medical tourism in south korea statistics

Russian patients visiting Korean medical institutions in 2015 were 7% of the total, around 4,000 patients, almost all going to Busan. According to the Korea Health Industry Development Institute, the number of Vietnamese patients increased eightfold from 921 in 2010 to 7,447 in 2017. To boost medical tourism, the ministry will support the development of medical check-up products for foreign tourists. Conflicting figures are coming from local authorities where there are high numbers of cosmetic surgery clinics. The Chinese media has been full of stories of cosmetic surgery performed by unqualified doctors in Korea. 28% of Russians and 23% of those from the USA had hospital treatment. 24% of Chinese patients sought cosmetic surgery. Other problems revealed in the KCA poll are on adverts and risk warnings. Download Historical Data Save as Image. Plans are in place to boost its support and offer more medical tourism packages, with the aim of attracting 400,000 by 2018. The number of Chinese cosmetic patients was 79,000 in 2014. Strong support from the Korean government. Compared to procedures done in the US, patients can save between 30 and 85% if they have the treatment in South Korea. facts. 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. According to the Chinese Association of Plastics and Aesthetics (CAPA) in 2014 56,000 Chinese had cosmetic surgery in South Korea, but too many had work that was less than satisfactory. Russian patients spent more than Americans at 87.9 billion won ($80 million). Patients from the United Arab Emirates spent the most per person on average at 17.71 million won ($16,000), followed by an average of 4.56 million won ($4,100), paid by patients from Kazakhstan. Seoul is the cornerstone of Korea's medical tourism with $260 million on treatment in 2013. Though it’s difficult to track medical tourists in each country Indonesia is likely the largest outbound medical travel market. Seoul. Korea aims to get up to 1,000 from Dubai via the government this year, having already treated about 290 between January and April. 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. Government support and other areas such as infrastructure, competence of medical staff, the entrepreneurial drive of the middlemen facilitating the process, and the general reputation and political stability of the host country are among key influencing factors. 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 %). 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. 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. South Korea Medical Tourism Market, By Treatment Type, From 2020 to 2025 (USD Million) Please wait. Although private, it supports and works with the national government It has 657 million monthly mobile users and annual revenue of $10.25 billion. This was the first decline in medical tourism revenue since the Bank of Korea began keeping records in 2006. Russia accounts for around 21% of foreign patients with a serious illness visiting Korea, following the United Arab Emirates (26.%) and Kazakhstan (22.9%). The market is expected to grow at a rapid rate over the forecast period. Exactly how this will help real medical tourism is still unclear. The future development of Jeju Island as a medical tourism destination will make it easier and quicker for Chinese and Japanese customers to fly for treatment. Third was dermatology with 19,949 patients. 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. 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. . But in practice few if any clinics are prosecuted, and the risks are low compared to the potential reward. New, Everything you need to know about the industry development, Find studies from all around the internet. An increasing number of patients were from Uzbekistan, Vietnam and the Philippines. The South Korean government has a plan for the promotion of the seven service industry sectors including medical, tourism. Medical law falls short in failing to protect foreign customers. South Korea increased promotion for medical tourism across South-east Asia. The destination of these medical tourists tends to be in the USA and Asia, travelling to take advantage of lower prices elsewhere. Specialist surgeons blame many of the problems and complaints on the rising number of non-specialized cosmetic surgeons that the specialist’s estimates outnumber them by up to 10 to one. Sign up for an IMTJ Country Subscription for access, or login if you're already a subscriber. The Health Ministry’s decision to allow hospitals to set up for-profit subsidiaries in an effort to promote medical tourism has had strong opposition from medical unions. Find out more about our advertising packages or contact our sales team. A new plan to encourage more medical tourists to seek treatment in Korea includes offering multi-lingual support to patients involved in medical disputes and those needing general consultations. According to the Seoul Metropolitan Government in 2014, revenue that Seoul hospitals and clinics earned from treating foreign patients has risen sevenfold over the past four years. India's medical tourism industry has been on the rise in recent years and could grow to be a $9 billion industry by 2020. It will offer cosmetic surgery, skincare and physical check-ups. Nine brokers, including two Chinese and seven Koreans, arranged cosmetic surgery for 64 Chinese tourists at two clinics in Gangnam-gu, Seoul, from April 2014 to May 2015. South Korean hospitals are not allowed to have foreign patients exceed 5 % of their capacity, and medical specialists with foreign licenses have limited leeway in working for local institutions. Opening Ceremony: 5th November 2020 13:00-13:15. This text provides general information. Most of the patients are treated in Seoul, and the KCA has already had over 5,000 complaints in 2014, a rise on 2013 and a substantial increase on 2012. NOTE:  If it was 159,000 in 2012 and a 40% increase in 2013 then this gives 223,000 - not 390,000! Your request is being processed. Exactly how this will help medical tourism is so far unclear. Total revenue from medical tourism in South Korea reached $349 million in 2014, down 6.5% from $379 million the previous year, according to the Bank of Korea. Most of these foreigners tended to combine their medical treatment with tourism, with 62.5 percent answering they have done so or plan to in the future in a survey conducted by Yonhap. Can develop marketing strategies that differentiate it from Asian competitors. The hospitals and clinics are of world-class standards. The US figures includes a large number of expatriates, travellers and US military. Russia has the second largest number of foreign patients who visit Incheon, followed by China. 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. 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 ". Travel risk includes infection and exposure to diseases. All hospitals in Korea are non-profit ones run by non-profit corporations that must reinvest proceeds only for medical purposes. They spent $78.5 million and $105 million, respectively, in 2011 and 2012. Foreigners who have cosmetic surgery or cosmetic treatment in South Korea will receive a value added tax refund. 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. Matoshri Health Trust. Korea International Medical Association (KIMA) is a government-private joint initiative. According to COTRI, Indonesia, South Korea and the USA have declined as destinations for China's medical tourists. One reason is that Korea … When looking at the medical expenses per capita, cosmetic surgery was the highest at 4.4 million won, followed by general surgery at 2.98 million won, pediatrics at 2.77 million won and neurosurgery at 1.95 million won. 2014 saw a head of state go to South Korea for medical treatment. The measures are aimed at gaining public trust in the industry here following a number of fraud cases involving overcharging and illegal brokers. We are the medical tourism service provider in-partnerships with prestigious hospitals specialized in the field of Plastic Surgery, Skin Care, Dental and overall hospital care. In patient counts, internal or general medicine had the most visits from non-Korean residents with a share of 20.2%. South Korea benefits from established trade links with Japan and China. 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. Free entry in the IMTJ Medical Travel Directory, Free Silver Profile and on the Treatment Abroad patient website. South Korea tourism statistics for 2015 was 18,711,000,000.00, a 16.43% decline from 2014. Chinese state broadcaster CCTV broadcasted a report exposing overcharging by Korean hospitals, and the Beijing News ran several articles showing the side effects customers suffered from conveyor-belt practices. 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 South Africa. Most of the top 15 arrival destinations for Chinese outbound tourism in H1 2018 have seen double-digit year-on-year growth. 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. 9,600 Mongolians visited Seoul as medical tourists in 2017. The article states the visitors spent a combined 215 billion won (US$213.8m), accounting for 33.6% of total revenue from foreign patients. Add your event, If you want your event to stand out from the crowd, you can pay for a Featured Event listing. For a Featured event listing as Russians include the old USSR states where no bans! 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