The Medical Tourism sector worldwide is growing exponentially and set to become a $100bn sector by 2012, according to industry research. The sector is growing at a whopping 20-30% annually and is bound to continue its growth pattern in the years to come.
According to Frost & Sullivan, the medical tourism industry is currently a $78.5bn industry [end-2010], catering to over three million patients who travel around the globe for medical care. The Middle East is one of the latent source markets of patients and it is estimated that 20% of healthcare seekers worldwide are from Gulf and Arab states. Significantly, patients from UAE alone spend about $2bn in healthcare travel on an annual basis. As a result, many countries are targeting the region to woo guests and patients to their own medical tourism destinations. Germany, in particular, and Europe, in general, have been a primary medical tourism hubs for hundreds of years and continue to lead the industry today followed by Asian countries such as Thailand, India and Malaysia. Boasting of an excellent healthcare system, high quality, safe and quick treatment.
Germany is considered to be a top destination for patients from all over the world, and particularly from the Middle East, UK and the US. Germany is also an attractive destination for patients from the region, in terms of distance, costs and tourism attractions - thus reinforcing it as a premier medical tourism hub in Europe.
Source: ehotelior.com
According to Frost & Sullivan, the medical tourism industry is currently a $78.5bn industry [end-2010], catering to over three million patients who travel around the globe for medical care. The Middle East is one of the latent source markets of patients and it is estimated that 20% of healthcare seekers worldwide are from Gulf and Arab states. Significantly, patients from UAE alone spend about $2bn in healthcare travel on an annual basis. As a result, many countries are targeting the region to woo guests and patients to their own medical tourism destinations. Germany, in particular, and Europe, in general, have been a primary medical tourism hubs for hundreds of years and continue to lead the industry today followed by Asian countries such as Thailand, India and Malaysia. Boasting of an excellent healthcare system, high quality, safe and quick treatment.
Germany is considered to be a top destination for patients from all over the world, and particularly from the Middle East, UK and the US. Germany is also an attractive destination for patients from the region, in terms of distance, costs and tourism attractions - thus reinforcing it as a premier medical tourism hub in Europe.
Source: ehotelior.com
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