This website uses cookies to ensure you have the best experience. Learn more

Medical Tourism Report

1560 words - 6 pages

Freya KrishnanReport: The impact of medical tourism on international tourismTourism has developed into an international phenomenon where people travel both domestically and internationally with increasing frequency. People travel for a variety of reasons, including business, leisure, family and adventure. However due to developments in technology and the impacts of globalisation - creating a more connected world, new segments of the tourism market are being created. One of these new segments is medical tourism. Medical tourism is defined as international travel for the purpose of obtaining medical treatment in a chosen country. Medical tourism is most prominent in Asian countries, such as India, Thailand and Singapore, with 89% of all medical tourists travelling to these countries in 2010 (Eden, 2012). Medical tourism is beneficial to destination countries as it provides significant opportunities to boost the economies of these developing countries. Medical tourism is having a major impact on international tourism predominantly due to its creation of a large new tourism segment for some developing countries. However it has had a more recent impact due to its reversal of the former market. Furthermore the boom in medical tourism has also led to the creation of new tourist destinations.Past trends of medical tourism involved people traveling from less developed countries to developed countries with specialised medical facilities for medical treatment that was unavailable in their own country. However, as technology and globalisation have developed, this trend has been reversed, with people now travelling from developed countries to developing countries for medical treatment. This can be attributed to the significantly lower costs of medical procedures in developing countries. For example a knee replacement in the US would cost a patient $48,000 USD, while having the procedure in India would cost only $8,000 USD (OECD, 2011), as shown in figure 1. Additional factors contributing to the global explosion of medical tourism include lower airfares, rising costs of healthcare in industrialised countries, advances in technology available globally, access to controversial medical and related services in developing countries (eg. Surrogacy and Transplant tourism), the opportunity to combine treatment and tourism, and long waiting lists and an aging population. A breakdown of these drivers of growth for medical tourism is shown in figure 2.Figure 1: Cost Comparison of medical surgeriesGupta, V. (2012) Medical Tourism in India. Clinics in Laboratory Medicine, vol. 32 (2): pp. 321-325Figure 2: Profile of Medical Traveller Across the GlobePurandare, N. (2014). Health Tourism - Global Positioning of India. Sai Om Journal of Commerce and Management, 1(6): pp. 7-17The development of India as a medical tourism destination has increased tourism to India and reduced outbound international medical tourism, while it has also facilitated the return of many Indian...

Find Another Essay On Medical Tourism report

Lowering Healthcare Costs and Global Medical Tourism

2366 words - 9 pages tertiary community hospital; and finally, how medical global tourism will affect state and national healthcare policies. Decreasing Healthcare Costs: Bundled Pricing and Lowering Administrative Costs It would be necessary for a hospital administrator to look closely at ways to lower healthcare costs and provide more efficient care when a large employer like BRPP states they are thinking of relocating their employee inpatient hospital services

How can EXPO-2017 contribute to Kazakhstan’s economic development?

1043 words - 5 pages country, because, as the economy grows up, people have better life conditions, social insurance and safety of citizens. As a part of society, I am interested in this topic. I have a strong desire to develop Kazakhstan and I think that EXPO-2017 will contribute to Kazakhstan’s economic development from different sides. As a result, the infrastructure and service will improve, the tourism will increase and the main advantage is that Kazakhstan will

Cruise Industry

2860 words - 11 pages ). Cruise Ship Tourism. Oxfordshire, England: CABI Mancini, M. (2004). Cruising: A Guide to the Cruise Line Industry. (2nd ed.). Clifton Park, NY: Delmar Learning Cruise Industry News (2012, April 19). Cruise Industry News Annual Report: 32.2 Million Passengers by 2032. Retrieved from http://www.cruiseindustrynews.com /cruise-news /7108-cruise-industry-news-annual-report-322-million-passengers-by-2032.html CruiseComplete (2013, January 8

Space turism. If you've ever dreamed of going to space and doing what only a few hundred people have done, then read on

1350 words - 5 pages . There are already several space tourism companies planning to build suborbital vehicles, orbital hotels and lunar cruise ships within the next two decades. These companies have invested millions, believing that the space tourism industry is on the verge of taking off. In 1997, NASA published a report concluding that selling trips to space to private citizens could be worth billions of dollars. A Japanese report supports these findings, and

Costa Rica: Their Place in the Economic World

1248 words - 5 pages rejected and that of the labor market blocked. The above average business environment would have benefited greatly from the adoption of that report. Costa Rica holds many strengths such as: being a Democratic institution since 1949, Diversified trade because of multiple trade agreements, and Tourism. However, there are also weaknesses such as, their inadequacy of infrastructures, economic and financial dependent on the U.S., lack of skilled labor

Jamaica: We Are All One People

1332 words - 5 pages been doing a good job in my opinion. I think that Jamaica is a country that can do way better than it is now. The economy is now starting to bloom from where it was 5-10 years ago. The GDP has risen, due to the two consecutive mean of finance; tourism, agriculture/ mining. Works Cited International Monetary Fund. 2010b. “Jamaica: 2010 First Review of the Stand-By Arrangement Staff Report; Press Release on the Executive Board Decision.” August

Challenges Faced UAE Health Care System

846 words - 4 pages and complexity of licensing and regulation requirements that coming from a lack of standardization in regulations across the country leading to various obstacles including medical complaints management what happen currently in the UAE that patient who’s want to report a medical malpractice can file a police report and this report will be investigated by police pathologist and heard in a court. This is one of the main causes that make healthcare

Basic Marketing project report

6857 words - 27 pages potential of backpacker hostels in India and device a marketing strategy for expansion of Zostel into other tourist destinations. The methodology adopted for the proposal would consist of the following: Project Report - End Term 6 Secondary analysis: It would include study of the present status of budget hotel industry in India. It would also involve the study of backpacking/tourism industry to understand the potential of backpacker hostels. We

Environmental Impact of Tourism on Antarctica

4309 words - 17 pages scientific exploration of Antarctica. The stations main research disciplines are biology, botany, earth and atmospheric sciences, meteorological and medical research (SCAR / COMNAP, 1992, introduction.). Historic development Eric Lars Lindbland (cited in Luyendyk, 1995, p. 1) Stated that people search for challenge and education as well as relaxation on their vacations. This motive can be seen as the driving force behind the first tourism

challenges facing uae's healthcare system

989 words - 4 pages qualified medical staff across the value chain including physicians, nurses, dentists, midwives and support staff. According to a latest report by the Health Authority in Abu Dhabi , about 15% of doctors quit last year in the UAE , while nearly 13% of nurses leave their positions annually. Despite Emiratization programs, nationals are not by the least attracted by employment in the healthcare field so the healthcare system relies mostly on a transitory

TOURISM IN PACIFIC ASIA

3470 words - 14 pages INTRODUCTIONAs a recently appointed manager of the Southern Cross Group 5 star international hotel chain I have been asked to discuss the importance of and issues relating to Cross-Cultural management in Avarua, Cook Islands. This report will investigate the cultural, economic, political and social environments in the Cook Islands, identify tourism developments and the important role cross-cultural management plays with both employees and

Similar Essays

Tourism Statistical Data Essay

1272 words - 5 pages environmental analyses. Doing so, they will protect and conserve the natural and cultural sites from further environmental degradation and stress on culture, heritage and eco-tourism. Other actions are the betterment of the medical services, of the public order and upgrade of the fire protection system, all of which are not in their best shape in the moment of writing. More investments should be allocated to the telecommunication and internet

Service Marketing On Tourism Essay

9132 words - 37 pages %.. However, the tourism industry has been affected by the ongoing global economic crisis.The World Travel and Tourism Council revealed the results of its Travel and Tourism Competitiveness Report (2009), explaining that the tourism trends will face a more challenging time than ever before due to the impact from an economic uncertainty. The report also predicts a downturn of international tourism particularly in emerging markets. Although the tourism

How Should Zambia Look Like In 2024 From A Tourism And Recreational Perspective

2186 words - 9 pages The purpose of this report is to give an answer on an important question “How should the destination Zambia look like in 2024, from a tourism and recreational perspective?." As a policy employee for the Ministry of Tourism & Arts in Zambia, the vision of Zambia for 10 years will be shown. Tourism policy needs improvements, and in order to meet with stakeholders, vision and explanation needs to be done. All information is reliable in the report

"Comparison And Analysis Of The Tourism Development In Republic Of Maldives And Kerala Using Rose's Theory Of Lesson Drawing"

5755 words - 23 pages 2. IntroductionThis report compares the development of tourism industry in Kerala which is in South India and Maldives which is in the Indian Ocean, South west of India. The study starts with a brief introduction of Republic of Maldives their tourist organisations and their various policies for developing the tourism industry. This is followed by a brief introduction of Kerala, their tourist organisations and their various policies for