Medical Tourism to Korea at an All-Time High

Posted on 12 May 2012 in Uncategorized by admin

The total amount of money spent by foreigners on Korean medical care during last year is estimated at over $100 million, mostly spent on plastic surgery and general check-ups.

According to the Bank of Korea’s ’Statistics on International Balance of Payments in 2011 (tentative)’ released on Tuesday, revenue from medical tourism rose by 29.2% over last year to 116 million dollars- the highest ever since data collection began in 2006.

Revenue from medical tourism was only $59 million in 2006. The numbers have risen steadily since, reaching $67.5 million in 2007, $69.8 million in 2008, $82.7 million in 2009, and $89.5 million in 2010.

“As Korea’s medical skills and quality of services became better known in other countries, more medical tourists are coming here,” said an official from the Bank of Korea.

“It seems that Chinese and Japanese tourists are entering Korea mostly to have plastic surgery.”

In fact, the total number of medical tourist visas issued by the Korean Embassy in China was 1073, 3.9 times more than 2010.

In addition, according to Ministry of Health and Welfare’s report of ‘Performance Review on Attracting Foreign Patients in 2010,’ the number one type of medical treatment that foreigners chose was dermatology and plastic surgery (14%).

This was followed by internal medicine (13.5%), general check-ups (13.1%), family medicine (9.8%) and obstetrics and gynecology (5.6%).

http://english.hani.co.kr/arti/english_edition/e_business/516984.html

Medical Tourism Resource Online

Caribbean Nationals Sought For Medical Tourism Focus Group

Posted on 29 March 2012 in Uncategorized by admin

CaribPR Wire, NEW YORK, NY, Mar. 27, 2012: Caribbean nationals are being sought for one-on-one telephone interviews on medical tourism.

The Caribbean nationals can either be resident in North America or the Caribbean and will be paid for their participation if selected.

Caribbean nationals in North America who may have traveled home to the Caribbean or Caribbean nationals who may have travelled to North America for cosmetic dentistry, plastic surgery, weight loss – gastric bypass/stomach stapling/LAP- band surgery, cataracts/refractive surgery/LASIK or joint replacement surgery or may be contemplating doing so, are being invited to be a part of the survey.

To qualify, you must be 18 years or older and have spent or be willing to spend $3,000 for the eye-related procedures and over US$5,000 on any of the other above mentioned procedures.

All information provided for the research will be treated with the utmost confidentiality. Participants must have Internet access.

http://caribpr.com/news_story/caribbean-nationals-sought-for-medical-tourism-focus-group/release_0010398.html

Medical Tourism Resource Online

Cali: An emerging medical tourism destination

Posted on 19 June 2010 in Uncategorized by admin

The western Colombian city of Cali is emerging as one of the country’s most popular destinations for medical tourism, reported El Tiempo on Tuesday.

Previously known as the sports and salsa capital of South America, Cali now counts some 50,000 visitors a year who are looking for cheaper and higher-quality medical treatments.

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Now U.S. Doctors Traveling Abroad to Treat American Medical Tourists

Posted on 10 May 2010 in Uncategorized by admin

LOS ANGELES/PRNewswire/ — In what can potentially be a ground-breaking development, the California based medical tourism company Global Medical Excellence LLC has developed an innovative arrangement to tackle the increasing cost of healthcare in the U.S. GME has entered into contracts with U.S. Board Certified surgeons who agree to travel to India or Lebanon (and soon other countries) to perform surgeries on GME’s patients. Contrary to the existing phenomenon wherein U.S. patients traveling abroad are operated upon by foreign doctors, patients can now visit GME’s website and choose to have either a U.S. doctor or a foreign doctor for various elective surgeries such as Joint Replacement, Spinal Disc Fusion, Lap Band, Plastic Surgery, etc. Moreover, GME will be providing a comprehensive insurance coverage to the patients to mitigate all risks.

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Medical Tourism: Are The Savings Worth The Risk?

Posted on 2 April 2010 in Uncategorized by admin

Maybe it’s happened to you: you need an expensive medical procedure, but you don’t have the healthcare coverage to pay for it. Whether it’s heart surgery with the price tag of a house, dental work or plastic surgery, medical care is very expensive in the United States.

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Plastic Surgery Market Provides Growth Opportunities, Finds Frost & Sullivan

Posted on 1 February 2010 in Uncategorized by admin

MOUNTAIN VIEW, CA.– Frost & Sullivan has recently completed a global survey of hospitals and surgery centers providing plastic surgery. The survey, Growth Opportunities in the Global Plastic Surgery Market, reveals that plastic and cosmetic surgery continues to post some of the strongest procedural growth year-over-year of any surgical specialty. This detailed, quantitative, global assessment finds significant growth in select procedures and shows how opportunities vary widely by country.

“Boosted by rising income levels in developing countries, medical tourism, and growing cultural acceptance, plastic surgery is a critical segment for any company targeting the surgical market,” states Frost & Sullivan’s Vice President of Customer Research Dan Colquhoun.

The results of this research will help business planners and strategic decision makers within the medical device and pharmaceutical industries. The survey highlights which countries represent the greatest opportunity for companies in the plastic surgery market, which plastic surgery procedures represent the greatest opportunity, the number and identities of hospitals and clinics performing these procedures, and the degree of use of anesthesia and sedation in these procedures.

For this survey, 753 individuals in 15 countries participated in the project. Respondents were individuals who had plastic or reconstructive surgical procedures performed at their facilities and had one of the following roles in their organization: chief/head of plastic or reconstructive surgery, plastic and reconstructive surgeon, administrator, or nurse. The research was conducted in both public and private clinics and hospitals.

Prnewswire.com

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