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The Herman Trend Alert
July 22, 2015 Medical Tourism in a Different Light For many years, traveling to Asia or elsewhere for an expensive medical procedure was a financial imperative. Complicated medical procedures were prohibitively expensive in patients' home countries, not to mention the challenging insurance issues. Now, the landscape is changing; Asian nations are leading the way with cutting edge techniques and sophisticated United States government- approved technology. According to the Medical Tourism Association (MTA), an estimated 11 million healthcare consumers pumped USD $438.6 Billion into local and national economies overseas last year alone. That number represents 14 percent of the worldÕs tourism dollars.
Hundreds of hospitals with a JCI Seal of Approval
India is leading the way Also in India, at Medanta Hospital in Gurgaon, 50 patients successfully received kidney transplants using a robot-assisted breakthrough procedure. Thailand already known as one of the best places in the world for cosmetic surgery now has become one of the top spots for eye and dental surgery as well. And certainly Singapore remains on the list for organ transplants, cancer treatment, cardiac surgery, and fertility treatment. Joining Singapore is Malaysia coming on strong for cosmetic surgery and comprehensive health checks. And finally, Korea is known for its stem cell treatments and spinal surgeries.
Significant savings
Our forecast Special thanks to Business Traveler Magazine for covering this topic in their June 2015 issue. © Copyright 1998-2025 by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Joyce Gioia, Strategic Business Futurist. 1.336.210.3548 or https://hermangroup.com. To sign up, visit https://HermanTrendAlert.com. The Herman Trend Alert is a trademark of The Herman Group, Inc."
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