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© 2017 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

CONTENTS

From the Editor

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

News in Review

Regulation Planned for Medical Tourism to Israel

North America Outbound Medical Tourism Services Market expected to grow at a CAGR of 25.5% during 2016 to 2026

QC Wants to be Top Medical Tourism Stop

Many Americans Travel to Other Countries for Medical Care

Philippines: Quezon City 'Very Ripe' to Become Medical Tourism Hub

Market Research on Medical Tourism Market Forecast and Analysis

Spotlight Interview

Carine Hilaire, CEO & Co-Founder, France Surgery

Industry News

Part One: 'Choosing the Good Hospital'

5 Key Reasons Thailand Continues to Dominate as a Destination for Plastic Surgery

Medical Tourism Market Worth USD 54.00 Billion by 2022

Brazil Healthcare Market Outlook 2020

Help Save a Life and Support MatchingDonors

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Upcoming Events

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THIS WEEK IN MEDICAL TRAVEL TODAY

Volume 9, Issue 6

Dear Colleagues:

We wish all of our readers much joy and success in the coming year!

When it comes to healthcare, patients all around the world search for high-quality, low-cost treatment, along with short waiting periods and a pristine recovery.

Carine Hilaire, CEO & Co-Founder, France Surgery, asserts that France - the number one healthcare system in the world according to the World Healthcare Organization - offers patients healthcare at a great value for their money.

Recognized and supported by the French Government and French Authorities/Institutions, France Surgery is an online platform which connects patients to elite doctors specializing in complex surgery.

Focusing on the quality of healthcare, patient satisfaction and innovation, France Surgery assists patients from the U.S., UK, Canada, China, the Middle East and more.

Read on to learn more about healthcare in France and the services offered by France Surgery.

We're starting to hear from many hospitals, independent surgi-centers and provider groups that want to be better positioned to serve self-funded employers offering medical/surgical travel options. If you have a good story to tell us, please be in touch! We want to boost opportunities for Centers of Excellence nationwide.

Tell us:
What distinguishes your service offering in terms of cost, patient experience and satisfaction, outcomes, or other quality indicators.
Send us your descriptor, including photos or charts, and we will evaluate for publication in this newsletter.
Please be in touch and let me know how you are surviving and thriving in this emerging marketplace.

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

 

 

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Spotlight

Carine Hilaire, CEO & Co-Founder, France Surgery

http://www.france-surgery.com/

Medical Travel Today (MTT): Tell us about France Surgery.

Carine Hilaire (CH): France Surgery is a medical facilitator specializing in complex surgery. We are a certified private French company with over 20 years of experience within the French medical sector.

Our board is comprised of several French doctors, specialists and healthcare professionals, and we put patients in touch with internationally renowned hospitals and specialists all over France.

Established in 2012, we offer the largest online platform for medical travel in France, with approximately 120 hospitals and more than 1,500 highly experienced specialists across the country.

We offer our patients:

  • Direct access to elite French physicians.
  • Pre travel e-consultation for each patient.
  • Completely confidential, secure Platform for exchange of medical data (this allows the surgeon or doctor to easily access patients medical file and discuss their medical opinion directly with the patient or their GPs / hospitals).
  • A selection of highly experienced medical teams and not just hospitals, according to a very strict ethical code of practice.
  • Assistance with accommodations during their medical stay.
  • Pre-travel medical evaluation and a post-operational e-follow up.
  • Automatic sending of medical enquiries & scorings, planned operative e-Controls. (Patient stays in direct contact with their French physician even after they are back home).

MTT: How do you decide which hospitals to network with?

CH: Our clinics and hospitals are carefully chosen based on infection rates, level of technological accreditation, quality indicators (i.e.: how many anti-bacterial products are used every year, etc.), and whether or not the facilities are approved by ISQUA and HAS.

Elite specialists within our network are chosen based on surgeons who use the latest technologies and approaches, how many surgeries they perform each year and their success rates.

MTT: Do patients receive discounted costs?

CH: France Surgery offers all-inclusive packages, which include medical treatment and stay at the hospital, consultations with the doctors, nurses' visits, medication, follow-up, as well as accommodations and additional costs.

Regarding the treatment prices, rates are the same throughout French territory as long as the facility is subsidized and certified by the health administration.

This system is patient centered with a policy of equal access for all citizens which ensures a high standard of care and consistency in the services provided across the health facilities network.

Payment or refunding may vary depending on the patient status and citizenship, however rates for hospital stays are fixed by the French government.

If the patient is from a country within the European Union, the individual will be given an invoice in English after their treatment stay.

Also, to make the trip easier, France Surgery allows payment in three installments at no additional charge.

MTT: Which procedures are commonly sought out in France?

CH: The French healthcare system was ranked number one in the world by the World Healthcare Organization.

Individuals all over the world seek medical care in France due to experienced and world-renowned surgeons, clinics carefully selected for their state-of-the-art technologies and the best level of care and safety, highly-personalized services, complete and appropriate medical treatment, an excellent recovery environment, short waiting times (seven weeks on average) and the best value for their money.

The most common procedures that people are seeking in France are orthopedics, cardiology, oncology and diabetics.

France Surgery has more than 20 years of expertise in the French and international medical industry, allowing us to keep in contact with the best professionals and select only the most suitable health facilities and professionals for the most precise medical or surgical treatments.

We have received the Award for Best Medical Travel Agency in London, April 2015 and are the only certified medical facilitators in France.

MTT: Does France Surgery coordinate all aspects of patient care?

CH: Yes, France Surgery is an all-inclusive, one-stop service offering patients:

  • Personalized information and professional advice to help make decisions
  • Administrative procedure support
  • Negotiation of preferential rates with clinics and partners
  • Putting the patient in direct contact with the clinic and the specialist
  • Support and assistance throughout a patient's stay (clinic and post-operative care) from collection on arrival and drop-off
  • Management of transfers, visits, accommodation, catering for patients and their loved ones

MTT: How many medical travelers does France Surgery work with each year?

CH: Based on our activity throughout 2015, we have 1,857 medical records via our platform, 68 medical opinions and 53 patients received.

MTT: Where are most of your medical travelers from?

CH: We have patients coming from all over world and we adapt our services according to their cultures and beliefs.

Most of our travelers are coming from the U.S., UK, Canada, China and the Middle East.

MTT: What can we expect from France Surgery in the future?

CH: After winning the "Medical Travel Agency of the Year" Award by IMTJ in 2015, France Surgery set out to become the leader in France in terms of medical travel.

Now we not only talk about the reference in the quality of healthcare, patient satisfaction and innovation, but as the market's key leader, we are recognized and supported by the French Government and French Authorities/Institutions.

Industry News

Part One: 'Choosing the Good Hospital'
Helping medical tourists make informed decisions
by Sharon Kleefield

Introduction
This chapter focuses on the number one issue of concern for medical tourism: quality, safety and potential harm for patients who travel abroad for treatment. While medical tourists seek shorter waiting times and lower costs abroad, we have limited knowledge about the factors that determine their decisions regarding quality and safety. As the number of medical tourists continues to increase and the availability of surgical and experimental treatments increases in more and more countries, limited studies from telephone interviews suggest that medical tourists choose destination hospitals based on proximity to home, affordability, physician experience and training, advertising and testimonials on social media. Although there is some indication that hospital accreditation may also influence the decision-making process, the level of healthcare understanding necessary to make an informed decision and what constitutes 'informed' are yet to be standardized in this evolving industry (Crooks et al., 2010). Hospital providers and facilitators may offer a range of unverified claims about the quality of care and expected outcomes; however, the medical tourist is unable to assess and compare international hospitals for quality and safety. Other than accreditation, which is voluntary, there are no international regulatory standards for this industry. Hospitals that advertise themselves as 'centers of excellence' should provide evidence that they are knowledgeable and responsible for promoting safety and reducing preventable harm for their patients and staff. Currently, this obligation is 'marketed' but not sufficiently substantiated.

Closing this quality chasm for the medical tourism industry will be addressed here with a modest proposal for establishing an initial set of safety 'markers' that are cross-cultural and evidence-based. While accreditation sets the necessary basic standards, there is a need to meet the quality concerns with these 'markers'. With evidence from landmark studies during the 1990s in the USA and onward internationally, we've learned to identify and measure quality and safety risks in the hospital, in particular, with proven strategies to reduce preventable harm for patients. These will be identified in this chapter with the intent of informing medical tourists and those who assist them in medical travel about how to compare hospitals based on more specific measures.

Personal experience
As a faculty member of Harvard Medical School for 15 years, I served as the Director of International Health Care Quality Programs and our mission was to establish long-term collaborations with international hospitals to continuously improve the delivery of patient care. In this capacity I provided training, education and design of hospital quality systems in more than 12 countries.

Early entries into medical tourism began in 2004-2005. While working in a private hospital in Bangalore, India, I had the opportunity to interview 3 patients who had come for procedures from the USA and UK. This hospital became an early hub for medical tourism, providing direct marketing and communication with patients abroad and later with medical travel companies in India. The hospital had a dedicated, well-managed office for international patients that provided direct communication between patients and physicians. Physicians were transparent about their particular specialty training and the volume of patients treated for specific procedures. The hospital was clean, equipment and operating theatres were new and the staff was eager to care for all patients, local and international.

At this hospital, which was newly designed in 2003, six large suites were dedicated to international patients, with nurses and ancillary staff specifically focused on service and patient satisfaction. The suites were equivalent to four- or five-star hotels with all amenities. The first patient I interviewed, Jane, was a 24-year-old dancer from Britain who had injured her knee in a minor car accident that prevented her from dancing - threatening both her current livelihood and her advancement to a career as a professional dancer. The waitlist for the procedure on the NHS was several months, but waiting several months would risk her position in the dance troupe. When I saw her, she was out of bed, doing her post-op exercises with the physical therapist, and stated that she had no pain in her knee just 2 days post-surgery. She had a big smile on her face and thanked everyone for their 'brilliant' care. Her surgery appeared to have been a success. The surgeon encouraged her to continue physical therapy when she returned home, but did not rush her out of the hospital, as they had started her on specific exercises to strengthen the muscles around her knee.

The suite next door was occupied by two middle-aged women from the USA, Jill and Mary. Jill had been a waitress at the same Kansas City restaurant for 29 years, a career she enjoyed and relied upon. She had no other means of income and was underinsured, making a hip procedure unaffordable in the USA. She could not continue to work with her increasing hip pain. This hospital offered her an affordable hip-resurfacing procedure that was affordable at one-tenth the cost of the procedure offered in the USA. This would be a less invasive approach to a complete hip replacement, with shorter recovery time. Hip resurfacing is typically not performed in the USA. The day after surgery, Jill reported that she had little to no pain and that she was sure that she would be able to resume her waitress job. While describing her stay at this hospital, her tears of gratitude were obvious, as were her optimistic feelings that she would be able to return to work. While staying in the suite with her sister for the 5 days, Mary decided to have a minor cosmetic procedure on her eyelids. This, too, was very affordable and went well. She was thrilled to 'look younger' and recommended this procedure to her friends.

This hospital had just received the third Joint Commission International (JCI) accreditation in all of India. For these patients and many who followed, the quality and safety of care were presented as evidence of the hospital's continued success. Patients were able to speak with the Indian physicians prior to travel and this hospital also required evidence of a follow-up plan when the patient returned home so that any problems could be properly addressed. All patient records were available electronically, allowing for appropriate screening and identification of pre-existing and post-treatment risks before and after surgery.

After my visit to Bangalore, I also visited Bumrungrad International Hospital, a multi-specialty hospital in Bangkok, Thailand, whose medical staff included more than 200 US Board Certified physicians. This hospital treated the largest number of medical tourists and had already received the first JCI accreditation. In 2007, it reported 520,000 foreign patients, including 55,000 from the USA and 190 countries. The facility was welcoming and patients were guided by trained personnel who provided specific directions and support throughout their care process. The first floor had several restaurants offering both Western and Asian food. I sat in the lobby and watched the international traffic of people in many different kinds of dress, from Asian and African countries. While sitting with my coffee, a middle-aged man sat down next to me wearing a Boston Red Sox (my home team!) baseball cap. We chatted and I asked him what he was doing so far from home. John said that he had come for a knee replacement. He was an underinsured private contractor who could not afford to have this procedure in the USA. He also said that his brother had come to Bumrungrad for the same procedure a year ago and was doing well. He was optimistic that he, too, would be walking out with a painless new knee. Compared to the new hospital in Bangalore, these international patients had somewhat less elaborate rooms; however, the occupancy was consistently near 100 per cent and there was a continuous flow of foreign patients. (Bumrungrad International Hospital, 2015).

It was these early interviews that first enlightened me about the possible advantages of medical tourism. Fancy new facilities designed to provide all the amenities of the finest hotels with high-tech medicine at lower costs could be available to the medical consumer, thus positioning health services within the global marketplace (Turner, 2011). The term 'touristification' of healthcare is now associated with the business and commerce of tourism and linking it to the transnational provision of high-technology-led expert medical treatment (Botterill et al., 2013). Patients, as medical tourists, become tourist consumers - now having a variety of healthcare systems and cultures to choose from (Botterill et al., 2013).

These example hospitals have a significant number of foreign-educated physicians who would be qualified to practise in the USA. Bumrungrad International Hospital is an example of what is considered a reputable medical facility, comparable to 'the best' in industrial countries (Mattoo and Rathindran, 2006). This hospital has maintained international accreditation for more than 10 years and tracks success rates in specific surgeries that are comparable to the USA. It is also comparable in its low rate of surgical site infections, medication errors and high patient satisfaction (Bumrungrad International Hospital, 2015).

The new landscape of medical tourism
By 2006 an estimated 150,000 Americans travelled to India and Latin America for cosmetic surgery and dentistry. Thailand and Singapore became early healthcare destinations for other procedures. By 2007, the number of US medical travelers increased to 300,000, including patients seeking more advanced procedures, such as joint replacement; cardiac, spine and bariatric surgeries; liposuction; breast augmentation; and regenerative therapies such as experimental stem cell treatments and fertility treatments, including in vitro fertilization (IVF) and surrogacy. By 2009, India, Thailand and Singapore served a majority of medical tourists in Asia. More recent reports extrapolate that more than 3 million patients will travel overseas for treatment, representing a growth rate of 20-30 per cent, with a market size predicted to be US$100 billion (Frost & Sullivan, 2012). It is estimated that as many as 7 million patients seek healthcare outside their home country annually (Woodman, 2014). More than 50 countries, including the USA, Central and South America, Asia, Africa and Eastern Europe, are providing care to medical travelers. Currently, the Malaysian government is aggressively promoting its medical tourism through its Ministry of Tourism, hoping to make Malaysia an international hub for healthcare. Both Penang and Kuala Lumpur are advertising low-cost cosmetic, dental and dermatology procedures. Many of their physicians have postgraduate training in the UK or the USA and several of their hospitals have JCI accreditation.

India has been aggressively promoting itself as an international healthcare destination with high-tech cardiac and orthopaedic procedures at one-tenth the cost of the USA. The Indian government is planning to launch a single-window portal listing hospitals with accreditation to promote medical tourism as the destination of choice as well as to address patients' concerns directly (BusLine, 2016). The Korean government is also promoting its growing medical tourism industry, seeking to compete with other Asian countries. The United Arab Emirates is expanding its Health Care City and forming international partnerships, hoping to become a hub for inbound medical tourists and to reduce the costly outbound travel by its own citizens. Partnering with Western universities and clinics alludes to co-branding for quality, but typically is marketed too broadly (Cohen, 2015; Runnels and Carrera, 2012). A recent article in International Living listed '4 countries with the best healthcare in the world' - Colombia, Costa Rica, Panama and Malaysia. No measures of quality were referenced (International Living, 2016).

More than 50 countries currently offer a variety of established and experimental treatments to international patients, including the European Union Directive that allows EU residents to seek healthcare within its member countries with limited restrictions. Germany is attracting foreign patients from Russia and Central European countries. Jordan is a popular destination for Middle Eastern and North African medical tourists because of its sophisticated infrastructure and low costs. Cuba offers medical treatment for nearby countries. Barbados is known for fertility treatments and Panama offers orthopaedic surgery, dental care and cardiac surgery. Costa Rica offers advanced and affordable dental treatment; it also offers the controversial 'liberation' therapy to treat multiple sclerosis. Mexico attracts at least 1 million Californians for dental and medical care and cheaper prescription drugs (Lunt et al., 2011). Brazil has long provided affordable plastic surgery by experienced physicians (NaRonong and NaRanong, 2011).
The total number of medical tourists is difficult to ascertain, but the estimated number in 2013 was greater than 7 million across 11 countries and the USA. Top destinations in 2013 were Thailand, the USA, Malaysia, Europe, Singapore, Mexico and India. Major procedures include cardiac, hip/knee, eye and spinal surgeries, IVF, gastric bypass, dental implants and full face lift. Some experimental procedures are also performed, such as stem cell or other regenerative medical treatments (Woodman, 2014); however, these treatments carry considerable risks and questionable outcomes and lack US Food and Drug Administration approval (Mattoo and Rathindran, 2006).

Stay tuned for Part Two, which will appear in February's issue of MTT.

Industry News

5 Key Reasons Thailand Continues to Dominate as a Destination for Plastic Surgery

PlacidWay.com-Thailand is not just a gorgeous getaway, but is quickly turning into one of the favorite destinations for plastic surgery. The country is experiencing an enormous increase in footfalls from the USA, South East Asia, Europe, Australia, New Zealand, and the Middle East and they are no ordinary tourists. So, what is the deal here?

There are many people who are jetting to Thailand for cosmetic or plastic surgery each year and the numbers are just growing. Today, cosmetic surgery in Thailand is a £2 Billion industry and is definitely a top destination for clients from the US, South East Asia, Europe, Australia, New Zealand, and Middle East. Experts believe that this industry is expected to boom in the next few years.

The important question is what are the factors that have made Thailand such a popular destination for plastic surgery?

Thailand Provides what patients want!

Thailand has always captivated tourists with its palm-fringed beaches and coconut groves at Ko Samui Island and the rainforest and mountainous island of Phuket. Tourism has always been a major economic factor and now the economy is being reinforced by Medical Tourism. Today, people fly to Thailand to get medical treatment, relax a little, rejuvenate, and get back home, ready to take on life as usual.

There are several reasons or factors that have contributed to this increase in Medical Tourism in Thailand, especially for cosmetic surgery.

Is cosmetic surgery in Thailand affordable?

Yes. The fact is Thailand doesn't break your back when it comes to cost of treatment. After all, it is your hard earned money and you wouldn't want to spend it all just for a small surgery or treatment especially when the cost of living is on the rise.

"Although Medical tourism has existed for over a decade now, there has been a lot of change in the way the MT market has evolved. Today, people are ready to travel abroad for procedures that are available in their country and this is more so because a variety of treatments including plastic surgery is being made available in foreign countries for a fraction of the cost in their home country," Pramod Goel, CEO, PlacidWay.

In order to understand the price difference let's look at the comparative table of average treatment costs:

Does plastic surgery in Thailand take place in shady clinics?

One of the most important reasons, after cost, that attracts clients across the world is that Thailand has a strong infrastructure. Most people think that cost and quality are somehow related and a lower cost means lower quality, but that is not the case in Thailand.

You get high quality treatment at such an affordable cost especially if you have opted for a package from reputed medical tourism providers like PlacidWay. The clinics that offer various cosmetic surgery treatments are not situated in shady locations or dark alleys, but right there in the heart of the business districts. The infrastructure is as good as it gets with state of the art equipment and modern amenities.

In fact, you can even speak with a "Cosmetic Procedures Specialist" regarding your requirements prior to booking your tickets for Thailand.

Are the doctors good enough?

One of the primary reasons for people traveling from the US, South East Asia, Europe, Australia, New Zealand, and Middle East to Thailand is because they have absolutely the best plastic surgeons. The top medical professionals in Thailand are experts in Dermatology, Cosmetic Procedures, Reconstructive Surgery, and Gynecology. They have years of experience in plastic surgery, have handled complications, have published papers in the Journal of the American Academy of Dermatology (JAAD), and are certified by Thai Society of Plastic and Reconstructive Surgeons.

Do they specialize in specific or multiple plastic surgery procedures?

The top of the mill Thailand plastic surgery clinics and hospitals specialize in a wider variety of treatments. The type of treatment can vary from clinic to clinic but most clinics are able to satisfy some of the common needs or requirements of clients including:

  • Abdominoplasty (Tummy Tuck)
  • Breast Augmentation
  • Breast Lift
  • Chin Augmentation
  • Forehead Lift
  • Full Face Lift
  • Eyelids Surgery
  • Nose Surgery (Nasal Augmentation & Reduction)
  • Otoplasty (Ear Surgery)
  • Sexual Reassignment Surgery (Male to Female)
  • Lips Augmentation
  • Hair transplantation
  • Liposuction

Are there any other benefits of Thailand Cosmetic Surgery Clinics?

The cost, highly experienced doctors, and infrastructure are not just the only reasons. There are several other benefits that you can enjoy and the list can be endless. Here are a few of them:

  • You can benefit from a free online consultation with your clinic's specialists and surgeons prior to taking a decision
  • Taking appointments is a walk in the park
  • You will be attended by a highly trained medical staff
  • You can have a tailor made solution to satisfy your specific need
  • You can get cost quotation of the entire treatment or selective procedures in advance and for free!
  • Most hospitals and clinics have friendly English speaking staff
  • You can follow up with your surgeon from the comfort of your home after surgery without paying anything extra

At the end of the day, these factors will play an important role in helping you make the right choice.

Thailand is not just a tourist destination anymore thanks to the high standards of medical care it has been providing to patients. If you have been sitting for way too long on gifting yourself that "great body" then your time has come!

To read the original article click here.

 

Industry News

Medical Tourism Market Worth USD 54.00 Billion by 2022
Market Research Engine has published a new report titled as "Medical Tourism Market by Treatment Type and by Geography - Global Industry Analysis by Size, Share, Growth, Trends and Forecast, 2015 - 2022".

"The Global Medical Tourism Market will Grow at CAGR of 18% in the given forecast period and will cross USD 54.00 Billion mark by 2022".

Browse the full report here: www.marketresearchengine.com/reportdetails/global-medical...

Due to the rising medical services cost in the western countries and availability of high quality medical services at lower prices in the Asian countries like Singapore, India, Brazil, Thailand, Malaysia, Mexico, Taiwan, Turkey, South Korea, Costa Rica, Poland, Dubai and Philippines has led to the expansion of medical tourism industry in this area. Many countries are planning to leverage medical tourism as a strategy to boost their healthcare services and tourism industry. By encouraging its presence in the medical tourism market, a country can stimulate its economic growth and create employment opportunities.

Consequently, the medical tourism industry is rapidly expanding and is anticipated to have a significant growth in the near future. According to the one study done by Medical Tourism Association it was estimated that approx 1.6 million Americans have travelled to other destinations in 2012 for medical/healthcare services and this number is anticipated to grow in the near future.

This market research report on the global medical tourism helps in understanding the important forces responsible for the growth of this industry. The research report provides in-depth analysis of the geographies facilitating inbound medical services that include Singapore, India, Thailand, Brazil, Malaysia, Mexico, Turkey, Taiwan, South Korea and prospective countries. The market overview section of the report comprises qualitative analysis of the overall market considering the factors determining the market dynamics such as drivers, restraints and opportunities along with Porter's five forces analysis. These different analyses would provide a thorough understanding about the market from its past, present and future perspectives and help market players to design effective business strategies. Further, the report on medical tourism comprises executive summary chapter that will help you understand the overall market size, growth rate of various segments, geographies and competitors present in the market in a very precise manner.

Download Free Sample Report: www.marketresearchengine.com/requestsample/global-medical...

The medical tourism industry is segmented on the basis of type of treatment and geography

BY TREATMENT TYPE

  • Cosmetic Treatment
  • Dental Treatment
  • Cardiovascular Treatment
  • Orthopedics Treatment
  • Fertility Treatment
  • Other General Treatment

BY GEOGRAPHY

  • Singapore
  • India
  • Malaysia
  • Mexico
  • Costa Rica
  • Brazil
  • Turkey
  • South Korea
  • Thailand
  • Taiwan
  • Philippines
  • Dubai
  • Poland

About MarketResearchEngine.com
Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging healthcare technologies, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.

Media Contact
Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862, +91-860-565-7204
Website: www.marketresearchengine.com/

To read the original release click here.

Industry News

Brazil Healthcare Market Outlook 2020
Brazil is considered as one of the most lucrative healthcare market in Latin America, with consistent ranking amongst the top five global destinations for medical tourism. The country attracts a variety of medical tourists to take advantage of the successful and world-renowned cosmetic surgery industry. Growing demand for private healthcare has helped fuel a boom in the sector, which remains dominated by local players and has recently witnessed a number of mergers as many seek to capitalize on higher demand and consolidate their positions.

According to our report, "Brazil Healthcare Market Outlook 2020", with better standards of living, the healthcare expenditure in the country has been rising continuously which is driving the healthcare industry. Among the healthcare sectors, the pharmaceutical market in the country witnessed tremendous growth, especially Prescription drugs market that enjoyed lion's share of nearly 50% in 2015. However, the generics drug segment is forecasted to do well in future. With several factors, such as increasing patent expiries and greater generic company involvement in Brazil, the segment is anticipated to be the main factor for growth of the pharmaceutical market in the country. Besides, innovation and improvements in the medical equipment sector have been consistent in Brazil.

Healthcare spending in the country is anticipated to grow at a CAGR of around 5.8% during 2016-2020. The main factors behind the high healthcare expenditure include the prevalence of various diseases in the country, like hypertension. Other major prevalent diseases covered in the report include cancer, tuberculosis, obesity and diabetes.

As per our findings, the future outlook of Brazil healthcare IT-industry is quite optimistic as the IT segment has witnessed significant mergers and acquisition in 2015. The world's leading healthcare IT companies are also looking towards Brazil as an ideal destination for their business expansion. Brazil passed a new law allowing foreign companies to invest capital in private hospitals for the first time, a move expected to appeal to those eager to capitalize on high demand for private healthcare in the country, and bring much-needed funding to the sector. Investors from all over the globe are eager to invest in the country's healthcare sector. For instance, India based drug maker, Lupin, has acquired Medquímica Indústria Farmacêutica, a Brazilian branded generics and OTC maker, expanding its presence in Latin America through Brazil.

Our report provides an in-depth research and analysis of the key segments, namely Hospital Services Industry, Pharmaceutical Industry, Medical Devices Industry, Healthcare IT industry, and other emerging market segments. It also highlights the current industry trends; presenting the key driver and foreign investments to enable clients understand the market structure and its prospective during the forecasted period. The report also covers detailed information about the active market players in hospital services, pharmaceutical, medical devices and healthcare IT-sector.

Download the full report: https://www.reportbuyer.com/product/3696464/

About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
http://www.reportbuyer.com

For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: query@reportbuyer.com
Tel: +44 208 816 85 48
Website: www.reportbuyer.com

To view the original release click here.

Industry News

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Upcoming Events

Health in Greece Convention

February 11-12, 2017 - Athens, Greece
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8th International Exhibition of Medical Treatment Abroad


March 14-16, 2017 - Expocentre Fairgrounds, Moscow, Russia
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Pan-African Health Tourism Congress

March 29-31, 2017 - Umfolozi Hotel Casino and Convention Resort, South Africa
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Medical Fair India 2017

April 6-8, 2017 - Pragati Maidan, New Delhi
To learn more or to register click here.


IMTJ Medical Travel Summit 2017


April 24-27, 2017 - Milenij Hotel and Conference Centre, Opatija, Croatia
To learn more or to register click here.


Healthcare Travel Expo and International Medical Forum

April 25-27, 2017 - Exhibition Center Kyiv Expo Plaza, Kiev City, Ukraine
To learn more or to register click here.


IMTJ Medical Travel Awards

April 26, 2017 - Milenij Hotel and Conference Centre, Opatija, Croatia
To learn more or to register click here.


Destination Health: The Medical Travel Summit USA

April 30 - May 3, 2017 - The Marriott Wardman Park Hotel, Washington, DC
To learn more or to register click here.


Indonesia Health, Medical Treatment and Tourism Expo

May 11-14th, 2017 - Jakarta Convention Center - Indonesia
To learn more or to register click here.



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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

Regulation Planned for Medical Tourism to Israel
IMTJ.com-The Ministerial Committee on Legislation has approved a bill to regulate medical tourism to Israel. A register will be compiled of medical tourism agents with set preconditions for those wishing to register.

North America Outbound Medical Tourism Services Market expected to grow at a CAGR of 25.5% during 2016 to 2026
Newsmaker.com.au-According to a new report published by Future Market Insights titled "Outbound Medical Tourism Services Market: North America Industry Analysis and Opportunity Assessment, 2016-2026", the North America outbound medical tourism services market is expected to reach a market valuation of U.S. $15.53 Bn by 2016 end and this is likely to increase to U.S. $150.36 Bn by 2026.

QC Wants to be Top Medical Tourism Stop
Thestandard.com.ph-Quezon City is aiming for the top of the country's medical tourism industry.

Many Americans Travel to Other Countries for Medical Care
Learningenglish.voanews.com- Eleven million people worldwide travel to other countries for low-cost medical treatment.

Philippines: Quezon City 'Very Ripe' to Become Medical Tourism Hub
Outbreaknewstoday.com- "Medical tourism" refers to traveling to another country for medical care.

Market Research on Medical Tourism Market Forecast and Analysis
2degreesnetwork.com- The conventional definition of medical tourism was restricted as alternative to pharmaceutical and surgical treatments and included several eastern medicine therapies such as Unani, Chinese medicine, Ayurveda, Yoga and other forms of traditional Indian medicine to treat, control and cure lifestyle diseases.

 

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.

 

BRAND-NEW MARKETING OPPORTUNITY

Are you interested in spreading the word about your new business or platform? Have you considered a sponsored article? Medical Travel Today and U.S. Domestic Medical Travel are offering a brand-new marketing opportunity to help YOU increase your audience and generate exposure. Contact us at editor@medicaltraveltoday.com for additional details and pricing. We look forward to your participation!

 

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.