Medical tourism growing at annual growth rate of about 20% per year

Published on : Monday, February 11, 2013

Medical tourism should be seen as the ‘healing treatment’ segment of the overall health tourism market, while fitness and wellness holidays should be seen as the ‘prevention’ segment, Professor Helmut Wachowiak, of the International University of Applied Sciences Bad Honnef (IUBH), near Bonn, Germany, said at the Pisa forum.

Although reliable facts and figures about the market are rare, the latest estimates put the worldwide medical tourism market at anywhere between $40 billion and $60 billion in 2012, and with annual growth rates of about 20% a year, he said.

One survey last year estimated that 3-4% of the world population already travels to foreign countries for medical treatment while the pent-up demand could be much larger with as many as 53% of Europeans saying they would travel abroad for treatment.

According to IPK’s World Travel Monitor, health and medical travel accounted for a total of 9.4 million trips in 2011, or 2.4% of all European outbound travel. Over the past five years, health vacations by Europeans have increased by 38% while medical tourism has gone up by 24%, the IPK research found.

A representative survey by the IUBH last year found that 52% of German adults could imagine travelling abroad for medical treatment, including dental treatment and surgery, mostly due to lower costs abroad or for treatment that is not available in Germany.

Source:- Medical Tourism

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

arrow2Follow TTW
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo


  • 01 AIME 2018 BB
  • 02 WTM Latin America 2018
  • 03 EMITT 2018
  • 04 AIME-2018 small
  • 05 itb-china 2018
  • 06 Central & Eastern Europe 2018
  • 06 imtm 2018
  • 06 TTF-2018
  • 07 balttour 2018
  • 07 ibtm arabia 2018
  • 08 mice-arabia 18
  • 08 OTM 2018
  • 09 The hotel shows audiarabia 18
  • 10 hotelfair 2018
  • 10 miceforum 18
  • 11 Digital Travel 2018
  • 30 PATA


Get our toolbar!
Review on