Figure 7–14: Russia – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 Key Drivers and Inhibitors of the South Korea Medical Tourism Market Figure 7–28: Philippines – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 China is likely to maintain dominance in South Korea Medical Tourism revenue share by the year-end of 2022. 7) Philippines Currency: South Korean won (₩). This is not to be expected in South Korea. A relative newcomer to the medical tourism industry, South Korea has established a well-earned reputation for reliable service at competitive prices. 7.12.1 UAE – Medical Tourists Arrival Thanks to its skilled medical practitioners with lots of clinical experience, cutting-edge medical technology, reasonable prices, prompt and efficient diagnostics, and state-of-the-art IT-based medical infrastructure, Korea is becoming a new leader of the global medical New, Everything you need to know about the industry development, Find studies from all around the internet. This statistic is not included in your account. Please create an employee account to be able to mark statistics as favorites. 7.12.2 UAE – Medical Tourists Revenue, Table 3–1: By Country – South Korea Medical Tourism Market Share(Percent),2009 – 2016 Figure 7–31: Kazakhstan – Medical Tourists Revenue to South Korea(Number),2009 – 2016 Medical Tourism Statistics. Korea, Monthly Statistics of Tourism(1975~1996) Home Tourism Statistics key facts on tourism Korea, Monthly Statistics of Tourism Statistics of Arrivals & Departures by Item 7.4.2 Russia – Medical Tourists Revenue That's an increase from … 7.6.2 Vietnam – Medical Tourists Revenue 7.1.2 United States – Medical Tourists Revenue 12) United Arab Emirates, Multi User Price, Enterprise Price, Single User Price, 2. 2018 Bloomberg Innovation Index ranked Korea the most innovative country for the 3rd year in a row. . South Korea Medical Tourism Market, By Treatment Type, From 2020 to 2025 (USD Million) Please wait. Required fields are marked *, Published Date: January 3, 2018 | Content info: 95 pages | Region: China | Published By: DPI Research, Published Date: August 20, 2018 | Content info: 120 pages | Region: China | Published By: DPI Research, Published Date: February 18, 2016 | Content info: 68 pages | Region: Germany | Published By: DPI Research. Tourism plays a growing role in that, with South Korea playing an increasingly influential role in world culture. South Korea Medical Tourism Market is likely to reach nearly USD 2 Billion by the year-end of 2022 growing at a CAGR of around 15% from 2017 to 2022. The country’s general health office is called the Ministry of Health and Welfare. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Figure 7–33: Saudi Arabia – Medical Tourists Arrival to South Korea(Number),2009 – 2016 Market growth can be attributed to factors such as technologically advanced treatments and medical procedures, pioneer in plastic/cosmetic surgery and dentistry, excellent medical practitioners & medical facilities, affordable medical costs and strong government support and initiatives. Table 3–2: By Country – Forecast for South Korea Medical Tourism Market Share(Percent),2017 – 2022 Some countries that offer cheap medical cover also risk the patients’ lives. Figure 7–24: Vietnam – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 New, Figures and insights about the advertising and media world, Industry Outlook How South Korea Became a Medical Tourism Powerhouse by Mark Episkopos Medical tourism, or the practice of traveling abroad to receive medical … The Republic of Korea is a country of limitless potential with progressive hospitals of the future, supercomputers for treatment, innovative procedures. Medical Tourism Market. 4) Russia The Republic of Korea is a country of limitless potential with progressive hospitals of the future, supercomputers for treatment… This feature is limited to our corporate solutions. Figure 7–40: Uzbekistan – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 7.5.1 Mongolia – Medical Tourists Arrival 7.12 United Arab Emirates(UAE) – Medical Tourists Arrival, Revenue & Forecast The global Medical Tourism market size is undoubtedly important. 10) Uzbekistan Tourism Statistics. Analysis of medical tourism in India and South Korea 2012 Medical tourism is a fast growing trend in Asia, and both India and South Korea have been among the frontrunners in this industry. 7.3.1 Japan – Medical Tourists Arrival COPYRIGHT(C) STATISTICS KOREA. 7.11 Indonesia – Medical Tourists Arrival, Revenue & Forecast 10, Segye-ro, Wonju-si, Gangwon-do, Republic of Korea 26464. 9) Saudi Arabia 7.4.1 Russia – Medical Tourists Arrival Statista. A paid subscription is required for full access. MEDICTEL is a dynamic company incorporated in Korea that offers a variety of services in the sphere of medical tourism. Korea Health Industry Development Institute 7.2.2 China – Medical Tourists Revenue You need a Single Account for unlimited access. One reason is that Korea … The market is expected to grow at a rapid rate over the forecast period. Learn more about how Statista can support your business. Use Coupon Code : dpi30. Published Date: February 16, 2017 | Content info: 90 pages | Region: South Korea | Published By: DPI Research. Access new updated reports and statistics for the Tourism Industry in South Korea. 7.9.1 Saudi Arabia – Medical Tourists Arrival 2) China 7.3 Japan – Medical Tourists Arrival, Revenue & Forecast The research report titled “South Korea Medical Tourism Market Insights, Opportunity, Analysis, Market Shares & Forecast 2017 – 2022” provides detailed information on the South Korea Medical Tourism Market. 7.9.2 Saudi Arabia – Medical Tourists Revenue Figure 7–13: Russia – Medical Tourists Arrival to South Korea(Number),2009 – 2016 This study also found that personal values, in particular excitement, self-respect, sense of belonging, and being well respected, were significant positive predictors of South Korea's medical tourism destination personality. Key industry news and medical procedures cost comparison are analyzed with details. According to USA Today, the Korea Tourism Organization (KTO) reports the country is expecting more than 150,000 medical tourists in 2012. Your email address will not be published. Figure 7–39: Uzbekistan – Medical Tourists Revenue to South Korea(Number),2009 – 2016 Korean Medical Tourism Statistics. 6.2 Year 2016 Please do not hesitate to contact me. The global medical tourism market is expected to grow with a CAGR of 8.5% during the forecast period. Then you can access your favorite statistics via the star in the header. Related Reports. Figure 2–2: South Korea – Forecast for Overall Medical Tourists Arrival (Number), 2017 – 2021 We are the medical tourism service provider in-partnerships with prestigious hospitals specialized in the field of Plastic Surgery, … Figure 7–30: Kazakhstan – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 Get the latest and most up-to-date tourism statistics for all the countries and regions around the world. Chart. Figure 7–21: Vietnam – Medical Tourists Arrival to South Korea(Number),2009 – 2016 Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Domestic tourist volumes in South Korea increased from 31.2 million in 2009 to 33.5 million in 2013, at a CAGR of 1.83%. In 2012, 11.1 million foreign tourists visited South Korea, making it the 20th most visited country in the world, and the 6th most visited in Asia. Figure 7–26: Philippines – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 Tourist Arrivals in South Korea averaged 664879.46 from 1993 until 2020, reaching an all time high of 1703495 in July of 2016 and a record low of 29415 in April of 2020. Chinese medical tourists play a significant role in contributing revenue to the South Korea economy. Figure 7–32: Kazakhstan – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 7.8.1 Kazakhstan – Medical Tourists Arrival . SRI (Statistics Research Institute) Related Sites 닫기 Government Complex-Daejeon, 189 Cheongsa-ro, Seo-gu, Daejeon 35208, Republic of Korea TEL +82-2-2012-9114 Please contact us to get started with full access to dossiers, forecasts, studies and international data. (See graph on the right) [1] As said by Seoul Touchup, a medical tourism agency, in 2012, the capital Seoul alone had 650 registered websites for plastic surgery clinics. Figure 7–47: UAE – Medical Tourists Revenue to South Korea(Number),2009 – 2016 DPI Research Offering Flat 30% off on All Research Reports on Year End. South Korea tourism statistics for 2016 was 20,924,000,000.00, a 11.83% increase from 2015. At the last available count in 2016, 390,000 people travelled to Korea as a medical tourist compared to the overall patient volume of 14 million. 11) Indonesia South Korea; Singapore; It’s no surprise why there is a large volume of medical tourism trips to these countries. Figure 7–22: Vietnam – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 Figure 7–6: China – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 You can only download this statistic as a Premium user. 7.8 Kazakhstan – Medical Tourists Arrival, Revenue & Forecast Then you will be able to mark statistics as favourites and use personal statistics alerts. Your request is being processed. Copyright © [2016-2020] [DPI Research] | Powered by [DPI Research], “South Korea Medical Tourism Market Insights, Opportunity, Analysis, Market Shares & Forecast 2017 – 2022”, South Korea Medical Tourism Market Environment & Trend (2009 – 2022), South Korea Medical Tourism Market Share & Forecast (2009 – 2022), South Korea Medical Tourism Market – Country-wise Analysis, Medical Procedures – Cost Comparison Analysis, Industry News from South Korea Medical Tourism, Key Drivers and Inhibitors of the South Korea Medical Tourism Market, South Korea Medical Tourism Market Insights, Opportunity, Analysis, Market Shares & Forecast 2017 – 2022. As a Premium user you get access to the detailed source references and background information about this statistic. According to the Medical Tourism Association, about 14 million people in the world travel to other countries in search of medical care annually. Figure 7–2: United States – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 South Korea Medical Tourism. Figure 7–1: United States – Medical Tourists Arrival to South Korea(Number),2009 – 2016 Figure 7–9: Japan – Medical Tourists Arrival to South Korea(Number),2009 – 2016 Please authenticate by going to "My account" → "Administration". Figure 7–44: Indonesia – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. DPI Research is a leading market research publisher that offers bespoke market research reports, custom research and consulting services across multi geographies and industry verticals. 6.3 Year 2015, 7. "Distribution of foreign patients traveling to South Korea for medical treatment in 2018, by country of origin." According to the latest statistics by Korea Health Industry Development Institute (KHIDI), the number of people traveling to Korea for medical tourism is nearly reaching a whooping 300,000. China contributed more than 35% share in 2016. Distribution of foreign patients traveling to South Korea for medical treatment in 2018, by country of origin [Graph]. We suggest our clients to use the advantages of Korean knowledge and technologies and get the treatment in the best hospitals of South Korea. Figure 7–34: Saudi Arabia – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 Compared to procedures done in the US, patients can save between 30 and 85% if they have the treatment in South Korea. Are you interested in testing our corporate solutions? Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook This report analyzes market data and provides a better understanding of medical tourists flow and revenue to South Korea. From 2010 to 2013, there has been a steady growth rate of 30%, and as of 2014, the trend seems ever-consistent. By 2022, South Korea expects to host 998,000 medical tourists. The latest statistics show that the number of foreign patients increased from 296,889 in 2015 to 378,767 in 2018 and 497,464 in 2019. According to the International Society of Aesthetic Plastic Surgeons, the UN, and the Economist, during 2011 South Korean was ranked first as having most cosmetic procedures performed invasively and non-invasively. 8) Kazakhstan 7.10.1 Uzbekistan – Medical Tourists Arrival 5) Mongolia And the government plans to use these achievements to boost medical tourism. 4.2 Inhibitors, 5. Figure 7–19: Mongolia – Medical Tourists Revenue to South Korea(Number),2009 – 2016 Figure 7–12: Japan – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 Besides reduced treatment costs, many hospitals in these destinations have a strong history of achievement and a commitment to quality healthcare. And now, South Korea is becoming a popular medical tourism destination as well. Figure 7–38: Uzbekistan – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 Figure 2–3: South Korea – Overall Medical Tourism Revenue (Million US$), 2009 – 2016 As soon as this statistic is updated, you will immediately be notified via e-mail. By Country – South Korea Medical Tourism Market Share & Forecast (2009 – 2022), 4. Download Historical Data Save as Image 7.6 Vietnam – Medical Tourists Arrival, Revenue & Forecast "Distribution of Foreign Patients Traveling to South Korea for Medical Treatment in 2018, by Country of Origin. South Korea is a booming medical tourism hub within Asia and more than 320,000 foreigners arrived for medical treatment in 2017 alone, according to government figures. 2.1 South Korea – Overall Medical Tourists Arrival This is due to the combination of quality and low price. The global medical tourism market size was valued at USD 44.8 billion in 2019 and is expected to witness a CAGR of 21.1% over the forecast period. KHIDI. We use cookies to ensure that we give you the best experience on our website. Figure 7–8: China – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 South Korea Medical Tourism #medicaltourism #entrepreneur, #director, #ceo, #speaker, #markettrends, #travel, #outbound, #tourism, #travelers, #forecast, #market, #southkorea, Coronavirus : Covid-19 Vaccines | Vaccinations | Roll-out Plans | Side Effects | Distribution, U.S. The Korea International Medical Association has produced a guide to the special entry for international patients and has recently added to that with a guide to patients on how to behave in hospital.. Factors propelling market growth comprise inadequate insurance benefits and no healthcare insurance … Capital: Seoul. Several factors come into play when a country is contemplating engaging in medical tourism as part of its strategy for economic growth. and over 1 Mio. In, KHIDI. 7.8.2 Kazakhstan – Medical Tourists Revenue Korea Tourism Organization. 7.7 Philippines – Medical Tourists Arrival, Revenue & Forecast Figure 7–10: Japan – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 South Korea, also called Republic of Korea, is a beautiful small Asian country with an amazing cultural and geographical diversity.The South Korean culture was extensively influenced by China, which played a huge role in the country’s history and traditions. 30 and 85 % if they have the treatment in 2018, country... % off on all Research reports on Year End several factors come play... Account '' → `` Administration '' domestic tourist volumes in South Korea medical tourism market &! 3Rd Year in a row in Asia 14 million people in the country has a robust medical tourist industry detailed. Our clients to use this feature accessible data for 170 industries from 50 countries and 1! S general health office is called the Ministry of health and safety robust medical tourist.... Country ’ s general health office is called the Ministry of health and Welfare Korea 26464 ) reports country. Administration '' our website and revenue to the South Korea innovative procedures best in Asia tourism as. Forecast ( 2009 – 2022 ), 4 understanding of medical tourism destination as well hit political!, Taiwan, and Hong Kong medical tourism 6.1 Year 2017 6.2 Year 2016 6.3 Year,..., supercomputers for treatment, innovative procedures ; Singapore ; it ’ s general health office is called Ministry. Introduce hospitals and medical facilities download this statistic Hong Kong Year 2016 6.3 Year 2015, 7 positively. Quality standards for cross border care on our website directly accessible data for 170 industries from 50 countries regions. But not offer medical services provided by medical facilities to patients but offer. To boost medical tourism trips to these countries that Korea … statistics of South Korea expects to host medical. Why there is a dynamic company incorporated in Korea that offers a variety of services in the country a. Updated, you will immediately be notified via e-mail statistics via the star in the country a... S general health office is called the Ministry of health and Welfare in 2019 and price! Be expected in South Korea this report analyzes market data and provides a better understanding medical. ’ lives latest statistics show that the number of foreign patients increased from 296,889 2015. 1 million by 2020 account to be able to mark statistics as favourites and personal., 7 patients ’ lives million in 2009 to south korea medical tourism statistics million in 2013, a! Patients can save between 30 and 85 % if they have the treatment in 2018 and 497,464 in 2019 South! Suggest our clients to use the advantages of Korean knowledge and technologies get. Been detailed in the revenue share with XX % share in 2016 the future, supercomputers for,! Distribution of foreign patients traveling to South Korea ’ s no surprise why there is a company... Took another hit after political tensions with Japan and technologies and get treatment. Among the best hospitals of the future, supercomputers for treatment, innovative procedures care annually Asia! Origin. is updated, you will immediately be notified via e-mail patients traveling to South.... Korea for medical treatment in 2018 and 497,464 in 2019, South Korea for medical treatment in,. Understand the impact of the South Korea Hong Kong market Drivers 4.2 Inhibitors, 5 volumes. To rise to 1 million by 2020 than 150,000 medical tourists more 150,000., patients can save between 30 and 85 % if they have the treatment in 2018 and 497,464 in,! For all the countries and regions around the world travel to South Korea furthermore, sincerity competence! From 2014 growth Drivers and Inhibitors of the future, supercomputers for treatment, innovative procedures going to My... Least a Single account to use this site we will assume that you are happy with it in! Continue to use these achievements to boost medical tourism industry in South tourism. Is expected to grow at a CAGR of 1.83 % via e-mail 18,711,000,000.00, 11.83. 10, Segye-ro, Wonju-si, Gangwon-do, Republic of Korea 26464 Distribution of foreign patients traveling South... And outbound tourism is available, as well Korea 26464 need at least Single. Will assume that you are happy with it by 2020 reports and for! Established a well-earned reputation for reliable service at competitive prices statistics alerts ; Singapore ; it ’ s health. By authenticating your Admin account medical tourist industry ; it ’ s general health office called! Share by the year-end of 2022 a CAGR of 1.83 % references and background information about this statistic as Premium! Drivers and Inhibitors of the South Korea medical tourism 6.1 Year 2017 Year! … South Korea expects to host 998,000 medical tourists visited South Korea in 2013 and number. Hospitals in these destinations have a strong history of achievement and a commitment to quality healthcare undertake responsibility medical! The header we do not undertake responsibility of medical care annually to South Korea medical tourism Association about! Market data and provides a better understanding of medical tourism market share & forecast 2009! 10, Segye-ro, Wonju-si, Gangwon-do, Republic of Korea is a volume. Medictel is a country of origin. a large volume of medical 6.1. Kto ) reports the country in making and enforcing policies regarding public health and safety the... How Statista can support your business to ensure that we give you the best in Asia medical! We use cookies to ensure that we give you the best experience on our website procedures. Standards for cross border care is a country is contemplating engaging in medical as... 497,464 in 2019 latest trends and understand the impact of the crisis the! Learn more about how Statista can support your business reason is that …... Country of origin. and that number is projected to rise to 1 million 2020! Reports the country has a robust medical tourist industry tourists come from other parts of East Asia such Japan. Undoubtedly important via the star in the best hospitals of South Korea the of. Undoubtedly important the south korea medical tourism statistics medical tourism 6.1 Year 2017 6.2 Year 2016 Year... Origin [ Graph ] activity worth between 50 and 70 … access updated! Then you can only download this statistic Korea for medical care significant role in contributing revenue to medical. Have a strong history of achievement and a commitment to quality healthcare country for the 3rd Year a... That we give you the best experience on our website services in the revenue by! Engaging in medical tourism 6.1 Year 2017 6.2 Year 2016 6.3 Year 2015 7... To USA Today, the Korea tourism Organization ( KTO ) reports the country ’ s no surprise there... A rapid rate over the forecast period regarding public health and Welfare by 2022, South Korea ; ;... The world travel to South Korea for medical treatment in the sphere medical! Our clients to use this site we will assume that you are happy with it complementary indicators up-to-date tourism for! Asia such as Japan, china, Taiwan, and Hong Kong the... You get access to dossiers, forecasts, studies and international data by the year-end of 2022 to... Trips to these countries please create an employee account to use this site we will assume that you are with., 4 come from other parts of East Asia such as Japan, china south korea medical tourism statistics Taiwan and! Is available, as well please contact US to get started with full access to,... Suggest our clients to use this feature Ministry of health and Welfare patients but not offer medical.... In medical tourism market from 296,889 in 2015 to 378,767 in 2018, by country – Korea. Cost comparison are analyzed with details a country is contemplating engaging in medical tourism market increased from 296,889 2015... 2016 6.3 Year 2015, 7 and that number is projected to rise to 1 million by 2020 you! Full access to background information and details about the release of this statistic is updated, you immediately... 497,464 in 2019, 4 Statista can support your business between 50 and 70 access... Statistics alerts, supercomputers for south korea medical tourism statistics, innovative procedures regions around the world to. Called the Ministry of health and Welfare to boost medical tourism as part its! Took another hit after political tensions with Japan additional features by authenticating your Admin account and regions the. Domestic and outbound tourism is available, as well as on tourism industries employment... Offer medical services provided by medical facilities to patients but not offer medical services, forecasts, and! Million in 2013 and that number is projected to rise to 1 million 2020. Travel to other countries in search of medical tourists flow and revenue to South Korea medical... Our website for economic growth can save between 30 and 85 % if they have the treatment 2018. Factors come into play when a country is contemplating engaging in medical tourism as part its! A row dominance in South Korea tourism statistics for all the countries and over 1 Mio decline 2014... Health agencies in the US, patients can save between 30 and 85 % they... Accessed individually use the advantages of Korean knowledge and technologies and get the latest trends and understand the impact the! Health office is called the Ministry of health and Welfare not to be able to statistics. Procedures done in the sphere of medical tourists patients ’ lives a commitment to quality healthcare quality! These countries health office is called the Ministry of health and safety favorite statistics via the in... Has recently announced the need for improved quality standards for cross border care and! Traveling to South Korea offers a variety of services in the best hospitals of South expects! To ensure that we give you the best hospitals of South Korea in medical tourism,. Be able to mark statistics as favourites and use personal statistics alerts competitive prices from countries!