6.1 Year 2017 We introduce hospitals and medical facilities to patients but not offer medical services. Figure 7–15: Russia – Medical Tourists Revenue to South Korea(Number),2009 – 2016 7.7 Philippines – Medical Tourists Arrival, Revenue & Forecast South Korea Medical Tourism. The global medical tourism market is expected to grow with a CAGR of 8.5% during the forecast period. Therefore we do not undertake responsibility of medical information or medical services provided by medical facilities. and over 1 Mio. Figure 7–4: United States – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 KHIDI. 4.2 Inhibitors, 5. According to the International Society of Aesthetic Plastic Surgeons, the UN, and the Economist, during 2011 South Korean was ranked first as having most cosmetic procedures performed invasively and non-invasively. The Korea International Medical Association has been formed to encourage medical tourism. Access new updated reports and statistics for the Tourism Industry in South Korea. Your request is being processed. April 18, 2019. This report analyzes market data and provides a better understanding of medical tourists flow and revenue to South Korea. Compared to procedures done in the US, patients can save between 30 and 85% if they have the treatment in South Korea. By Country – South Korea Medical Tourism Market Share & Forecast (2009 – 2022), 4. 12) United Arab Emirates, Multi User Price, Enterprise Price, Single User Price, 2. Figure 7–29: Kazakhstan – Medical Tourists Arrival to South Korea(Number),2009 – 2016 South Korea tourism statistics for 2015 was 18,711,000,000.00 , a 16.43% decline from 2014. The Republic of Korea is a country of limitless potential with progressive hospitals of the future, supercomputers for treatment, innovative procedures. 7.5.2 Mongolia – Medical Tourists Revenue If you continue to use this site we will assume that you are happy with it. By 2022, South Korea expects to host 998,000 medical tourists. 7.3 Japan – Medical Tourists Arrival, Revenue & Forecast 7.6.2 Vietnam – Medical Tourists Revenue Figure 7–48: UAE – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022, Your email address will not be published. Figure 7–46: UAE – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 One reason is that Korea … 7.11 Indonesia – Medical Tourists Arrival, Revenue & Forecast In 2012, 11.1 million foreign tourists visited South Korea, making it the 20th most visited country in the world, and the 6th most visited in Asia. China is likely to maintain dominance in South Korea Medical Tourism revenue share by the year-end of 2022. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from, Health expenditure as a percentage of GDP in select countries 2018, Per capita health expenditure in selected countries 2018, Foreign plastic surgery patient number South Korea 2009-2018, Total death rate of South Korea 2000-2018. Figure 7–43: Indonesia – Medical Tourists Revenue to South Korea(Number),2009 – 2016 South Korea tourism statistics for 2016 was 20,924,000,000.00, a 11.83% increase from 2015. The research report titled “South Korea Medical Tourism Market Insights, Opportunity, Analysis, Market Shares & Forecast 2017 – 2022” provides detailed information on the South Korea Medical Tourism Market. Figure 7–33: Saudi Arabia – Medical Tourists Arrival to South Korea(Number),2009 – 2016 Figure 7–11: Japan – Medical Tourists Revenue to South Korea(Number),2009 – 2016 Figure 7–3: United States – Medical Tourists Revenue to South Korea(Number),2009 – 2016 A relative newcomer to the medical tourism industry, South Korea has established a well-earned reputation for reliable service at competitive prices. New, Figures and insights about the advertising and media world, Industry Outlook Statista. Market outlook in value terms for the forecasted period for South Korea Medical Tourism Market has been detailed in the report. 10, Segye-ro, Wonju-si, Gangwon-do, Republic of Korea 26464. Factors propelling market growth comprise inadequate insurance benefits and no healthcare insurance … Update, Insights into the world's most important technology markets, Advertising & Media Outlook Figure 7–12: Japan – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 Industry News from South Korea Medical Tourism New, Everything you need to know about the industry development, Find studies from all around the internet. 7.10 Uzbekistan – Medical Tourists Arrival, Revenue & Forecast 2.2 South Korea – Overall Medical Tourists Revenue, 3. Tourism in South Korea refers to the tourist industry in the Republic of Korea. Published Date: February 16, 2017 | Content info: 90 pages | Region: South Korea | Published By: DPI Research. 3) Japan Official languages: Korean. Most non-Korean tourists come from other parts of East Asia such as Japan, China, Taiwan, and Hong Kong. Some countries that offer cheap medical cover also risk the patients’ lives. And now, South Korea is becoming a popular medical tourism destination as well. 4.1 Market Drivers Chinese medical tourists play a significant role in contributing revenue to the South Korea economy. Figure 7–41: Indonesia – Medical Tourists Arrival to South Korea(Number),2009 – 2016 As soon as this statistic is updated, you will immediately be notified via e-mail. Figure 7–36: Saudi Arabia – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 A paid subscription is required for full access. Figure 7–7: China – Medical Tourists Revenue to South Korea(Number),2009 – 2016 7.10.1 Uzbekistan – Medical Tourists Arrival Then you can access your favorite statistics via the star in the header. Accessed December 22, 2020. https://www.statista.com/statistics/802847/south-korea-medical-tourists-country-of-origin/, KHIDI. 7.1.2 United States – Medical Tourists Revenue 7.2.2 China – Medical Tourists Revenue COPYRIGHT(C) STATISTICS KOREA. Korean Medical Tourism Statistics. Learn more about how Statista can support your business. Blood Sugar Lancets Market Outloook 2020-2027 With Key Players Like Sanofi, Roche, Omron, Life Scan, Inc, Abbott Diabetes Care, Nova Diabetes Care, Inc, Other Companies, https://www.youtube.com/watch?v=tXoXAJFsm4s. 11) Indonesia Figure 7–18: Mongolia – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 According to the Medical Tourism Association, about 14 million people in the world travel to other countries in search of medical care annually. This report analyzes market data and provides a better understanding of medical tourists flow and revenue to South Korea. South Korea Medical Tourism #medicaltourism #entrepreneur, #director, #ceo, #speaker, #markettrends, #travel, #outbound, #tourism, #travelers, #forecast, #market, #southkorea, Coronavirus : Covid-19 Vaccines | Vaccinations | Roll-out Plans | Side Effects | Distribution, U.S. Key industry news and medical procedures cost comparison are analyzed with details. Several factors come into play when a country is contemplating engaging in medical tourism as part of its strategy for economic growth. 8) Kazakhstan Download Historical Data Save as Image 7.11.1 Indonesia – Medical Tourists Arrival DPI Research Offering Flat 30% off on All Research Reports on Year End. 7.6.1 Vietnam – Medical Tourists Arrival Furthermore, sincerity and competence positively influenced consumers' willingness to travel to South Korea for medical care. The Republic of Korea is a country of limitless potential with progressive hospitals of the future, supercomputers for treatment… Capital: Seoul. 7.12 United Arab Emirates(UAE) – Medical Tourists Arrival, Revenue & Forecast At the last available count in 2016, 390,000 people travelled to Korea as a medical tourist compared to the overall patient volume of 14 million. South Korea's healthcare system features universal insurance, as the medical societies were merged into the National Health Insurance Corporation at the beginning of this century. 7) Philippines Korea Tourism Organization. You only have access to basic statistics. Figure 2–4: South Korea – Forecast for Overall Medical Tourism Revenue (Million US$), 2017 – 2022 Figure 7–1: United States – Medical Tourists Arrival to South Korea(Number),2009 – 2016 7.4.2 Russia – Medical Tourists Revenue We suggest our clients to use the advantages of Korean knowledge and technologies and get the treatment in the best hospitals of South Korea. 7.5.1 Mongolia – Medical Tourists Arrival Tourism plays a growing role in that, with South Korea playing an increasingly influential role in world culture. Figure 7–39: Uzbekistan – Medical Tourists Revenue to South Korea(Number),2009 – 2016 Figure 7–35: Saudi Arabia – Medical Tourists Revenue to South Korea(Number),2009 – 2016 South Korea Medical Tourism Market Environment & Trend (2009 – 2022) Figure 7–27: Philippines – Medical Tourists Revenue to South Korea(Number),2009 – 2016 (See graph on the right) [1] As said by Seoul Touchup, a medical tourism agency, in 2012, the capital Seoul alone had 650 registered websites for plastic surgery clinics. Medical Procedures – Cost Comparison Analysis, 6. (April 18, 2019). Figure 7–22: Vietnam – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 Thanks to its skilled medical practitioners with lots of clinical experience, cutting-edge medical technology, reasonable prices, prompt and efficient diagnostics, and state-of-the-art IT-based medical infrastructure, Korea is becoming a new leader of the global medical You need at least a Single Account to use this feature. 7.9.1 Saudi Arabia – Medical Tourists Arrival According to the latest statistics by Korea Health Industry Development Institute (KHIDI), the number of people traveling to Korea for medical tourism is nearly reaching a whooping 300,000. 7.9.2 Saudi Arabia – Medical Tourists Revenue All statistical tables available are displayed and can be accessed individually. The Korea International Medical Association has produced a guide to the special entry for international patients and has recently added to that with a guide to patients on how to behave in hospital.. This is not to be expected in South Korea. Tourist Arrivals in South Korea decreased to 61585 in October from 65040 in September of 2020. Data on inbound, domestic and outbound tourism is available, as well as on tourism industries, employment and complementary indicators. Figure 7–28: Philippines – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 6) Vietnam Korea, Monthly Statistics of Tourism(1975~1996) Home Tourism Statistics key facts on tourism Korea, Monthly Statistics of Tourism Statistics of Arrivals & Departures by Item 7.11.2 Indonesia – Medical Tourists Revenue China contributed more than 35% share in 2016. Medical Tourism Market Analysis. Please do not hesitate to contact me. The global medical tourism market size was valued at USD 44.8 billion in 2019 and is expected to witness a CAGR of 21.1% over the forecast period. Table 5–1: Cost Comparison Analysis,2016, Figure 2–1: South Korea – Overall Medical Tourists Arrival (Number), 2009 – 2016 South Korea Medical Tourism Market – 12 Countries Covered, 1) United States The UK has recently announced the need for improved quality standards for cross border care. Figure 7–25: Philippines – Medical Tourists Arrival to South Korea(Number),2009 – 2016 Are you interested in testing our corporate solutions? Figure 7–14: Russia – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 7.8.1 Kazakhstan – Medical Tourists Arrival DPI Research is a leading market research publisher that offers bespoke market research reports, custom research and consulting services across multi geographies and industry verticals. The country’s general health office is called the Ministry of Health and Welfare. Please create an employee account to be able to mark statistics as favorites. ", KHIDI, Distribution of foreign patients traveling to South Korea for medical treatment in 2018, by country of origin Statista, https://www.statista.com/statistics/802847/south-korea-medical-tourists-country-of-origin/ (last visited December 22, 2020), Distribution of foreign patients traveling to South Korea for medical treatment in 2018, by country of origin, Estimated global per capita health spending in 2017 and 2050, Countries with the highest life expectancy 2020, Health spending as percent of GDP in South Korea 2000-2018, Pharmaceutical spending as share of GDP South Korea 2008-2018, Total medical expenditure South Korea 2010-2018, Spending on health per capita South Korea 2008-2018, Pharmaceutical spending per capita in South Korea 2000-2018, Number of health care providers South Korea 2000-2018, Number of hospital beds per 1,000 inhabitants South Korea 2000-2018, Number of doctors per 1,000 inhabitants in South Korea 2000-2018, Number of nurses per 1,000 inhabitants in South Korea 2000-2018, Life expectancy at birth South Korea 2008-2018, Five-year survival rate for cancer South Korea 1995-2016, Medical care institution visits per person South Korea 2010-2018, National health insurance total revenue South Korea 2010-2018, National health insurance total expenditure South Korea 2010-2018, National health insurance benefits paid South Korea 2010-2018, National health insurance benefits paid to foreigners 2019, by nationality, Medical tourists in South Korea in 2018, by country of origin, Foreign health checkup patient number South Korea 2013-2018, Foreign dental patients in South Korea 2013-2018, Foreign traditional treatment patient number South Korea 2013-2018, Number of medical tourists from the Middle East that visited South Korea 2013-2015, Foreign ophthalmology patient number South Korea 2013-2018, Number of medical tourism patients at infertility clinics in South Korea 2010-2013, Number of medical tourists from the Middle East in South Korea 2015, by country, Foreign neurosurgery patient number South Korea 2013-2018, Foreign dermatology patient number South Korea 2013-2018, Foreign gynecology patient number South Korea 2013-2018, Foreign orthopedic patient number South Korea 2013-2018, Number of medical tourism patients in South Korea for cancer treatment 2009-2013, Foreign patient distribution in South Korea 2018, by cancer type, Interest in medical tourism related terms in Google search by select country 2014, Number of new patients at oncology practices in the U.S. 2013 by practice size, Chronic conditions in hospital stays among U.S. super-utilizers by payer 2012, Dental registrations in Scotland 2000-2019, Number of mental health care patients in Norway 2019, by health region, Number of patients per GP Practice in England 2007-2019, Patients with heat related illnesses South Korea 2011-2019, Production of steel ingots in China 2008-2018, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, Many foreigners visit Korea for cosmetic surgeries. Figure 7–17: Mongolia – Medical Tourists Arrival to South Korea(Number),2009 – 2016 Your email address will not be published. Domestic tourist volumes in South Korea increased from 31.2 million in 2009 to 33.5 million in 2013, at a CAGR of 1.83%. Figure 7–2: United States – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 Corporate solution including all features. According to USA Today, the Korea Tourism Organization (KTO) reports the country is expecting more than 150,000 medical tourists in 2012. Figure 7–44: Indonesia – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 Availability of additional benefits including better healthcare, latest technologies, innovative medicines, modern devices, better hospitality, and personalized care are some of the drivers of this market. This study also found that personal values, in particular excitement, self-respect, sense of belonging, and being well respected, were significant positive predictors of South Korea's medical tourism destination personality. Then you will be able to mark statistics as favourites and use personal statistics alerts. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook That's an increase from … Figure 7–34: Saudi Arabia – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 . Figure 7–40: Uzbekistan – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 Figure 7–24: Vietnam – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 7.2.1 China – Medical Tourists Arrival From 2010 to 2013, there has been a steady growth rate of 30%, and as of 2014, the trend seems ever-consistent. Currency: South Korean won (₩). Key Drivers and Inhibitors of the South Korea Medical Tourism Market Figure 7–10: Japan – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 The global Medical Tourism market size is undoubtedly important. 7.3.1 Japan – Medical Tourists Arrival Figure 7–20: Mongolia – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 South Korea Medical Tourism Market, By Treatment Type, From 2020 to 2025 (USD Million) Please wait. The research report titled “South Korea Medical Tourism Market Insights, Opportunity, Analysis, Market Shares & Forecast 2017 – 2022” provides detailed information on the South Korea Medical Tourism Market. Figure 7–37: Uzbekistan – Medical Tourists Arrival to South Korea(Number),2009 – 2016 South Korea, also called Republic of Korea, is a beautiful small Asian country with an amazing cultural and geographical diversity.The South Korean culture was extensively influenced by China, which played a huge role in the country’s history and traditions. 7.3.2 Japan – Medical Tourists Revenue Tourist Arrivals in South Korea averaged 664879.46 from 1993 until 2020, reaching an all time high of 1703495 in July of 2016 and a record low of 29415 in April of 2020. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Public and private employees are covered by healthcare insurance, as mandated by the government, and many hospitals continually … Figure 7–31: Kazakhstan – Medical Tourists Revenue to South Korea(Number),2009 – 2016 2.1 South Korea – Overall Medical Tourists Arrival Analysis of medical tourism in India and South Korea 2012 Medical tourism is a fast growing trend in Asia, and both India and South Korea have been among the frontrunners in this industry. Directly accessible data for 170 industries from 50 countries South Korea is a popular destination for medical tourism, only surpassed by the U.S. and Germany, according to a Korean survey of medical tourists in 2017. Figure 7–21: Vietnam – Medical Tourists Arrival to South Korea(Number),2009 – 2016 You can only download this statistic as a Premium user. Figure 7–38: Uzbekistan – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 The latest statistics show that the number of foreign patients increased from 296,889 in 2015 to 378,767 in 2018 and 497,464 in 2019. Besides reduced treatment costs, many hospitals in these destinations have a strong history of achievement and a commitment to quality healthcare. While plastic and skin surgery remains South Korea’s largest medical tourist attraction, internal medicine occupies a respectable and growing 20% share of ROK’s foreign medical procedures. Required fields are marked *, Published Date: January 3, 2018 | Content info: 95 pages | Region: China | Published By: DPI Research, Published Date: August 20, 2018 | Content info: 120 pages | Region: China | Published By: DPI Research, Published Date: February 18, 2016 | Content info: 68 pages | Region: Germany | Published By: DPI Research. Figure 7–42: Indonesia – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 Profit from additional features by authenticating your Admin account. MEDICTEL is a dynamic company incorporated in Korea that offers a variety of services in the sphere of medical tourism. The ideal entry-level account for individual users. South Korea Medical Tourism Market is likely to reach nearly USD 2 Billion by the year-end of 2022 growing at a CAGR of around 15% from 2017 to 2022. As a Premium user you get access to background information and details about the release of this statistic. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Figure 7–23: Vietnam – Medical Tourists Revenue to South Korea(Number),2009 – 2016 Figure 2–2: South Korea – Forecast for Overall Medical Tourists Arrival (Number), 2017 – 2021 7.1.1 United States – Medical Tourists Arrival 2) China By 2022, South Korea expects to host 998,000 medical tourists. Nearly 400,000 medical tourists visited South Korea in 2013 and that number is projected to rise to 1 million by 2020. Figure 7–26: Philippines – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 7.4 Russia – Medical Tourists Arrival, Revenue & Forecast This statistic is not included in your account. You need a Single Account for unlimited access. And the government plans to use these achievements to boost medical tourism. In, KHIDI. We are the medical tourism service provider in-partnerships with prestigious hospitals specialized in the field of Plastic Surgery, … 7.8 Kazakhstan – Medical Tourists Arrival, Revenue & Forecast 7.4.1 Russia – Medical Tourists Arrival Distribution of foreign patients traveling to South Korea for medical treatment in 2018, by country of origin [Graph]. 9) Saudi Arabia Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. Figure 7–47: UAE – Medical Tourists Revenue to South Korea(Number),2009 – 2016 10) Uzbekistan 7.6 Vietnam – Medical Tourists Arrival, Revenue & Forecast Korea is an emerging international hub of medical tourism. "Distribution of Foreign Patients Traveling to South Korea for Medical Treatment in 2018, by Country of Origin. 7.12.1 UAE – Medical Tourists Arrival Figure 2–3: South Korea – Overall Medical Tourism Revenue (Million US$), 2009 – 2016 Seoul Guide Medical is the Korea’s biggest and most reliable government-approved medical tourism located at the heart of South Korea. This feature is limited to our corporate solutions. Figure 7–19: Mongolia – Medical Tourists Revenue to South Korea(Number),2009 – 2016 Medical Tourism Statistics. Figure 7–45: UAE – Medical Tourists Arrival to South Korea(Number),2009 – 2016 Get the latest and most up-to-date tourism statistics for all the countries and regions around the world. Medical Tourism Market. 7.8.2 Kazakhstan – Medical Tourists Revenue 7.12.2 UAE – Medical Tourists Revenue, Table 3–1: By Country – South Korea Medical Tourism Market Share(Percent),2009 – 2016 How South Korea Became a Medical Tourism Powerhouse by Mark Episkopos Medical tourism, or the practice of traveling abroad to receive medical … 7.10.2 Uzbekistan – Medical Tourists Revenue Medical Service Usage Statistics by Region; ... Korean Tourism Statistics; Cultural Heritage Management Status; Library Statistics in Korea; Housing / Land Use. Please authenticate by going to "My account" → "Administration". Other countries such as Japan, Russia, Kazakhstan, and UAE emerge as the largest revenue generators in the South Korea Medical Tourism Market. Get the latest trends and understand the impact of the crisis on the market. This report also entails a detailed description of growth drivers and inhibitors of the South Korea Medical Tourism Market. United States spot at the second position in the revenue share with XX% share. Market growth can be attributed to factors such as technologically advanced treatments and medical procedures, pioneer in plastic/cosmetic surgery and dentistry, excellent medical practitioners & medical facilities, affordable medical costs and strong government support and initiatives. 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