The document summarizes medical tourism in various countries around the world. It discusses key details about the medical tourism industries in Thailand, Malaysia, Singapore, India, Latin America, the UAE, South Korea, Japan, China/Hong Kong, Germany, and other locations. It provides statistics on numbers of medical tourists, popular treatments, government initiatives and supports, hospital accreditations, competitive advantages, and key facilities in each location.
Medical (Health Care) Sector Dubai, UAE - Challenges and Opportunities. Decem...Odyssey Recruitment
The document discusses the medical sector in Dubai, outlining opportunities and challenges. It notes Dubai's goals of providing world-class healthcare for residents while becoming a center for medical tourism. Key opportunities include developing specialized hospitals, attracting medical tourists for treatments like cosmetic surgery, and expanding long-term care options. Major challenges involve complex regulations, high staff turnover, and ensuring treatment quality and standardization across facilities. The Dubai government is taking steps through the DHA and DHCC to address these issues and realize Dubai's potential as a global healthcare hub.
Investment in Private Provider FacilitiesCBIZ, Inc.
A presentation regarding Private Investment in Provider Facilities, by Stu Anolik, International Tax Practice Leaders with CBIZ MHM LLC.
For more information, visit http://www.cbiz.com
The UAE has a rapidly developing private healthcare sector that delivers high quality care. The government aims to improve access through initiatives like mandatory health insurance and increasing domestic medical training programs to reduce reliance on foreign workers. However, shortages of nurses and doctors remain an issue due to a lack of Emirati interest in medical professions. The government is taking steps like increasing pay to attract more UAE nationals to nursing roles and boost domestic healthcare capacity. Major hospital groups and new facilities are expanding to meet the growing demand for healthcare from residents and medical tourists.
Public Private Partnering - Taking UAE Healthcare aheadGururaj Rai
The document discusses public-private partnerships (PPPs) in healthcare in the UAE. It outlines several issues facing public hospitals globally and in the UAE, including rising costs and demand outpacing budgets. It then presents various models for PPPs, such as private management of public hospitals or provision of specialized clinical services. Case studies from Saudi Arabia and India show successes with the PPP approach in controlling costs and improving services while maintaining regulatory oversight.
The document discusses the growing demand for medical tourism among Ethiopians as local healthcare is limited, with many traveling to countries like India, Thailand, and Dubai for treatments. It then provides information on Sri Lanka as an alternative destination, highlighting the quality and accreditation of its hospitals, lower costs compared to places like the US, and ease of travel. Contact information is also included for the Sri Lankan consulate in Ethiopia to facilitate medical tourism to Sri Lanka.
This document discusses medical tourism, which involves traveling abroad for medical treatment. It provides an overview of the scope and components of medical tourism, including treatment types, wellness, and reproduction services. India is highlighted as a major destination for medical tourism due to its high-quality care at low costs compared to other countries. Challenges and opportunities for India's medical tourism industry are examined through a SWOT analysis. The roles of the Indian government and private sector in promoting medical tourism are also outlined.
The document discusses Thailand's position as a medical hub in Asia. It notes that Thailand offers state-of-the-art facilities, internationally certified medical services, excellent medical expertise, and high-standard hospitals. It also has a significant number of accredited medical facilities. The government is working to develop Thailand into an "International Health Center for Excellence" through various initiatives. Thailand has become a leading medical tourism destination, welcoming over 2.5 million international patients in 2012. It also attracts patients with traditional and alternative medicines.
Motivation and Decision on Medical Tourism Service in Thailand .PPTNattie Bua
1) The document discusses factors that influence medical tourists' decisions to seek medical services in Thailand. It analyzes two groups - medical-focused tourists who prioritize treatment quality, and tourism-focused tourists who prioritize vacation amenities.
2) Key factors for medical tourists include treatment costs, quality and reputation, while tourism tourists consider destination attractiveness and convenience.
3) Thailand has been successful in medical tourism due to its low costs, good healthcare quality, and beautiful landscapes. However, the country needs more medical tourism agencies to coordinate services and develop its medical tourism cluster further.
Medical (Health Care) Sector Dubai, UAE - Challenges and Opportunities. Decem...Odyssey Recruitment
The document discusses the medical sector in Dubai, outlining opportunities and challenges. It notes Dubai's goals of providing world-class healthcare for residents while becoming a center for medical tourism. Key opportunities include developing specialized hospitals, attracting medical tourists for treatments like cosmetic surgery, and expanding long-term care options. Major challenges involve complex regulations, high staff turnover, and ensuring treatment quality and standardization across facilities. The Dubai government is taking steps through the DHA and DHCC to address these issues and realize Dubai's potential as a global healthcare hub.
Investment in Private Provider FacilitiesCBIZ, Inc.
A presentation regarding Private Investment in Provider Facilities, by Stu Anolik, International Tax Practice Leaders with CBIZ MHM LLC.
For more information, visit http://www.cbiz.com
The UAE has a rapidly developing private healthcare sector that delivers high quality care. The government aims to improve access through initiatives like mandatory health insurance and increasing domestic medical training programs to reduce reliance on foreign workers. However, shortages of nurses and doctors remain an issue due to a lack of Emirati interest in medical professions. The government is taking steps like increasing pay to attract more UAE nationals to nursing roles and boost domestic healthcare capacity. Major hospital groups and new facilities are expanding to meet the growing demand for healthcare from residents and medical tourists.
Public Private Partnering - Taking UAE Healthcare aheadGururaj Rai
The document discusses public-private partnerships (PPPs) in healthcare in the UAE. It outlines several issues facing public hospitals globally and in the UAE, including rising costs and demand outpacing budgets. It then presents various models for PPPs, such as private management of public hospitals or provision of specialized clinical services. Case studies from Saudi Arabia and India show successes with the PPP approach in controlling costs and improving services while maintaining regulatory oversight.
The document discusses the growing demand for medical tourism among Ethiopians as local healthcare is limited, with many traveling to countries like India, Thailand, and Dubai for treatments. It then provides information on Sri Lanka as an alternative destination, highlighting the quality and accreditation of its hospitals, lower costs compared to places like the US, and ease of travel. Contact information is also included for the Sri Lankan consulate in Ethiopia to facilitate medical tourism to Sri Lanka.
This document discusses medical tourism, which involves traveling abroad for medical treatment. It provides an overview of the scope and components of medical tourism, including treatment types, wellness, and reproduction services. India is highlighted as a major destination for medical tourism due to its high-quality care at low costs compared to other countries. Challenges and opportunities for India's medical tourism industry are examined through a SWOT analysis. The roles of the Indian government and private sector in promoting medical tourism are also outlined.
The document discusses Thailand's position as a medical hub in Asia. It notes that Thailand offers state-of-the-art facilities, internationally certified medical services, excellent medical expertise, and high-standard hospitals. It also has a significant number of accredited medical facilities. The government is working to develop Thailand into an "International Health Center for Excellence" through various initiatives. Thailand has become a leading medical tourism destination, welcoming over 2.5 million international patients in 2012. It also attracts patients with traditional and alternative medicines.
Motivation and Decision on Medical Tourism Service in Thailand .PPTNattie Bua
1) The document discusses factors that influence medical tourists' decisions to seek medical services in Thailand. It analyzes two groups - medical-focused tourists who prioritize treatment quality, and tourism-focused tourists who prioritize vacation amenities.
2) Key factors for medical tourists include treatment costs, quality and reputation, while tourism tourists consider destination attractiveness and convenience.
3) Thailand has been successful in medical tourism due to its low costs, good healthcare quality, and beautiful landscapes. However, the country needs more medical tourism agencies to coordinate services and develop its medical tourism cluster further.
Medical tourism is the practice of traveling abroad to receive medical care. India has emerged as a popular destination for medical tourism due to its lower costs, world-class facilities and doctors, and English-speaking population. Key procedures offered by India include joint replacements, heart surgery, and cosmetic surgeries at costs that are a fraction of prices in the United States or Europe. Hospitals in India seek international accreditation to assure medical tourists of quality and safety standards.
Medical Tourism in Turkey: with IVF case study, comparison to USA implementat...Mustafa Said YILDIZ
Medical tourism has become an important mechanism of obtaining medical care services and it is estimated that total value of medical tourism has become more than $100 billion per year. The number of patients travelling internationally will continue to increase with lower effective travel cost, improvements in quality of care in “medical hubs”, and the cost-advantage of obtaining services elsewhere. The flow of patients is not unidirectional; patients flow from developed to developing regions, between developing areas as well as from developing areas to developed economies. A number of factors affect the size and direction of the flow. Turkey is now competing with other regional hubs to develop its medical tourism industry. Since medical tourism focus on services that show little or no decline in value with delayed receipt of services, it is not surprising that dental care, cosmetic surgeries, etc. are being promoted. The purpose of this study is to better understand the factors associated with increased popularity of medical tourism in Turkey.
To better understand the process of development of medical tourism for specific type of medical care, this study examines one specialized intervention, In Vitro Fertilization (IVF), as the case study. In the past few years IVF has become an important medical tourism service for Turkey and analysis of its development can indicate how medical tourism evolves within a “hub” and how it can lead to development of other services for increasing the demand for general medical care by foreign patients. Cost of medical services in Turkey is only about 30% of the costs in Western Europe and the USA but the high demand for IVF services is not due to cost-advantage only; the success rate of IVF is found to be higher in Turkey than in the USA. Therefore, after correcting for the success rate, the cost-advantage per successful case becomes even higher. Over the last few years, quality indicators of Turkish hospitals in major medical tourism cities are also showing significant improvements implying that Turkey is moving towards creating significant comparative advantage in medical tourism.
This research indicates that most medical hubs like Turkey are going through rapid changes in their domestic medical care markets. Turkey has been successful in maintaining significant cost-advantage per unit of service provided compared to the cost in developed countries. Despite relatively low cost of care, the quality indices are showing significant improvements. In this case study we observe that the success rate of IVF has become better in Turkey than in the USA. If this trend of lower-cost but high quality continues, demand for medical tourism is likely to expand at a very rapid rate. In fact, higher level of medical tourism will be welfare improving for all and should be encouraged.
This document provides an overview of health tourism in India. It discusses the history and definition of health tourism, as well as the key drivers that have led to its growth as a multibillion dollar industry. It outlines India's advantages as a health tourism destination, including world-class treatment at a lower cost compared to other countries. The document also examines the systems and facilities available in India, including modern medical treatments and traditional practices like Ayurveda. It analyzes the accreditation standards that Indian hospitals must meet and provides statistics on the revenue and patients generated by India's health tourism industry.
Motivation and Decision on Medical Tourism Service in Thailand Nattie Bua
This research involves discovering what are the motivations and factors that influence customers on making decision for medical tourism service in the case of Thailand.
Scope and future of medical tourism in indiaIndmed Travel
The scope & future of medical tourism in India. What is Medical Tourism? The significance of medical tourism. The scope of India in medical tourism. The main reasons for the growing popularity of medical tourism in India.Conclusions. References.
Indonesia, the Philippines, and Vietnam, which have led regional growth in healthcare over the past three years because of their on-going universal healthcare programmes, exhibit some of the sector’s strongest near-term potential within the region.
For more information, please contact consulting.bc@ipsos.com
WE AT SWISS CLINIC PARTNERS ARE FREQUENTLY ASKED BY CLINICS TO DEVELOP NEW BUSINESS OPPORTUNITIES TO ATTRACT MORE PATIENTS. ONE EXAMPLE IS MEDICAL TOURISM WHICH WE BELIEVE HAS AN EXCELLENT POTENTIAL FOR A NUMBER OF EUROPEAN CLINICS
The document provides an overview of Vietnam's healthcare infrastructure, medical device market, and Decree 36 which regulates medical devices. It notes that Vietnam has a growing medical device market projected to reach $977.8 million by 2019, with consumables and diagnostic imaging making up nearly half. Most devices are imported, with over 95% coming from overseas. It also summarizes the key points of Decree 36 which establishes a new regulatory framework for medical device management in Vietnam and certification requirements that will impact market entry.
The document discusses India's growing health tourism industry, including medical tourism and wellness tourism. It outlines the history and factors influencing health tourism's growth in India. The major segments are defined as medical tourism, which focuses on pathology/surgery, and wellness tourism, which emphasizes alternative medicine and improving well-being. India has become a major destination for health tourism due to its traditional healing methods, cost-effectiveness, and modern healthcare facilities. Kerala and Delhi are highlighted as leading states for Ayurveda/wellness and medical services respectively. Challenges and government initiatives to promote health tourism in India are also summarized.
Medical tourism can be broadly defined as provision of 'cost effective' private medical care in collaboration with the tourism industry for patients needing surgical and other forms of specialized treatment.
For adventurous travel blog please visit http://wilsontom.blogspot.com/
This document discusses medical tourism, which is when people travel internationally to obtain medical care. Common treatments received include dental, cosmetic, and elective surgeries. Over 50 countries have identified medical tourism as a national industry. Reasons for medical tourism include lower costs, shorter wait times, and the ability to combine treatment with travel. Popular destinations include India, Thailand, Singapore, and Turkey. The document also outlines some of the benefits, risks, and statistics associated with medical tourism.
India has become an international hub for medical tourism, attracting over 300,000 medical tourists in 2006-2007 seeking affordable, high-quality healthcare. Medical tourism is a multibillion dollar industry for India, with treatments often costing 1/10th the price of Western countries but with comparable success rates. The growth of medical tourism is projected to continue rapidly, with the industry expected to be worth $2.2 billion annually by 2012. India has established world-class hospitals and healthcare infrastructure on par with Western nations, presenting an economic opportunity for medical tourism.
Medical tourism is growing, with an estimated 23 million US patients expected to spend $79.5 billion on treatment abroad by 2017. Popular destinations include Panama, Brazil, Malaysia, Costa Rica, and India due to their lower costs compared to the US, ranging from 30-70% cheaper. European countries like Germany and France also attract medical tourists through their advanced technology and lower prices of around 50% less than the US. Turkey is another top destination for medical tourism due to its geographical location, over 30 accredited hospitals, short wait times, multilingual doctors, advanced technology, and affordable prices. Turkey expects to receive 700,000 medical tourists per year generating $8 billion by 2017, and over 2 million patients generating $20 billion annually
This presentation explains medical tourism in India, it's benefits and the factors affecting it. It also looks at the darker side of medical tourism in India and introduces the concept of Medical Value Travel. The concepts are explained with the help of a storyline.
Social & ethical issues of medical tourism in Korea(Jin, Ki Nam)Ki Nam Jin
The document summarizes social and ethical issues related to medical tourism in Korea. It discusses how the government's policies to promote medical tourism globally have led to increased foreign patients but also social issues like potential lack of access to healthcare for local populations. Ethical issues around commercialization and profit-motives in the cosmetic surgery industry are also examined, as well as the role of medical tourism facilitators. While medical tourism has economic benefits, its growth needs to be balanced with ensuring equitable healthcare access and preventing unethical practices to develop sustainably.
A look at health tourism in Costa Rica as well as elsewhere in the world. Many Americans are seeking an affordable alternative to health care in the US.
Thailand has become a popular destination for health tourism due to its low-cost yet high-quality healthcare services and traditional treatments like Thai massage. Hospitals in Thailand offer JCI accreditation and have experience treating complex medical cases while costs are often much lower than in other countries. The Thai government supports the growth of health tourism through programs like the Health Promotion Temple project and by regulating herbal product standards. While facing threats from rising global competition, health tourism is seen as an important opportunity for Thailand's economy.
Medical tourism in India is a growing $2 billion industry, with an expected annual growth rate of 30%. India offers reduced costs for treatments compared to other countries, along with the latest medical technologies and internationally accredited hospitals. Common treatments sought include cardiac surgery, orthopedics, cosmetic surgery, and dentistry. Major hospitals include Apollo, Fortis, and AIIMS. The city of Chennai in particular attracts over 150 international patients daily and has become India's center for medical tourism.
LIV Hospital, Turkey as 5 star all inclusive medical treatment destination MedWIO
LIV Hospital, presentation in workshop "Still waiting for patient?", Ukraine, Kiev, october 15.
LIV Hospital as 5 star all inclusive medical treatment destination
This document discusses health tourism, including its origins thousands of years ago when people traveled to sites like Epidaurus and Bath for healing. It notes that in the 21st century, low-cost air travel has expanded health tourism globally. India has become a major destination for health tourism due to its high-quality yet affordable medical care and treatments that are often one-tenth the cost of Western countries. The document outlines India's advantages in health tourism and identifies challenges that still need to be addressed to further develop the industry.
Medical tourism is the practice of traveling abroad to receive medical care. India has emerged as a popular destination for medical tourism due to its lower costs, world-class facilities and doctors, and English-speaking population. Key procedures offered by India include joint replacements, heart surgery, and cosmetic surgeries at costs that are a fraction of prices in the United States or Europe. Hospitals in India seek international accreditation to assure medical tourists of quality and safety standards.
Medical Tourism in Turkey: with IVF case study, comparison to USA implementat...Mustafa Said YILDIZ
Medical tourism has become an important mechanism of obtaining medical care services and it is estimated that total value of medical tourism has become more than $100 billion per year. The number of patients travelling internationally will continue to increase with lower effective travel cost, improvements in quality of care in “medical hubs”, and the cost-advantage of obtaining services elsewhere. The flow of patients is not unidirectional; patients flow from developed to developing regions, between developing areas as well as from developing areas to developed economies. A number of factors affect the size and direction of the flow. Turkey is now competing with other regional hubs to develop its medical tourism industry. Since medical tourism focus on services that show little or no decline in value with delayed receipt of services, it is not surprising that dental care, cosmetic surgeries, etc. are being promoted. The purpose of this study is to better understand the factors associated with increased popularity of medical tourism in Turkey.
To better understand the process of development of medical tourism for specific type of medical care, this study examines one specialized intervention, In Vitro Fertilization (IVF), as the case study. In the past few years IVF has become an important medical tourism service for Turkey and analysis of its development can indicate how medical tourism evolves within a “hub” and how it can lead to development of other services for increasing the demand for general medical care by foreign patients. Cost of medical services in Turkey is only about 30% of the costs in Western Europe and the USA but the high demand for IVF services is not due to cost-advantage only; the success rate of IVF is found to be higher in Turkey than in the USA. Therefore, after correcting for the success rate, the cost-advantage per successful case becomes even higher. Over the last few years, quality indicators of Turkish hospitals in major medical tourism cities are also showing significant improvements implying that Turkey is moving towards creating significant comparative advantage in medical tourism.
This research indicates that most medical hubs like Turkey are going through rapid changes in their domestic medical care markets. Turkey has been successful in maintaining significant cost-advantage per unit of service provided compared to the cost in developed countries. Despite relatively low cost of care, the quality indices are showing significant improvements. In this case study we observe that the success rate of IVF has become better in Turkey than in the USA. If this trend of lower-cost but high quality continues, demand for medical tourism is likely to expand at a very rapid rate. In fact, higher level of medical tourism will be welfare improving for all and should be encouraged.
This document provides an overview of health tourism in India. It discusses the history and definition of health tourism, as well as the key drivers that have led to its growth as a multibillion dollar industry. It outlines India's advantages as a health tourism destination, including world-class treatment at a lower cost compared to other countries. The document also examines the systems and facilities available in India, including modern medical treatments and traditional practices like Ayurveda. It analyzes the accreditation standards that Indian hospitals must meet and provides statistics on the revenue and patients generated by India's health tourism industry.
Motivation and Decision on Medical Tourism Service in Thailand Nattie Bua
This research involves discovering what are the motivations and factors that influence customers on making decision for medical tourism service in the case of Thailand.
Scope and future of medical tourism in indiaIndmed Travel
The scope & future of medical tourism in India. What is Medical Tourism? The significance of medical tourism. The scope of India in medical tourism. The main reasons for the growing popularity of medical tourism in India.Conclusions. References.
Indonesia, the Philippines, and Vietnam, which have led regional growth in healthcare over the past three years because of their on-going universal healthcare programmes, exhibit some of the sector’s strongest near-term potential within the region.
For more information, please contact consulting.bc@ipsos.com
WE AT SWISS CLINIC PARTNERS ARE FREQUENTLY ASKED BY CLINICS TO DEVELOP NEW BUSINESS OPPORTUNITIES TO ATTRACT MORE PATIENTS. ONE EXAMPLE IS MEDICAL TOURISM WHICH WE BELIEVE HAS AN EXCELLENT POTENTIAL FOR A NUMBER OF EUROPEAN CLINICS
The document provides an overview of Vietnam's healthcare infrastructure, medical device market, and Decree 36 which regulates medical devices. It notes that Vietnam has a growing medical device market projected to reach $977.8 million by 2019, with consumables and diagnostic imaging making up nearly half. Most devices are imported, with over 95% coming from overseas. It also summarizes the key points of Decree 36 which establishes a new regulatory framework for medical device management in Vietnam and certification requirements that will impact market entry.
The document discusses India's growing health tourism industry, including medical tourism and wellness tourism. It outlines the history and factors influencing health tourism's growth in India. The major segments are defined as medical tourism, which focuses on pathology/surgery, and wellness tourism, which emphasizes alternative medicine and improving well-being. India has become a major destination for health tourism due to its traditional healing methods, cost-effectiveness, and modern healthcare facilities. Kerala and Delhi are highlighted as leading states for Ayurveda/wellness and medical services respectively. Challenges and government initiatives to promote health tourism in India are also summarized.
Medical tourism can be broadly defined as provision of 'cost effective' private medical care in collaboration with the tourism industry for patients needing surgical and other forms of specialized treatment.
For adventurous travel blog please visit http://wilsontom.blogspot.com/
This document discusses medical tourism, which is when people travel internationally to obtain medical care. Common treatments received include dental, cosmetic, and elective surgeries. Over 50 countries have identified medical tourism as a national industry. Reasons for medical tourism include lower costs, shorter wait times, and the ability to combine treatment with travel. Popular destinations include India, Thailand, Singapore, and Turkey. The document also outlines some of the benefits, risks, and statistics associated with medical tourism.
India has become an international hub for medical tourism, attracting over 300,000 medical tourists in 2006-2007 seeking affordable, high-quality healthcare. Medical tourism is a multibillion dollar industry for India, with treatments often costing 1/10th the price of Western countries but with comparable success rates. The growth of medical tourism is projected to continue rapidly, with the industry expected to be worth $2.2 billion annually by 2012. India has established world-class hospitals and healthcare infrastructure on par with Western nations, presenting an economic opportunity for medical tourism.
Medical tourism is growing, with an estimated 23 million US patients expected to spend $79.5 billion on treatment abroad by 2017. Popular destinations include Panama, Brazil, Malaysia, Costa Rica, and India due to their lower costs compared to the US, ranging from 30-70% cheaper. European countries like Germany and France also attract medical tourists through their advanced technology and lower prices of around 50% less than the US. Turkey is another top destination for medical tourism due to its geographical location, over 30 accredited hospitals, short wait times, multilingual doctors, advanced technology, and affordable prices. Turkey expects to receive 700,000 medical tourists per year generating $8 billion by 2017, and over 2 million patients generating $20 billion annually
This presentation explains medical tourism in India, it's benefits and the factors affecting it. It also looks at the darker side of medical tourism in India and introduces the concept of Medical Value Travel. The concepts are explained with the help of a storyline.
Social & ethical issues of medical tourism in Korea(Jin, Ki Nam)Ki Nam Jin
The document summarizes social and ethical issues related to medical tourism in Korea. It discusses how the government's policies to promote medical tourism globally have led to increased foreign patients but also social issues like potential lack of access to healthcare for local populations. Ethical issues around commercialization and profit-motives in the cosmetic surgery industry are also examined, as well as the role of medical tourism facilitators. While medical tourism has economic benefits, its growth needs to be balanced with ensuring equitable healthcare access and preventing unethical practices to develop sustainably.
A look at health tourism in Costa Rica as well as elsewhere in the world. Many Americans are seeking an affordable alternative to health care in the US.
Thailand has become a popular destination for health tourism due to its low-cost yet high-quality healthcare services and traditional treatments like Thai massage. Hospitals in Thailand offer JCI accreditation and have experience treating complex medical cases while costs are often much lower than in other countries. The Thai government supports the growth of health tourism through programs like the Health Promotion Temple project and by regulating herbal product standards. While facing threats from rising global competition, health tourism is seen as an important opportunity for Thailand's economy.
Medical tourism in India is a growing $2 billion industry, with an expected annual growth rate of 30%. India offers reduced costs for treatments compared to other countries, along with the latest medical technologies and internationally accredited hospitals. Common treatments sought include cardiac surgery, orthopedics, cosmetic surgery, and dentistry. Major hospitals include Apollo, Fortis, and AIIMS. The city of Chennai in particular attracts over 150 international patients daily and has become India's center for medical tourism.
LIV Hospital, Turkey as 5 star all inclusive medical treatment destination MedWIO
LIV Hospital, presentation in workshop "Still waiting for patient?", Ukraine, Kiev, october 15.
LIV Hospital as 5 star all inclusive medical treatment destination
This document discusses health tourism, including its origins thousands of years ago when people traveled to sites like Epidaurus and Bath for healing. It notes that in the 21st century, low-cost air travel has expanded health tourism globally. India has become a major destination for health tourism due to its high-quality yet affordable medical care and treatments that are often one-tenth the cost of Western countries. The document outlines India's advantages in health tourism and identifies challenges that still need to be addressed to further develop the industry.
The document discusses medical tourism in India from the perspective of hospitals. It notes that while India lags in primary healthcare infrastructure compared to other developing nations, costs for procedures in India are much lower than in countries like the US and UK. For hospitals, there are opportunities to generate profits not just from medical procedures but also through premium accommodation, food, and other ancillary services provided to medical tourists. However, hospitals face challenges in differentiating their services for medical tourists and must focus on marketing, quality, and offering comprehensive packages to succeed in medical tourism.
The health care industry in India is large and growing rapidly, expected to reach $158 billion by 2017. It makes up over 10% of GDP in developed countries. The industry is divided into hospitals, medicines/pharmacy, and medical supplies. Private sector participation has increased and now accounts for 66-81% of health care delivery. The government is also taking initiatives to invest in facilities and increase awareness through programs and public service announcements. Growing incomes, better access to facilities, and health awareness are driving growth of the large and evolving health care industry in India.
The health care industry in India is large and growing rapidly, expected to reach $158 billion by 2017. It makes up over 10% of GDP in developed countries. The industry is divided into hospitals, medicines/pharmacy, and medical supplies. Private sector participation has increased and now accounts for 66-81% of health care delivery. The government is also taking initiatives to invest in facilities and increase awareness through programs and public service announcements. Growing incomes, better access to facilities, and health awareness are driving growth of the large and evolving health care industry in India.
Medical Tourism Project for LSE Marketing 101 Dr Ritesh Malik
Asian Health Inc. is an international healthcare company that operates a 500-bed hospital in New Delhi, India and has a 26% stake in an Indian pharmaceutical company. It aims to provide high-quality yet affordable healthcare and become a leading provider of medical tourism services. The company analyzes the large and growing global medical tourism market, and outlines its strategy to target customers in developed countries seeking cheaper alternatives. It discusses establishing offices worldwide and the processes, economics, consumer behavior, and competitive advantages of its medical tourism business model.
The document discusses Korea's strategies for exporting its healthcare system on a global scale. It first provides background on Korea's growing domestic healthcare market and the rapid growth of the global healthcare market. It then examines Korea's current overseas expansion of medical institutions by year, region, and business type. The document also outlines the key players and supporting institutions involved in Korea's efforts to globalize its healthcare industry. Finally, it proposes strategies in areas like policy/legal systems, government-to-government networks, research/information systems, project support, and marketing to help Korea export its healthcare system globally.
The document discusses strategies for promoting international medical tourism to India, noting that cardiac treatment and orthopedics are the most popular services. It outlines the major sources of international patients, including from SAARC countries, Africa, and the United States. The document also provides an overview of the business model and processes involved in facilitating medical tourism, from initial information gathering to finalizing travel plans.
This document outlines a marketing strategy to boost medical tourism in Korea. It discusses trends in the global medical tourism market and introduces the 7Ps marketing mix approach. For each P, global trends are examined and specific strategies for Korea are suggested. The strategies focus on differentiating Korean healthcare products, ensuring price transparency, emphasizing cultural sensitivity in customer service, designing the patient experience through service packaging, positioning Korea as a destination for smart and kind healthcare, expanding foreign sales channels, and diversifying promotional activities targeting different countries. The goal is for Korea to attract more foreign patients and become a leading global medical tourism destination.
Effect of globalization on health care meghadevgan3
Globalization is characterized by the circulation of goods and services between countries using the criteria of efficiency.
The direct health effects of globalization has not been yet observed but there are factors which may influence this phenomenon the further discussion of the impacts is given under following:
Circulation of Patients
Circulation of Health Professionals
International Accreditation System
This document discusses the growing trend of medical tourism, where people travel abroad for medical care. It defines medical tourism as traveling to other countries for medical, dental, or surgical procedures, often combined with leisure travel. Popular destinations mentioned include India, Thailand, South Africa, and Costa Rica, which offer high quality care at much lower costs than in the US or Western Europe. The document also discusses factors driving growth in medical tourism such as the aging population and rising healthcare costs in Western countries. It provides examples of specific procedures and their lower costs abroad.
The document provides an overview of the Indian healthcare system, including key trends, growth drivers, and challenges. It notes that the size of the Indian healthcare industry is $35 billion and growing at 17% annually, faster than any other country. The industry employs over 4% of the population and includes 229 medical colleges, 600,000 doctors, and over 800,000 hospital beds. However, healthcare infrastructure and access remains inadequate, with 80% of healthcare spending being out-of-pocket. The government is taking steps to improve access through initiatives like the National Rural Health Mission and increasing healthcare spending.
This document discusses medical tourism, which refers to people traveling to another country to obtain medical treatment. It provides examples of reasons people engage in medical tourism, such as high savings, no wait lists, high quality treatment, and access to latest technology. It also discusses medical tourism in specific Asian countries like Thailand, Malaysia, India, and their advantages as medical tourism destinations.
Dental tourism involves traveling to another country for affordable dental treatment. It is growing as a way for people in developed countries to access high quality dental care at a fraction of the cost. India has become a popular destination for dental tourism due to its large pool of skilled dentists and dental surgeons, world-class dental clinics, and significantly lower costs compared to countries like the US or Europe. Procedures that cost $300-400 in the US can be obtained for $20-40 in India, presenting a major value proposition for foreign patients. However, dental tourism in India faces some challenges around hygiene, infrastructure, standardization, and insurance acceptance.
The document discusses outbound medical tourism from Bangladesh. It notes that the top destinations visited by Bangladeshis for medical purposes are India (77%), Thailand (4%), Singapore (13%), and Malaysia (2%). This is due to factors like the deteriorating healthcare system in Bangladesh such as lack of specialized treatment, high costs, and corruption. Countries like India, Singapore, and Thailand are attractive due to their lower costs, state-of-the-art technology, and quality of care. The document provides recommendations to improve Bangladesh's healthcare system to reduce medical tourism outbound trends.
Medical tourism is the practice of traveling abroad to receive medical treatment. India has become a preferred destination for medical tourism due to affordable treatment costs and world-class facilities. Key components of medical tourism include treatment of illnesses, cosmetic surgeries, wellness programs, and fertility treatments. Hospitals must be accredited by various international accreditation organizations to participate in medical tourism. The top states in India for medical tourism are Maharashtra, Tamil Nadu, and Delhi. Medical tourism is a growing industry in India worth billions of dollars annually.
This document discusses health tourism, which is defined as travelling abroad to receive medical treatment. It notes that India is a major destination for health tourism due to the lower costs of procedures compared to other countries, the availability of advanced equipment and medical experts, and specialty treatments not available elsewhere. Popular areas of treatment in India's health tourism industry include dentistry, fertility treatments, cancer care, and cosmetic surgery. Cities like Delhi, Bangalore, Mumbai, and Chennai are preferred locations. The health tourism industry in India is growing rapidly and is expected to become a $7-8 billion industry by 2020.
Investing in Nigeria with Homestrings: Healthcare project by Crystal ThorpeHomestrings
Crystal Thorpe (CT) has issued a privately place 2 year note in conjunction with First National Bank to finance the construction of a general hospital in Lagos. This loan is meant to set the stage for new health care services in Nigeria and take advantage of favorable policies and financing incentives. Afreximbank is a project guarantor and is expected to secure bondholders fixed returns 2 years from the date of issue. Target returns are 12% per annum.
This document discusses medical tourism, including its definition, reasons for its growth, and challenges. It defines medical tourism as traveling abroad to receive medical treatment. Key reasons for its growth are the high cost of healthcare and long wait times in some countries. However, the industry faces many challenges in countries trying to promote it, such as lack of infrastructure, language barriers, lack of regulations and accreditation, difficulty in promotion, and legal issues dealing with different country laws. Overall, the document provides an overview of the medical tourism industry and issues surrounding its development.
Similar to Countries promoting medical_tourism_session_62 (20)
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4. Thailand
• Market leader in the global medical tourism industry. Tourism Authority of Thailand News Room
reported that in 2008, 1.5 million foreigners visited Thai hospitals generating an estimated $US 6
billion for the Thai economy.
• Thai government implemented incentives for foreign investment - tax holidays, land ownership
rights and permission to bring in foreign experts and technicians (Thailand Investment Review
2010).
• By 2011, 14 hospitals in Thailand JCI Accredited. cosmetic surgery, organ transplants, joint
replacements, dental treatment, and positron emission tomography (PET) computed tomography
(CT) scans for the detection of cancer, heart defects, brain disorders and other conditions.
• Bumrungrad International Hospital in Bangkok. –
• 1 million patients per year with 420,000 of those being international visitors - turnover of over $US 317
million in 2010.
• Its service offerings include luxury hotel style accommodation, international restaurants, serviced apartments
directly connected to the hospital, access to over 150 interpreters, embassy assistance, international insurance
coordination and visa extension services.
• Sixteen representative offices throughout Asia, Africa, the Middle East, Australia and New Zealand
(Bumrungrad International Hospital 2010).
5. Malaysia
• In 2007, Malaysian hospitals treated 341,288 foreign patients, earning an estimated $US 78
million from medical treatments including cardiothoracic procedures, cosmetic surgery,
radiotherapy and radiology (Pocock and Phua 2011, ESCAP 2009 and Tourism Malaysia 2008).
• The ability to provide medical procedures at low prices is Malaysia’s main competitive advantage
• 76.7% - Indonesia, 3.4% -Japan, 2.7% -Europe, 1.8% -India, 1.3%-1.8% China, 0.5%-1.0% -
Middle East and 1.1% -Singapore (Malaysian Tourism Promotion Board, 2006-2008 cited by
Chee 2010)
• 1998, National Committee for the Promotion of Health Tourism. (Health Ministry, the Ministry
of Culture, Arts and Tourism, Malaysian Association of Tours and Travel Agencies. Also has
private sector involvement from the Association of Private Hospitals of Malaysia and Malaysian
Airlines.
• The committee carries out promotional activities in collaboration with the Malaysian External
Trade Development Association (MATRADE) and Tourism Malaysia.
• Middle East, Myanmar, Vietnam, Jakarta and Surabaya, Sri Lanka, China, Vietnam and Cambodia
6. • Accreditation - Malaysian Society in Quality Health (MSQH)
• Seven Malaysian hospitals are now JCI accredited under the hospital program
and one under the ambulatory care program.
• Other Government Support
• relaxing regulations for advertising.
• In 2009, revenues from foreign patients were exempted from income tax by 50%
• In 2010, this rate was increased to 100%.
• In 2010, tax deductions were also announced for setting up international patient units
and for the expenses of international accreditation.
• Private hospital operators can also claim double deduction on expenses incurred from
advertising medical tourism overseas (Chee 2010).
7. Singapore
• In 2006, over 410,000 foreigners travelled to Singapore for healthcare and the Singaporean government aims
to grow this figure to 1 million .
• Medical travellers to Singapore generated over $US 560 million in 2006 Liver and heart transplantation,
complex neurological procedures, joint replacements and cardiac surgery.
• Government support through Singapore Medicine led by the Ministry of Health. It is supported by
three government agencies — the Economic Development Board that promotes new investments; the
Singapore Tourism Board marketing and developing overseas referral channels; and International Enterprise
Singapore, which promotes the growth and expansion of the industry.
• In Singapore, revenues generated by medical tourism are fully taxable and thus profits can be reinvested back
into the public health system (Pocock and Phua 2011).
• Singapore’s patients are from Indonesia (estimated at50% in 2005)and Malaysia (estimated at 11% in 2005)
(Chee, 2010). China, the Middle East and the US due to its affordability and clean image.
• Singapore now has 16 medical facilities that are JCI accredited, including 12 with hospital program
accreditation.
8. India
• By 2012, $US 2 billion (Confederation of Indian Industries and Mckinsey and Co.
cited in ESCAP 2009).
• India’s main strengths lie in its low wages, making it the cheapest medical in Asia,
English language and high quality of medical professionals.
• Strong networks with the US, with around 30,000 doctors working in the US
originating from India (Singh 2009). – after procedure care
• Middle East, the UK, Canada and other developing Countries.
• Heart surgery, joint replacements, hip resurfacing, cataract operations, cosmetic
surgery, dentistry and gallstone removal.
• Sixteen Indian hospitals are now JCI accredited under the hospital program and one
is accredited under the ambulatory care program.
9. Government Initiatives
• Incentives to encourage medical tourism in India including increasing
depreciation rates (from 25% to 40%) to allow old equipment to be replaced by
new equipment sooner, and
•expedited visas for medical tourists.
•Viewed as an export industry, hence lower import duties on specified medical
•equipment have been introduced to encourage the sector.
•Prime land has also been offered at subsidised rates to encourage the
development of health infrastructure for medical tourists (Gupta 2008).
10. LATIN AMERICA – Mexico & Costa Rica
• Mexico can also offer surgeries at 25% to 35% of the cost in the US, and hence attracts
North Americans mainly for cosmetic, dental, orthopaedic and bariatric surgery
• Major competitive advantage due to its proximity to the US. Accordingly, 40,000 to 80,000
American seniors spend their retirement in Mexico receiving heath-care and nursing home
assistance.
• Mexico currently has nine hospitals accredited under the JCI hospitals program.
• barrier to the development of the industry is drug-related crime and violence issues in
Northern Mexico which has reduced the number of US patients from more than 60 per
month to 1 every three months in Monterry
• It is estimated that 200,000 health travellers sought treatment in Costa Rica in 2008, but
there are no official counts available.
• treatment in diabetes, cardiology,urology, fertility, orthopaedics and neurology, with the main
attraction being cosmetic surgery.
11. UAE
• Dubai Healthcare City has been designed as an international healthcare hub. - 90 medical
facilities, two hospitals and 2,000 healthcare professionals. It brings together a medical
community (4.1 million square feet), a wellness community (19 million square feet) and a
business community and claims to be the largest international medical centre between South
East Asia and Europe. Provides luxury outpatient resorts in tandem with clinical services
• Dubai Healthcare City has been designated a tax-free zone and will therefore be tax, custom
and duty free in order to attract foreign investment .
• Average cost of heart by-pass surgery in the UAE at $44,000, compared to $18,500 in
Singapore, $11,000 in Thailand and $10,000 in India (AMEinfo.com 2008).
• The availability of lower prices internationally has motivated residents in the Gulf region to
travel to Southeast Asia, China and India for medical care.
• In an effort to improve their reputation for quality and safety, 33 hospitals in the UAE are
JCI accredited under the hospital program, with 49 medical facilities JCI accredited in total
for programs such as ambulatory care, clinical laboratory and diabetes outpatient services.
12. South Korea
• South Korean government announced its plans to promote medical tourism overseas
to Japan, China, Russia and, more recently, the US.
• 21,338 medical tourists visiting in 2010 - major market being Korean Americans
• Currently 20 South Korean medical facilities are JCI accredited (eight under the
hospital program and 12 under the ambulatory care program)
• The government also held a marketing event in Dubai in 2010 in an effort to attract
more Arab patients to Korea for medical services
• American subsidiaries of Korean companies purchased a Korean insurance package
under which they will encourage 350 Americans to fly to Korea for the treatment of
14 different conditions including cancer and heart disease (Weber 2010).
• South Korea’s biggest island, Jeju Island, is also in the process of creating the Jeju
Healthcare town, a joint project between the Korean government and the private
sector.
13. Japan
• Japanese government is planning to replicate the successes of medical
tourism in Singapore and Thailand.
• In 2010, Japan’s Economy, Trade and Industry Ministry announced plans to
launch a new joint publicly and privately funded organisation – aim -
increasing medical tourism in Japan from a zero base.
• Expected that China, Russia and the Middle East will become Japan’s main
target market for medical tourists.
• Japan has only two hospitals that have been JCI accredited under the hospital
program, one in 2009 and the other in 2011.
• Barriers - intense competition from nearby South East Asian neighbours,
very few doctors who are bilingual or multilingual, shortage of doctors with
only 2.2 doctors per 1,000 people compared to the OECD average of 3.1 per
1,000 people in 2008 (OECD 2011).
14. China and Hong Kong
• Focus on offering of traditional Chinese medicine integrated with western
medical technology. China currently has 11 hospitals accredited under the
JCI hospital program.
• China - leading stem cell research and treatment hospitals. However, due to
a lack of safety and efficacy data, western doctors discourage their patients
from seeking these treatments
• Patients travel to Hong Kong from mainland China for healthcare therapies
ranging from basic medical check-ups to cancer care and Eastern therapies.
• Hong Kong has several private hospitals that are internationally accredited
by the UK based Trent Accreditation Association and by JCI. Since early
2010 private hospitals have also been assessed by the Australian Council on
Healthcare Standards
15. Germany
• Since 2001, Germany has become a popular destination for medical tourists
travelling from the Middle East and Russia
• Plastic surgery, orthopaedic surgery, physical therapy and treatments for heart
disease and infertility are among the most popular healthcare treatments utilised by
Arabs in Germany.
• Germany currently has five hospitals accredited under the JCI Hospitals Program.
• Germany has well developed facilitators of medical tourism who provide assistance
for obtaining visas, logistical assistance, multilingual and translation assistance,
accounting and insurance services, VIP and security services, and additional travel
and tourist services.
• Germany currently is looking further afield at attracting US patients for bone
marrow diseases, organ transplantation and cancer oncology treatments (Vicuna and
Ho 2009).