Identification of Factors for the Development of Medical Tourism in the World

Abstract

The overall objective of the given paper was to study the relationship of inbound medical tourism destinations with international tourism, economic development of recipient countries, the development of national healthcare systems and the institutional features of their environment, in terms of protection of the rights and freedoms of both business and citizens. In order to achieve this objective, the authors used methods of grouping, as well as correlation and regression analysis. The conducted study revealed that the formation of medical tourism destinations in countries with high social and economic development occurs in a balanced and unidirectional manner; simultaneously, one can see that the countries with “new economic development” form a sufficiently powerful and competitive market for medical tourism. All these countries have one thing in common: namely, there is a link between medical tourism and healthcare funding, international tourism and development of political and civil freedoms. Nevertheless, the noted aspects are not dominant enough, and this indicates that there are other internal factors and their configurations which shape a positive image of countries for medical tourism development. This finding leads to the necessity of further analysis in this field with a breakdown into separate countries or destinations.

Factors Influencing the Intention of Indonesians in Conducting Medical Tourism to Malaysia

“…Heung et al, (2010) through their research describe the income that can be obtained by a country through the medical tourism industry, where the contribution of income that can be generated by this industry is around US $ 60 billion per year. In line with this, Wong & Musa, (2012) project revenues of US$38-US$55 billion annually from the medical tourism sector. Grand view research estimates that the market share and market size of medical tourism will be valued at USD 4 billion in 2021 and is expected to continue to grow with an annual growth rate of 32.51% from 2022 to 2030.…”

“…There have been many comprehensive studies that discuss the relationship between medical tourism and various factors that encourage a person to want to carry out this medical tourism activity (Vovk et al, 2021). Service quality is an important thing that affects the satisfaction of medical tourists in determining the destination of their medical tourism destinations (T.-H. Cham et al, 2021).…”

Promotion of Medical Tourism in India: A Discussion Paper

“…Other motives have been shown to be a lack of paid health insurance in the source country, the presence of health insurance that does not cover the disease, unavailable procedures and personal factors such as the need to maintain confidentiality, the bias of the patient's views, previous personal experience or the experience of the people in the circle of trust (Vovk et al, 2021). The impact of marketing, particularly web-based marketing, has also been cited as a significant factor that influenced patients in selecting their medical tourism destination (Sarwar et al, 2012).…”

Does healthcare sector development affect inbound tourism? Evidence from ASEAN countries

“…Many conceptual papers in medical tourism have been written. They focus mainly on identifying the factors that lead to the development of the medical tourism industry (see Enderwick and Nagar, 2011; Kamassi et al, 2020; Vovk et al, 2021; Zarei and Maleki, 2019). Li et al (2022) indicate some of these papers are marketing-oriented.…”