Korea Tourism OrganisationKorea Medical Tourism Bibliography2013. South Korea. It has global websites in many languages. While plastic and skin surgery remains South Korea’s largest medical tourist attraction, internal medicine occupies a respectable and growing 20% share of ROK’s foreign medical procedures. South Korea’s medical tourism market is growing, but is behind that of Thailand and Malaysia - all strong competitors. The Korean government could monitor the price of medical services and maintain a transparent pricing system. Bus lines from Kuala Lumpur International Airport to local hospitals are part of daily life in Malaysia’s capital city mainly because of medical travelers from Indonesia, said Vequist. On average Mongolian medical and health tourists also spend 10 days sightseeing. registered since 2009, with an overall increase of 3 0.5% between 20 09 and 2015. Free entry in the IMTJ Medical Travel Directory, Free Silver Profile and on the Treatment Abroad patient website. Tourist Arrivals in South Korea averaged 664879.46 from 1993 until 2020, reaching an all time high of 1703495 in July of 2016 and a record low of 29415 in April of 2020. The global medical tourism market size was valued at USD 44.8 billion in 2019 and is expected to witness a CAGR of 21.1% over the forecast period. 4. Seoul reports numbers in Gangnam plastic surgery clinics down from 36,000 in 2014 to 12,000 in 2015. Although private, it supports and works with the national government It has 657 million monthly mobile users and annual revenue of $10.25 billion. Government agencies and institutions not centralized, with each local government having to develop its own laws and implement its own policies. But by 2016 the website had gone. . Related Reports. According to the Korea Health Industry Development Institute, the number of Vietnamese patients increased eightfold from 921 in 2010 to 7,447 in 2017. According to Seoul City, of the medical tourists who visited Seoul in 2017, Mongolians accounted for the fifth-highest number. South Korea. 24% of Chinese patients sought cosmetic surgery. Opening Ceremony: 5th November 2020 13:00-13:15. It surveyed 1,000 patients and 32.3% expressed dissatisfaction, while 17% had at least one negative side effect. The number of Chinese cosmetic patients was 79,000 in 2014. The measures are aimed at gaining public trust in the industry here following a number of fraud cases involving overcharging and illegal brokers. Directly accessible data for 170 industries from 50 countries South Korea is becoming one of the major centres for medical tourism in Asia. COPYRIGHT(C) STATISTICS KOREA. data than referenced in the text. 5056. Such a concept was not legal until a new law passed in June 2014 which changed that, allowing the establishment of such facilities to become possible. The three exceptions are Indonesia (-0.7%), which has suffered from volcanic activity; South Korea (-3.7%), which is still recovering from last year’s group tourism ban; and the USA (-9.5%), which has ended a decade of positive growth. All employees, employers, public servant, teachers and their dependents are covered by employment-based insurance. Local epidemics such as swine flu and SARS must not be ignored, as these risks could bring medical tourism to a halt in affected countries. Factors propelling market growth comprise inadequate insurance benefits and no healthcare ins… The hotel will cover eight medical areas including cosmetic surgery, and will also offer medical checks or the elderly. Medical Avenue. Cosmetic surgery and dermatology followed at 12.3% and 10.9%, respectively, showing that one fifth of medical tourists come to Korea for cosmetic purposes. Get full access to country profiles with an IMTJ Country Subscription. Fall in China to South Korea medical tourism, Tax rebates and price transparency to encourage medical tourism to South Korea, ‘Oil Money’ Pours into Korean Medical Tourism, Medical tourist numbers and complaints from Chinese patients both on the increase, Discounted taxes to promote cosmetic surgery tourism, Healthcare platform launches cross border information portal, Plastic surgery tourism bring Chinese to South Korea, South Korea hopes for huge expansion in medical tourism numbers, Online medical tourism portal opens for tourists, Asiana Airlines promotes medical tourism to South Korea, Chinese Overtake Americans as Top Medical Tourists in Korea, Most Medical Tourists Now Come from China, Medical Tourists to Korea Expected to Reach One Million per Year in 2020, South Korea medical tourism hampered by regulation, Asian medical tourism: Research and statistics update, South Korea targets Filipinos, Cambodians and Russians, Government strategy for medical tourism helps hospitals in South Korea, Government allows private for-profit hospitals in Korea, 2010 was a good year for South Korean medical tourism, South Korea wants to expand medical tourism beyond cosmetic surgery, South Korea seeks domestic hospital accreditation system, Cosmetic surgery silver lining for medical tourists. They spent $78.5 million and $105 million, respectively, in 2011 and 2012. The UAE spend was a 370% increase from 2013. Medical tourism Within this section, you will find information on medical tourism numbers, our estimate of inbound and outbound medical tourists (where they can be reliably ascertained) and news that provides estimates of medical tourism activity in Taiwan. The Act on Overseas Medical Expansion and Foreign Patient Attraction Support has the dual aim of allowing 160 Korean hospitals and clinics to go abroad and promotion to attract 500,000 foreign patients a year to Korea by 2017.Hospitals wanting to set up branches overseas can benefit from financial and tax, as can medical tourism agencies attracting foreign patients. Earlier in 2018, the Ministry of Health and Welfare said 321,574 medical tourists visited South Korea in 2017. Find out more about our advertising packages or contact our sales team. The KTO expects the amount of average per capita spending in Korea by medical tourists to grow from 2.53 million won in 2013 to 3.56 million won in 2020. 271 patients spent more than 100 million won ($90,700) on their treatment, compared to 210 in 2014. The cost of medical treatment in Korea is internationally competitive but above Thailand and India, mainly due to higher labour costs. 053-260-5055 ext. Learn More. According to a survey on the satisfaction of medical tourism in South Korea in 2019, the leading reason for traveling to South Korea for medical treatment was its advanced medical technology. New, Everything you need to know about the industry development, Find studies from all around the internet. Within this section, you will find published information on medical tourism numbers, our estimate of inbound and outbound medical tourism, and IMTJ news and external news that provide estimates of medical tourism activity in South Korea. the most accurate, current information on international medical travel, global healthcare, and the international patient experience. The Chinese media has been full of stories of cosmetic surgery performed by unqualified doctors in Korea. Hospitals benefit from strategic partnerships with hotels and airlines. Within this section, you will find published information on medical tourism numbers, our estimate of inbound and outbound medical tourism, and IMTJ news and external news that provide estimates of med ... Metabolic / Bariatric Surgery Worldwide 2014, Metabolic / Bariatric Surgery Worldwide 2011, South Korea spends $1 billion a year attracting medical tourists, 7,500 Vietnamese citizens visited South Korea for medical tourism, second largest number of foreign patients who visit Incheon, 2017 saw 321,574 medical tourists, a 12% drop on 364,189 in 2016, Mongolians accounted for the fifth-highest number, 321,574 medical tourists visited South Korea in 2017, Korea Health Industry Development Institute, Analysis of medical tourism in India and South Korea, Record inbound medical travel to South Korea, Korean medical tourism centre opens in Russia, 12% fewer medical tourists to South Korea in 2017, 7,500 Vietnamese visit South Korea for medical tourism, More licensed hospitals and medical tourism agents in South Korea, 130m Chinese holiday abroad, outbound medical tourists estimated at 0.5m, South Korea grows its medical tourism business, Fewer hospitals licensed for medical tourism in South Korea, Fewer Chinese medical tourists in South Korea, Busan hospitals seek to boost Russian medical tourism. Seoul is the cornerstone of Korea's medical tourism with $260 million on treatment in 2013. According to the plan, telemedicine services are to be allowed in regions with a limited access to medical services such as islands while medical and health information of public agencies are opened to the public for the creation of new industries. According to The Ministry of Health and Welfare, a fifth of patients sought treatment for internal medicine (20%), followed by cosmetic surgery (11.3 %) and dermatology (11.1 %). The Korea International Medical Association has been formed to encourage medical tourism. 9,600 Mongolians visited Seoul as medical tourists in 2017. At an Oracle Clinic in Seoul, one of a … The plan is to have a website that provides consultation and support for foreign patients regarding any difficulties they may face in Korea, such as compensation in the case of a medical accident or disputes over treatment fees. As an East Asian nation in the southern half of the Korean Peninsula, it shares one of the most heavily militarized borders with North Korea, its only neighbor. Exactly how this will help real medical tourism is still unclear. General Statistics Office data show that more than 2.8 million Chinese tourists visited Vietnam from January through July this year and the number of South … The Council for Korea Medicine Overseas Promotion was set up by Korea Tourism Organization, Korea Health Industry Development Institute and Korea Ministry of Health and Welfare in 2007, to promote South Korea as the next medical travel destination. 3,013 and that of medical tourism agencies 1,666 in 2016. “The key areas of cooperation in health between the UAE and Korea can be medical tourism, hospital operation, and provision of medical devices,” … All residents in rural areas and the self-employed in cities are covered by self-employed insurance. In 2012 159,000 people from 188 countries visited Korea for medical treatment. The Medical Tourism Association is a Global Non-profit association for the Medical Tourism and International Patient Industry. To avoid being dependent on Chinese and Japanese medical tourists, Seoul has targeted ten countries; Russia, India, Mongolia, Malaysia, Singapore, Thailand, Indonesia, Philippines, Vietnam and Hong Kong. The paper looks at risk areas that are often overlooked-. Statista assumes no Russian patients are different from Chinese patients who visit Korea for plastic surgery, in that they represent the largest share of foreign patients who visit Korea for fertility treatments (20.6%). Russian patients spent more than Americans at 87.9 billion won ($80 million). Chinese patients tend to visit cosmetic surgeons and dermatologists while Russians have health check-ups and get treated by gynaecologists and dermatologists. South Korea medical tourism: Inbound revenue exceeds outbound in 2011, Developments in Philippine medical tourism, Indonesia cosmetic surgery tourism partnership, Malaysia looks to open to international patients, but limits countries, Sri Lanka quarantines some international travellers, COVID-19 could cost global tourism US$73bn, Support for the outbound medical traveller, Medical travel to South Korea’s second city, Korea Health Industry Development Institute (KHIDI), Buddhism, Christianity; nearly half of adults profess no religion. Please do not hesitate to contact me. All important statistics are prepared by our experts – available for direct download as PPT & PDF! Destinations Ranked Based on … The Korea Health Industry Development Institute (KHIDI) reported that foreign patients rose to 250,000 in 2014, 40,000 more in 2013. One in four customers said that they had no real warning of the potential risks. To maximize the potential of medical tourism, Korea needs to maximize its strengths, utilize its opportunities, overcome its weaknesses and prepare for threats. Figures from the 10 most popular cosmetic hospitals among Chinese visitors in early 2015 shows a 20% drop from 13,500 customers in 2014 to 10,000 in 2015. NHI is financed through monthly contributions from the insured and their employers, and government subsidies. Third was dermatology with 19,949 patients. The national government of South Korea will aid eight local governments to attract foreign medical patients with more advanced technologies. Venue: Online Conference Centre, including exhibition hall, conference hall and networking lounge. In South Korea, doctors gain an area of specialization after a year 's internship and four years of residency. According to the Ministry of Health, Russian patients visiting Korean medical institutions in 2015 mostly went to Busan. Medical Tourism Index Dimensions . Are you running a medical travel event? In 2012 it launched a commercial subsidiary, HealthConnect, as a joint venture with SK. The Visit Medical Korea portal offers services in five foreign languages and includes information on obtaining insurance ahead of a procedure, the treatment process, medical dispute mediation and compensation for damages. Follow up care must be arranged in home countries. 2. the number of patients who specifically travel for the primary purpose of healthcare. They can also run facilities such as fitness centres. A relative newcomer to the medical tourism industry, South Korea has established a well-earned reputation for reliable service at competitive prices. This paper conducts a comparative SWOT (strength, weakness, opportunity, and threat) analysis in India and South Korea with the objective of understanding the various factors that can help or impede the growth of the medical tourism in both nations. The anti-Korean cultural movement among Japanese far-right groups has discouraged Japanese from visiting Korea for medical treatment. NOTE:  If it was 159,000 in 2012 and a 40% increase in 2013 then this gives 223,000 - not 390,000! Thus, the government brought in new law in 2014 that public and private hospitals and clinics are allowed to open meditels - hotels for foreign medical tourists, within the hospital. It will offer cosmetic surgery, skincare and physical check-ups. Cosmetic surgery is expensive compared to other procedures. Korea aims to get up to 1,000 from Dubai via the government this year, having already treated about 290 between January and April. Being one of 4 Asian Tiger industrialized countries helps attract people. Most of the doctors speak some English. The number of patients from the Middle East rose 237% to 1151. Download Historical Data Save as Image. According to the Korea Health Industry Development Institute (KHIDI), international patient numbers have grown from 60,000 in 2009 to 364,000 in 2016. Medical tourism can help stop doctors going overseas, but may also move them from public to private hospitals, so damaging the public sector. City government has approved a development plan to build what will be a 34-storey luxury hospital where each patient will have individual hotel style accommodation also. A common problem is the inconsistency of cost charging during procedures, which can be higher than quoted prices. The site offers information on the Seoul's top 50 hospitals for cosmetic surgery, medical screening and other services in English, Chinese, Japanese and Russian. Health insurance does not cover the full cost of treatment. As competition increases, the lack of investment and marketing by governments and poor product or service differentiation by government and business, may mean countries that are successful medical tourism destinations now, will be overtaken by those with supportive government policies, a better infrastructure, plus differentiated service and care, with a co-coordinated marketing strategy. Thailand accounts for maximum share of the Asia medical tourism market, being followed by India and Singapore. Korea Ministry for Health, Welfare and Family Affaires is supporting activities of KIMA. Medical tourism - the Philippines claim to fame! There were over 7200 patients from Middle Eastern countries including 700 United Arab Emirates nationals on a Dubai government programme. An increasing number of patients were from Uzbekistan, Vietnam and the Philippines. Along with the arrangement, the brokers took about 100 million won ($87,000) as commissions, almost half the cost of the surgery. Top average spend was by people from the United Arab Emirates, with Kazakhstan second. English language skills have helped drive medical tourism. Under medical law, those who want to be a broker have to meet several conditions, including having surety insurance and capital of at least 100 million won. South Korea tourism statistics for 2016 was 20,924,000,000.00, a 11.83% increase from 2015. Most cosmetic surgery customers are from China, where the media has been exposing over charging and unsafe practices in Korea. International flights can expose patients to new germs and bacteria that may increase the risk of infection during operations. Not enough medical professionals in medical tourism. South Korean residents' overseas expenditures on health-related services reached a peak in 2007 at $137 million and then fell to $96 million in 2009 before rebounding to $109 million in 2010. India's medical tourism industry has been on the rise in recent years and could grow to be a $9 billion industry by 2020. The eight local governments will each receive 100 million to 150 million won. The portal has a new section introducing South Korean hospitals and clinics for treatment of 20 major medical problems. Saudi patients are going to foreign countries for organ transplants, cancer treatments, organ transplant and chronic disease care such as diabetes – and Korea wants this market. The market is not big enough or expanding fast enough for all those countries wanting to grow or develop medical tourism to succeed. All medical facilities that treat foreign patients and those who introduce foreign patients to a medical service provider must be registered with the health ministry. The report titled "Singapore Medical Tourism Market and Forecast To 2022" provides a comprehensive analysis of the Top 16 source market for Singapore Medical Tourism. New competition from Asian countries such as Taiwan attracting Chinese patients from the Mainland and overseas. The healthcare system is based on a social health insurance model that is compulsory for the whole population. The number of Russian patients who visited Incheon increased 66% in 2018, despite the small 2% decrease in the total number of Russian patients visiting Korea. Visitors to the website can have online chats with experts to talk over the various services, fees or any concerns they might have. The Korea Tourism Organization (KTO) is particularly stepping up marketing to the Philippines, Vietnam, Cambodia, Japan, Malaysia and Indonesia. The Worldwide Market for Medical Tourism (2019-2026): Size, Share & Trends Analysis by Country - CAGR to Grow at 21.9% - ResearchAndMarkets.com ... 5.12 South Korea 5.13 Czech Republic More than 90% of the medical facilities are run by the private sector. A key reason for the deal is to cut out of the equation illegal Chinese and Korean brokers who offer treatment at exorbitant cost and can even steal all the money paid. IMTJ analyses the numbers. Projects include promotion activities, infrastructure expansion activities and environmental improvement activities. 28% of Russians and 23% of those from the USA had hospital treatment. Chinese customer numbers fell due to decreased satisfaction with results, public problems on illegal brokers, charging higher prices for foreigners than locals, illegal clinics, use of unqualified all aggravated by the economic problems in China. They also reduced their spending by 25.6%to 639.9 billion won (US$570m). South Korea saw a surplus in its health tourism account of more than US$100 million, largely thanks to increased spending by overseas travellers seeking healthcare and medical services in the country. But in practice few if any clinics are prosecuted, and the risks are low compared to the potential reward. Availability of additional benefits including better healthcare, latest technologies, innovative medicines, modern devices, better hospitality, and personalized care are some of the drivers of this market. A Russian patient spends an average of 3.66 million won ($3,300), more than a patient from the United Arab Emirates at 17.71 million won ($16,000), and Kazakhstan at 4.56 million won ($4,100). Many thousands of medical tourists are believed to leave South Korea for treatment annually. The number of visitors from the Middle East is expected to decrease as the quality of medical services in countries such as the UAE, Qatar and Saudi Arabia improve. The number of hospitals and other medical institutions involved in the industry grew to 3,800 in 2013. Specialist services include cancer surgery, cardiovascular care, robotic surgery, stem cell treatments, ophthalmology, fertility treatment and cosmetic surgery. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: In the following 5 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Medical tourism in South Korea ". The KCA poll found 63% said they didn’t know how to distinguish between specialized and non-specialized plastic surgeons. According to the Medical Tourism Association, about 14 million people in the world travel to other countries in search of medical care annually. SNUH is a public hospital but is taking a major role in the government’s plan to privatize medical services, by pushing for medical tourism projects and launching a for-profit subsidiary. The ministry's approval of the first profit-oriented hospital sparked fears that it will serve to open the floodgates for more of them across the nation as rich local patients, dissatisfied with current medical services, flock to them. A complete breakdown of treatments received by foreign patients, according to The Ministry of Health and Welfare: Of the patients that received cosmetic treatments, Chinese nationals accounted for 57.7 percent, trailed by Japanese with 5.7 percent. Seoul Guide Medical is the Korea’s biggest and most reliable government-approved medical tourism located at the heart of South Korea. The standard of healthcare in public and private hospitals is good, but patchy in rural areas. 2,000 actually have the treatment Abroad patient website will be a hotel with 390 rooms, and the are! Two countries either Dubai or Iran attracting 400,000 by 2018 model that is compulsory for medical tourism in south korea statistics treatment cancer... 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