Global medical tourism is on the rise

The on-line medical tourism sector is growing on a global scale

With 1.2 million to 1.4 million Americans annually seeking health-care services abroad, the medical sector experienced an average increase of 23% per year in the last decade.

Top medical tourism destinations for people living in the US include: Mexico,

Intensively promoted medical hot-spots are the Bangkok-based Medical Departures and the Cuban medical tourism, with Travelucion covering marketing and communications.

Among globally preferred destinations is Dubai, with a strong network of 26 hospitals, over 1.000 clinics and more than 638.000 medical tourists in 2015 only.

“Every year the number goes up by 12-15%. The medical packages provide for medical insurance to cover any complication or medical liability,” declared Dr Laila Al Marzouqi, head of the Dubai Health Authority’s medical tourism.

Advertisements

Ayush contribution to Indian Medical Tourism

The AYUSH sector (Ayurveda, Yogam Naturopathy, Unani, Siddha and Homeopathy) has an annual turnover of around INR 120 billion.

Patients from various countries are becoming medical tourists to India for low cost and health restorative alternative treatments. The Medical Tourists undergo health restorative treatments of a combination of Ayurveda, Yoga, acupuncture, herbal oil massage, nature therapies, and some ancient Indian healthcare methods -such as Vedic care, an alternate healthcare service.

Kerela, the state that has emerged as the Ayurveda and Yoga hub in the coutnry, has witnessed average stay back period of tourists going up from 14. 1 to 18 days now, the highest in the country – thanks to Ayurveda and Yoga Tourism. India has lot of tourists from other countries coming for the rejuvenation promised by yoga and Ayurvedic massage.

Marketing Ayurveda as part of the ‘health tourism’ has brought a new definition to vacationing in India itself.

Why Nigerians are moving out for Medical Tourism

Adelani Adepegba, Abuja The President, Association of Medical Scientists of Nigeria, Toyosi Raheem, has said that Nigeria would continue to lose billions of naira to medical tourism due to her weak health system.
He called on the Federal Government to strengthen the nation’s health system and to build the capacity of the medical laboratories, stressing that they were not well equipped to support medical services.
Raheem who was represented by the association’s Assistant Secretary, Olusoji Billyrose at the celebration of the 2016 World Bio-medical Laboratory Science Day on Friday in Abuja, urged the FG to invest in key areas of the health sector.
He said, “Nigeria is losing billions of Naira annually to medical tourism and this would not stop until the government invests in our health sector; we need well equipped medical laboratories for right diagnosis

Colombia medical tourism figures

Colombia, Ecuador incl. the Galapagos Islands, Holland, Panama, USA, Venezuela

The number of health tourists to Colombia grew in 2015 to over 10,000 an increase from 2014 figures. However figures may be mixed up with tourists seeking urgent unplanned medical treatment.

The number of health tourists to Colombia grew by 6.4 % in 2015, with the arrival of 10,423 compared to 9,792 in 2014 claims government tourism and foreign investment agency ProColombia.

The main countries of origin are claimed to be Netherlands (4,492); USA (1,159); Venezuela (860); Ecuador (628); and Panama (625).

World medical tourism global healthcare congress

The outbound medical tourism market in China is growing at rapid pace, with many wealthy Chinese patients seeking medical care and wellness services at top international hospitals and clinics in the U.S.
According to statistics from the Shanghai Medical Tourism Products and Promotion Platform, each year approximately 60,000 Chinese travel abroad in search of medical services ranging from anti-aging therapy, cancer screening and treatment, fertility treatments, wellness check-ups and chronic disease treatment.
In order to capitalize on the growing Chinese healthcare market, The Hainan government, The Medical Tourism Association® and Beijing Great Idea Business Resources Co. invite you to participate at the World Medical Tourism Congress 2016 Boao, China and VIP Trade Mission June 3-8, 2016 to be held at Boao International Conference Center in Hainan Province, China’s most prestigious conference venue and host of the famed Boao Forum for Asia.

Case study-How Singapore lost medical tourism to neighbours

Singapore is finding it harder to retain its title as the region’s top medical tourism hub as patients eye cheaper options elsewhere while government support for the sector wanes, a new report has warned.

It also noted that the challenges will only intensify as improved standards in neighbouring cities test the price premiums here, which are further exacerbated by a strong Singapore dollar.

A heart bypass in Singapore costs 41 per cent more than in Thailand and 106 per cent more than in Malaysia, BMI Research found.

While higher prices here have traditionally been justified by the high level of treatment offered – Singapore is ranked sixth out of 191 countries globally and the best in Asia by the World Health Organisation – this gap in standards has begun to close.

Private healthcare providers in Thailand are gaining international accreditation and private hospitals such as Bangkok’s Bumrungrad International have rapidly expanded into specialist services – once a key competitive advantage for Singapore, said the report out yesterday.

Meanwhile, the expansion of private healthcare providers overseas has also lowered the need for medical tourism, while reducing these firms’ own need to market their services in Singapore.

The report noted that the Singapore dollar has risen 24 per cent against the Indonesian rupiah over the past two years.

“This has had significant ramifications as the Indonesian market accounted for 56 per cent of total medical tourism revenues in 2013,” it said.

Revenue from Indonesian medical tourists in 2013 was $463 million, down 38 per cent from 2012, according to the Singapore Tourism Board’s (STB) latest data.

Total medical tourism receipts came in at $832 million in 2013, a fall of 25 per cent from 2012.

Growth has also been limited as government support for the industry once identified as a potential driver of the economy has cooled, said the report. SingaporeMedicine – a government-industry initiative launched in 2003 to promote Singapore as a world- class healthcare destination – now has its online presence redirected to the STB website.

In contrast, governments in competing hubs have become more “aggressive” in attracting medical tourists, said the report.

Last month, the Malaysian authorities disclosed a 30 per cent discount on Malaysia Airlines airfares for Bangladeshi patients seeking treatment in the country.

The sum of these factors puts multinational drug-makers in Singapore at risk, “as medical tourism has been a strong source of demand for high-value medicines”, the report said.

Medical Tourism external factors

Medical tourism growth depends on two factors,growth of tourism and growth of healthcare facilities in the country.Both of these should work in tandem with each other.For example if the tourism in some country is not safe due to some bad incidents etc,it will directly affect the tourism business.So inspite of good healthcare facilities tourism business would suffer.Similarly if the tourism business is growing but healthcare facilities are not up to mark such as lack of good hospitals etc,situation will be there would be no growth of medical tourism.So it is very important that the private and public sector should work in unity and perform their assigned duty.Incidence of crimes within the country and its international coverage can affect the business to very high extent.