Nov 3, 2011

World - The Rise of Medical Tourism



More and more people are realizing that in order to afford certain cosmetic surgery procedures traveling abroad is their best bet; from this growing trend comes the term 'medical tourism'.

What is medical tourism and why is it the next big thing in tourism?

The term “medical tourism” was coined by media covering the growing trend of people in the wealthier countries traveling for medical services at a lower cost.

The majority of these trips are for cosmetic surgeries though other surgeries are seen at times as well. There are a variety of factors at work which drive people to seek medical care in other countries and it's not just cost.

No Long Waits Abroad

There are sometimes shockingly long waits for non-urgent care causing medical procedures to take a very long time to come together. The best plastic surgeons have long waiting lists as well which is now driving their potential patients to seek skilled cosmetic surgeons elsewhere.

Lack of Insurance Coverage

More and more insurance companies are cutting corners and failing to cover expenses related to orthopedic surgery or certain types of medically required cosmetic procedures such as breast reduction which is also driving patients away.

Even when surgeries are covered insurance companies are putting prohibitive restrictions on facilities, doctors and prosthetics; these restrictions force many people to look for medical care elsewhere.

Cost

Tourists can have cosmetic and medical procedures done at a fraction of the cost in a foreign country than it would cost in the individual's homeland. The prices are so dramatically reduced that the cost of travel is negligible in comparison.

Popularity

Asia seeks to benefit the most from medical tourism with Thailand enjoying pole position in attracting tourists in their world-class hospitals.

Meanwhile, Korea has found itself in the not-entirely enviable position as the world's best market for cosmetic procedures per capita.

In the Middle East the most popular cosmetic surgeries are liposuction and breast augmentation. Face lifts are quite popular as well and both genders are taking advantage of medical tourism with 47% of recipients of these treatments being male.

This is a drastic jump from the low 8% of men during the 1990s. Men are becoming more conscious of how they look and the discrete nature of medical tourism may also play a part in this increasing trend.

Projections are high, showing a rise in medical tourism in the years to come. An estimated 81.6 million USD was spent in the United Arab Emirates on cosmetic procedures alone.

But in terms of raw numbers, the top three countries are: U.S., Brazil, China with China probably surpassing the top two given a steady economic growth in the next few years.

Hetty Proudhonne
Plasticsurgeryguide.com



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