Medical Departures

Medical Departures

By Paul McTaggartMedicineHealth & Fitness
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Medical Departures episodes

  • Korean medical tourism down - 80% in 2021
    • Korean medical tourism was down -80% in 2021 according to  Korea Health Industry Development Institute (KHIDI)
    • Popular medical tourism areas like Gangnam continue to be ravaged by the impacts of Covid-19…clinics are closed or operating on skeleton crews.
    • Korean medical tourism relies heavily on inbound Chinese, Russian, Vietnam, Japanese and Thai patients..who just won’t be coming until late 2022, early 2023
    • According to IMTJ Magazine

      • *disclaimer* this is not medical advice - this is meant for information purposes only and is not intended to be medical advice or instructions for medical diagnosis or treatment. Please consult with your doctor or a qualified medical professional before starting or changing medical treatment.

      1 min
    • Medical tourism is looking up in 2022

        According to the Bangkok Post & Fitch Solutions

      Tourist numbers in 2022 are expected to rebound significantly following two years of disruption as a result of the pandemic

      emerging markets such as Thailand, Malaysia, South Africa, Brazil and India, arrival numbers will still be depressed compared to 2019 levels.

      Mexico and Turkey will see the greatest recoveries, with forecast arrivals for 2022 comparable to pre-pandemic 2019 levels.

      Medical tourism in 2022 is going to be a hell-of-alot better than 2021



      1 min
    • The US spends $12,530 per person for medical treatment in 2020 up 9.7%
      • US healthcare spending grows 9.7% to $4.1 trillion, or $12,530 per person, in 2020
      • Health Affairs reports spending The share of the economy devoted to healthcare spending was 19.7 percent in 2020
      • Growth rate in 2020 was the largest jump recorded since 2002
      • "Federal spending increased rapidly in 2020 as the government increased public health spending to combat the pandemic and provided significant assistance to health care providers."

        • *disclaimer* this is not medical advice - this is meant for information purposes only and is not intended to be medical advice or instructions for medical diagnosis or treatment. Please consult with your doctor or a qualified medical professional before starting or changing medical treatment.

        1 min
      • CostaMed is the top medical group in Yucatan peninsula in Mexico
        • CostaMed has 6X locations -
        • Cozumel - https://www.medicaldepartures.com/clinic/costamed-playa-del-carmen
        • Cozumel - https://www.medicaldepartures.com/clinic/costamed-cozumel
        • Tulum - https://www.medicaldepartures.com/clinic/costamed-tulum
        • Mahahual - https://www.medicaldepartures.com/clinic/costamed-mahahual
        • Puerto Morelos - https://www.medicaldepartures.com/clinic/costamed-puerto-morelos
        • Cancun - https://www.medicaldepartures.com/clinic/costamed-cancun

          • *disclaimer* this is not medical advice - this is meant for information purposes only and is not intended to be medical advice or instructions for medical diagnosis or treatment. Please consult with your doctor or a qualified medical professional before starting or changing medical treatment.

          1 min
        • Thailand announces new 1 year medical tourism visa

          Thailand announces new 1 year medical tourism visa

          • The cabinet yesterday approved in principle a medical treatment visa scheme to attract wealthier foreign tourists under the government's medical hub policy - Bangkok Post
          • multiple entry visa under the Non-MT category will be valid for one year and is non-renewable, and the visa holder can be accompanied by up to three people.
          • Approved procedures = anti-ageing, coronary artery disease, cancer, dental care, and cosmetic surgery.
          • Tourists applying for this visa must have health conditions Thailand is able to treat and require more than 90 days of medical treatment
          • Applicants must have at least 800,000 baht to cover their expenses in Thailand
          • must make an appointment with hospitals at least 30 days in advance
          • They will also need accident and Covid-19 insurance policies with a minimum coverage of US$100,000 (3 million baht)
          • medical treatment visa scheme promoted by the Thailand Association of Tourism is intended to attract foreign tourists who can afford to pay for medical treatment in Thailand for a long period to boost much needed medical & tourism revenue during Covid-19 recovery
            • 1 min
          • Phuket medical tourism...what you need to know in under 60 seconds

            Phuket medical tourism...what you need to know in under 60 seconds

            • What is the deal with medical tourism in Phuket, Thailand?
            • Best way to get around = Grab Taxi or rent motorcycle
            • Top 3 medical tourism destinations in Phuket -
            • Bangkok Hospital - Phuket
            • Phuket Plastic Surgery Institute
            • Apex Medical Center (Phuket)
            • *disclaimer* this is not medical advice - this is meant for information purposes only and is not intended to be medical advice or instructions for medical diagnosis or treatment. Please consult with your doctor or a qualified medical professional before starting or changing medical treatment.
              • 1 min
            • Bangkok medical tourism...what you need to know in under 60 seconds?

              Bangkok medical tourism...what you need to know in under 60 seconds?

              • What is the deal with medical tourism in Bangkok, Thailand?
              • Major medical tourism districts in Bangkok = Sukhumvit, Silom,
              • Best way to get around = BTS (light rail) and Grab Taxi
              • Top medical tourism destinations -
              • Bumrungrad International Hospital
              • Bangkok Hospital (Bangkok)
              • Yanhee Hospital
              • Samitivej Sukhumvit Hospital
              • BNH Hospital
              • Meko Clinic Bangkok
              • MedConsult International Clinic

                • *disclaimer* this is not medical advice - this is meant for information purposes only and is not intended to be medical advice or instructions for medical diagnosis or treatment. Please consult with your doctor or a qualified medical professional before starting or changing medical treatment.


                1 min
              • Medical Tourism will rise like the Phoenix in 2022!

                Medical Tourism will rise like the Phoenix in 2022!

                • IMTJ just reported on the changing medical tourism landscape post Covid-19
                • Korea Health Industry Development Institute (KHIDI) reported a -76% fall in international patients to Korea with numbers falling to levels not seen since 2010
                • Bangkok Dustit Medical Services is down -27% for international patient revenues
                • Malaysia’s revenue stream from international patients dropped 53%
                • I believe medical tourism will see brighter days ahead..be like the mythical phoenix rising from the ashes
                • Here’s why: 1) people love to travel 2) wait lists are increasing as hospitals are closed to elective surgeries to make way for Covid cases 3) healthcare inflation is skyrocketing around the world..making global healthcare a better value
                • *disclaimer* this is not medical advice - this is meant for information purposes only and is not intended to be medical advice or instructions for medical diagnosis or treatment. Please consult with your doctor or a qualified medical professional before starting or changing medical treatment.
                  • 1 min
                • Medical Tourism Market Size to Hit US$ 286.1 Billion by 2030

                  Medical Tourism Market Size to Hit US$ 286.1 Billion by 2030

                  • Precedence Research, the global medical tourism market size is projected to hit around USD 286.1 billion by 2030
                  • expanding growth at a CAGR 10.8% from 2021 to 2030.
                  • Fastest Growing Market = Europe
                  • Largest Market = Asia
                  • countries such as Thailand, Singapore, India are the major destinations for the medical tourists owing to the availability of advanced medical technologies at affordable prices
                  • the cancer segment dominated the global medical tourism market.
                  • *disclaimer* this is not medical advice - this is meant for information purposes only and is not intended to be medical advice or instructions for medical diagnosis or treatment. Please consult with your doctor or a qualified medical professional before starting or changing medical treatment.
                    • 1 min
                  • 5.8M Brits are waiting for medical care...why?

                    5.8M Brits are waiting for medical care...why?

                    • The Financial Times reports that NHS England hospital waiting list jumps by 100,000 in a month
                    • Let’s unpack the stats -
                    • More than 5.8m people waiting for care in September
                    • 4.35m patients had been waiting for planned surgery a year ago.
                    • 12,500 waiting more than 2 years for treatment (primarily knee & hip joint replacement)
                    • I am Canadian and surgical wait time is common
                    • From referral by a general practitioner to consultation with a specialist. The waiting time in this segment 10.5 weeks in 2020.
                    • the total number of procedures for which people are waiting in 2020 is 1,224,198. This means that, assuming that each person waits for only one procedure, 3.2% of Canadians are waiting for treatment in 2020.
                    • Median wait time in Canada = 22.6 weeks
                    • I love that you don’t go bankrupt in Canada or the UK for your medical bills (like in the United States) but everyone knows someone who is on the waiting list a) suffering from excessive wait times b) has ‘had a medical emergency’ to jump the queues or 3) died on the wait list
                    • *disclaimer* this is not medical advice - this is meant for information purposes only and is not intended to be medical advice or instructions for medical diagnosis or treatment. Please consult with your doctor or a qualified medical professional before starting or changing medical treatment.
                      • 1 min

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