â¢ Medical tourists elect to travel across international borders to receive some form of medical treatment Treatments may span the full range of medical services Most common: dental care, cosmetic surgery, elective surgery, and fertility treatment â OECD, 2010 â¢ No agreed definition of medical tourism exist; as a result methods applied by countries vary substantially This industry may be relatively new, but it is growing rapidly in some locations. It is estimated that the global medical tourism industry will grow at a compound annual growth rate of 17.9% in 2013-2019, reaching USD32.5 billion in 2019. Korea Tourism Organization. Americans can save up to 90% on the cost of a medical treatment by going overseas. With medical tourism still in its early stages, gaining reliable data is challenging. Regular health checks made up the majority share of Chinese medical tourism in 2016, representing over 50% of all medical tourism trips for tourists originating in China. Korea Health Industry Development Institute This is due to the combination of quality and low price. Whether you are receiving surgery in the US or abroad, there are always risks involved. The Korea International Medical Association has been formed to encourage medical tourism. The following list of the top American foreign medical procedures will not surprise you as it is populated by these very procedures that have restricted access. A study published in the, This is no small amount of money and countries in Asia and the Middle East are moving to capitalise on a global business that is worth, Over the last few years, medical tourism has gained popularity among highly industrialized countries such as the United States. Initially, South Korea was the preferred destination for spinal problems only but currently, it is emerging as an ideal destination for dental issues, organ transplants, cancer treatment and many others. One of the greatest shortcomings of the medical tourism industry is the lack of hard facts and statistics. Some countries that offer cheap medical cover also risk the patientsâ lives. This is not to be expected in South Korea. While exact statistics for medical tourism are difficult to confirm, these estimations indicate a strong potential for medical tourism in the future. While Mexico is the best known country in the Americas for foreigners seeking care, Brazil stands out as one of the most advanced places in the region. Brazil is the world capital for plastic surgery medical tourism, owing to the countryâs image-conscious culture. COPYRIGHT(C) STATISTICS KOREA. The original purpose of the commission is to ensure the same standards of quality and care are being met across the States. Government Complex-Daejeon, 189 Cheongsa-ro, Seo-gu, Daejeon 35208, Republic of Korea TEL +82-2-2012-9114, KOSIS - KOrean Statistical Information Service, Statistics on Foreign Residents by the Local Governments, Population Statistics Based on Resident Registration, Youth Survey on Usage of Media and Harmful Environment, Report on the Industrial Accident Compensation Insurance, Survey on the Status of Fixed-Term Workers in Establishments, Survey on Immigrantâs Living Conditions and Labour Force, Survey of Household Finances and Living Conditions, Korea National Health and Nutrition Examination Survey, Report on Health Care Services Utilization, National Health Insurance Statistical Yearbook, Report on Actual Condition of Public Sanitary, Production of Food Manufacturing and Processing Establishments, Epidemiological Survey of Psychiatric Illnesses in Korea, Medical Service Usage Statistics by Region, Evaluation of the Quality of Medical Benefits by Healthcare Institution, The statistics of pharmaceutical consumption and sales, Livelihood Protection Recipients Statistics, Report on Children and Employees at Welfare Facilities, Report on the Elderly and Employees at Welfare Facilities, Statistics on Childcare Facilities and Users, Classified report on protection child in home atmosphere, The Survey on the Actual Conditions of Older Person in Korea, National Geographic Information Statistics List, Survey on Actual States of SMEs(Small and Medium-sized Enterprises), Monthly Estimated Index of Equipment Investment, Business Survey on Micro-Sized Establishment and Traditional Market, Survey on Forecast for Small and Medium Business, Census of Agriculture, Forestry and Fisheries, Agricultural and Livestock Production Cost Survey, Assorted Feed Products and Ingredient Usage Report, production and consumption of milk and milk products, Statistics of Inspection of Imports and Exports of Fisheries Products, Monthly Survey of Mining and Manufacturing, Monthly Survey of Machinery Orders Received, Statistics on Building Permission and Commencement Works, Monthly Survey of Construction Orders Received and Value of Construction Completed, Yearbook of Road Bridge and Tunnel Statistics, Information and Communication / Science and Technology, Report on Survey of Domestic Bio-Industry, The statistics of Internet Address Resources in Korea, Price Index of Commodities Received and Paid by Farmers, Survey on Construction Management Engineer`s Wage, The Survey of Rice Price in producing district, Statistics of Securities and Derivatives Markets, Loan Officer Survey on Financial Institation Lending, Small & medium Business Export Statistics, The status of waste recycling and recycling companies, Result of Soil Quality and Contamination Monitoring, Status of Investment in Specialized Environmental Construction Business, Korea National Environmental Health Survey, Survey on deployment of New & Renewable energy, Statistics of Generation Facilities in Korea, Economically Active Population Survey in November 2020, Supplementary Results of the Economically Active Population Survey for Non-wage Workers and the Economically Inactive Population in August 2020. Recent advancements in data gathering and communication have revealed the full extent of recent growth. This will reach 598,000 in 2015 and 998,000 in 2020. Broadly speaking, medical tourism is the act of traveling to obtain medical care. How can I download statistical data as a file. The industry is now much more closely studied, as interest has grown with public popularity, giving a more accurate outlook of upcoming trends. Hong Kong This office works with the government and other health agencies in the country in making and enforcing policies regarding public health and safety. 2018 Bloomberg Innovation Index ranked Korea the most innovative country for the 3rd year in a row. Therefore we do not undertake responsibility of medical information or medical services provided by medical facilities. For people that need these procedures completed or canât afford a cosmetic procedure in their home country, however, there are not many options available. This is beneficial for both parties. And the government plans to use these achievements to boost medical tourism. The Malaysian Ministry of Finance expects the number of medical tourists to increase significantly to two million by 2020, following the tax exemption for medical bills. We introduce hospitals and medical facilities to patients but not offer medical services. Medical tourism comprises of two different segments. South Korea is one of the most popular medical tourism destinations in the world. Clinicians and clinics will have patient data that can be transferred and discussed more easily, and attract lucrative overseas client once the seal of approval has been given by the JCI. 10, Segye-ro, Wonju-si, Gangwon-do, Republic of Korea 26464. In 2017, one million medical tourists visited the country, 600,000 of whom were from Indonesia. A lack of health insurance is the most common factor for medical travel, but the report recognised a patient need for accessibility, experience focused offerings and an increasing desire for high quality care. Possibly, but possibly not. With an international standard being followed patients now have less to worry about, including required follow up treatment at home. Outbound Medical Tourism In 2007, an estimated 750,000 Americans traveled abroad for medical care. The fall of the USSR has brought a swathe of patients in to Poland from the UK and Hungary receives most of its influx from Western Europe. The Republic of Korea is a country of limitless potential with progressive hospitals of the future, supercomputers for treatment, innovative procedures. According to the latest statistics by Korea Health Industry Development Institute (KHIDI), the number of people traveling to Korea for medical tourism is nearly reaching a whooping 300,000. While distance to a destination is not the deciding factor in the majority of cases it does. Now its international body, the. About 1.9 million of them are Americans. COPYRIGHT(C) STATISTICS KOREA. From 2010 to 2013, there has been a steady growth rate of 30%, and as of 2014, the trend seems ever-consistent. The expectation of good care abroad comparable to that of domestic medicine is a main concern of medical tourists. The research report titled âSouth Korea Medical Tourism Market Insights, Opportunity, Analysis, Market Shares & Forecast 2017 â 2022â provides detailed information on the South Korea Medical Tourism Market. Since 1999 the Joint Commission, which is a U.S. governmental body has been expanding overseas. The top ten medical tourism destinations are Japan, Korea, the US, Taiwan, Germany, Singapore, Malaysia, Sweden, Thailand, and India. South Korea is a popular destination for medical tourism, only surpassed by the U.S. and Germany, according to a Korean survey of medical tourists in 2017. The global Medical Tourism market size is undoubtedly important. As both patients, practitioners and service providers look towards the future a common aim is that of a seamless and reliable experience. What statistics are currently produced in Korea? One reason is that Korea â¦ As described in Figure 1, there are three categories of medical tourism: outbound, inbound and intrabound (domestic). Public and private employees are covered by healthcare insurance, as mandated by the government, and many hospitals continually â¦ At the last available count in 2016, 390,000 people travelled to Korea as a medical tourist compared to the overall patient volume of 14 million. Loss are commonly not viewed medical tourism korea statistics kindly by insurance companies reliable data is challenging located. 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