Present and Future of Health Tourism

Globally, medical tourism spending has reached $ 60 billion and it is expected that in three years that figure should reach $ 100 billion.

Tuesday, December 7, 2010

In Central America, Panama is just beginning to participate with less than 1% of that market, where Costa Rica is one of the largest players at 16%.

Estimates by the secretary general of the National Department for Science, Technology and Innovation of Panama, Ruben Berrios, says Panama should be able to grow as a destination for medical tourism within 5 years and reach 12% of the global market.

Four medical centers, Hospital Punta Pacifica (HPP), Hospital Clinic San Fernando, Paitilla Medical Center and Hospital Nacional , have created an alliance to support, under the auspices of the Tourism Authority of Panama (ATP), to promote the country as a service provider to "medical tourists".

More on this topic

How to Export Medical Tourism Services to US

February 2017

A study by PROCOMER has identified potential business models in the US market through different access channels, ranging from "one to one" to the creation of partnerships with the public sector.

From the report entitled "Exporting health services to US" by PROCOMER in Costa Rica:

Costa Rica Declares Medical Tourism of National Interest

March 2009

About 100,000 tourists visit the country annually for medical purposes, paying between $4,000 and $6,000 per procedure.

The measure enacted by the executive branch will mean that the Tourism and Foreign Trade Ministries will work on bringing more investment and patients to the country, and that the Health Ministry will promote international accreditation of the medical facilities and ensure service quality.

World top 5 medical tourism destinations

April 2008

Medical tourism destinations have emerged all over the globe. The industry anticipates a great deal of growth in the coming years, from a 2004 estimate of $40 billion to $100 billion by 2012, according to statistics produced by McKinsey & Company and the Confederation of India.

Experts believe that medical tourism will have a positive impact on the economies of destination countries and benefit skilled and unskilled trades alike. The medical tourism phenomenon may also bode well for foreign investors who hold an interest in those countries.

Top 5 Medical Tourism Destinations

April 2008

Medical tourism destinations have emerged all over the globe, from Thailand to South Africa, and even European countries such as Hungary. The industry anticipates a great deal of growth in the coming years, from a 2004 estimate of $40 billion to $100 billion by 2012, according to statistics produced by McKinsey & Company and the Confederation of India.

Experts believe that medical tourism will have a positive impact on the economies of destination countries and benefit skilled and unskilled trades alike. The medical tourism phenomenon may also bode well for foreign investors who hold an interest in those countries.

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