Get the latest and most up-to-date tourism statistics for all the countries and regions around the world. cater to foreign patients: Thailand's Bumrungrad Hospital sees over half of the country's medical tourists . Use Ask Statista Research Service, Number of visitor arrivals in South Korea 2000-2021, Foreign plastic surgery patient number South Korea 2009-2021, Medical tourists in South Korea in 2021, by country of origin, Actual number of medical tourists travelling to South Korea 2009-2021, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. For instance, angioplasty procedure costs around USD 55,000 to USD 57,000 for an individual in the U.S., compared to around USD 2,500 to USD 3,500 in Malaysia. Turkey has remained open to tourists throughout the latest surge of the pandemic in Europe and only visitors from Britain are required to take a test as a precaution against a new, more transmissible variant of the virus. | Source: Free trial, before you make a purchase decision. Previously, he was a Fellow at Harvard University as well as a researcher at the University of California Berkeley. This statistic shows the value of the leading medical travel destinations worldwide as of 2018. Healthcare businesses are setting up physically in another country. 50+ Medical Tourism Statistics & Facts | Shortlister The Centers for Disease Control and Prevention (CDC) cannot attest to the accuracy of a non-federal website. and over 1Mio. Complications from procedures performed in other countries include wound infections, bloodstream infections, donor-derived infections (in the case of transplantations or transfusions), and diseases such as hepatitis B, hepatitis C, and HIV. The pandemic has gutted low-income and middle-class people around the world and for many of them the reality is that they have to travel to access affordable health care.. In some countries, counterfeit medicines and lower quality medical devices may be used. Consult with doctors for free, video consult at $1/minute, book tickets, appointments and hotels. What is changing rapidly is each country's share of the total, and the type of medical tourist they are attracting. (try turning your phone to landscape to better select destinations). Medical tourism financial incentives and grants, Health tourism financial incentives and grants, Compulsory travel health insurance for visitors. The publisher has spent the last 20 years writing on, researching, collecting information and analysing global medical tourism. As of that time, medical tourism in the United States was . For more information about this report visit https://www.researchandmarkets.com/r/9sy11o. Rene-Marie Stephano is president and founder of the Medical Tourism Association and editor-in-chief of Medical Tourism Magazine and the Health and Wellness Destination Guide Series of books. According to the report, the medical tourism market will be worth 125 billion by 2021, while the wellness sector will be over 808 billion. Dublin, March 17, 2022 (GLOBE NEWSWIRE) -- The "Medical Tourism - Top 25 Source Countries" report has been added to ResearchAndMarkets.com's offering. Communication challenges. In the UK, waiting lists for non-essential surgeries, such as knee reconstructions, are up to 18 months, while in Australia and Canada, they can take up to 2 years. A paid subscription is required for full access. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. As if the surgery isnt bad enough, I need to find 20,000 bucks to pay for it, which is just crazy so Im going to have to find a way to go to Mexico.. Top 10 Medical Tourism Destinations - Healthgrades Travel insurance- As the field of medical tourism expands, so does the demand for specialized travel insurance. Medical tourism will grow by 10% a year and as economies recover this will reach 20%. The Medical Tourism Index brings you its third edition. The UNWTO Tourism Data Dashboard | Tourism Data Its just Americans over there getting dental care, said Jeff Somerville, a Delta Air Lines flight attendant who visited the Supreme Dental Clinic in Los Algodones in September to get his crowns replaced. Global medical tourism is increasing annually. It doesnt matter if youre in Europe or the Americas, said Mr. McTaggart of Medical Departures. Follow-up care for complications might be expensive. Dollars). Global Medical Tourism Industry 2022: Top 25 Source Countries Even though the cost of treatments in developing countries is minimal, the quality of the procedure is not compromised due to the availability of resources at relatively lower costs. About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Medical tourism profile for Canada: Statistics and data - IMTJ What is the medical tourism market growth? See for yourself. Medical tourism has offered a method for people who cannot afford to wait for treatment in their native country, to avoid long queues by traveling overseas for treatment. Sep 12, 2022 The number of international tourists for medical purposes in the United Arab Emirates (UAE) reached about half a million 2020. As soon as this statistic is updated, you will immediately be notified via e-mail. [Online]. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Medical Tourism Statistics and Facts | Health-Tourism.com Outward medical travel is a global industry valued at hundreds of billions of dollars and is projected to grow dramatically over the next five years. Top 20 Medical Tourism Destinations Worldwide, 2022 - Analysis of Inbound Numbers by Country and Revenue - ResearchAndMarkets.com "Medical Tourism - Top 20 Global Destinations". Tourism Statistics | World Tourism Organization We are seeing a pent-up demand for medical tourism during the pandemic, particularly in the U.S. where a fast-growing number of Americans are traveling across the land border with Mexico for health purposes, said David G. Vequist IV, the founder of the Center for Medical Tourism Research, a group based in San Antonio, Texas, and a professor at the University of the Incarnate Word in San Antonio. All medical procedures have some risk of infection. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Medical Tourism Profiles: Stats and Data - IMTJ While most people believe that medical tourists want cheap and quick medical care, several findings in a February 2018 PWC analysis on medical tourism suggested otherwise. For example, medical tourists to Malaysia are primarily from Indonesia, the United Kingdom, Middle Eastern countries, China, India, Japan, Australia, and New Zealand. Cynthia Hedges, a 77-year-old retired nurse from Plymouth in southwest England, traveled to France in August for a knee replacement after waiting more than 19 months to get the procedure at her hospital. The country is aiming to target niche areas, such as dentistry, health checkups, and cosmetic surgery, especially breast augmentation & rhinoplasty. The 2020-2021 Medical Tourism Index comes at a time where the industry, and the entire world, has been changed forever by COVID-19. Go to Dashboard UNWTO Tourism Data Dashboard The data was gathered by conducting a national survey with 3,030 Americans of every age, gender, education level, and socioeconomic status. Continuity of Care. Medical tourism refers to people traveling abroad to obtain medical treatment. Ottawa, Nov. 18, 2021 (GLOBE NEWSWIRE) -- The global medical tourism market size was reached at USD 102.6 billion in 2020. The high cost of health services in home countries is the primary factor propelling the market growth. Now, Mr. Somerville, 47, is preparing to travel to Turkey in February for a hair and beard transplant, which will cost $3,000 and includes plasma treatments, medications, hotel lodging for three nights and a translator. On the other hand, procedures such as knee replacement, hip replacement, and gastric bypass are more affordable in India, as compared to some of the developed nations including the U.S. and the UK. On weekends in Turkey a strict curfew is imposed on local residents to curb the spread of the virus, but foreign visitors are allowed to roam free without any restrictions. Medical tourism generates significant revenue for developing economies, allowing them to continue expanding their healthcare businesses. Japan74.23 4. More about Ceylan Yeginsu, Why Medical Tourism Is Drawing Patients, Even in a Pandemic, https://www.nytimes.com/2021/01/19/travel/medical-tourism-coronavirus-pandemic.html. On a cold February morning last year, as she lay curled up in a fetal position on her kitchen floor, Melissa Jackson called her manager at a New Jersey beauty salon to ask for some unpaid time off. For now, Ms. Jackson has put the surgery on hold and will wait until the virus is brought under control. Medical Tourism | CDC Yellow Book 2024 Learn more about how Statista can support your business. Despite this, we are still seeing a growing number of people traveling and booking trips to address their urgent health needs, especially between the U.S. and Mexico border where patients can travel safely by car, Mr. McTaggart said. Additionally, the industry is being driven by rising demand for procedures that are not covered by insurance, such as gender reassignment surgeries, reproductive therapy, dental reconstruction, and aesthetic surgery. Please fill the form below, Our Team will reach to you within the next 24 hours via WhatsApp. According to the report, the medical tourism market will be worth 125 billion by 2021, while the wellness sector will be over 808 billion . The Medical Tourism Index considers three primary factors as the drivers of medical tourism, and each of the three factors has a subset of items that allows a more detailed comparison in order to measure each destinations attractiveness and brand awareness as a medical tourism destination. Ms. Stephano has performed feasibility studies for cities, nations and hospitals worldwide in which she has relayed opportunities for international expansion, clinical development and affiliations and partnerships. This varies depending on the country and the type of procedure that is performed. Furthermore, delaying necessary treatments might worsen pre-existing conditions, and the risks associated with delaying various surgeries can lead to other complications. For E.S.T Office Hours Call 1-917-300-0470 This statistic is not included in your account. Even before the pandemic, millions of Americans traveled to other countries for savings of between 40 to 80 percent on medical treatments, according to the global medical tourism guide Patients Beyond Borders. "Value of the leading medical travel destinations worldwide as of 2018 (in million U.S. As per our recent report, the global medical tourism market size is forecasted to be worth USD 78.15 billion by 2027 from USD 33.03 billion in 2022, growing at a CAGR of 18.8% between 2022 to 2027. Im not sure if I will be able to wait for Covid to get better, she said. In 2016-2017, the MTI expanded to 41 destinations across five regions, doubling the size of the sampling. b. Medical Tourism Market Size, Growth | Research Report [2028] 6. International Medical Travel Journal. dollars)." Improvements in healthcare infrastructure and the availability of high-quality healthcare services at affordable prices will drive the global market growth. Her best friend had offered to drive her there and pay for the gas and accommodations. Medical tourism - Wikipedia In the 2020-2021 global medical tourism ranking based on 46 destinations, Canada came first with an index score of 76.47. Medical travel analyst Ian Youngman argues that medical tourism destinations need to stop concentrating on increased numbers. Statista. Potential Cost Savings Satisfied medical tourists can save from 25% to 75% of the costs. password. The global medical tourism market size was estimated at USD 4.0 billion in 2021 and is expected to reach USD 10.3 billion in 2022. b. Antimicrobial resistance. As per the Turkish Statistical Institute, a total of 642,444 inbound medical tourists visited Turkey in 2021, an increase of 66% from 2020. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Dubai71.85 7. This report examines why the top 20 destination countries are where they are today. Statista. Medical Tourism Market Report 2022: Coverage of 169 Countries For GMT Office Hours Call +353-1-416-8900, Internet Explorer presents a security risk. An earlier version of this article gave an incorrect name for a global medical tourism guide. facts. For instance, in developed countries like the UK and Canada, there is at least a 4-week wait between the time a patient makes an appointment and the time he/she can see the physician. Im going to live my life, but Im going to take my precautions while I do that, he said. He has extensive international experience and lived and traveled to over 30 destinations. Each year, millions of US residents travel to another country for medical care which is called medical tourism. The 2020-20121 MTI addresses this very question. Medical tourism financial incentives and grants, Health tourism financial incentives and grants, Compulsory travel health insurance for visitors. Definitive statistics on medical tourism are hard to come by because countries have different recording methods and definitions of the sector. Avail customized purchase options to meet your exact research needs. Receiving care at a facility where you do not speak the language fluently could lead to misunderstandings about your care. For the purpose of this study, Grand View Research has segmented the global medical tourism market report based on country: Treatment Type Outlook(Revenue, USD Million, 2016 - 2030), Service Provider Outlook(Revenue, USD Million, 2016 - 2030), Country Outlook(Revenue, USD Million, 2016 - 2030). Find out which countries are succeeding in promoting medical tourism. The medical tourism market growth will be accelerated by the expansion of inbound medical travel. At 39, I have to come to terms with the reality that Ill never have kids. Financially challenged individuals will seek out and be more receptive to the idea that you can travel abroad and see substantial savings for medical treatment and get past the line.. Who are the key players in medical tourism market? This has resulted in increased government engagement and the promotion of medical tourism. And sign up for our weekly Travel Dispatch newsletter to receive expert tips on traveling smarter and inspiration for your next vacation. This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2030. and over 1Mio. The Medical Tourism Calculator (MTC) is an adaptable tool used by all industry stakeholders to demonstrate the total economic impact of a medical travel program. https://www.researchandmarkets.com/r/9sy11o. Medical Tourism Index 2020-2021 VIEW DESTINATIONS Watch the Video 2020-2021 MTI Overview 2020-2021 MTI Overall Ranking #1 Canada 76.47 2. Privacy Policy. But since her divorce last year and the coronavirus restrictions placed on the beauty industry in March, those treatment costs have become prohibitive, especially with no insurance. Some countries have taken stock and seek to increase inbound medical tourism while others are moving from increasing medical tourism numbers to increased revenue. Follow-up care for medical complications can be expensive and mightnot be covered by your health insurance. Health checkups and dental treatments accounted for the major portion of inbound procedures in Indonesia. Medical tourism is a term that refers to traveling to another country to get a medical or dental procedure. Important factors like job creation and tax revenue, as well as the impact on hospitality and tourism, have been less emphasized in medical tourism forecasts. Chart. Healthcare facilities in another country may not have adequate infection control practices and medical tourists could be at risk for getting a drug-resistant infection. Ms. Stephano is a keynote speaker at international conferences, has spoken at hundreds of events and is a featured source of reference on issues related to health, travel and tourism for media outlets around the world. , Jun 6, 2019. CDC twenty four seven. Medical Tourism Association. Check the qualifications of the clinician who will be doing the procedure and the credentials of the facility where the procedure will be done. Spanish, Russian). You may need to get them translated into English. Antimicrobial resistance happens when germs develop the ability to not respond to drugs such as antibiotics used to treat infections. Country profiles are only available to IMTJ subscribers. to incorporate the statistic into your presentation at any time. Copyright 2023 Grand View Research, Inc. All rights reserved. Spain 72.93 5 United Kingdom71.92 6. Covid-19 has devastated the whole medical tourism ecosystem because of all the uncertainty over travel restrictions and quarantine measures that keep changing across the world, said Paul McTaggart, the founder of the agency. Medical Tourism Market Size, Share, Growth Forecast To 2028 The reasons people may seek medical care in another country include: The most common procedures that people undergo on medical tourism trips include dental care, cosmetic surgery, fertility treatments, organ and tissue transplantation, and cancer treatment. This report has the latest information, facts and figures on medical tourism by country. He got his crowns replaced in Los Algodones, also known as Molar City. Inform the medical staff at your destination of allergies you may have. Country Profiles enable you to find out all you need to know about a specific country, and access the latest news, articles, information and statistics relating to inbound and outbound medical travel for that country. Explore purchase options. The primary reasons for this drop were the imposition of travel restrictions and the global suspension of elective procedures. This is attributable to high influx of medical tourists in 2021, when compared to other countries. Which segment accounted for the largest medical tourism market share? Medical tourism is not dead, nor dying, nor booming. In the UK, about 10 million patients are currently waiting for surgery, up from 4 million before the outbreak. Our market has always been what I call the working poor and they just keep getting poorer, said Josef Woodman, the chief executive of Patients Beyond Borders. The Medical Tourism Statistics By Country | HealthTrip statistic alerts) please log in with your personal account. Saving Lives, Protecting People, American Medical Association Ethical Guidance on Medical Tourism, Organization for Safety, Asepsis, & Prevention's Travelers Guide to Safe Dental Care, The International Society of Aesthetic Plastic Surgery guidelines for travelers, National Center for Emerging and Zoonotic Infectious Diseases (NCEZID), Division of Global Migration and Quarantine (DGMQ), Obtencin de atencin mdica en el extranjero, Zika: A CDC Guide for Travelers infographic, Guidelines for US Citizens and Residents Living in Areas with Zika, Cholera Information for Health Care Professionals, Improving the Quality of Travel Medicine Through Education & Training, Genomic Surveillance for SARS-CoV-2 Variants. Please create an employee account to be able to mark statistics as favorites. Turkey dominated the medical tourism market with a share of 26.1% in 2021. Dublin, March 22, 2023 (GLOBE NEWSWIRE) -- The "Medical Tourism Country Profiles 2023" report has been added to ResearchAndMarkets.com's offering. The opening of borders in 2022 and vaccination drives may positively impact the market. Medical tourism numbers out. As a Premium user you get access to the detailed source references and background information about this statistic. IHRC is the publisher of the Medical Tourism Index (MTI).. Abu Dhabi70.26 10. Please create an employee account to be able to mark statistics as favorites. Fortis Memorial Research Institute, Gurgaon, Opinions of expert physicians and surgeons, Assistance for accommodation and healthy recovery. (May 16, 2018). Quality of Care. Due to the selection of highly trained doctors and better medical infrastructure, India has become a medical tourism hotspot, with 166,000 international patients visiting the country in 2012. He taught or teaches MBA and executive MBA courses at various institutions worldwide such as East China University of Science and Technology (China), the Copenhagen Business School (Denmark), Jacobs University(Germany), the University of Lausanne, HEC (Switzerland) or the University of Fribourg (Switzerland). Make sure you can get any needed follow-up care in the United States. Youngman, "Medical Tourism Statistics: Why McKinsey Got It Wrong," ", International Medical Travel Journal, Value of the leading medical travel destinations worldwide as of 2018 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1013813/leading-medical-tourism-countries-value/ (last visited July 05, 2023), Value of the leading medical travel destinations worldwide as of 2018 (in million U.S. dollars) [Graph], International Medical Travel Journal, May 16, 2018. 1 Health travel services are measured through foreign nationals' purchases of goods and services, such as food, lodging, and . He was also a member of the Federal Commission ofConsumer Affairs, an advisory body for the Swiss Government. Hotels are cheap, sites are empty and you get to have down time in a foreign city where you dont have to explain to anyone why or how you got a hair transplant.. Treatment might be prolonged and might not be covered by your health insurance. In addition, emerging countries are known to have renowned surgeons, which is attracting millions of patients per year for various treatments. Outbound medical tourism costs some countries millions of dollars in exchange revenue but produces revenue for others. Dr. Marc Fetscherin is an Associate Professor of Marketing at Rollins College (FL), United States. For more information about this report visit https://www.researchandmarkets.com/r/vsoy7m. Complimentary 10 hours free analyst time for market review, 3. The risk of complications depends on the destination, the facility where the procedure is being performed, and whether the traveler is in good health for the procedure(s). Your transaction & personal information is safe and secure.