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© 2013 Medical Travel Today

Medical Travel Today is a publication of CPR Strategic Marketing Communications, a public relations firm based near New York City that specializes in healthcare and life sciences, with an international clientele. CPR, its Partners, and clients are at the nexus of where medical travel is today, and where it will be tomorrow.

Publisher
Laura Carabello

Editor
Laura Carabello

Managing Editor
Megan Kennedy

Table of Contents

From the Editor

From the Editor: This week in Medical Travel Today, Laura Carabello

News in Review

Worldhotels Affiliate Properties Round Out Medical Tourism Offerings

Medical Tourism: Latin America is a Prime Destination

Top 5 Countries for Medical Tourism

Should You Travel Abroad for Laser Eye Surgery?

Mexico Dentists Have Medical Tourism Training to Sink Teeth In

Sanusi Laments High Level of Medical Tourism From Nigeria

Poland-A New Player in Medical Tourism Sector

Thailand Targeting Eastern Europe, Central Asia and Middle East

Low Cost Treatments Driving Malaysian Medical Tourism Market

Spotlight

Varsha Lafargue, ONE HealthCare Worldwide

Perspectives

PlacidWay Top Ten Treatments Abroad in 2012
by Pramod Goel, CEO, PlacidWay

Industry News

Comprehensive Guide Launched to Support Health and Wellness Travelers from Mainland China and Region

Aetna and Swiss Life Ink Deal to Expand Global Employee Benefits with Healthcare Offerings

Dental Tourism on the Rise As UK Patients Escape Increased Fees

Increasing Focus on Medical Tourism Improves MRI Market Prospects in Egypt

Mapfre Assistance Offers Travel Assistance to the Clients of the Hungarian Oil Company MOL

First Global Gathering of Hot Springs Proprietors Slated for October 7, 2013, at Global Spa & Wellness Summit in New Delhi   

Hip Replacement Market to Grow as More Young People Face Arthritis

In Need of a New Hip, but Priced Out of the U.S.

Upcoming Events

Africa Medical Executives & Medical Tourism Conference

Global Connected Care Conference and 4th Meditour Expo

International Medical Tourism Conference & Exhibition - China 2013

Indian Medical Tourism Conference 2013

The Wellness Tourism Congress at the Global Spa & Wellness Summit

4th Medical Tourism Saint Petersburg Exhibition

Mexico: Global Summit on Medical Tourism Business

2nd Malaysia International Healthcare Travel Expo 2013

AnfasHetex Health Tourism Fair

India Med Expo 2013-Andra Pradesh Medical Tourism & Health Care Conference

Health Tourism Expo 2013

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Global Health Voyager

THIS WEEK IN MEDICAL TRAVEL TODAY

Volume 7, Issue 15

Dear Colleagues:

Varsha LaFargue, founder and director of the Indian Medical Tourism Conference & Alliance, is steeped in the healthcare industry:  her family of industry professionals has worked together for nearly seven decades to offer a wide range of healthcare services that span from manufacturing to consulting.

Placing significant focus on connecting providers and patients globally, LaFargue's comprehensive business model is unique in the marketplace. 

Please be in touch and let me know how you are breaking new ground in this growing marketplace.

Laura Carabello
Editor and Publisher
Medical Travel Today
lcarabello@cpronline.com
http://twitter.com/medtravtoday
http://twitter.com/CPR_Comm

Global Health Voyager

Log onto Facebook and join the Medical Travel Today Group. Look for recent news, trends, and post discussions in the board. If you would like to see something in Medical Travel Today let us know in the discussion board. If you have a question, post it there!

You can also follow Medical Travel Today on Twitter. For more information log onto www.medicaltraveltoday.com

Spotlight

Varsha Lafargue
ONE HealthCare Worldwide

Varsha Lafargue, ONE HealthCare Worldwide

About Varsha Lafargue

The president and Chairperson at i-Transition and ONE HealthCare Worldwide, Varsha Lafargue is the founding director for both the US-India businesses. Lafargue has 20+ years of experience working in various European, US and Indian markets in a variety of sectors. She has been collaborating with the government and the NGOs in improving education, leisure, and hospitality sectors. She is an active proponent of corporate social responsibility and ethics in work. Lafargue is also a contemporary entrepreneur in high-end retail industry, lifestyle products, infrastructure, healthcare and global expansions.

Medical Travel Today (MTT): Please describe your business model?

Varsha Lafargue (VL): As a business family we have been established since 1946. We are multi-faceted organizations that offer a variety of business portfolios, ranging from manufacturing and distribution of industrial and consumer products. Within this wide portfolio of our businesses, research and education are my forte.

MTT: Can you describe your role in the medical travel industry?

VL: Our aim at ONE HealthCare Worldwide (OHWW) is to bring focus to the primary healthcare providers and recipients. Our goal is to establish the good old-fashioned doctor-patient relationship. This relationship enhances patient care quality by increasing physician's responsibility and betters risk management practice.

As the individual physicians become accountable for their patients, there are then fewer burdens on the entire healthcare system, as effective cost management becomes a reality. We aim to bring education and accountability to every tier of the healthcare system.

MTT: There are multiple opportunities to do that, correct?

VL: Yes. When we say people need to have a responsible healthcare delivery system, we are talking about protecting patient rights and protecting individuals with limited sources of information. So how do we go about ensuring that? We (the U.S. and most advanced countries) have a great legal system in place and it is crucial to protecting patient rights; however, it is contributing to the rising costs of healthcare delivery.

A simple doctor visit for an honest medical opinion soon becomes a more complex and expensive relationship. Complexity adds costs for all; therefore, well-informed parties to any healthcare system are essential.

MTT: Are you going to be targeting patients or individuals domestically (U.S.) or internationally?

VL: Internationally. Everyone needs quality healthcare. It doesn't matter where an individual receives the care, as long as they know what they are getting and where-the right place for them will offer great value healthcare.

MTT: What makes you different than others that are in this space?

VL: We are focused on bringing education to the end consumers and the healthcare providers by setting realistic expectations, backed by a compliance system.

MTT: Are there specific Indian providers that you will be working with?

VL: Everyone is welcome! As long as they meet our goals and standards, we are open and ready to work with all.

MTT: Are there any specific areas of healthcare that you think are more needy than others? Is it in chronic conditions? Orthopedic surgery? What areas are most troublesome?

VL: With an aging population, orthopedics is very popular, as well as chronic conditions, neurology and cardiology, each advancing benefits with new technology. Even basic preventive healthcare and wellness are essential for all.

While the developing countries, like India, are not traditionally focused on aesthetic surgeries, there is a growing desire for cosmetic surgeries and enhanced aesthetics in the country.

Certainly, other areas of healthcare are being looked at more closely -- stem cell therapy, surrogacy and IVF, etc.

MTT: If people wanted to find out about you and the kind of opportunities that you would offer to them in terms of accessing quality care at a more cost-effective cost/pricing structure, how would they find out about you?

VL: We are available through our websites: www.i-Transition.com and www.IMTCA.com.

We provide:

  • Business insights - Research, market intelligence and segmentation, cost effective methods, among others.
  • Education - Improving quality of human capital and patient care, accreditation and training.
  • Alliance opportunities - Our conferences offer an open and unbiased platform for all to meet and benefit through collaboration.
  • Patient care - Expectations and review system through technology integration (this is a work in progress).

MTT: Your clients would typically be the hospitals themselves?

VL: They include independent clinics, hospitals, and government institutions.

MTT: How do you like the health care industry? Where do you think it is going?

VL: Intellectuals are collaborating while attempting to find solutions to the many healthcare problems that have developed over time. We believe global healthcare is heading in a positive direction, as medical tourism and its exponential growth has shown. Healthcare seems to be gaining recognition and gradually moving past the tipping point of escalated cost issues into a more stable value based healthcare system.

MTT: What do you think is the biggest challenge to the industry?

VL: The biggest challenges are lack of patient education and finding measures to cut wasteful expenditures in healthcare.

MTT: Please describe your upcoming event.

VL: The upcoming event will be held in India. We are determining the appropriate time to hold the conference, as it deserves undivided attention.

We would like to hold this event in Ahmedabad, a city in Gujarat, India. We opted for this city because of its location, which is closest to UAE and Africa, and there are several healthcare success stories to showcase.

Some success stories and efficient practices come from a public hospital system that includes hospital services with research capacities. Here patients can walk-in and seek professional care for approximately 70 cents. This fee gives them access to any specialist's service for a period of15 days. These specialist doctors are paid at 600 rupees an hour, which translates to $10/hour and devote 3 hours per week away from their private practice.

MTT: Did you say 70 cents? You can't even buy a pack of chewing gum for 70 cents.

VL: The extraordinary factor is that specialist doctors are enthusiastic about these opportunities to serve at this public hospital because they get recognition for their contributions in research.

They are meeting new types of patients where they are able to practice their knowledge fully since these facilities are research institutions, as well. Since this practice is welcome by the doctors, they get to practice medicine on specialty cases that needs collective efforts in treatment - under one roof and the experience they develop with such collective endeavor is priceless for their own practices.

Another excellent feature that needs to be mentioned is that couples (husbands and wives) are able to get insured for cancer for 2005 rupees, which translates into $35 for life with no age restriction.

If one hospital is successful at creating quality research material, than I think this is the most cost affordable way of doing research-a great value to healthcare.

I believe these are models that people need to be aware of.

Perspectives

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Pramod Goel

PlacidWay Top Ten Treatments Abroad in 2012
by Pramod Goel, CEO, PlacidWay

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About the Company
PlacidWay is a leader in the medical tourism industry, dedicated to offering accurate, up-to-date information and resources regarding medical travel, international medical providers, treatments, procedures and destinations for international travelers. PlacidWay is located in Colorado. For press inquiries about PlacidWay, or to arrange an interview with Pramod Goel, call +1.303.317.3607, or email info@placidway.com.

To learn more about the company, please visit www.placidway.com.

PlacidWay, a U.S.-based, leading medical tourism resource and information provider, has released its study on global medical travel trends for 2012, revealing the top ten treatments in demand. PlacidWay's research and data analysis help medical tourism organizations establish the right infrastructure and ability to adapt to a fast-changing global industry.

PlacidWay's most recent research identified today's most sought-after treatments in the medical tourism field, based on the global demand. These demands vary significantly from region to region. For example, the demand in the Americas is geared towards elective procedures, which are not covered by American insurance systems or Canadian social healthcare systems. The demand in African countries is driven by the unavailability of high quality medical care locally. In the Middle East, the demand is always to seek the best healthcare solutions globally. The demand for unique medical solutions continues to grow globally as healthcare consumers become more aware of global opportunities in healthcare and the availability of specialized procedures.

The results of PlacidWay's research showed that the demand for cosmetic procedures continues to remain strong as an increasing number of men and women seek cosmetic and anti-aging procedures abroad from Latin American to Asian and Eastern European countries. Demand for treating chronic diseases increased significantly as medical travelers became more aware of solutions, such as stem cell.

The top 10 treatments in demand for medical travelers in 2012 were as follows:

Treatment & Procedures

Demand Percentage

Beauty Procedures (cosmetic, anti-aging, etc.)

20%

Stem Cell Therapy & Chronic Diseases

13%

Fertility Treatment

12%

General Surgeries

10%

Dentistry

10%

Obesity/Bariatric / Weight loss Surgeries

7%

Orthopedic & Spinal Surgery

7%

Alternative Medicine

7%

Eye/Lasik Vision Care

5%

Cancer Treatment

5%

Heart Care/Cardiac Surgeries

5%

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"The number of individuals traveling from their country of origin across borders is steadily growing," states Pramod Goel, CEO and founder, PlacidWay. "We see a direct correlation between medical demand and the increase in global awareness of the affordable, yet quality, medical solutions that are available in world-class and internationally accredited facilities. With increased marketing and educational activities, and numerous grass-root success stories, the medical tourism industry is truly entering the mainstream market.”

According to PlacidWay figures, the difference between 2011 and 2012 jumped 30 percent, which Goel sees as “a confidence vote for medical providers in the industry.” Although governments in certain countries have been trying to curtail the medical travel of their citizens to Mexico, Turkey, India, Thailand and other emerging medical tourism destinations, the affordability, availability and accessibility of certain treatments have been the key drivers, and are appealing even to those who have never traveled abroad.

So while cosmetic surgery and dental vacations abroad have been in high demand for years, PlacidWay's recent research shows stem cell therapy and fertility treatments popularity increased in 2012 by at least 20 percent compared to 2011.

"Many people are traveling because they don't have access to specialty treatments and surgical procedures in their home country," says Goel. “Location and socioeconomic status should never prevent any individual from obtaining a treatment or procedure that may save his or her life."

The continued rising cost of healthcare services has prompted tens of thousands of individuals to travel to countries where patients receive quality care, at prices they can afford. While India and Thailand continue to be some of the most popular medical tourism destinations for Africans and Middle Easterners, other countries are making their mark in the medical tourism industry, including Mexico, Turkey, South Korea and South American destinations.


Industry News

Comprehensive Guide Launched to Support Health and Wellness Travelers from Mainland China and Region

Newly updated and translated into Simplified Chinese, Patients Beyond Borders' Taiwan Edition provides information on Taiwan's top healthcare options and specialties along with tips for accessing the highest quality, most affordable medical care.

DSC_0226 (2)Patients Beyond Borders: Taiwan, Second Edition has been updated and translated into Simplified Chinese.

The Taiwan Task Force for Medical Travel (TTFMT) and Patients Beyond Borders jointly announce the publication of Patients Beyond Borders: Taiwan, Second Edition, Simplified Chinese Translation for international distribution.

Supported by government agencies and hospitals in Taiwan, the consumer guidebook, first published in 2009, has been fully updated and translated into Simplified Chinese. The edition offers an in-depth overview of Taiwan's healthcare system, its leading international hospitals, medical specialties and procedures, selected health travel agents, nearby guest accommodations, and area travel information.

Healthcare consumers, particularly those from neighboring China in search of quality and value, will find Taiwan's prices for medical procedures to be competitive with other leading international healthcare destinations such as Thailand, South Korea, and Singapore. Taiwan currently offers 14 facilities with clinical accreditation from the Joint Commission International, which provides additional comfort to the international medical traveler seeking the highest level of care.

“Taiwan has now become a destination of choice for the tens of millions of Chinese-speaking patients seeking access to high-quality medical care,” says Patients Beyond Borders CEO Josef Woodman. “Taiwan's affordable prices combined with its world-class healthcare system, hospitals, and clinics, provide Chinese patients access to a setting of language and cultural familiarity for nearly every kind of medical procedure.”

Recent initiatives by the Taiwanese government to simplify and expedite the medical visa process for Chinese patients, coupled with a steady increase in direct flights from China to Taiwan, have attracted significant numbers of visitors from China. Further fueling the 20%+ growth, a new government policy allows hospitals to apply for visas for groups of up to 30 Mainland Chinese citizens seeking health screenings and cosmetic procedures.

“The publication of Patients Beyond Borders: Taiwan, Second Edition in Simplified Chinese now allows Chinese-speaking patients everywhere even greater access to one of the world's most comprehensive healthcare systems,” says Dr. Mingyen Wu, CEO of TTFMT and Secretary-General, Taiwan Nongovernmental Hospitals and Clinics Association. “We are pleased to be working with Patients Beyond Borders on this project.”

Patients Beyond Borders: Taiwan, Second Edition will be distributed by Publisher's Group West to bookstores in China and the region. In July 2013, the edition will be available through a variety of digital sources including the Patients Beyond Borders and TTMFT websites.

About the Taiwan Task Force for Medical Travel 
Launched in October of 2007, the Taiwan Task force for Medical Travel (TTFMT) was created as a platform to promote inbound medical travel, integrate resources, and streamline cooperation across leading governmental organizations, the Department of Health (DOH), and related industries and medical institutions. TTFMT is administered by the Taiwan Nongovernmental Hospitals and Clinics Association and supported by the Department of Health (DOH), Council for Economic Planning and Development, the Tourism Bureau, Government Information Office, Taiwan External Trade Development Council, and the Chung-Hua Institution for Economic Research. Its vision is to position Taiwan as a global leader of five-star medical travel destinations.

For media queries, please contact: 
Yu-Jen Serena Lin 
Taiwan Task Force for Medical Travel, sponsored by DOH 
Administrator 
Tel: 886.2.2885.1528 ext 20 
Web: http://medicaltravel.org.tw 
Email: nhca06@gmail.com

About Patients Beyond Borders 
Patients Beyond Borders, based in Chapel Hill, NC, publishes books, eBooks, online resources, and mobile applications for healthcare consumers seeking the best global options in medical care. Its flagship international title, Patients Beyond Borders, soon to be published in its Third Edition, is the world's leading consumer reference guide for medical tourism. Country editions, city editions, and facility editions help healthcare consumers make informed choices in searching, vetting, and obtaining safe, high-quality, affordable healthcare around the world.

For more information or media queries, please contact: 
Email: media@patientsbeyondborders.com 
Tel: +1 919.924.0636 
Web: http://www.patientsbeyondborders.com

Industry News

Aetna and Swiss Life Ink Deal to Expand Global Employee Benefits with Healthcare Offerings

Aetna to provide health coverage and other insurance solutions for Swiss Life's customers in the U.S. and with U.S. expat populations

Swiss Life to offer Aetna's business traveler health coverage worldwide

Aetna (NYSE: AET), a leading global diversified healthcare solutions company, and Zurich-based Swiss Life, a leading life and pension insurer, have formed a strategic partnership to offer Aetna's international and domestic healthcare benefits and services to Swiss Life's roster of multinational customers.

Effective September 1, 2013, Aetna joins the Swiss Life Network as its partner for the U.S. Swiss Life offers comprehensive international and local employee benefit packages to multinational companies through the Swiss Life Network, a global association of 60 insurance companies and business partners operating in 70 countries.

“Swiss Life shares our mission to provide high-quality employee benefits solutions and services tailored to meet the specific needs of companies operating in different countries and cultures,” said Eugene Marks, general manager of the Americas for Aetna International. “Increasingly, businesses are looking for opportunities overseas, and workers are becoming more globally mobile. Our collaboration with Swiss Life will allow us to provide a greater number of employees with the comprehensive healthcare coverage they need no matter where in the world they are.”

Margrit Schmid, CEO of Swiss Life Network, said, “We are pleased to welcome Aetna into our network of insurance partners. As a leader in healthcare solutions in the U.S. and for the expatriate market, Aetna will enhance our ability to provide multinational companies with the very best in employee benefit packages. Aetna's strength in health management analytics, technology and wellness solutions also holds great possibilities for us to provide even broader solutions for our customers in the future.

“Swiss Life and Aetna complement each other well,” said Schmid. “Swiss Life is recognized for its risk protection, pension management and strong base in Europe, while Aetna is recognized for its health coverage and strong base in the U.S.”

As Swiss Life's U.S. network partner, Aetna will offer Swiss Life's multinational customers a portfolio of insurance products and services to meet the needs of their U.S. workforce, particularly expatriate health coverage for their American workers living and working abroad.

The partnership also opens a new distribution channel for WorldTravelerSM, Aetna's short-term international health coverage for business travelers. Swiss Life has chosen WorldTravelerSM to be the group business traveler coverage offered to its customers worldwide.

Additionally, Swiss Life's multinational clients can access Aetna's domestic employee benefits products and services for their U.S.-based workforces, including group term life, short- and long-term disability, accidental death and dismemberment, dental and medical coverage, plus market-leading health analytics and wellness solutions.

Aetna's U.S.-based and international healthcare coverage focuses on empowering people to live healthier lives. The company offers its members a wide variety of health and wellness programs, clinical services and mobile apps to help them take charge of their health and get the most out of their healthcare benefits.

About Aetna International
Aetna International is committed to helping create a stronger, healthier global community by delivering comprehensive health benefits and health management solutions worldwide. Aetna International's expatriate business is one of the industry's largest and most prominent international health benefits providers, supporting more than 500,000 members worldwide with access to more than 100,000 hospitals, clinics and doctors in Aetna's network of non-U.S. healthcare providers. The organization's expatriate offerings include medical, dental, vision, life, disability and emergency assistance. Aetna International's health management business collaborates with healthcare systems, government entities and plan sponsors around the world to design and build locally applied health management solutions to improve health, quality and cost outcomes. For more information, see www.aetnainternational.com.

About Aetna
Aetna is one of the country's leading diversified healthcare benefits companies, serving an estimated 44 million people with information and resources to help them make better informed decisions about their healthcare. Aetna offers a broad range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, medical management capabilities, Medicaid healthcare management services and health information technology services. Aetna's customers include employer groups, individuals, college students, part-time and hourly workers, health plans, healthcare providers, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com.

About Swiss Life
The Swiss Life Group is one of Europe's leading comprehensive life and pensions and financial solutions providers. Swiss Life Holding Ltd, registered in Zurich, was founded in 1857 as Schweizerische Rentenanstalt. The shares of Swiss Life Holding Ltd are listed on the SIX Swiss Exchange (SLHN). The Swiss Life Group employs a workforce of around 7,000, with approximately 4,500 certified financial advisors.

The Swiss Life Group operates in Switzerland, Germany and France, and it has competency centers in Luxembourg, Liechtenstein and Singapore. The Group is also present in other European countries through Swiss Life Select, tecis, HORBACH, Proventus and Chase de Vere. For more information, see www.swisslife.com.

About Swiss Life Network
Swiss Life Network is a global association of 60 leading, local life insurance companies and business partners. Through this network, Swiss Life offers comprehensive employee benefit solutions, including life insurance, pension and health solutions for over 400 multinational corporations in 70 countries and territories worldwide. The Swiss Life Network, founded 1962, is the leading global employee benefits network and a pioneer of the international risk pooling concept. Swiss Life Network has the objective to provide top-quality employee benefit solutions to multinational corporations around the globe for their international and local employee benefit needs. For more information, see www.swisslife-network.com.

Contact:
Aetna
Marnie Goodman, +1-860-273-2314
United States
Goodmanm2@aetna.com

Industry News

Dental Tourism on the Rise As UK Patients Escape Increased Fees

DSC_0226 (2)breakingtravelnews.com -Terms such as ‘medical tourism' and ‘global healthcare' get thrown around a lot by medical industry experts who are looking for the ‘next big thing' in terms of treatments, but the truth is, medical tourism (including dental work, cosmetic surgery and fertility treatments) is experiencing a surge in popularity, especially with U.K. patients who don't want to pay the sometimes exorbitant fees in their home country.

For years, wealthy residents of so-called ‘third world' countries have been travelling to places such as the U.K. and the U.S. for their medical treatments, but now the tables are turning: patients who can't afford the seemingly ever-increasing fees in the West are heading to other countries for cheaper treatments. The lower cost doesn't mean lower quality. However, some of the best state-of-the-art facilities and highest quality of doctors can be found in places such as Europe and Asia.

To continue reading click here.

Industry News

Increasing Focus on Medical Tourism Improves MRI Market Prospects in Egypt
by Vicky Karantzavelou

DSC_0226 (2)traveldailynews.com - The use of state-of-the-art medical imaging devices in the private sector to attract medical tourism has steadied in growth of the magnetic resonance imaging (MRI) market in Egypt. Although slow political transition will limit demand in the short-to-medium term, the market will be sustained by replacements. Once the political situation eases, procurement backlogs will boost sale volumes.

New analysis from Frost & Sullivan, Analysis of the Magnetic Resonance Imaging Market in Egypt, finds that the market earned revenues of $35 million in 2012 and estimates this to reach $66.7 million in 2019 at a compound annual growth rate (CAGR) of 9.4 percent. The research covers low-field, high-field, and ultra-high-field MRI systems.

To continue reading click here.

Industry News

Mapfre Assistance Offers Travel Assistance to the Clients of the Hungarian Oil Company MOL

MAPFRE ASSISTANCE offers Travel Assistance to the clients of the MOL oil company in Hungary and its bordering countries. The company is seeking to establish a more solid relationship with its consumers through products of value that complement the range it already markets. To that end, last March an invitation to tender was published for providing a Travel Assistance service to its clients, and the chosen provider was MAPFRE ASSISTANCE.

The insurance company focused its proposal on offering basic products with three-, five- and ten-day Travel Assistance packages, which are currently on sale at MOL petrol stations.

These packages contain a security code, an Assistance card and the terms and conditions. Users can activate the service by telephone, entering the code provided. Client Attention centers will register the personal particulars of the clients and the pertinent details of the journey: conditions, identity card number, destination, etc. The service cover extends across the European territorial sphere, as well as encompassing Egypt, Tunisia, Morocco and Turkey. MAPFRE ASSISTANCE has opted for offering a product that is attractive for the beneficiary and easy to arrange.

The launch of this new project took place in May at 100 petrol stations in the country's major cities, such as Budapest, Szeged, Debrecen, Györ, Székesfehérvár, Pécs and Miskolc, as well as along the main roads of Austria, Slovenia, Slovakia, Serbia and Romania.

Founded in 1991, MOL is a large Hungarian oil company with 360 petrol stations in Hungary and a further 1,388 in countries such as Slovenia, Italy, Austria, Croatia, Romania, Serbia, Bosnia, Slovakia, the Czech Republic and Montenegro.

For further information please contact MAPFRE's General Communication Department (telephone +34 91 581 96, electronic mail: adulanto@mapfre.com).

Industry News

Asian Medical Tourism Market Forecast to 2015

Medical tourism, also called health tourism or medical travel, is a rapidly growing industry catering to patients who travel across national borders to receive medical treatments. In Asia, medical tourism has emerged as one of the fastest growing segments. Low cost and shorter waiting times for medical treatments as compared to Western countries, coupled with quality health services provided in Asian countries, make them preferred destination for the medical travelers. With the governments' support and the improving medical infrastructure of Asian countries, the medical tourism market of Asia is anticipated to post a CAGR of around 26.5 percent during 2013 to 2015, says RNCOS in its latest report "Asian Medical Tourism Market Forecast to 2015."

To continue reading click here.

Industry News

First Global Gathering of Hot Springs Proprietors Slated for October 7, 2013, at Global Spa & Wellness Summit in New Delhi   
Interest in Wellness and Natural, Indigenous Experiences Drives Surge in Popularity of Hot Springs Worldwide

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The Global Spa & Wellness Summit (GSWS) today announced that the first-ever global gathering, bringing together hot springs operators and industry leaders from around the world, will be held Monday, October 7, 2013, at the 7th annual Summit held this year in New Delhi, India. The Global Hot Springs Forum will attract representatives from India, Japan, China, the U.S., Europe, New Zealand and Australia, among others, to share experiences, knowledge and perspectives on this growing industry sector.

According to co-organizer Charles Davidson, from Peninsula Hot Springs in Australia, the Forum will include presentations and open discussions on how the best hot springs operators in the world's most competitive markets build profitable spa, bathing and accommodation businesses; which evidence-based studies in hot springs bathing practices provide proof of the health benefits of hot springs; and the various ways cultures utilize natural hot water for health, well-being and community happiness.

Participants will also jointly explore ways the global hot springs industry can work together in marketing, research and development, and on philanthropy projects to bring hot springs bathing facilities to communities in third-world countries.

In a study conducted for the GSWS, SRI International defined a hot springs spa as a “day-use spa facility with an on-site source of natural mineral, thermal or sea water that is used in spa treatments. Stay spas that use an on-site source of mineral, thermal or sea water for treatments are classified as hotel/resort spas or destination spas/health resorts, depending on their characteristics.” Hot springs are found in every country on earth, and recent information indicates that the volume of springs is much higher than previously thought, numbering in the tens of thousands.

Consumer demand for local, indigenous, natural experiences-combined with a model that often revolves around a long “day spa” experience (with the opportunity to spend extended time de-stressing) -has been key to the strength of hot springs during a long recession.

“Hot springs have been experiencing a renaissance in many countries of the world,” Davidson said. “In China, in 2012, hot springs became one of the 10 pillars of focus for the national tourism organization, and in Japan, hot springs represent the single largest sector of the domestic tourism industry. The Forum will give us a unique opportunity to look at ways of harnessing this growth and sharing the potential at a global level.”

The Forum will also address how continuing significant expansion in hot springs usage will impact resource management and sustainability.  

Davidson noted that while some countries have clear regulations and guidelines surrounding hot springs resource utilization, most do not. “Generating global best practice guidelines is something that is relevant for all nations and for the long-term evolution of the industry. The Global Hot Springs Forum is a location where this issue can be considered and solutions discussed.”

Co-organizer of the Forum is Maruyama Tomonori, consultant leader, research and consulting team, Mitsui Knowledge Industry Co., Ltd. Key findings from the Forum gathering will be shared with the Summit's entire delegation on the final day of the GSWS. Efforts will be made to keep the participants connected and to move initiatives forward throughout the year in anticipation of the second global meeting at next year's (2014) Summit.  

About the Summit: The Global Spa & Wellness Summit (GSWS) is an international organization representing senior executives and leaders from over 40 countries, joined by a common interest to drive economic development and understanding of the spa and wellness industries. Delegates from diverse sectors, including hospitality, tourism, health and wellness, beauty, finance, medical, real estate, manufacturing, and technology, attend the organization's annual Summit, which is held in a different host country each year. After just seven years, the GSWS is now considered the leading global research and educational resource for the $1.9 trillion spa and wellness industry. It is known for introducing major industry initiatives such as SpaEvidence.com, the world's first online portal to the medical evidence behind common spa and wellness therapies. For more information, visit www.gsws.org.


Industry News

Hip Replacement Market to Grow as More Young People Face Arthritis

--Total Hip Replacement market to hit $7.1 billion by 2019
--US to maintain top status with 57% market share

The Total Hip Replacement (THR) market is estimated to reach a value of $7.1 billion by 2019, due not only to the growth of the global elderly population, but also the climbing number of younger patients in need of the procedure, according to a new report from research and consulting firm GlobalData.

The new report* states that in 2012 the THR market across 10 major countries (US, France, Germany, Italy, Spain, UK, Japan, Brazil, China, and India) was estimated at $6.2 billion, but an increase in demand across all age demographics will see the number grow significantly in the near future.

By 2019, GlobalData estimates the US will maintain its status as the major global market for THR with a share of 57%, followed by Japan and China at 9% and 10%, respectively. Regarding European countries, the market share will remain relatively stable for the forecast period.

Additionally, the report highlights the potential market for THR manufacturers in developing countries such as Brazil and India, which are growing rapidly. Their booming populations have a growing middle class that can afford a new quality of care, and is also getting more access to reimbursement.

“The hip replacement market is mature and is seeing some pricing pressure from healthcare policy makers, yet is still growing in numbers. A major driver for this growth is the emerging markets and the impact this surgery has on the quality of life of younger patients moving forward,” says Priya Radhakrishnan, Senior Medical Device Analyst at GlobalData.

According to GlobalData, the boost in the THR market will be driven by the rising prevalence of osteoarthritis, people living longer and the increase of younger patients receiving hip replacements. The report attributes this rise to a growth in sporting injuries and physically demanding work, as well as an increasing number of young people getting arthritis.

Consequently, with patients living longer, and given the 15-20-year lifetime of most implants, revision surgery has become an inevitable next step which will further fuel market growth. However, for this market segment to meet its potential, greater standards of physician training is required, states the report.

*MediPoint: Total Hip Replacement - Global Analysis and Market Forecasts

Notes to Editors
This report focuses on the total primary hip replacement market along with the primary revision market. The report covers the key markets of the US, France, Germany, Italy, Spain, UK, Japan, Brazil, China and India.

This report was built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GlobalData's team of industry experts.

For guidelines on how to cite GlobalData, please see: http://www.globaldata.com/QuotingGlobalData.aspx

About GlobalData
GlobalData is a leading global research and consulting firm offering advanced analytics to help clients make better, more informed decisions every day. Our research and analysis is based on the expert knowledge of over 700 qualified business analysts and 25,000 interviews conducted with industry insiders every year, enabling us to offer the most relevant, reliable and actionable strategic business intelligence available for a wide range of industries.

For more information, please contact our Press Office on +44 (0)1204 543 528 or at pr@globaldata.com

Industry News

In Need of a New Hip, but Priced Out of the U.S.
by Elizabeth Rosenthal

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nytimes.com - Michael Shopenn's artificial hip was made by a company based in this remote town, a global center of joint manufacturing. But he had to fly to Europe to have it installed.

Mr. Shopenn, 67, an architectural photographer and avid snowboarder, had been in such pain from arthritis that he could not stand long enough to make coffee, let alone work. He had health insurance, but it would not cover a joint replacement because his degenerative disease was related to an old sports injury, thus considered a pre-existing condition.

Desperate to find an affordable solution, he reached out to a sailing buddy with friends at a medical device manufacturer, which arranged to provide his local hospital with an implant at what was described as the “list price” of $13,000, with no markup. But when the hospital's finance office estimated that the hospital charges would run another $65,000, not including the surgeon's fee, he knew he had to think outside the box, and outside the country.

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Upcoming Event

Africa Medical Executives & Medical Tourism Conference

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August 28-30, 2013 - Ivory Coast, Africa

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Global Connected Care Conference and 4th Meditour Expo

September 9-11, 2013 -Anaheim, CA

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International Medical Tourism Conference & Exhibition - China 2013

 

 

September 12-13, 2013 - Shanghai, China

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Indian Medical Tourism Conference 2013

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October TBD, 2013 - Bangalore/Ahmedabad, India

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The Wellness Tourism Congress at the Global Spa & Wellness Summit

October 5-7, 2013 - The Oberoi, Gurgaon, New Delhi, India

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4th Medical Tourism Saint Petersburg Exhibition

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October 10-12, 2013 - Lenexpo Exhibition Complex, Saint Petersburg, Russia

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Mexico: Global Summit on Medical Tourism Business

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October 16-18, 2013 - Mexicali, Mexico

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2nd Malaysia International Healthcare Travel Expo 2013

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October 20-22, 2013 - Sunway Pyramid Convention Center, Malaysia

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AnfasHetex Health Tourism Fair
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November 14-16, 2013 -Antalya Expo Center, Antalya, Turkey
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India Med Expo 2013-Andra Pradesh Medical Tourism & Health Care Conference
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December 6-8, 2013 - HITEX Exhibition Center, Hyderabad, India
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Health Tourism Expo 2013

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December 19-22, 2013 - Istanbul Expo Center, Istanbul, Turkey

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Medical Travel Today: Opinions and Perspectives on an Industry in the Making

Medical Travel Today - the authoritative newsletter for the worldwide medical travel industry - is pleased to announce publication of a new book, "Medical Travel Today: Opinions and Perspectives on an Industry in the Making.

Featuring 40 of the newsletter's most compelling interviews from the first five years of publication, the volume chronicles the explosive growth of international medical tourism as witnessed and experienced by some of the key stakeholders and players. A must-read for anyone interested or involved in the industry.


News in Review

Worldhotels Affiliate Properties Round Out Medical Tourism Offerings
Traveldailynews.asia - With medical services and hospitalization costs rising exponentially over the past decade, millions have ventured across borders to seek medical treatments and not surprisingly, the lower cost of medical services, high standards of care and its host of exotic beaches, cultural attractions and distinctive cuisines make Asia one of the best places in the world for recuperation.

Medical Tourism: Latin America is a Prime Destination
Insidecostarica.com - The high cost of healthcare has created the lucrative phenomenon of medical tourism. An IPK International survey revealed that roughly three percent of the world's population travels to foreign countries for medical treatment, while Patients Beyond Borders, which publishes international medical travel guidebooks, reported the medical tourism industry is a $40-billion-a-year business.

Top 5 Countries for Medical Tourism
Healthcareglobal.com - When it comes to medical travel destinations, there's no limit to the worldwide possibilities. Although leaving the states for an operation may make some people a bit uneasy, there are other countries with medical practices that meet and exceed U.S. standards. And, when cost is a factor, medical tourism offers more bang for a patient's buck too.

Should You Travel Abroad for Laser Eye Surgery?
Tourism-review.com - If you are considering laser eye surgery, and cost is a factor, you may have thought about travelling abroad for treatment. Medical tourism is now a global industry, and laser eye surgery is one of the most popular treatments for medical travelers.  

Mexico Dentists Have Medical Tourism Training to Sink Teeth In
Travelvideo.tv - Dentists in Mexico looking for a taste of the profitable medical tourism industry have a training program to sink their teeth in. Representatives of the Medical Tourism Association┬« met this month with administrators, doctors and support staff of Sani Dental Group in Los Algodones, located in the state of Baja California, where they conducted a training workshop and site visits leading toward their certification in International Patient Services.

Sanusi Laments High Level of Medical Tourism From Nigeria
Channelstv.com - The Central Bank of Nigeria governor, Sanusi Lamido Sanusi, has lamented the high level of medical tourism , according to him, “has been a major source of leakage in Nigeria's growing economy.

Poland-A New Player in Medical Tourism Sector
Online.wsj.com - Is it possible, that in two to three years Brits, Germans, Scandinavians and Russians will undergo cancer treatment orthopedic or cardiac surgery procedures in Polish medical facilities more often? Treat teeth and get implants in dental clinics, take a cure in Polish sanatoriums? Will women fly to Central Europe, instead of Thailand, to undergo blepharoplasty, remove access fat or indulge in beauty treatments? It's possible.

Thailand Targeting Eastern Europe, Central Asia and Middle East
Imtj.com - Thailand must not overlook unexplored medical tourism potential in Eastern Europe, Central Asia and the Middle East, says the Tourism Authority of Thailand (TAT). Besides Russia, whose citizens have become big travelers to Thailand, Ukraine, Kazakhstan and Uzbekistan are the three rising stars listed by TAT. These countries could help to offset declining tourism from Europeans states beset by slowing economies. Medical and wellness tourism is mirroring mainstream tourism in where customers come from.

Low Cost Treatments Driving Malaysian Medical Tourism Market
Sbwire.com - Malaysia has emerged as a leading medical tourism destination worldwide. Expensive medical treatment in developed countries has made the country an ideal healthcare destination across the globe.

JOB OPPORTUNITIES

Do you know of any available job openings relative to the medical travel industry? We encourage readers to submit any available, relevant job opportunities along with its descriptions and requirements for fellow readers and industry professionals to consider. All submissions are appreciated.

 

Editor's Note: The information in Medical Travel Today is believed to be accurate, but in some instances, may represent opinion or judgment. The newsletter's providers do not guarantee the accuracy or completeness of any of the information and shall not be liable for any loss or damage caused - directly or indirectly - by or from the information. All information should be considered a supplement to - and not a substitute for - the care provided by a licensed healthcare provider or other appropriate expert. The appearance of advertising in this newsletter should in no way be interpreted as a product or service endorsement by the newsletter's providers.