Tuesday, April 02, 2013

Medical Tourism Industry and Some Important Global Conferences in 2013

Medical Tourism

Medical tourism, also called health tourism and wellness tourism, can be defined as people movement from industrialized nations (especially from the U.S., Canada, Great Britain, Western Europe, Australia, and The Middle East) to less developed areas of the world for undergoing affordable medical, dental, and surgical procedures.

By the year 2022, tourism and healthcare will have become a defining global industry, a WTO report on medical tourism said. Total size of the medical tourism market reportedly reached $100bn as of December 2012. The greatest factors that favor medical tourism are affordability (cost efficiency), availability (wait time ratio), specialization and quality of treatment.

Several companies and organizations are involved in the international medical tourism sector. Some of these active players in the health tourism field are: dedicated medical tourism providers; private and state medical trusts; diagnostics centres and clinics; rehabilitation centres; health resorts; consultancy, service and insurance companies; specialized travel operators; airline representatives; and, flag carriers, private air companies and air ambulances. 

Upcoming conferences

IMTEC 2013, the International Medical Travel Exhibition and Conference forum will be arranging a meeting for the global medical travel (health travel) industry to meet together, do business, network and formulate best practice under one roof during March 22-23, 2013 at Grimaldi Forum, Monaco.

Another medical tourism related conference, 2013 CMTR European Medical Tourism Research Symposium, will be held during April 26-27, 2013 at Heidelberg, Germany. The symposium will be open to all interested stakeholders in the emerging global industry of medical tourism.
The CMTR website also said its annual conference will be co-locating with the 4th Annual Meditour Conference during June 5-6, 2013 at Hyatt Regency - Orange County, California, United States of America (Anaheim- near the Disneyland resort).

It is a well known fact that the robust Indian healthcare industry is in a phenomenal expansion mode and the country is considered as a leading promoter of medical tourism. To this effect, The Confederation of Indian Industry (CII) will be organizing an International Conference and Exhibition on Health Tourism on April 19 & 20, 2013 at Chennai Trade Centre, Chennai.