Everyone thinks that healthcare is the same throughout the world. But unfortunately, not so. Although the tenets of healthcare and its founding principles are universally the same, the quality, cost and time involved for treatment vary geographically.
India is the forefront of quality healthcare, offering clinical services on par with the rest of the world. albeit at a lower cost. Healthcare technologies in India match global standards while the calibre of its physician surpasses that of world doctors.
India is easily the hottest medical tourism hub with nearly more than 5,000,000 medical tourists arriving in India from the U.S., U.K. Australia, Europe, Middle East, Africa etc annually. Still, there is always a debate and comparison about International hospitals vs. Indian hospitals. Let us take a good look at Indian healthcare facts to see how Indian healthcare core over international healthcare.
Indian Healthcare Facts:
- The Indian healthcare industry is currently valued at $61billion or R. 4 trillion today.
- The hospital industry in India has a stupendous growth rate at a CAGR of 16-17% and the industry is expected to touch $133billion or Rs. 8 trillion by 2022.
- The Indian healthcare industry, in total, will touch $280 billion by 2020.
- This healthcare sector in India will generate 40 million jobs by 2030
- Medical tourism to India contributes $3billion currently and is expected to reach $9 billion by 2020.
- The number of qualified medical doctors in India was 8,41,104 in 2017.
- Private hospitals in India account for 74% of the hospital industry while government hospital form only 26%.
- The Government of India has increased its budget contribution to the Indian healthcare industry to $4 billion or R. 31crore under the National Health Mission in 2019-20.
- The Ayushman Bharat program is the largest Government-funded healthcare program with nearly 500 million beneficiaries throughout the country.
- In India, "state-of-the-art" cardiac surgery cot a mere $ 1,800 . This is just 2 % of the average cost of heart surgery in the U.S. which is $90,000!
- Indian cardiac surgeons perform nearly 35 heart surgeries a day, including a heart transplant. This amount to 900 operation a month.
- The number of operation carried by Indian heart specialists in a month (900) equal the number of operations performed by U cardiologists in a year!
- Indian hospitals use sophisticated and "state-of-the-art" medical equipment for imaging, diagnostics, and surgery.
- EHRs have been implemented in most Indian hospitals and integrated with a central system with option for accessibility by clinical physicians even through an iPad. This drastically reduces the diagnostic time for patients.
- Bedside monitoring systems are also installed at Indian hospitals to help measure the patient's vital parameters.
- In India, the time taken by a physician to intervene in an urgent medical problem at night was just 8 minutes while in the U.S., it took an hour or even a whole day over the weekend!
- The savings augured by foreign medical tourists by seeking treatment in India range from 65% to even 90%.
- Reputed Indian hospitals treat as many as 50,000 foreign patients a year with the tourists thronging the hospital from even the Middle East, Africa, Central Asia and Europe.
- On an average, at least 10% of the revenue of an Indian hospital comes from foreign patients.
- Cardiac surgery, Paediatric Cardiac surgery, Neurosurgery, Spine surgery, Bariatric surgery, Cancer and IVF treatment are the most popular streams of clinical therapysought-after by medical tourists from abroad.
With such a huge influx of medical tourists into India, every Indian hospital must have top-class hospital quality management to cater to these patients with world-class services. To achieve this, every Indian hospital must enlist expert and professional healthcare consulting companies to streamline, optimize and enhance the efficiency of their clinical services.
0 comments:
Post a Comment