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Understanding Global Healthcare Tourism
"Global healthcare Tourism" sounds like an easy concept to understand. Well, no! It is quite confusing because there are two similar terms often misinterpreted for each other - Medical or Healthcare Tourism and Wellness Tourism. JYN Group plays a significant role in promoting and supporting initiatives within this global healthcare tourism sector
Having no intention to waste your time, Medical or Healthcare Tourism basically means an individual travelling abroad to cure his or her illness through medical procedures, like surgeries, treatments, etc. It is mainly “Reactive” or “Needs-driven” and includes - cardiac bypass, dental surgeries, cosmetic surgeries, transplants or replacements, etc.
On the other hand, Wellness Tourism is referred to an individual travelling abroad based on his or her “wants” of being preventive towards an injury, disease, or illness. It is mainly “Pro-active” and is “Choice-driven,” and includes - Yoga, Ayurvedic detox, Digital detox, Hot-spring circuits, etc.
How did it gain so much Popularity?
So, after understanding the concepts, it is pretty clear that we will be talking about Medical Tourism, which today holds a lot more significance because the market of
Global Healthcare Tourism has exceeded the value of $30 billion, and this data was recorded in 2023.
It was the Covid Pandemic (in 2020) that the Healthcare started holding utmost importance amongst the youth and even others (other age groups). Having suffered an unfortunate and depressing time like Covid-19 Pandemic, we all have realized that there is nothing more important than our health. Because of which, awareness about the overall healthcare of an individual has increased drastically. Whilst all this, the popularity of Medical Tourism, also referred to as Healthcare Tourism, has skyrocketed.
After Covid-19, there was, and still “is”, one more problem that led people to become medical tourists travelling to other countries for treatments as simple as Dental care and as complex as Cardiac surgeries. The problem -
These were or are the core reasons for people opting out of their home country for some other nation for various kinds of medical treatments. As we saw that High prices, Long queues, and Tech-gaps were making people opt-out, but simultaneously, there are some invisible reasons, too, like
Moreover, people also learnt that after becoming a medical tourist, there are various perks that come hand-in-hand while the visitation -
Is Healthcare Tourism Safe?
Having such a concern is very natural because, obviously, you are letting some stranger do something with your health in the name of a cure. To answer that, most of the big players in the Global healthcare Industry, like
Are most preferred, and 80% of all international patients are attracted towards these regions. These countries are very popular for a number of reasons, starting from Affordability, Quality care, Patient Safety, and Holistic Experience
Over here, Patient Safety is analyzed in various ways, but mostly, emphasis on how good, trusted, and experienced the hospitals and medical professionals are is looked for. To determine this, there are plenty of International and National authorities, like Joint Commission International (JCI), AAAASF, ISO, Promed, Canada Accreditation, etc. These are some certifications that are majorly looked for (out of which JCI is the most popular, being an international committee).
How Big Is the Medical Tourism Market?
When we speak of money, we have already mentioned that this market is valued at more than $30 billion, and this figure was recorded in 2023. Experts state that a strong prediction has been made where they expect this market to surpass the value of $162 billion by 2032. This figure was calculated in terms of a Compound Annual Growth Rate (CAGR) of 23%.
Except for all the money talks, the fastest-growing region happens to be the Asia-Pacific, with some big players, like Thailand, India, Singapore, etc. The entire region of Asia Pacific is immensely popular and preferred for its affordability factor and high-quality care in some parts, though mainly, the affordability aspect outperforms others in making this region the most popular.
But the Asia Pacific region being the most visited market, still in terms of revenue, Europe holds the highest revenue share of 36.4% in the Global Medical Tourism sector
About the big players in the Medical Tourism Industry
As we already have gotten a glimpse of what Medical Tourism is and who the big players are in this industry - Now, let us understand what these countries are majorly preferred for.
Every other nation contributing to Global Medical Healthcare is famous for its own particular reason. Having a specific specialty in one sector usually makes the foreign tourists take an elective decision to select any country for visitation.
Like, Medical Tourism in India is extremely popular for its blend of affordability and experienced doctors. Most healthcare tourists prefer visiting India for various medical procedures, like cardiology, fertility, dental care, etc. India is also famous for its holistic experience during recuperation, like beautiful mountain ranges, all three terrain formats (Sand, Snow, and Dense forests), Yoga-meditation hubs, etc.
India wraps surgery in a sari of stories - You fly in for a $4,000 heart valve, stay an extra week to sip cardamom chai in the Himalayan foothills while your post-op yoga teacher corrects your breathing, and the hospital’s ayurveda garden becomes your first real “cardiac rehab.”
Thailand sells a mirror and a beach - You wake up from a $3,000 eyelid procedure, peel off the patches, and the first thing you see is the Phuket sunrise through palm fronds; your surgeon hands you a coconut, not a bill, and the only follow-up is a selfie with the nurse on a long-tail boat.
Turkey offers a magic carpet for hair - You land in Istanbul, surrender a few grafts at sunrise, and by dusk you’re haggling for carpets in the Grand Bazaar with a brand-new hairline and a head that feels ten years younger - total cost: less than one month of rent back home.
Mexico feels like a weekend at a cousin’s house - You pop across the Tijuana border for a root canal, the dentist plays your favorite 90s playlist, and you’re back in San Diego before sunset with a lighter wallet but a heavier smile, and the only souvenir is the taco stain on your follow-up appointment card.
The UAE turns healing into a five-star plot - You check into a marble lobby for a robotic hip, a butler wheel in your post-op latte, and while you recover, you watch the Dubai Fountain dance to your heartbeat - luxury that happens to come with a new joint, not the other way around.
Who are the leading Medical Tourism Facilitators to reach out to?
Well, when we speak of the leading Medical Tourism Facilitators, we shall mention ourselves - The JYN Group. We have been leading this industry for more than two decades with numerous mutual partnerships with hospitals in hand. Adding more to it, our well-experienced partnerships with hospitals and medical professionals have facilitated numerous clients or patients throughout our journey. We believe only in spreading smiles all across with our motive to satisfy our patients by providing affordability and accessibility, no matter wherever the patient resides.
Except for ourselves, we have a lot of healthy competition throughout the globe, like
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