Medical Tourism refers to the influx of people from developed to developing countries for obtaining first-class yet cheaper medical treatments / healthcare services.
According to several recent surveys, India especially has turned into the richest and hottest destination for medical tourism in catering treatments such as dental, medical procedures ranging from simple treatments to invasive surgeries, alternative therapies such as ayurveda etc. For the fact that, medical treatments are of great variation across the globe, India has raised its standards in supporting and offering the best healthcare service providers in terms of cost-effectiveness, quality and trained man-power. With the rising economies of countries such as Thailand, Malaysia and Singapore which stand in competition with India in medical tourism, India holds some great advantages, such as, the use of English language throughout the country, availability of world class hospitals, highly qualified medical practitioners etc.
Medical tourism in India has seen a slow but sustained growth from literally a cottage industry stage to a flourishing corporate world that it is now. Though the industry has grown significantly, there is space for improvement in the coming years. The cost of medical / healthcare services in India is as low as 20% compared to that in developed countries such as United States, United Kingdom and many other European Countries. In India, the Ministry of Health has set up an accreditation board for hospitals & healthcare service providers called the “National Accreditation Board for Hospitals & Healthcare Providers” (NABH), and NABL “National Accreditation Board for Testing and Calibration Laboratories” which is positioned as the Quality Council of India. It functions to provide accreditating guidelines to the many hospitals & healthcare service providers. Many hospitals and healthcare set-ups also have accreditation's from the Joint Commission International (JCI) which reinforces the high quality of healthcare offered by these organizations.
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