Booming medical tourism opportunities and challanges by dr prem jagyasi

Dr Prem Jagyasi
Dr Prem JagyasiAward Winning Global Leader & Speaker | CEO - Dr Prem & Associates | Founder - Dr Prem Web Magazine Network | DrPrem.com
Dr Prem Jagyasi
Chartered Marketing Consultant
MD & CEO – ExHealth, Dubai HealthCare City, UAE
Booming Medical Tourism
Opportunities & Challenges
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.
Terms
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 /
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 /
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 /
Cost
Need
Demographic Factors
Lack of Health Resources
Why is Medical Tourism Booming? What are industry drivers?
Key Medical Tourism Factors
Understanding economical point of
view in medical tourism.
Market Potentiality
Source : www.visa-asia.com
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
Medical Tourism Across the Globe
Opportunities
Promise of Medical
Tourism industry
14
Opportunities
Tourism
Industry
Economy
Industry
Health
Industry
14
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
Industry Growth
Tourism
Industry
Economy
Industry
Health
Industry
$20
billion
17
Airlines
Hotels
Travel
Agents
Medical Tourism Facilitators
• Sourcing Health Providers
• Sourcing Consumers
• Providing travel and tourism
support
18
Medical Tourism Facilitators
Planner / Agents
- Planet Hospital
Travel
SAHARA, CTC
Hotel Group
19
Why Medical Tourism Facilitators?
Facilitators
One Stop
Solutions
Know How
Negotiate
Better
Travel &
Logistic
Assistance
Representative
Understand
Needs
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
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?
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
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.
Dr Prem Jagyasi
Chartered Marketing Consultant
MD & CEO – ExHealth, Dubai HealthCare City, UAE
Booming Medical Tourism
Opportunities & Challenges
1 of 24

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Booming medical tourism opportunities and challanges by dr prem jagyasi

  • 1. Dr Prem Jagyasi Chartered Marketing Consultant MD & CEO – ExHealth, Dubai HealthCare City, UAE Booming Medical Tourism Opportunities & Challenges
  • 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.
  • 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. 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. 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. Cost Need Demographic Factors Lack of Health Resources Why is Medical Tourism Booming? What are industry drivers?
  • 9. Understanding economical point of view in medical tourism.
  • 10. Market Potentiality Source : www.visa-asia.com
  • 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
  • 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
  • 17. 17 Airlines Hotels Travel Agents Medical Tourism Facilitators • Sourcing Health Providers • Sourcing Consumers • Providing travel and tourism support
  • 18. 18 Medical Tourism Facilitators Planner / Agents - Planet Hospital Travel SAHARA, CTC Hotel Group
  • 19. 19 Why Medical Tourism Facilitators? Facilitators One Stop Solutions Know How Negotiate Better Travel & Logistic Assistance Representative Understand Needs
  • 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 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. 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. 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. Dr Prem Jagyasi Chartered Marketing Consultant MD & CEO – ExHealth, Dubai HealthCare City, UAE Booming Medical Tourism Opportunities & Challenges

Editor's Notes

  1. Medical travel is not new word, many years ago greed patient traveled to place called epidura, then roman & Britain patient traveled for water & spa treatment. The first recorded instance of Medical travel was when Florence (Mother of Nursing Services) started referring patients from Switzerland to turkey. Then Cuba started forma medical travel promotion, followed by Argentina, Mexico brazil….etc. But in the last decade, developing Asian countries started attracting developed world, inviting them for benefits of low cost medical services combining with the joy of tourism attraction. This why a term called Medical Tourism was coined. In my opinion the current medical tourism work as one way street at MTA we are trying to develop two street which will lead this industry to Global Healthcare Industry.
  2. Visa database, reveal very interesting information about how visitors spent money in Asia Pacific. The study, which is based on actual transactions, not on surveys, indicated the Medical purchasing rank number five. Significantly highlighting the strength of Medical Industry in Asia Pacific region.
  3. Medical tourism is creating tremendous opportunities for Government sector, tourism board, private healthcare, health-travel facilitators and travel agents.