Medical Tourism Continues to Be a Growing IndustryMedical Tourism is not just a relatively other invention in terms of international healthcare, seeking to affix patients subsequently doctors and medical facilities in other countries, but is next turning into a growing industry for countries in which the cost of providing medical care is greatly condensed in comparison to nations such as the US, UK and supplementary European countries in the course of others. Many countries, especially in Asia and the middle East are attempting to spur on the money up front of their own medical tourism industries.
Countries such as India, Thailand, Hospitals in Dubai Singapore, Costa Rica and South Korea that have more traditional services catering to medical tourists, have demonstrated to many supplementary countries that medical tourism is not just a viable industry, but a profitable one too. This has seen many new countries in thesame regions and circumstances try to manufacture their own medical tourism publicize segments.
Malaysia has been categorically wealthy in nurturing the bump of healthcare services providing services to foreigners in recent years. later than many staff at hospitals having been trained in the US and the UK, their success to find the money for mood healthcare and English language capabilities have helped them bring in many healthcare tourists. This has helped go to the industry 30 percent higher than the last three years, from approximately US$120.3 million in 2010 to nearly US$162.3 million in 2012.
Similarly, the health tourism industry in Dubai has been growing at a healthy clip. Dubai has been focused on developing their healthcare capabilities for a number of years. In 2002, the country announced the Dubai Healthcare City initiative as a mannerism to total the healthcare facilities of the country by building services and a bureaucratic system that would attract leading foreign investment and talent to create hospitals, clinics, and laboratories that would tally the divulge of healthcare and spur evolve of the health tourism industry in the Emirate.
With the first phase of the Dubai Healthcare City having been completed in 2005, Dubai has continued to construct and entice additional healthcare providers to understand share in the Dubai Healthcare City project to where it now has more than 2,500 professionals working throughout the project's 2 hospitals and more than 90 outpatient clinics and laboratories. The Dubai Healthcare City had vis--vis 502,000 patients in 2011, 15 percent of which were foreign health tourists. The Dubai Healthcare Authority says this will put them on track to earn AED 6.1 billion (US$ 1.6 billion) in revenues from health tourism by the stop of 2012.
Meanwhile, the Philippines have recently ascribed the construction of a hospital rarefied in Quezon City to boost the medical tourism industry. The Philippines' Board of Investments gave their praise to the 1.2 billion peso (US$ 27.6 million) project which will look the construction of a 500-bed hospital, which it is hoped will back the country achieve their point toward of US$ 3 billion in revenue by 2015.
However, while medical tourism has behind a long way to alleviating the costs of treatment for some patients and developing a other industry, there are utterly some concerns that have arisen. There are some more general concerns dynamic in compressing both medical treatment and recovery become old into a few days or weeks, as with ease as questions of how robust the local medical malpractice laws are in stroke of negligence. There are also increasing worries more than picking in the works infectious diseases in some countries where medical tourism is a affluent industry.
Take NDM-1, or other Delhi metallo-beta-lactamase-1, which is a gene in bacteria that has transformed in the same way as common bacteria into multi-drug resistant bugs that are even immune to many anti-biotic drugs that are typically used as a last resort. Singapore found six NDM-1 cases in 2010, the first of which was a Singapore resident who had recently traveled to India for medical treatment, though the second long-suffering was visiting Singapore from Bangladesh for treatment. new cases in the joined States, Britain, Europe, Hong Kong and Australia have as a consequence been observed.
So even though medical tourism has been a boon to many a developing nation's economy and to individuals looking to keep allowance upon expensive medical care, there are categorically true concerns that dependence to be weighed and addressed, both by prospective patients and leaders managing health tourism programs in their respective countries.