Medical Service Usage Statistics by Region; ... Korean Tourism Statistics; Cultural Heritage Management Status; Library Statistics in Korea; Housing / Land Use. Copyright © 2008 - 2020 Health-Tourism.com, All Rights Reserved, In 2015, it was estimated that medical tourism generated between. As fertility decreases in the MENA region the demand for IVF and related services grows. For people that need these procedures completed or can’t afford a cosmetic procedure in their home country, however, there are not many options available. In the Middle East the Dubai HealthCare Committee (DHCC) is attempting to keep medical tourism within the Middle East instead of losing them to cheaper Asian countries. This is due to the combination of quality and low price. While Mexico is the best known country in the Americas for foreigners seeking care, Brazil stands out as one of the most advanced places in the region. How can I download statistical data as a file. For example Korean health care services to those settled or second generation within the United States, Australia and New Zealand. While distance to a destination is not the deciding factor in the majority of cases it does. Korea Tourism Organization. Satisfied American patients reported gaining savings from 25% to 75% depending on the type of services required and can reach as high as 90%. The industry is now much more closely studied, as interest has grown with public popularity, giving a more accurate outlook of upcoming trends. 2018 Bloomberg Innovation Index ranked Korea the most innovative country for the 3rd year in a row. From 2010 to 2013, there has been a steady growth rate of 30%, and as of 2014, the trend seems ever-consistent. Medical Tourism Statistics. It is an activity worth between 50 and 70 … Initially, South Korea was the preferred destination for spinal problems only but currently, it is emerging as an ideal destination for dental issues, organ transplants, cancer treatment and many others. There is no definition of a medical tourist, or … After visitors number more than doubling in the last 5 years. According to the latest statistics by Korea Health Industry Development Institute (KHIDI), the number of people traveling to Korea for medical tourism is nearly reaching a whooping 300,000. About 1.9 million of them are Americans. The top ten medical tourism destinations are Japan, Korea, the US, Taiwan, Germany, Singapore, Malaysia, Sweden, Thailand, and India. Our research and editorial team works hard to assemble . The UK has recently announced the need for improved quality standards for cross border care. We introduce hospitals and medical facilities to patients but not offer medical services. Top medical travel contributing states are Penang, Kuala Lumpur, Selangor, Melaka and Sarawak. What information is provided through KOSIS? Broadly speaking, medical tourism is the act of traveling to obtain medical care. The number of medical tourists visiting the nation is expected to reach almost 1 million in 2020. To give an average overview of the savings made for all procedures we have compiled this list from, As the world of medical tourism grows, so does the, These medical tourism facts indicate a bright future for this industry. One of the greatest shortcomings of the medical tourism industry is the lack of hard facts and statistics. Medical tourism facts and statistics. Below, we have compiled brief answers to some of the queries we receive most often. Brazil is the world capital for plastic surgery medical tourism, owing to the country’s image-conscious culture. The global Medical Tourism market size is undoubtedly important. What we do know is that a significant majority of travelers will not declare medical interventions as their reason for travel. Clinicians and clinics will have patient data that can be transferred and discussed more easily, and attract lucrative overseas client once the seal of approval has been given by the JCI. Statistics of South Korea in Medical Tourism The country has a robust medical tourist industry. The global medical tourism market is expected to grow with a CAGR of 8.5% during the forecast period. The original purpose of the commission is to ensure the same standards of quality and care are being met across the States. Different countries add up the numbers differently. Medical Tourism Market Overview: The global medical tourism market size accounted for $104.68 billion in 2019, and is projected to reach $273.72 billion by 2027, registering a CAGR of 12.8% from 2019 to 2027 in terms of value. Americans can save up to 90% on the cost of a medical treatment by going overseas. This is not to be expected in South Korea. This is beneficial for both parties. With an international standard being followed patients now have less to worry about, including required follow up treatment at home. South Korea is one of the most popular medical tourism destinations in the world. Whether you are receiving surgery in the US or abroad, there are always risks involved. As both patients, practitioners and service providers look towards the future a common aim is that of a seamless and reliable experience. While cost is the main driver for medical tourism, in America gaps in or a complete lack of health insurance cause people to seek medical attention elsewhere. Korea Tourism Organisation Korea Medical Tourism Bibliography 2013. Revenue from medical tourism is expected to jump to 3.5 trillion won in 2020 from 1.01 trillion won in 2013. There is no doubt that the medical tourism industry is on the rise. Some countries that offer cheap medical cover also risk the patients’ lives. In the past, medical travel was simply travelling to obtain medical care and treatments that were not available where they were. As a result. Malaysia received numerous awards and global recognition from International Medical Travel Journal. This sector has long been notorious to analyse. A study published in the, This is no small amount of money and countries in Asia and the Middle East are moving to capitalise on a global business that is worth, Over the last few years, medical tourism has gained popularity among highly industrialized countries such as the United States. Patients now have less to worry about, including required follow up treatment at home not medical... Treatments of the medical tourism in 2007, an estimated 750,000 Americans traveled abroad for care! Cosmetics, dentistry, fertility or even returning expatriates with a right to treatment in South in... 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