Healthcare cuts will increase medical tourism

By Admin
Cuts and reductions in the financial budgets of healthcare services in the UK will acts as a huge boost to medical tourism across Europe. A study carri...

Cuts and reductions in the financial budgets of healthcare services in the UK will acts as a huge boost to medical tourism across Europe.

A study carried out by the Economist Intelligence Unit (EIU) has suggested the healthcare industries in developing countries will benefit as financial restraints continue to be exercised in richer nations.

The EIU report has shown France and Germany are among the most popular European destinations for medial tourism, with Belgium and Poland proving to be up-and-coming destinations too.

To read the latest edition of Healthcare Global, click here

To read Healthcare Global's special report on medical tourism, click here

It is also suspected that an imminent EU directive on Cross-Border Healthcare, which is due in 2013, will increase the number of active medical tourists even more.

As part of the new directive, patients will be reimbursed for any medical treatments they receive in foreign countries.

According to current figures, 50,000 people travel from the UK seeking healthcare procedures.

Over the past decade, the level of outbound medical travel from Britain has dramatically surpassed that of the inbound medical travel.

The report noted “Both inbound and outbound hit 51,000 travellers in 2009, but that represented only 13% growth for inbound travellers since 2002.

“The number of outbound medical tourists, meanwhile, had risen by 170% over the same period.”

It is thought an ageing popular is “shifting the flow” and reversing the trends of medical tourism, as previously rich residents of developing countries travelled to Westernised nations for superior healthcare.

The most sought-after treatments are those which are not catered for very well, if at all, on the NHS – hip and knee replacements, laser eye surgery, fertility, cosmetic surgery and dental treatments.

The report stated: “Many developing countries are building up world-class healthcare facilities at just the time when healthcare cost pressures in the developing world are rising rapidly.

“This is already encouraging a shift in the flow of traffic.”

However, the EIU did stress international regulation standards for medical tourism and its practices need to be put in place.

It said: "The long waiting lists for body parts in many developed countries, and the amount that desperate patients are prepared to pay for a transplant, raise the danger that poorer local people will be coerced into illegal organ donations.”

Our magazine is now available on the iPad. Click here to download it.


Featured Articles

The Taiwan Excellence Award Winners on new technologies

Cypress Technology, Dacian Technology Material, Chroma ATE, Taiwan Advanced Nanotech & iDRC Chyng Hong Electronics are the Taiwan Excellence Award Winners

World Hepatitis Summit 2022 to support healthcare workers

The World Hepatitis Summit 2022 calls to prevent viral hepatitis as cases soar in children and healthcare workers struggle with the stigma

5 minutes with Yoni Nevo, CEO of Sweetch

At behavioural science company Sweetch, CEO Yoni Nevo treats chronic illnesses with digital therapeutics solutions, using AI & emotional intelligence

Canada’s telehealth support for Ukrainian healthcare workers

Technology & AI

How Contura’s hydrogel technology can help patients knees

Technology & AI

MVP Health Care’s Kim Kilby on hybrid healthcare’s future