Medical Tourism Network Thailand, Study Report - Health

Upon approval of the strategic program to create Thailand as a Medical Hub of Asia, the program aims to promote related sectors consist of medical care services, well being promotion tourism, and Thai herbal & well being items. The core business in the medical care services is the private hospitals and the number is now up to 256 private hospitals all more than the country. In addition, there is way more than a hundred of private hospitals be able to accommodate the foreign buyers. Because 2002 the number of foreign buyers in Thailand is high and has risen each and every year. There had been 1.42 million foreign buyers employing medical care services in Thailand and produced revenue up to 37,300 million Baht specifically in 2007.The medical care services distribute revenue to other linkage industries, for example, pharmaceutical, medical gear, medial tourism, hotels, restaurants, and so on. consequently, the growth bring about job creation and financial expansion overall.A ccordingly, the importance of those organizations to tourism industry brought on Tourism Authority of Thailand to study the Structure of Enterprise Investment in the Medical Tourism Sector related to the big industry : private hospitals and its linkage industries in order to acquire useful data to additional create approaches and policies to promote and bolster the medical tourism industry.Purposes of the Study

Improve the competitiveness of the entrepreneurs and investors of each huge-sized enterprises and little and medium enterprises (SMEs). Help medical tourism-linkage industries. Promote investment in the tourism industry. Minimize investment complications and obstacles in dealing with the government sector.

Scope of the Study

Target group : The target of this study can be divided into 3 groups as follows Major industry entrepreneurs: The names of the private hospitals with the possible to accommodate foreign tourists or buyers had been sorted out from the official national private hospital list of Therapeutic Disease Division, Department of Wellness Help Services, Ministry of Public Wellness (Data on September 2008). It is located that there are 132 private hospitals nationwide which are eligible for this study. Linkage industry entrepreneurs: 37 linkage industry entrepreneurs with the possible to accommodate foreign tourists or buyers had been chosen by purposive sampling so as to be the sample of each and every industry. Experts and policymakers: 12 medical tourism public organizations and associations had been chosen. Major competing countries: The possible competing countries in the exact same region with the goal to promote their medical tourism and to attract foreigners to use medical ca re services inside their countries, namely, Singapore, Malaysia, India, and South Korea had been chosen. Target places: In this study, the target places are divided into 3 places by the possible in terms of tourism and medical care services, and in each and every location, there are possible private hospitals as follows High Potential Tourism Provinces : 92 Potential private hospitals. Medium Potential Tourism Provinces : 29 Potential private hospitals Border Provinces : 11 Potential private hospitals

Terms:Medical Tourism refers to the traveling with the objective to acquire medical care services in common hospitals or medical centers. The actions consist of treatments, well being prevention and well being rehabilitation, for example, check-up, medical treatments, dentistry, cosmetics surgery, transsexual surgery, and so on. This study disregards holistic well being or well being promotion tourismPotential private hospital refers to the hospital which fulfils the following criteria:

Supplies medical care services with modern day medical gear and technology by specialist physicians, handy and speedy services with hospitality, and has the possible to assistance foreigners. There will need to be well being treatments services, e.g. Medical Check up Medical Remedies Dental Remedy Lasik Cosmetic Surgery / Plastic Surgery Physical Therapy Target foreigners including Leisure Tourists Medical tourists who intend to use medical care services, excluding wellness tourists who intend to use healthful services, e.g. spas, Thai massage and and so on. Expatriates Has the possible to accommodate foreign tourists with supporting facilities and personnel, such as Getting personnel to take care of foreigners, e.g. interpreters and the foreign client care staff, and so on. Getting facilities for foreigners, e.g., rooms, international foods, cable Tv, magazines, and and so on.

Private hospitals can be divided into 3 sizes as follows

A little sized hospital refers to the hospital with 31-50 beds. A medium sized hospital refers to the hospital with 51-150 beds. A huge sized hospital refers to the hospital with way more than 150 beds.

High Potential Tourism Provinces refers to a big tourism destination with the high possible to present tourism and medical care services, including the following provinces.

Bangkok Metropolitan Area and its vicinity Central Region Hua Hin - Cha-am Districts (Prachuapkhirikhan and Phetchaburi) South Region Phuket and Koh Samui (Suratthani) North East Region Udonthani North Region Chiang Mai East Region Pattaya (Chonburi)

Medium Potential Tourism Provinces refers to a minor tourism destination with the moderate possible to present tourism and medical care services, including the following provinces.

Central Region Ayutthaya, Kanchanaburi, Lopburi, and Ratchaburi South Region Songkhla (Hatyai), Trang, Krabi, Nakhonsithammarat,Ranong and Chumphon North East Region Nakhonratchasima, Khon Kaen and Loei North Region Nakhonsawan, Phitsanulok, Maehongson and Sukhothai East Region Rayong and Chanthaburi

Border Tourism Provinces refers to a tourism destination or location connected to the neighboring countries which has the moderate possible to present tourism and medical care services, including the following provinces.

Chiang Rai Tak Mukdahan Nong Khai Ubonratchathani Nakhonpanom Sakaeo Trat Yala (Betong)

Inexpensive price tag (not expensive) indicates getting lower medical expenses with the exact same medical service provided by other countries.Worth funds indicates the satisfaction obtained immediately after employing services. While the expense is greater, the consumer is willing to pay and feel worth funds with reasonable price tag.Enterprise partner refers to an organization or a firm which has some degree of involvement with a single an additional, for example, being suppliers, buyers, and distributors, and so on. This contains the organizations linkage to raw supplies, intermediate goods, final goods, and services. The business which can share their buyers with each and every other is also included. Typically, business partners typically assistance each and every other people business operation.Distributor refers to a general person, a legal person, or an organization which is officially assigned as a product and/or service distributor of a certain firm or organizati on.1.) Scenario of Global Medical TourismMedical tourism gains high reputation from tourists around the globe. Concerning the data provided by Bworldonline and ITRI Industrial Economics & Information Center, IEK, it is stated that in 2005 there had been 19 million medical tourists worldwide, creating revenue of up to 20,000 million US dollars in total. It is also projected that this industry would be bigger, double in size in reality, equivalent to 40 million medical tourists worldwide or revenue of 40,000 million US dollars in 2010.There are several very important aspects facilitating the growth of medical tourism industry as followsFirst, most many people of created countries, especially the US, are not in the public well being insurance coverage process. Concerning the report of the US Census Bureau conducted in the course of 2007-2008, it is located that 86.7 million Americans or 29% of all do not have any well being insurance coverage.Second, the US well being service e xpenses tend to continuously rise, resulting in an enhance in medical expenses. Currently, the US has the worlds highest medical expenses.Third, the medical care services in created countries, e.g. the US, Canada, England, Sweden, Italy, and so on. typically have a lengthy waiting list, so it takes quite lengthy time to access the services in those countries.Fourth, the medical expenses in developing countries and Asian countries are considerably cheaper than the expenses in the US and the European countries.Fifth, currently, the quality of medical care services in developing countries and Asian countries is equivalent or even greater than the a single of created countries.Sixth, due to the cut off the rising medical expenses of some huge sized organisations in the US, they tend to favor medical outsourcing by letting their staff get medical treatments abroad with lower medical expenses.Major Industry Top CountriesCurrently, Asia is regarded as as the worlds highest possible medical tourism continent and generates revenue of up to 3.4 billion US dollars from foreigners expenses, or equivalent to 12.7% of the global market, which is estimated to be 26.77 billion US dollars in total. In reality, the growth of medical tourism in Asia is projected to develop at a CAGR of 17.6% in the course of 2007-2012.

(Supply)/mtnblog/