{"id":467,"date":"2016-09-29T16:08:56","date_gmt":"2016-09-29T14:08:56","guid":{"rendered":"http:\/\/twissen.com\/?p=467"},"modified":"2022-01-21T11:21:00","modified_gmt":"2022-01-21T10:21:00","slug":"medical-tourism-taking-over-the-market","status":"publish","type":"post","link":"https:\/\/twissen.com\/en\/trends-en\/travellers-en\/medical-tourism-taking-over-the-market\/","title":{"rendered":"Medical tourism taking over the market"},"content":{"rendered":"

It is\u00a0foreseen a\u00a0growth<\/b> up to $ 143,8 billion by 2022 for\u00a0“<\/i>travel<\/i> across<\/i> international<\/i> borders<\/i> with the <\/i>purpose<\/i> of <\/i>availing<\/i> medical<\/i> treatment of some <\/i>form<\/i>, <\/i>which<\/i> may<\/i> or <\/i>may<\/i> not<\/i> be <\/i>available<\/i> in the <\/i>travel<\/i>l<\/i>ers<\/i>‘<\/i> home country”, <\/i>namely\u00a0medical<\/b> tourism\u00a0<\/b><\/i><\/b>as defined by the\u00a0Allied Market Research<\/a> Report, released in the first quarter of 2016.<\/p>\n

Main motivations to travel for a medical treatment are poor quality of the service, high costs and\/or long waiting lists in the home country.\u00a0The most relevant segment will continue to be the cancer treatments.<\/p>\n

According to OCPS-SDA Bocconi<\/a>,\u00a0in\u00a0Europe<\/b>\u00a0<\/b>the\u00a0<\/b>market is 12 billion euro worth, but size can be larger as EU citizens are allowed to be cured in every country of the Union.\u00a0Major destinations\u00a0are\u00a0France, Germany, Turkey and the UK.<\/p>\n

In other continents\u00a0Thailand, India, South Korea, Barbados, Mexico, Brazil, Japan, Malaysia, Costa Rica, Singapore, Hong Kong, Israel, Iran\u00a0and South Africa\u00a0are leaders.<\/p>\n

The report underlines that every\u00a0Country has its own specialisation. For example, Singapore is well-known for stem cell and cancer treatments. As reported by The Forbes<\/a>, Dubai <\/b>is making a strong effort to become one of the leaders of this sector\u00a0by investing\u00a0in private healthcare, which allows specialisation and improvement of the services. In 2015, the number of international\u00a0tourists for medical purposes\u00a0rose up to 300.000 units\u00a0compared to about 107.000 in 2012. The most popular services Dubai offers are orthopaedics and ophthalmology.<\/p>\n

Medical tourism generates the major revenue for developing countries such as India, South Africa, Thailand and Mexico. These nations provide medical treatments at a lower<\/b> price<\/b> if compared to developed nations.\u00a0Notwithstanding,\u00a0excess of medical tourists could represent a serious threat for\u00a0limited healthcare capacities,\u00a0to the detriment of the residents. The major part of the medical travellers towards developing nations\u00a0comes from the U.S. and from Europe.<\/p>\n

\"medical\"<\/p>\n

Source: Allied Market Research, 2016<\/em><\/p>\n

Even though\u00a0destinations\u00a0such as the USA, Japan and the UK offer high quality services, their cost\u00a0is usually very high\u00a0and, by\u00a0consequence,\u00a0international tourists\u00a0demand\u00a0medical treatments\u00a0only for those\u00a0which\u00a0are not\u00a0available in their country\u00a0of origin.<\/p>\n

International Medical Travel Journal<\/a>\u00a0reported how North Cyprus<\/b>‘s struggling to promote itself as a medical tourism destination.\u00a0Improvements in services, hospitality capacities, safety and security, and in advertising could help to attract more visitors, beyond the failure with the Turkish tourists.<\/p>\n

Medical tourism, as every sector of this industry, is not immune from the current international situation. As reported by the IMTJ, recent bomb attacks in Thailand\u00a0and Turkey\u00a0represent a threat.<\/p>\n

At Twissen<\/b> we observed how medical tourism is influencing\u00a0the healthcare systems of certain countries. In fact, it has an impact on the development of expertise in specialty treatments and\u00a0it attracts\u00a0important\u00a0investments<\/b>.\u00a0In addition, it allows a rich exchange of medical techniques, healthcare practices and information.<\/p>\n","protected":false},"excerpt":{"rendered":"

It is\u00a0foreseen a\u00a0growth up to $ 143,8 billion by 2022 for\u00a0“travel across international borders with the purpose of availing medical treatment of some form, which may or may not be available in the travellers‘ home country”, namely\u00a0medical tourism\u00a0as defined by the\u00a0Allied Market Research Report, released in the first quarter of 2016. Main motivations to travel<\/p>\n","protected":false},"author":7,"featured_media":473,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[111],"tags":[],"yoast_head":"\nMedical tourism taking over the market | Twissen<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/twissen.com\/en\/trends-en\/travellers-en\/medical-tourism-taking-over-the-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Medical tourism taking over the market | Twissen\" \/>\n<meta property=\"og:description\" content=\"It is\u00a0foreseen a\u00a0growth up to $ 143,8 billion by 2022 for\u00a0“travel across international borders with the purpose of availing medical treatment of some form, which may or may not be available in the travellers‘ home country”, namely\u00a0medical tourism\u00a0as defined by the\u00a0Allied Market Research Report, released in the first quarter of 2016. 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