By 2022, South Korea expects to host 998,000 medical tourists. The UK has recently announced the need for improved quality standards for cross border care. (April 18, 2019). Figure 7–46: UAE – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 South Korea’s healthcare systems are among the best in Asia. Key industry news and medical procedures cost comparison are analyzed with details. Get the latest and most up-to-date tourism statistics for all the countries and regions around the world. 10) Uzbekistan 4.2 Inhibitors, 5. The Republic of Korea is a country of limitless potential with progressive hospitals of the future, supercomputers for treatment… Figure 7–2: United States – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 7.3.1 Japan – Medical Tourists Arrival Figure 2–4: South Korea – Forecast for Overall Medical Tourism Revenue (Million US$), 2017 – 2022 7.1.2 United States – Medical Tourists Revenue 6.2 Year 2016 Figure 7–17: Mongolia – Medical Tourists Arrival to South Korea(Number),2009 – 2016 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. Therefore we do not undertake responsibility of medical information or medical services provided by medical facilities. Figure 7–47: UAE – Medical Tourists Revenue to South Korea(Number),2009 – 2016 As a Premium user you get access to the detailed source references and background information about this statistic. A paid subscription is required for full access. Get the latest trends and understand the impact of the crisis on the market. Figure 7–37: Uzbekistan – Medical Tourists Arrival to South Korea(Number),2009 – 2016 7.12 United Arab Emirates(UAE) – Medical Tourists Arrival, Revenue & Forecast Korean Medical Tourism Statistics. Figure 7–5: China – Medical Tourists Arrival to South Korea(Number),2009 – 2016 Download Historical Data Save as Image 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%. 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. Figure 7–16: Russia – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 Update, Insights into the world's most important technology markets, Advertising & Media Outlook Register in seconds and access exclusive features. Figure 7–13: Russia – Medical Tourists Arrival to South Korea(Number),2009 – 2016 Several factors come into play when a country is contemplating engaging in medical tourism as part of its strategy for economic growth. As a Premium user you get access to background information and details about the release of this statistic. 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. (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. Figure 7–25: Philippines – Medical Tourists Arrival to South Korea(Number),2009 – 2016 Most non-Korean tourists come from other parts of East Asia such as Japan, China, Taiwan, and Hong Kong. Figure 7–18: Mongolia – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 From 2010 to 2013, there has been a steady growth rate of 30%, and as of 2014, the trend seems ever-consistent. Figure 7–45: UAE – Medical Tourists Arrival to South Korea(Number),2009 – 2016 This report also entails a detailed description of growth drivers and inhibitors of the South Korea Medical Tourism Market. . We use cookies to ensure that we give you the best experience on our website. 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. 2.1 South Korea – Overall Medical Tourists Arrival Figure 7–35: Saudi Arabia – Medical Tourists Revenue to South Korea(Number),2009 – 2016 Figure 7–9: Japan – Medical Tourists Arrival to South Korea(Number),2009 – 2016 Published Date: February 16, 2017 | Content info: 90 pages | Region: South Korea | Published By: DPI Research. 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. 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. Furthermore, sincerity and competence positively influenced consumers' willingness to travel to South Korea for medical care. Figure 7–28: Philippines – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 Market outlook in value terms for the forecasted period for South Korea Medical Tourism Market has been detailed in the report. If you continue to use this site we will assume that you are happy with it. You need a Single Account for unlimited access. 7.6 Vietnam – Medical Tourists Arrival, Revenue & Forecast Medical Tourism Statistics. Key Drivers and Inhibitors of the South Korea Medical Tourism Market China is likely to maintain dominance in South Korea Medical Tourism revenue share by the year-end of 2022. 7.5 Mongolia – Medical Tourists Arrival, Revenue & Forecast By Country – South Korea Medical Tourism Market Share & Forecast (2009 – 2022), 4. Korea Tourism Organization. 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. Figure 7–41: Indonesia – Medical Tourists Arrival to South Korea(Number),2009 – 2016 You can only download this statistic as a Premium user. South Korea has now entered the top ten countries in the world in terms of tourist volume. Figure 7–23: Vietnam – Medical Tourists Revenue to South Korea(Number),2009 – 2016 and over 1 Mio. 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. 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 6.1 Year 2017 Data on inbound, domestic and outbound tourism is available, as well as on tourism industries, employment and complementary indicators. South Korea tourism statistics for 2015 was 18,711,000,000.00 , a 16.43% decline from 2014. Are you interested in testing our corporate solutions? 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). The country’s general health office is called the Ministry of Health and Welfare. . COPYRIGHT(C) STATISTICS KOREA. The ideal entry-level account for individual users. 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. 7.2.2 China – Medical Tourists Revenue KHIDI. Figure 7–24: Vietnam – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 Figure 7–27: Philippines – Medical Tourists Revenue to South Korea(Number),2009 – 2016 Tourism Statistics. 7.1 United States – Medical Tourists Arrival, Revenue & Forecast 7.3 Japan – Medical Tourists Arrival, Revenue & Forecast Korea Health Industry Development Institute According to the Medical Tourism Association, about 14 million people in the world travel to other countries in search of medical care annually. The global medical tourism market is expected to grow with a CAGR of 8.5% during the forecast period. 7.5.2 Mongolia – Medical Tourists Revenue 7.11.1 Indonesia – Medical Tourists Arrival Industry News from South Korea Medical Tourism Compared to procedures done in the US, patients can save between 30 and 85% if they have the treatment in South Korea. 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. Figure 7–42: Indonesia – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 7.2 China – Medical Tourists Arrival, Revenue & Forecast "Distribution of Foreign Patients Traveling to South Korea for Medical Treatment in 2018, by Country of Origin. Table 3–2: By Country – Forecast for South Korea Medical Tourism Market Share(Percent),2017 – 2022 Figure 7–30: Kazakhstan – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 We introduce hospitals and medical facilities to patients but not offer medical services. 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. Other countries such as Japan, Russia, Kazakhstan, and UAE emerge as the largest revenue generators in the South Korea Medical Tourism Market. By 2022, South Korea expects to host 998,000 medical tourists. According to USA Today, the Korea Tourism Organization (KTO) reports the country is expecting more than 150,000 medical tourists in 2012. Medical Procedures – Cost Comparison Analysis, 6. DPI Research Offering Flat 30% off on All Research Reports on Year End. 7.10.2 Uzbekistan – Medical Tourists Revenue Figure 7–1: United States – Medical Tourists Arrival to South Korea(Number),2009 – 2016 South Korea Medical Tourism Market – Countrywise Analysis Figure 7–26: Philippines – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 Your email address will not be published. Figure 7–3: United States – Medical Tourists Revenue to South Korea(Number),2009 – 2016 Copyright © [2016-2020] [DPI Research] | Powered by [DPI Research], “South Korea Medical Tourism Market Insights, Opportunity, Analysis, Market Shares & Forecast 2017 – 2022”, South Korea Medical Tourism Market Environment & Trend (2009 – 2022), South Korea Medical Tourism Market Share & Forecast (2009 – 2022), South Korea Medical Tourism Market – Country-wise Analysis, Medical Procedures – Cost Comparison Analysis, Industry News from South Korea Medical Tourism, Key Drivers and Inhibitors of the South Korea Medical Tourism Market, South Korea Medical Tourism Market Insights, Opportunity, Analysis, Market Shares & Forecast 2017 – 2022. ", 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. 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