Medical Tourism Set to Increase in the Next 5 Years

 By Sergio | Published April 08, 2010

Medical tourism is set to increase by 2015 according to the opinion of nearly half of the global health leaders, with the current health systems competing for consumers lured by personalised care, access to the latest medical innovations and value for money.

According to the latest findings, key factors in support of this assertion about personalised medical treatment overseas include new diagnosing techniques, and the use of pharmacogenomics – the branch of pharmacology which deals with the influence of genetic variation on drug response in patients by correlating gene expression with the efficacy / toxicity of a drug.

It is also envisaged that people will soon become more involved in managing their own health, encouraged by the provision of a more friendly and tailored healthcare aided by new tools, technology and health information, according to the latest in the HealthCast series of reports on health industry trends published recently by PricewaterhouseCoopers’ Health Research Institute.

The change of healthcare business models, regulatory health reforms and realignment of financial incentives will be reflected in this trend of personalised medicine over the next five years.

As covered in previous articles, potential new medical tourism destinations such as Mexico and Colombia will undoubtedly take advantage of trends like the one described above, and will be able to participate in this global tendency seeking maximisation of treatment with the best value for money at overseas destinations.

Company mentioned:

PricewaterhouseCoopers’ Health Research Institute

PricewaterhouseCoopers’ Health Research Institute (HRI) provides new intelligence, perspective, and analysis on health reform and business issues impacting the health industry, including providers, payers, pharmaceutical, life sciences companies, and large employers. HRI’s reports assist executive decision-makers and stakeholders worldwide to navigate their most pressing business challenges. PricewaterhouseCoopers is one of the only firms with a dedicated global healthcare research unit, which enables our practice leaders to participate in a collaborative exchange among a network of more than 4,000 professionals with day-to-day experience in the health industry. HRI’s mission is to provide insightful thought leadership to the global health industry.

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Comments

6 Responses to “Medical Tourism Set to Increase in the Next 5 Years”

  1. How long can you keep acrylic craft paint before it goes bad? | Buy home decor on April 8th, 2010 5:39 pm

    [...] Medical Tourism Set to Increase in the Next 5 Years : International Insurance News [...]

  2. Tourisme médical appelé à augmenter au cours des 5 prochaines années on April 15th, 2010 4:55 pm

    [...] Le tourisme médical est appelé à augmenter d'ici à 2015 selon l'avis de près de la moitié des responsables de la santé mondiale, avec les systèmes de santé actuels en concurrence pour les consommateurs attirés par des soins personnalisés, l'accès aux dernières innovations médicales et de la valeur pour l'argent. URL article original: http://www.globalsurance.com/blog/medical-tourism-set-to-increase-in-the-next-5-years-73320.html [...]

  3. Medizinischer Tourismus gesetzt, um in den nächsten 5 Jahren erhöhen on April 17th, 2010 6:45 pm

    [...] Medizinischer Tourismus gesetzt, die bis 2015 nach der Meinung von fast der Hälfte der globalen Führungskräften des Gesundheitssektors zu erhöhen, mit der aktuellen Gesundheitssysteme im Wettbewerb für die Verbraucher durch die persönliche Betreuung, Zugang zu den neuesten medizinischen Innovationen und Wert für Geld gelockt. URL des Original-Artikel http://www.globalsurance.com/blog/medical-tourism-set-to-increase-in-the-next-5-years-73320.html [...]

  4. El turismo médico se intensificará en los próximos 5 años on April 18th, 2010 8:17 am

    [...] El turismo médico está destinado a crecer en 2015, según la opinión de casi la mitad de los líderes de la salud mundial, con los actuales sistemas de salud que compiten por los consumidores atraídos por la atención personalizada, el acceso a las últimas innovaciones médicas y relación calidad-precio. URL del artículo original http://www.globalsurance.com/blog/medical-tourism-set-to-increase-in-the-next-5-years-73320.html [...]

  5. Ada Longman: Medical Tourism Set to Increase in the Next 5 Years : International Insurance News http://bit.ly/czJYy7 (via http://bit.ly/bXzkEg ) | Healthcare news on May 9th, 2010 1:03 am

    [...] Longman Medical Tourism Set to Increase in the Next 5 Years : International Insurance News http://www.globalsurance.com/blog…; (via http://social-media4u.com/…; ) 29 minutes [...]

  6. Obama Not Keen On Medical Tourism as Solution to National Healthcare Issues : International Insurance News on April 21st, 2011 5:15 pm

    [...] Obama was speaking of the growing phenomenon of citizens choosing to cross borders and shop for elective health procedures, a practice known as [...]

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