south korea medical tourism revenue

South Korea has attained the status of leading medical tourism destination in the world on low treatment cost and world-class healthcare facilities. 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.. Get access to latest market research reports with prime focus on global markets and industries along with analysis, market drivers, insights and many more with reach over to consulting projects 3. 2.2 South Korea – Overall Medical Tourists Revenue. Medical Procedures – Cost Comparison Analysis. Source countries. Tourists coming for medical tourism in South Korea, come from 188 countries. South Korea Medical Tourism Market Potential, 2019 - Well Placed Globally for Asian & European Customers - ResearchAndMarkets.com March 20, 2019 10:51 AM Eastern Daylight Time 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.. 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 … China is likely to maintain dominance in South Korea Medical Tourism revenue share by the year end of 2022. Key Drivers and Inhibitors of the South Korea Medical Tourism Market 4.1 Market Drivers 4.2 Inhibitors. In 2012, the country received about 160, 000 medical tourists. International tourists are a significant source of revenue for the region's private hospitals. China is likely to maintain dominance in South Korea Medical Tourism revenue share by the year end of 2022. Seoul Guide Medical is the Korea’s biggest and most reliable government-approved medical tourism located at the heart of South Korea. This figure jumped to about 399,000 in 2013. 6. This figure may reach 998,000 by … China contributed more than 35% share in 2016. In 2015, the country got about 598,000 medical tourists. Chinese medical tourists play a significant role in contributing revenue to the South Korea economy. By Country – South Korea Medical Tourism Market Share & Forecast (2009 – 2022) 4. Medical tourism accounted for 25% of revenue in India and 10-15% of revenue in the Philippines, South Korea… Other countries such as Japan, Russia, Kazakhstan and UAE emerge as the largest revenue generators in the South Korea Medical Tourism Market. United States spot at second position in the revenue share with XX% share. China is likely to maintain dominance in South Korea Medical Tourism revenue share by the year end of 2022. Chinese medical tourists play a significant role in contributing revenue to the South Korea economy. China contributed more than 35% share in 2016. An increasing number of patients were from Uzbekistan, Vietnam and the Philippines. 5. Foreign patients visited Korea in the first six months of 2009 spent slightly above US$ 60 Million on treatments, as reported by The Chosun IIbo . The Ministry of Health and Welfare has released detailed figures on 2016 medical tourism.According to the South Korea Ministry of Health and Welfare the number of foreign medical tourists increased to more than 364,000 in 2016, up 23% from 2015.. We are the medical tourism service provider in-partnerships with prestigious hospitals specialized in the field of Plastic Surgery, Skin Care, Dental and overall hospital care. 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