Medical Tourism Network Thailand, Study Report - Well being

Upon approval of the strategic plan to develop Thailand as a Medical Hub of Asia, the plan aims to promote associated sectors consist of medical care services, well being promotion tourism, and Thai herbal & well being goods. The core business enterprise in the medical care services is the private hospitals and the number is now up to 256 private hospitals all more than the nation. In addition, there is a great deal more than a hundred of private hospitals be in a position to accommodate the foreign buyers. Considering that 2002 the number of foreign buyers in Thailand is high and has risen just about every year. There were 1.42 million foreign buyers making use of medical care services in Thailand and developed income up to 37,300 million Baht specifically in 2007.The medical care services distribute income to other linkage industries, for instance, pharmaceutical, medical gear, medial tourism, hotels, restaurants, and so on. consequently, the growth bring about job creat ion and economic expansion overall.Accordingly, the value of those firms to tourism business triggered Tourism Authority of Thailand to study the Structure of Home business Investment in the Medical Tourism Industry associated to the big business : private hospitals and its linkage industries in order to obtain valuable information to additional develop tactics and policies to promote and bolster the medical tourism business.Purposes of the Study

Increase the competitiveness of the entrepreneurs and investors of both huge-sized enterprises and tiny and medium enterprises (SMEs). Support medical tourism-linkage industries. Promote investment in the tourism business. Lessen investment problems and obstacles in dealing with the government sector.

Scope of the Study

Target group : The target of this study can be divided into three groups as follows Major business entrepreneurs: The names of the private hospitals with the possible to accommodate foreign tourists or buyers were sorted out from the official national private hospital list of Therapeutic Disease Division, Department of Well being Support Services, Ministry of Public Well being (Information on September 2008). It is discovered that there are 132 private hospitals nationwide which are eligible for this study. Linkage business entrepreneurs: 37 linkage business entrepreneurs with the possible to accommodate foreign tourists or buyers were chosen by purposive sampling so as to be the sample of each business. Experts and policymakers: 12 medical tourism public organizations and associations were chosen. Major competing nations: The possible competing nations in the identical region with the aim to promote their medical tourism and to attract foreigners to use medical care serv ices within their nations, namely, Singapore, Malaysia, India, and South Korea were chosen. Target regions: In this study, the target regions are divided into three regions by the possible in terms of tourism and medical care services, and in each area, there are possible private hospitals as follows High Prospective Tourism Provinces : 92 Prospective private hospitals. Medium Prospective Tourism Provinces : 29 Prospective private hospitals Border Provinces : 11 Prospective private hospitals

Terms:Medical Tourism refers to the traveling with the objective to obtain medical care services in regular hospitals or medical centers. The actions include things like treatments, well being prevention and well being rehabilitation, for instance, check-up, medical treatments, dentistry, cosmetics surgery, transsexual surgery, and so on. This study disregards holistic well being or well being promotion tourismPotential private hospital refers to the hospital which fulfils the following criteria:

Gives medical care services with modern day medical gear and technologies by specialist medical doctors, handy and fast services with hospitality, and has the possible to help foreigners. There ought to be well being treatments services, e.g. Medical Check up Medical Treatments Dental Remedy Lasik Cosmetic Surgery / Plastic Surgery Physical Therapy Target foreigners which includes Leisure Tourists Medical tourists who intend to use medical care services, excluding wellness tourists who intend to use healthful services, e.g. spas, Thai massage and and so on. Expatriates Has the possible to accommodate foreign tourists with supporting facilities and personnel, such as Having personnel to take care of foreigners, e.g. interpreters and the foreign client care staff, and so on. Having facilities for foreigners, e.g., rooms, international foods, cable Tv, magazines, and and so on.

Private hospitals can be divided into three sizes as follows

A tiny sized hospital refers to the hospital with 31-50 beds. A medium sized hospital refers to the hospital with 51-150 beds. A huge sized hospital refers to the hospital with a great deal more than 150 beds.

High Prospective Tourism Provinces refers to a big tourism destination with the high possible to present tourism and medical care services, which includes the following provinces.

Bangkok Metropolitan Location and its vicinity Central Region Hua Hin - Cha-am Districts (Prachuapkhirikhan and Phetchaburi) South Region Phuket and Koh Samui (Suratthani) North East Region Udonthani North Region Chiang Mai East Region Pattaya (Chonburi)

Medium Prospective Tourism Provinces refers to a minor tourism destination with the moderate possible to present tourism and medical care services, which includes the following provinces.

Central Region Ayutthaya, Kanchanaburi, Lopburi, and Ratchaburi South Region Songkhla (Hatyai), Trang, Krabi, Nakhonsithammarat,Ranong and Chumphon North East Region Nakhonratchasima, Khon Kaen and Loei North Region Nakhonsawan, Phitsanulok, Maehongson and Sukhothai East Region Rayong and Chanthaburi

Border Tourism Provinces refers to a tourism destination or area connected to the neighboring nations which has the moderate possible to present tourism and medical care services, which includes the following provinces.

Chiang Rai Tak Mukdahan Nong Khai Ubonratchathani Nakhonpanom Sakaeo Trat Yala (Betong)

Low-priced price tag (not high priced) indicates having lower medical expenses with the identical medical service offered by other nations.Worth income indicates the satisfaction obtained soon after making use of services. Though the expense is higher, the consumer is willing to pay and really feel worth income with reasonable price tag.Home business partner refers to an organization or a business which has some degree of involvement with a single one other, for instance, becoming suppliers, buyers, and distributors, and so on. This consists of the firms linkage to raw materials, intermediate goods, final goods, and services. The business enterprise which can share their buyers with each other is also included. Generally, business enterprise partners typically help each other individuals business enterprise operation.Distributor refers to a general individual, a legal individual, or an organization which is officially assigned as a item and/or service distributor of a dist inct business or organization.1.) Scenario of Global Medical TourismMedical tourism gains high recognition from tourists about the globe. Relating to the information offered by Bworldonline and ITRI Industrial Economics & Understanding Center, IEK, it is stated that in 2005 there were 19 million medical tourists worldwide, creating income of up to 20,000 million US dollars in total. It is also projected that this business would be bigger, double in size in truth, equivalent to 40 million medical tourists worldwide or income of 40,000 million US dollars in 2010.There are a few imperative components facilitating the growth of medical tourism business as followsFirst, most people of developed nations, specifically the US, are not in the public well being insurance coverage system. Relating to the report of the US Census Bureau conducted in the course of 2007-2008, it is discovered that 86.7 million Americans or 29% of all do not have any well being insurance coverage.Second, th e US well being service expenses tend to continuously rise, resulting in an boost in medical expenses. Presently, the US has the worlds highest medical expenses.Third, the medical care services in developed nations, e.g. the US, Canada, England, Sweden, Italy, and so on. typically have a extended waiting list, so it takes very extended time to access the services in those nations.Fourth, the medical expenses in building nations and Asian nations are drastically more affordable than the expenses in the US and the European nations.Fifth, currently, the high quality of medical care services in building nations and Asian nations is equivalent or even higher than the a single of developed nations.Sixth, due to the cut off the rising medical expenses of some huge sized businesses in the US, they tend to choose medical outsourcing by letting their staff get medical treatments abroad with lower medical expenses.Major Marketplace Top CountriesCurrently, Asia is deemed as the worlds h ighest possible medical tourism continent and generates income of up to three.4 billion US dollars from foreigners expenditures, or equivalent to 12.7% of the international marketplace, which is estimated to be 26.77 billion US dollars in total. In truth, the growth of medical tourism in Asia is projected to develop at a CAGR of 17.6% in the course of 2007-2012.

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