Healthcare tourism: Should specialists in the United States be worried?
Countries across the world have been seeing an incredible increase in the number of patients traveling great lengths to receive medical treatment. Medical tourism, healthcare tourism, medical travel – no matter what you call it, it is on the rise.
The most common source of this phenomenon comes from affluent or upper middle-class individuals who are seeking for affordable alternatives to healthcare procedures. Many Israelis and Americans are traveling to Jordan for its ability to deliver state-of-the-art surgeries and treatments for as much as 80 percent cheaper than if the patient had received it in their home country. In fact, these trips have become such a part of the Jordanian medical industry that it has begun handing out medical tourism provider awards.
Dubai similarly has taken up the mantle of providing skilled but affordable services, with medical tourism revenues in the country projected to exceed $710 million by 2020. By the same period, India is expected to earn around $8 billion in medical tourism revenues. Mexico, Thailand, China – all around the world it is the same story.