Register in seconds and access exclusive features. Domestic tourist volumes in South Korea increased from 31.2 million in 2009 to 33.5 million in 2013, at a CAGR of 1.83%. 2) China Figure 2–4: South Korea – Forecast for Overall Medical Tourism Revenue (Million US$), 2017 – 2022 At the last available count in 2016, 390,000 people travelled to Korea as a medical tourist compared to the overall patient volume of 14 million. . The research report titled “South Korea Medical Tourism Market Insights, Opportunity, Analysis, Market Shares & Forecast 2017 – 2022” provides detailed information on the South Korea Medical Tourism Market. South Korea Medical Tourism Market – 12 Countries Covered, 1) United States United States spot at the second position in the revenue share with XX% share. Required fields are marked *, Published Date: January 3, 2018 | Content info: 95 pages | Region: China | Published By: DPI Research, Published Date: August 20, 2018 | Content info: 120 pages | Region: China | Published By: DPI Research, Published Date: February 18, 2016 | Content info: 68 pages | Region: Germany | Published By: DPI Research. 7.8 Kazakhstan – Medical Tourists Arrival, Revenue & Forecast Currency: South Korean won (₩). While plastic and skin surgery remains South Korea’s largest medical tourist attraction, internal medicine occupies a respectable and growing 20% share of ROK’s foreign medical procedures. Table 5–1: Cost Comparison Analysis,2016, Figure 2–1: South Korea – Overall Medical Tourists Arrival (Number), 2009 – 2016 Tourism plays a growing role in that, with South Korea playing an increasingly influential role in world culture. The Korea International Medical Association has been formed to encourage medical tourism. 7.1.1 United States – Medical Tourists Arrival Thanks to its skilled medical practitioners with lots of clinical experience, cutting-edge medical technology, reasonable prices, prompt and efficient diagnostics, and state-of-the-art IT-based medical infrastructure, Korea is becoming a new leader of the global medical Figure 7–31: Kazakhstan – Medical Tourists Revenue to South Korea(Number),2009 – 2016 Figure 7–2: United States – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 Key industry news and medical procedures cost comparison are analyzed with details. Figure 7–11: Japan – Medical Tourists Revenue to South Korea(Number),2009 – 2016 The ideal entry-level account for individual users. Figure 7–46: UAE – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 South Korea is a booming medical tourism hub within Asia and more than 320,000 foreigners arrived for medical treatment in 2017 alone, according to government figures. Get the latest and most up-to-date tourism statistics for all the countries and regions around the world. South Korea is a popular destination for medical tourism, only surpassed by the U.S. and Germany, according to a Korean survey of medical tourists in 2017. 2.1 South Korea – Overall Medical Tourists Arrival Figure 7–12: Japan – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 Figure 7–23: Vietnam – Medical Tourists Revenue to South Korea(Number),2009 – 2016 Figure 7–26: Philippines – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 Figure 7–44: Indonesia – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 Figure 7–1: United States – Medical Tourists Arrival to South Korea(Number),2009 – 2016 Market outlook in value terms for the forecasted period for South Korea Medical Tourism Market has been detailed in the report. 6) Vietnam 7.11.1 Indonesia – Medical Tourists Arrival 7) Philippines South Korea’s healthcare systems are among the best in Asia. Please create an employee account to be able to mark statistics as favorites. Other countries such as Japan, Russia, Kazakhstan, and UAE emerge as the largest revenue generators in the South Korea Medical Tourism Market. The latest statistics show that the number of foreign patients increased from 296,889 in 2015 to 378,767 in 2018 and 497,464 in 2019. Figure 7–35: Saudi Arabia – Medical Tourists Revenue to South Korea(Number),2009 – 2016 As a Premium user you get access to background information and details about the release of this statistic. Public and private employees are covered by healthcare insurance, as mandated by the government, and many hospitals continually … Tourist Arrivals in South Korea decreased to 61585 in October from 65040 in September of 2020. Please do not hesitate to contact me. Figure 7–43: Indonesia – Medical Tourists Revenue to South Korea(Number),2009 – 2016 Figure 7–21: Vietnam – Medical Tourists Arrival to South Korea(Number),2009 – 2016 Some countries that offer cheap medical cover also risk the patients’ lives. 10, Segye-ro, Wonju-si, Gangwon-do, Republic of Korea 26464. Please authenticate by going to "My account" → "Administration". 5) Mongolia "Distribution of foreign patients traveling to South Korea for medical treatment in 2018, by country of origin." Get the latest trends and understand the impact of the crisis on the market. Then you will be able to mark statistics as favourites and use personal statistics alerts. We use cookies to ensure that we give you the best experience on our website. April 18, 2019. Figure 7–38: Uzbekistan – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 Figure 7–5: China – Medical Tourists Arrival to South Korea(Number),2009 – 2016 Nearly 400,000 medical tourists visited South Korea in 2013 and that number is projected to rise to 1 million by 2020. Korea Health Industry Development Institute Figure 7–24: Vietnam – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 Figure 7–36: Saudi Arabia – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 South Korea's healthcare system features universal insurance, as the medical societies were merged into the National Health Insurance Corporation at the beginning of this century. China contributed more than 35% share in 2016. 7.4.1 Russia – Medical Tourists Arrival Figure 7–4: United States – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). DPI Research Offering Flat 30% off on All Research Reports on Year End. Seoul Guide Medical is the Korea’s biggest and most reliable government-approved medical tourism located at the heart of South Korea. The UK has recently announced the need for improved quality standards for cross border care. 7.4.2 Russia – Medical Tourists Revenue Figure 7–30: Kazakhstan – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 11) Indonesia 7.9 Saudi Arabia – Medical Tourists Arrival, Revenue & Forecast 7.10.2 Uzbekistan – Medical Tourists Revenue You can only download this statistic as a Premium user. Figure 7–16: Russia – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 Figure 7–47: UAE – Medical Tourists Revenue to South Korea(Number),2009 – 2016 2018 Bloomberg Innovation Index ranked Korea the most innovative country for the 3rd year in a row. Figure 7–42: Indonesia – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 According to the Medical Tourism Association, about 14 million people in the world travel to other countries in search of medical care annually. Figure 7–34: Saudi Arabia – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 Figure 7–28: Philippines – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 This report analyzes market data and provides a better understanding of medical tourists flow and revenue to South Korea. Figure 7–17: Mongolia – Medical Tourists Arrival to South Korea(Number),2009 – 2016 South Korea tourism statistics for 2015 was 18,711,000,000.00 , a 16.43% decline from 2014. By 2022, South Korea expects to host 998,000 medical tourists. Use Coupon Code : dpi30. Availability of additional benefits including better healthcare, latest technologies, innovative medicines, modern devices, better hospitality, and personalized care are some of the drivers of this market. . 7.12.2 UAE – Medical Tourists Revenue, Table 3–1: By Country – South Korea Medical Tourism Market Share(Percent),2009 – 2016 Blood Sugar Lancets Market Outloook 2020-2027 With Key Players Like Sanofi, Roche, Omron, Life Scan, Inc, Abbott Diabetes Care, Nova Diabetes Care, Inc, Other Companies, https://www.youtube.com/watch?v=tXoXAJFsm4s. Key Drivers and Inhibitors of the South Korea Medical Tourism Market You need a Single Account for unlimited access. The Republic of Korea is a country of limitless potential with progressive hospitals of the future, supercomputers for treatment… Learn more about how Statista can support your business. Figure 7–3: United States – Medical Tourists Revenue to South Korea(Number),2009 – 2016 Statista. South Korea; Singapore; It’s no surprise why there is a large volume of medical tourism trips to these countries. Factors propelling market growth comprise inadequate insurance benefits and no healthcare insurance … New, Everything you need to know about the industry development, Find studies from all around the internet. 7.11 Indonesia – Medical Tourists Arrival, Revenue & Forecast Download Historical Data Save as Image By Country – South Korea Medical Tourism Market Share & Forecast (2009 – 2022), 4. COPYRIGHT(C) STATISTICS KOREA. 7.8.2 Kazakhstan – Medical Tourists Revenue South Korea Medical Tourism Market, By Treatment Type, From 2020 to 2025 (USD Million) Please wait. Figure 7–7: China – Medical Tourists Revenue to South Korea(Number),2009 – 2016 7.7 Philippines – Medical Tourists Arrival, Revenue & Forecast Directly accessible data for 170 industries from 50 countries The country’s general health office is called the Ministry of Health and Welfare. The global medical tourism market is expected to grow with a CAGR of 8.5% during the forecast period. We suggest our clients to use the advantages of Korean knowledge and technologies and get the treatment in the best hospitals of South Korea. SRI (Statistics Research Institute) Related Sites 닫기 Government Complex-Daejeon, 189 Cheongsa-ro, Seo-gu, Daejeon 35208, Republic of Korea TEL +82-2-2012-9114 This feature is limited to our corporate solutions. South Korea Medical Tourism Market – Countrywise Analysis Chinese medical tourists play a significant role in contributing revenue to the South Korea economy. Figure 7–8: China – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022 Profit from additional features by authenticating your Admin account. South Korea has now entered the top ten countries in the world in terms of tourist volume. 3) Japan Figure 7–15: Russia – Medical Tourists Revenue to South Korea(Number),2009 – 2016 7.11.2 Indonesia – Medical Tourists Revenue and over 1 Mio. 7.5 Mongolia – Medical Tourists Arrival, Revenue & Forecast . Korea, Monthly Statistics of Tourism(1975~1996) Home Tourism Statistics key facts on tourism Korea, Monthly Statistics of Tourism Statistics of Arrivals & Departures by Item Figure 2–2: South Korea – Forecast for Overall Medical Tourists Arrival (Number), 2017 – 2021 Statistics of South Korea in Medical Tourism The country has a robust medical tourist industry. According to the International Society of Aesthetic Plastic Surgeons, the UN, and the Economist, during 2011 South Korean was ranked first as having most cosmetic procedures performed invasively and non-invasively. 7.2.1 China – Medical Tourists Arrival It is an activity worth between 50 and 70 … In 2019, South Korea’s tourism industry took another hit after political tensions with Japan. South Korea Medical Tourism Market Environment & Trend (2009 – 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 and strong government support and initiatives. All statistical tables available are displayed and can be accessed individually. Figure 7–41: Indonesia – Medical Tourists Arrival to South Korea(Number),2009 – 2016 This is due to the combination of quality and low price. That's an increase from … Figure 7–6: China – Forecast for Medical Tourists Arrival to South Korea(Number),2017 – 2022 Figure 7–48: UAE – Forecast for Medical Tourists Revenue to South Korea(Number),2017 – 2022, Your email address will not be published. Are you interested in testing our corporate solutions? Data on inbound, domestic and outbound tourism is available, as well as on tourism industries, employment and complementary indicators. Then you can access your favorite statistics via the star in the header. Korean Medical Tourism Statistics. Access new updated reports and statistics for the Tourism Industry in South Korea. 7.4 Russia – Medical Tourists Arrival, Revenue & Forecast Update, Insights into the world's most important technology markets, Advertising & Media Outlook This report analyzes market data and provides a better understanding of medical tourists flow and revenue to South Korea. 7.1.2 United States – Medical Tourists Revenue 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. 2.2 South Korea – Overall Medical Tourists Revenue, 3. And now, South Korea is becoming a popular medical tourism destination as well. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. According to the latest statistics by Korea Health Industry Development Institute (KHIDI), the number of people traveling to Korea for medical tourism is nearly reaching a whooping 300,000. In 2012, 11.1 million foreign tourists visited South Korea, making it the 20th most visited country in the world, and the 6th most visited in Asia. Korea Tourism Organization. 7.7.2 Philippines – Medical Tourists Revenue 7.5.1 Mongolia – Medical Tourists Arrival The global medical tourism market size was valued at USD 44.8 billion in 2019 and is expected to witness a CAGR of 21.1% over the forecast period. Figure 7–25: Philippines – Medical Tourists Arrival to South Korea(Number),2009 – 2016 7.3 Japan – Medical Tourists Arrival, Revenue & Forecast Compared to procedures done in the US, patients can save between 30 and 85% if they have the treatment in South Korea. And the government plans to use these achievements to boost medical tourism. DPI Research is a leading market research publisher that offers bespoke market research reports, custom research and consulting services across multi geographies and industry verticals. By 2022, South Korea expects to host 998,000 medical tourists. 6.1 Year 2017 South Korea Medical Tourism. ", KHIDI, Distribution of foreign patients traveling to South Korea for medical treatment in 2018, by country of origin Statista, https://www.statista.com/statistics/802847/south-korea-medical-tourists-country-of-origin/ (last visited December 22, 2020), Distribution of foreign patients traveling to South Korea for medical treatment in 2018, by country of origin, Estimated global per capita health spending in 2017 and 2050, Countries with the highest life expectancy 2020, Health spending as percent of GDP in South Korea 2000-2018, Pharmaceutical spending as share of GDP South Korea 2008-2018, Total medical expenditure South Korea 2010-2018, Spending on health per capita South Korea 2008-2018, Pharmaceutical spending per capita in South Korea 2000-2018, Number of health care providers South Korea 2000-2018, Number of hospital beds per 1,000 inhabitants South Korea 2000-2018, Number of doctors per 1,000 inhabitants in South Korea 2000-2018, Number of nurses per 1,000 inhabitants in South Korea 2000-2018, Life expectancy at birth South Korea 2008-2018, Five-year survival rate for cancer South Korea 1995-2016, Medical care institution visits per person South Korea 2010-2018, National health insurance total revenue South Korea 2010-2018, National health insurance total expenditure South Korea 2010-2018, National health insurance benefits paid South Korea 2010-2018, National health insurance benefits paid to foreigners 2019, by nationality, Medical tourists in South Korea in 2018, by country of origin, Foreign health checkup patient number South Korea 2013-2018, Foreign dental patients in South Korea 2013-2018, Foreign traditional treatment patient number South Korea 2013-2018, Number of medical tourists from the Middle East that visited South Korea 2013-2015, Foreign ophthalmology patient number South Korea 2013-2018, Number of medical tourism patients at infertility clinics in South Korea 2010-2013, Number of medical tourists from the Middle East in South Korea 2015, by country, Foreign neurosurgery patient number South Korea 2013-2018, Foreign dermatology patient number South Korea 2013-2018, Foreign gynecology patient number South Korea 2013-2018, Foreign orthopedic patient number South Korea 2013-2018, Number of medical tourism patients in South Korea for cancer treatment 2009-2013, Foreign patient distribution in South Korea 2018, by cancer type, Interest in medical tourism related terms in Google search by select country 2014, Number of new patients at oncology practices in the U.S. 2013 by practice size, Chronic conditions in hospital stays among U.S. super-utilizers by payer 2012, Dental registrations in Scotland 2000-2019, Number of mental health care patients in Norway 2019, by health region, Number of patients per GP Practice in England 2007-2019, Patients with heat related illnesses South Korea 2011-2019, Production of steel ingots in China 2008-2018, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, Many foreigners visit Korea for cosmetic surgeries. 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