There are robust efforts across major countries in the world to become hubs for medical tourism. India isn’t far behind. It is, in fact, one of the top 10 countries where people are travelling to seek healthcare services.
Medical tourism is international travel to receive medical care. The global medical tourism sector, a thriving multi-billion-dollar industry, is experiencing consistent growth driven by the expanding globalization of healthcare services. Starting as people from less-developed countries go to developed countries to get treatments that aren’t available in their own country, it turns into people traveling from richer to less-developed countries to access health services at a cheaper price.
With the two words medical tourism, both add to the overall meaning. The “medical” part is going to another country for medical reasons, and “tourism” is the concept of people staying in a foreign country after the procedure for sightseeing, traditional tourism activities, and many other things.
Dr Ankur Garg (Surgical Gastroenterology & Liver Transplant at Metro Group of Hospitals in Faridabad, India, and Sanar International Hospitals in Gurugram), believes medical tourism is “patients traveling for their healthcare needs. The main reason behind it is of course unavailability of specialty services in their region or country.” This just further goes with the fact that people travel due to their area not being as developed in a certain type of medical treatment. He also talks about how people not only travel from country to country but from state to state in India.
As per the Ministry of Tourism data, foreign tourist arrivals (FTA) for medical purposes in India grew from 495,000 in 2017 to 644,000 in 2018 and 697,000 in 2019. The pull was brought in by cost-effective services for high-quality treatments and new-age healthcare facilities. While the Covid-19 pandemic in 2020 affected inbound patients, FY 2023 saw a resurrection with 304,000 foreign tourists coming in for medical intervention.
The global medical tourism market is also poised for growth. According to the Medical Tourism Global Market Report 2023, it will grow from $35.77 billion in 2022 to $39.95 billion in 2023 at a compound annual growth rate (CAGR) of 11.7 percent. By 2027, it is expected to grow to $59.67 billion at a CAGR of 10.5 percent.
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They get medical treatment and a vacation in one. Two birds, one stone. Other than getting a vacation, there are more reasons people travel abroad for surgeries. These include:
Another key reason which isn’t talked about as much, is the infrastructure of their home country. For the vast majority of the population with insurance, it only covers medical expenses in their own country and not in others.
When talking to Ashish D, whose mother recently traveled to India from Massachusetts for dental implants, he said the two main reasons were “familiarity with dentists in India […and] the difference in the cost of the procedure between a dentist in MA and a dentist in India.” Even when considering the cost of travel and how much she could have saved through insurance, it was still 5,000 dollars less than if she had done the procedure in the US. Considering that one dental costs between 3-5 thousand dollars in the US, she got two for the price of one and got to visit family.
In today’s world, an emerging trend in healthcare is offering individuals unique opportunities beyond their home borders. This global quest for medical solutions presents various advantages, including:
While medical tourism has gained popularity for its potential benefits, there are important considerations that you should be aware of before embarking on your healthcare journey abroad, including:
Medical tourism represents a growing global phenomenon, where individuals embark on international journeys to access healthcare services while enjoying the added benefit of a vacation. This industry thrives on factors like reduced costs, recommendations, and the unavailability of treatments in one’s home country. Despite potential drawbacks such as language barriers, travel risks, and insurance limitations, the advantages, including cost savings and life-changing experiences, often outweigh these concerns. As the world continues to witness the globalization of healthcare, medical tourism is poised to remain a viable and attractive option for individuals seeking quality medical care with a touch of adventure.
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