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Booming medical tourism opportunities and challanges by dr prem jagyasi

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Booming medical tourism opportunities and challanges by dr prem jagyasi

  1. 1. Dr Prem Jagyasi Chartered Marketing Consultant MD & CEO – ExHealth, Dubai HealthCare City, UAE Booming Medical Tourism Opportunities & Challenges
  2. 2. Topic Definition: Medical Tourism Terms and Trends Economy: Understanding economical point of view in medical tourism Opportunities: The promise of medical tourism Challenges: Knowing the barriers of medical tourism Medical Facilitators: Bridging the Gap. Tapping into Medical Tourism.
  3. 3. Terms
  4. 4. Medical Travel Trends Greek Pilgrims traveled to Epidauria Roman Britain Patients traveled for Water treatment Affluent Europeans traveled in & out of Europe for SPA Patients from Switzerland traveled Turkey for cost effective treatment Source: Internet /
  5. 5. Medical Tourism Trends & Streams Cuba initiated international medical travel Cuba targeted Argentina, Chile, Mexico and Venezuela Argentina, Bolivia, Brazil, Colombia, Mexico and Costa Rica started promoting Plastic Surgery Cost Factor Travel from Developed to Developing Countries Source: Internet / wiki /
  6. 6. Medical Tourism to Global Healthcare Asia emerging as Medical Tourism Destination Thailand, Singapore, India and Malaysia gained recognition in Medical Tourism Many other Destinations are emerging : China, Philippines, Greece, South Africa Booming Medical Tourism Source: Internet / wiki /
  7. 7. Cost Need Demographic Factors Lack of Health Resources Why is Medical Tourism Booming? What are industry drivers?
  8. 8. Key Medical Tourism Factors
  9. 9. Understanding economical point of view in medical tourism.
  10. 10. Market Potentiality Source : www.visa-asia.com
  11. 11. Medical Tourism Opportunities  Almost 39% say they would go abroad for an elective procedure if they could save half the cost and be assured quality was comparable Ref:DeloitteReport2008
  12. 12. Medical Tourism Across the Globe
  13. 13. Opportunities Promise of Medical Tourism industry
  14. 14. 14 Opportunities Tourism Industry Economy Industry Health Industry 14
  15. 15. Medical Tourism Opportunities  In 2007 approximately 750,000 American traveled for medical care. That number will increase to six million by 2010. Therefore, the growth rate from 2007 to 2010 is 100 percent for the base estimate. Ref:DeloitteReport2008
  16. 16. 16 Industry Growth Tourism Industry Economy Industry Health Industry $20 billion
  17. 17. 17 Airlines Hotels Travel Agents Medical Tourism Facilitators • Sourcing Health Providers • Sourcing Consumers • Providing travel and tourism support
  18. 18. 18 Medical Tourism Facilitators Planner / Agents - Planet Hospital Travel SAHARA, CTC Hotel Group
  19. 19. 19 Why Medical Tourism Facilitators? Facilitators One Stop Solutions Know How Negotiate Better Travel & Logistic Assistance Representative Understand Needs
  20. 20. 20 Challenges for Facilitators? Identifying Target Market Promoting as Medical Tourism Facilitators Understanding Patients Needs Identifying HealthCare Providers Matching Patients with Providers Charging Patients or Providers Expecting Unexpected
  21. 21. 21 Facilitators Accreditation Programs How do you provide tourist activity options to patients or their companions? Does the foreign surgeon provide approval for a patient to participate in the proposed tourist activities? Are tourism packages included in the package price and are the tourism packages a mandatory part of the package? Do you have an employee or guide for the patient upon arrival in the destination country? Do you assist the patient with flights? Do you purchase flight tickets on behalf of the patient? Do your provide airport pickup and drop off at the domestic airport and the foreign airport?
  22. 22. Topic Definition: Medical Tourism Terms and Trends Economy: Understanding economical point of view in medical tourism Medical Facilitators: Bridging the Gap. Tapping into Medical Tourism. Opportunities: The promise of medical tourism Challenges: Knowing the barriers of medical tourism
  23. 23. Copyright / Disclaimer The presentation is for information purpose and related to medical tourism / global healthcare industry only. The presentation is incomplete without audio commentary. No material within this presentation may be copied, in any form, for public, private, or commercial use without prior approval. Sourced information in this presentation may have copyright material of respected owner. Healthcare for Islamic Patient is for information only. The presenter holds no responsibility/liability. Visit www.DrPrem.com for updated presentation and more articles.
  24. 24. Dr Prem Jagyasi Chartered Marketing Consultant MD & CEO – ExHealth, Dubai HealthCare City, UAE Booming Medical Tourism Opportunities & Challenges

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