GLOBAL MEDICAL PROCEDURES COSTS COMPARISON
The heavily subsidized treatment costs are a big reason why people are considering travelling abroad to avail the best medical facilities at only a fraction of what they have to pay in their home countries. Countries like India are able to afford world class medical care at hugely discounted rates, thanks to the low cost of infrastructure and the ever lower doctor-patient ratio.
As per a cost comparison study by the American Medical Association, a knee replacement surgery will cost $40,000 in US, $10,000 in Thailand and $13,000 in Singapore, but $8500 in India. Similarly, in the US for a bone marrow transplant you will have to pay around $400,000, in UK $150,000 but in India it will cost just $30,000. No matter what treatment you opt for, you are going to save around 70-75 percent of the total cost including health or medical services, wellness travel, accommodation and food services. Below is the chart for the cost comparison:
PRICES ARE AS OF 2016
Prices are approximate and not actual prices and do not include airfare travel or lodging costs for patient and companion. Prices will vary based upon many factors including hospital, doctor’s experience, accreditation, currency exchange rates and more.
|
Medical procedure |
USA |
Costarica |
Colombia |
India |
S. Korea |
Mexico |
Thailand |
Malaysia |
Poland |
|---|---|---|---|---|---|---|---|---|---|
Heart Bypass |
$123,000 | $27,000 | $14,800 | $7,900 | $26,000 | $27,000 | $15,000 | $12,100 | $14,000 |
Angioplasty |
$28,200 | $13,800 | $7,100 | $5,700 | $17,700 | $10,400 | $4,200 | $8,000 | $5,300 |
Heart Valve Replacement |
$170,000 | $30,000 | $10,450 | $9,500 | $39,900 | $28,200 | $17,200 | $13,500 | $19,000 |
Hip Replacement |
$40,364 | $13,600 | $8,400 | $7,200 | $21,000 | $13,500 | $17,000 | $8,000 | $5,500 |
Hip Resurfacing |
$28,000 | $13,200 | $10,500 | $9,700 | $19,500 | $12,500 | $13,500 | $12,500 | $9,200 |
Knee Replacement |
$35,000 | $12,500 | $7,200 | $6,600 | $17,500 | $12,900 | $14,000 | $7,700 | $8,200 |
Spinal Fusion |
$110,000 | $15,700 | $14,500 | $10,300 | $16,900 | $15,400 | $9,500 | $6,000 | $6,200 |
Dental Implant |
$2,500 | $800 | $1,200 | $900 | $1,350 | $900 | $1,720 | $1,500 | $925 |
Lap Band |
$14,000 | $9,450 | $8,500 | $7,300 | $10,200 | $6,500 | $11,500 | $8,150 | $6,700 |
Gastric Sleeve |
$16,500 | $11,500 | $11,200 | $6,000 | $9,950 | $8,900 | $9,900 | $8,400 | $9,400 |
Gastric Bypass |
$25,000 | $12,900 | $12,200 | $7,000 | $10,900 | $11,500 | $16,800 | $9,900 | $9,750 |
Hysterectomy |
$15,400 | $6,900 | $2,900 | $3,200 | $10,400 | $4,500 | $3,650 | $4,200 | $2,200 |
Breast Implants |
$6,400 | $3,500 | $2,500 | $3,000 | $3,800 | $3,800 | $3,500 | $3,800 | $3,900 |
Rhinoplasty |
$6,500 | $3,800 | $4,500 | $2,400 | $3,980 | $3,800 | $3,300 | $2,200 | $2,500 |
Face Lift |
$11,000 | $4,500 | $4,000 | $3,500 | $6,000 | $4,900 | $3,950 | $3,550 | $4,000 |
Liposuction |
$5,500 | $2,800 | $2,500 | $2,800 | $2,900 | $3,000 | $2,500 | $2,500 | $1,800 |
Tummy Tuck |
$8,000 | $5,000 | $3,500 | $3,500 | $5,000 | $4,500 | $5,300 | $3,900 | $3,550 |
Lasik (both eyes) |
$4,000 | $2,400 | $2,400 | $1,000 | $1,700 | $1,900 | $2,310 | $3,450 | $1,850 |
Cornea (per eye) |
$17,500 | $9,800 | N/A | $2,800 | N/A | N/A | $3,600 | N/A | N/A |
Cataract surgery (per eye) |
$3,500 | $1,700 | $1,600 | $1,500 | $2,100 | $1,800 | $3,000 | $7,50 | |
IVF Treatment |
$12,400 | N/A | $5,450 | $2,500 | $7,900 | $5,000 | $4,100 | $6,900 | $4,900 |
If you compare healthcare treatment cost of India and western countries, you will find significant difference. Indian healthcare sector offers treatment of numerous diseases at cost effective rates, which is one third of western countries. India has no parallels in healthcare cost when it comes to treatments in comparison with other western and developed countries. Researchers find significant cost differences between Indian and western countries healthcare cost. In addition, the waiting time for consultation which are almost negligible in case of Indian healthcare service provider. After all, your health cannot be put at stake due to long waiting lists.
Generally, it is seen that healthcare cost of India is almost one third if compared with western countries. So, if you are suffering from any major or minor ailment and need immediate medical intervention which is inevitable and urgent, and you are hard pressed to pay from your savings, Indian hospitals and research centers are the best option for medical assistance. Would you not go to a country where high quality and professional healthcare service providers provide care for a fraction of the cost? Your answer must be yes.
Although costs in healthcare treatment in European countries and western countries less than that in the India. If researchers are to be believed that India is the least expensive if compared to European as well as other Asian countries. Apart from the cost benefit, patients will have the same sophistication in healthcare in India as available in any western country. In addition, tour operators such as Indian Holiday provide medical tourism packages at competitive prices and offer you a easy recovery from your ailments and a great holiday too.
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