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Cost Comparison
Indians, Non Resident Indians (NRIs), People of Indian Origin
(PIO) and tourists all over the world are beginning to realize
the potential of modern and effectiveness of alternate systems
of medicine. Indian hospitals and medical establishments now
realized the potential of this niche market and have begun
to tailor their services for foreign visitors. At a regional
geo-political level, this nascent industry came to limelight
with the arrival of 'Baby Noor' from Pakistan, who came by
the Indo-Pak bus service and got a red-carpet treatment at
hospital in Bangalore. Visitors, especially from the west,
the middle-east and Africa find Indian hospitals a very affordable
and viable option to grappling with insurance and National
medical systems in their native countries. The concept of
combining r treatments with a visit to the 'exotic east' with
families, killing two birds with one stone is attaining popularity.
With internationally recognized healthcare professionals,
accredited hospitals, holistic medicinal services and low
cost treatment, India attracts over one million health travelers
every year. The country offers a unique mix of indigenous
systems such as yoga, ayurveda and meditation and western
medicinal systems like allopathy. This, along with world class
experts and the cost advantage, can help attract over a million
patients and earn $5 billion every year.
A dental implant will cost at least 75 percent less in India,
MRI will cost about $60 in India compared to $700,and an open-heart
surgery will cost just $4500 in India as compared to $18000,
Crano-facial surgery or a hip replacement costs about $4300
in an Indian hospital while it may cost $13000, a heart surgery
costs $6000 in India and is $30,000 when we compare the costs
in India and USA. Similarly, a bone marrow transplant costs
$26,000 in India compared to $250,000 in the US.
The cost differentials coupled with high quality services
makes India one of the prime destination for medical travel.
Cost Comparisons for selected medical Interventions.
The Comparative Costs between India and other developed countries
like US, UK, and Singapore - Approximate Figures In US Dollars.
| |
US
$ |
UK
(Private) $ |
SINGAPORE
$ |
INDIA
$ |
| Bone
Marrow Transplant |
upto 200,000 |
upto 200,000 |
- |
upto
25,000 |
| Bypass
Surgery |
35,000 |
25,000 |
- |
6,000 |
| Breast
Lump Removal |
- |
3,200 |
1,000 |
700 |
| Haemorrhoidectomy |
- |
3,800 |
1,500 |
1000 |
| Knee
Joint Replacement |
- |
15,000 |
7,000 |
5,000 |
| Lasik
Surgery |
4,000 |
2,800 |
1,600 |
700 |
| No
Stitch Cataract Surgery |
4,500 |
2,600 |
- |
700 |
| In-vitro
fertilisation (IVF) cycle |
15,000 |
- |
- |
1,800 |
| Hernia
Correction |
2,800 |
2,700 |
2,500 |
1,000 |
| Dental
Implants |
3500 |
2800 |
1600 |
800 |
* These rates are indicative of approximate costs. The actual
rates will vary on case to case basis.
Amongst all global medical tourism destinations, India undoubtedly
offers the best to the world in terms of quality, cost and
care. Reputed Indian hospitals now have the latest cutting
edge technology and world class doctors. The flow of overseas
patients to India is growing every year at a healthy pace.
Find below is a Comparison of indicative costs in India versus
some other Asian Medical Tourism destinations.
| Country |
United
States |
India |
Thailand |
Singapore |
Malaysia |
Panama |
South
Korea |
Taiwan |
| Procedures |
| Coronary
artery bypass surgery |
$70,000-
133,000 |
$7,000 |
$22,000 |
$16,300 |
$12,000 |
$10,500 |
$31,750 |
$27,500 |
| Bypass
surgery with heart valve replacement |
$75,000-
140,000 |
$9,500 |
$25,000 |
$22,000 |
$13,400 |
$13,500 |
$42,000 |
$30,000 |
| Hip
replacement |
$33,000-
57,000 |
$7,200 |
$12,700 |
$12,000 |
$7,500 |
$5,500 |
$10,600 |
$8,800 |
| Knee
replacement |
$30,000-
53,000 |
$7,200 |
$11,500 |
$9,600 |
$12,000 |
$7,000 |
$11,800 |
$10,000 |
| Prostate
surgery (TURP procedure) |
$10,000-
16,000 |
$3,600 |
$4,400 |
$5,300 |
$4,600 |
$3,200 |
$3,150 |
$2,750 |
| Gastric
bypass |
$35,000-
52,000 |
$9,300 |
$13,000 |
$16,500 |
$12,700 |
$8,500 |
$9,300 |
$10,200 |
| Face-lift |
$10,500-
16,000 |
$4,800 |
$5,000 |
$7,500 |
$6,400 |
$2,500 |
$6,650 |
$8,500 |
Note: U.S. charges are list
prices. Physician and certain other fees are generally
excluded. Prices at non-U.S. hospitals are all-inclusive
other than for Panama, which does not include surgeon’s
fee. Only data from Joint Commission International accredited
hospitals considered.
Source : US News & World Report, May 12, 2008; |
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