Medical tourism not only benefits the foreign patients but also locals using the Thai hospitals and healthcare system. Besides revenues and employment benefits, the providing country will be able to increase access to certain treatments for local communities through improved medical facilities and healthcare services.
What is a benefit of providing medical tourism industry?
Consequently, medical tourism generates huge revenues to the global economy. Trade in the health sector would provide developing countries with a competitive opportunity, due to the abundance of low-cost labour and the availability of capital and skills in medicine.
Why do people go to Thailand for medical tourism?
The main reasons that have enabled Thailand to dominate this growing market are: The low cost of medical treatment, The quality of treatment provided by private medical centers, And the highly developed tourism industry.
Is Thailand good for medical treatment?
Thailand adopted a “Thailand: Centre of Excellent Health Care of Asia” policy in 2003, renewed in 2012, and is now one of the most popular destinations for medical tourists. Together with Singapore and India the country now accounts for an estimated 90% of medical tourism in Southeast Asia .
What is Thailand’s medical tourism?
History of Thailand Medical Tourism
Medical tourism has often been portrayed as involving patients from high-income countries travelling to access cheaper and better care in low- and middle-income countries.
Why Thailand is medical hub?
The number of medical tourists coming to Thailand has been increasing for several reasons, including having reasonable costs for medical treatments and other high quality healthcare services, a world famous and highly developed tourism infrastructure, and a global reputation for providing attentive and world-class …
How is medical care in Thailand?
An Overview of Healthcare in Thailand
Most Thais receive health coverage through that universal coverage scheme. … Plus private insurance coverage is often accepted by Thailand’s top-tier private hospitals. These facilities provide such excellent care that medical tourists from all over the world visit for treatments.
Is Bangkok Open for medical tourism?
After nearly two years of closure, Thailand is finally ready to welcome medical tourists again. As of 1 November 2021, fully vaccinated foreign visitors from low-risk countries can now enter the country by air with no quarantine requirements.
How many medical tourists visit Thailand each year?
More than a million foreigners travel to Thailand every year to get medical and surgical procedures done. Thailand, supersedes its Asian neighbors Singapore and India, accounting for close to 90% of Asia’s medical tourism market and is growing at a yearly rate of 16% annually.
Are hospitals in Thailand safe?
Despite being a developing country, Thailand is considered relatively safe, hygienic and visitors have few threats to worry about. Thailand’s hospitals and healthcare is extremely professional and good, offering suitable relief if you might fall ill here. …
What is meant by medical tourism?
Medical tourism can be defined as the process of traveling outside the country of residence for the purpose of receiving medical care. … Originally, the term referred to the travel of patients from less-developed countries to developed nations in pursuit of the treatments not available in their homeland.
How much is medical care in Thailand?
An annual checkup or regular visit at a private hospital might cost around 3,000 baht or $95. If you stay overnight, you’ll pay at least 10,000 baht or $317 a day, and if you need treatment in the ICU, you could pay up to 100,000 baht or $3,127 a day.
What is Singapore medical tourism?
Medical Tourism overview
International patients visit Singapore each year for a whole range of medical care from health screenings to high-end surgical procedures in specialties such as cardiology, neurology, oncology, ophthalmology, organ transplants, orthopaedics, and paediatrics.
Is Thailand good for plastic surgery?
Thailand is known for offering a range of procedures and surgeries performed by doctors that have received their training in Western nations. Many doctors also speak English well, in addition to providing high quality care. The country has become known as a destination for affordable cosmetic surgeries.