, the medical tourism refers to “visit by overseas patients for medical treatment and relaxation”. Thus, it is an amalgamation of two distinct services: healthcare and tourism. Although the medical tourism is a recent phenomenon, this sector grows exponentially and emerges as a major force for the growth of services exports worldwide. Currently, it is a multibillion dollar industry.Countries like Belgium, Costa Rica, Cuba, Dubai, Hungary, India, Israel, Jordan, Malaysia, Singapore, South Africa, Thailand etc are actively involved in medical tourism. India is one of the major democratic nations of the world. It has achieved considerable progress after initiation of reforms in 1991. It has emerged as the fourth largest economy in purchasing power. It is amongst the fastest growing …show more content…

In 2010, there were 7,50,000 medical tourists in India. The foreign exchange earning from this sector was around US $1068 million. Estimates indicate the number of medical tourist in India will increase to 2.8 million and the exchange earning will rise to US $3964 million in 2015.According to proponents, plastic surgery in India is comparable to much that is available in the U.S but with great different in plastic cost. Because of the India’s preferable exchange rate with dollar, official figures indicate that among the 55 counties that come to the country for affordable plastic surgery, the biggest growth in business comes from UK and United States. Today, plastic surgery in India is one of the respected assets of medical

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