Medical tourism and Economy

The main impact of medical tourism is that it brings direct foreign exchange earnings and contributes greatly to government revenues. It offers employment and business opportunities to the local people. Medical tourism is an enormous source of foreign exchange for destination economies because foreign medical tourists bring in foreign currency to pay for different goods and services they receive during their medical journey. Medical tourism is an emerging global industry, with a range of key stakeholders with commercial interests including health care providers, insurance provision, website providers and conference and media services. Since medical tourism attracts the high-end tourists from developed and developing nations, it gives an economic boost to not only developed countries but also small or deprived regions, which otherwise are rich in traditional methods of health.

  • Globalisation of the health care market
  • Healthcare costs
  • Marketing strategies
  • Marketing tools in medical tourism

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