Global Medical Tourism

2017 ◽  
pp. 1-19
Author(s):  
Sukanya Banerjee ◽  
Siddhartha Sankar Nath ◽  
Nilanjan Dey ◽  
Hajime Eto
Keyword(s):  
Economic Development ◽  
Medical Treatment ◽  
Foreign Exchange ◽  
Medical Tourism ◽  
Service Industry ◽  
Developing Nations ◽  
Tourism Industry ◽  
Cost Benefits ◽  
The World ◽  
Developed Nations

Medical tourism is related to the travel of patients from one country to another in order to obtain medical treatment in that country. There are several countries worldwide promoting medical tourism and attracting patients. Most of the developing nations attract the patients because of cost benefits whereas the developed nations attract patients who require complex surgeries or any kind of advanced medical treatment. The main aim of this research paper is to focus on the development of medical tourism industry, worldwide. Medical Tourism industry throughout the world is growing at a fast rate. It has huge potential for generating employment and earning large amount of foreign exchange. This will help in the country's overall economic development. Medical tourism incorporates multi-dimensional activity but basically it is a service industry. Hence, medical tourism is a vital revenue earning source especially for the developing nations. Hence, it can be said that it is a win situation for both the patients as well as the destination countries.

Global Medical Tourism

2015 ◽  
pp. 114-131 ◽  
Author(s):  
Sukanya Banerjee ◽  
Siddhartha Sankar Nath ◽  
Nilanjan Dey ◽  
Hajime Eto
Keyword(s):  
Economic Development ◽  
Medical Treatment ◽  
Foreign Exchange ◽  
Medical Tourism ◽  
Service Industry ◽  
Developing Nations ◽  
Tourism Industry ◽  
Cost Benefits ◽  
The World ◽  
Developed Nations

Medical tourism is related to the travel of patients from one country to another in order to obtain medical treatment in that country. There are several countries worldwide promoting medical tourism and attracting patients. Most of the developing nations attract the patients because of cost benefits whereas the developed nations attract patients who require complex surgeries or any kind of advanced medical treatment. The main aim of this research paper is to focus on the development of medical tourism industry, worldwide. Medical Tourism industry throughout the world is growing at a fast rate. It has huge potential for generating employment and earning large amount of foreign exchange. This will help in the country's overall economic development. Medical tourism incorporates multi-dimensional activity but basically it is a service industry. Hence, medical tourism is a vital revenue earning source especially for the developing nations. Hence, it can be said that it is a win situation for both the patients as well as the destination countries.

scholarly journals Tourism Potentiality & Development of Bangladesh: Applicability of Pragmatic Governmental Management Policy

2014 ◽  
Vol 1 (1) ◽  
pp. 71-78 ◽  
Author(s):  
Jannatul Ferdaush ◽  
Hasan Md. Faisal
Keyword(s):  
Economic Development ◽  
Foreign Exchange ◽  
Tourism Industry ◽  
Management Policy ◽  
The World ◽  
Increasing Trend ◽  
Governmental Management ◽  
Individual Perspective

Tourism is one of the fastest arising and undivided largest industries in the world. The contribution of tourism industry in the global as well as individual perspective is really astonishing. Many countries in the world depend upon tourism as a main source of foreign exchange earnings. The increasing trend of tourist arrivals and earnings is extending. In 2005, the world tourist arrivals rose to 808 million (Gunn, 1994). This continued growth in tourism business throughout the world is encouraging and nations are becoming more concerned to attract more tourists to their own destinations and trying to promote this sector as a major source for the economic development of the nation. In addition to this perspectivethis paper intends to assess and evaluate the existing potentiality and development of tourism industry of Birisiri (Netrokona District) of Bangladesh and also the applicability of pragmatic governmental management policy from various changing urgency.

The Role and Importance of Tourism Sector in Economy of Kyrgyzstan

2018 ◽  
Author(s):  
Tolkun Zhumakunova
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Foreign Exchange ◽  
World Economy ◽  
Tourism Industry ◽  
Balance Of Payments ◽  
Underdeveloped Countries ◽  
Tourism Sector ◽  
The World ◽  
Economic Developments

Since the second half of the 20th century tourism has become one of the fast developing and expanding sectors in the world economy. The tourism sector plays an important role in alleviating issues related with the balance of payments, reducing unemployment, creating tax incomes and contributing to economic developments by providing a large foreign exchange inflow to the country, therefore, we can say that this sector has larger impact on economic growth than other sectors. As it is in developing and underdeveloped countries, in Kyrgyzstan the tourism industry is one of the most important sectors in the economy. The tourism sector in Kyrgyzstan plays an important role in in economic development by reducing the level of unemployment and generating the income by providing mass foreign exchange inflow to the country. In this context the aim of this paper is to analyze the role and importance of tourism in Kyrgyzstan’s economy by using methods of statistical analysis. The results show that the total number of tourists coming to Kyrgyzstan, thus the tourism revenues increased. In other words, when tourism revenues increase, this fosters economic development, by receiving a larger share of tourism revenues. In this study, the literature review method was used.

scholarly journals Surveying Healthcare Facilities for Tourists in India

2021 ◽  
Vol 1 (5) ◽  
pp. 5-10
Author(s):  
Rajat Shandilya ◽  
◽  
Bhagyesh Acharya ◽  
Mayank ◽  
Monika Garg ◽  
...  
Keyword(s):  
Medical Care ◽  
Foreign Currency ◽  
Medical Tourism ◽  
Tourism Industry ◽  
Healthcare Facilities ◽  
Tourist Destinations ◽  
Number Of Factors ◽  
Wide Range ◽  
The World ◽  
High Quality Medical Care

India is quickly becoming one of the most popular tourist destinations in the world. The rise of India as a tourist destination can be attributed to a number of factors. The growth of medical tourism in India is one of the reasons examined in this paper. Healthcare tourism is when people from all over the world fly to another country to receive medical, dental, and surgical treatment when exploring, vacationing, and completely immersing themselves in the attractions of the countries they are visiting. In the medical tourism industry, India is one of the most popular destinations. Medical tourism is experiencing rapid growth in India. Medical tourists cross foreign boundaries in search of medical care. Medical tourism has developed to become a multibillion-dollar industry. It is important to remember that the primary goal of medical tourists is to provide high-quality medical care at an affordable cost. When compared to other developing countries in the world, India has emerged as the most sought-after destination for medical tourists due to the availability of world-class doctors at affordable prices. In addition, India has a wide range of tourist destinations. It has tremendous potential for creating jobs and earning large sums of foreign currency. The paper ends with policy recommendations for advancing the rapidly growing medical tourism industry.

Medical Tourism

2021 ◽  
pp. 19-42
Author(s):  
Oğuz Doğan
Keyword(s):  
Health Services ◽  
Medical Tourism ◽  
Rapid Development ◽  
Global Market ◽  
Tourism Industry ◽  
Market Shares ◽  
Global Demand ◽  
The World ◽  
High Level ◽  
Demand For Health

The number of travels around the world to benefit from health services provided abroad is increasing every year. The high level of global demand for health services has influenced the rapid development of the medical tourism industry. Due to these developments in the industry, a global market has emerged, the medical tourism market. Countries operating in the industry are also striving to gain share from this large market or to increase their existing market shares. In this study, different perspective on global phenomenon, medical tourism, medical tourism market, and leader destinations in the industry are examined in detail.

Systemic action for progression without destruction

2020 ◽  
pp. 125-146
Author(s):  
Gordon Pearson
Keyword(s):  
Economic Development ◽  
Fossil Fuels ◽  
Environmental Stewardship ◽  
Advanced Economies ◽  
The Social ◽  
The World ◽  
Global Agreement ◽  
Developed Nations ◽  
Competitive Economy ◽  
Freedom Of Action

The global imperative is for environmental stewardship, which will need to be led by the advanced nations of the world. Action must not be delayed till global agreement has been achieved. Less developed nations will not enjoy the freedom of action enjoyed by advanced economies when they were entering their growth phase, for example, by freely burning readily available fossil fuels. Advanced economies will need to assist less developed nations through this phase of global economic development. The social-infrastructural economy needs to be rebuilt by excluding operations which exist to maximise shareholder take. The progressive-competitive economy needs to be re-established by revising effective competition and breaking up monopolies and cartels. The technological-revolutionary economy needs to be refocused on the necessary sustainability revolution. Necessary actions are proposed including restoring progressive taxation of income and wealth, restraining organised money and completely displacing neoclassical belief.

scholarly journals “Conquering COVID: How Global Vaccine Inequality Risks Prolonging the Pandemic”

2021 ◽  
Author(s):  
Richard L Oehler ◽  
Vivian R Vega
Keyword(s):  
Modern Science ◽  
Developed Countries ◽  
The United States ◽  
Developing Nations ◽  
Vaccine Production ◽  
The World ◽  
Production And Distribution ◽  
Health Related ◽  
Developed Nations ◽  
Vaccine Availability

Abstract The development of effective vaccines during the SARS-CoV-2 pandemic has been credited as a towering achievement in modern science. Since the end of 2020, the vaccine rollout has offered the promise of vanquishing the pandemic in the United States and other developed countries. Even as the U.S. and other wealthier nations encounter both setbacks and successes in their COVID-19 eradication efforts, developing countries around the world are likely to face far less fortunate fates. With much of the world’s vaccine production and distribution capacity reserved by wealthier nations, impoverished countries stand to face devastating financial, social, and health-related impacts. The consequences of this disparity will resonate deeply into the collective fabric of these countries, ensuring that the economic and geopolitical imbalance between developed and developing nations will widen even more substantially. Wealthier countries must do more to eliminate the inequality that exists in widespread SARS-CoV-2 vaccine availability in less-developed nations. Like HIV, TB, Malaria, and other global epidemics, COVID-19 cannot be forgotten just because the pandemic is eventually contained from the shores of wealthier nations. For as long as the pandemic rages in any corner of the globe, the world will never be truly rid of COVID-19. And all nations, rich or poor, will suffer the consequences.

scholarly journals Indian Tourism its potential avenues and challenges for growth: Riding on the service sector

2016 ◽  
Vol 3 (2) ◽  
Author(s):  
Dr. Sebastian .T. Joseph ◽  
Abhishek Janvier Frederick
Keyword(s):  
Growth Rate ◽  
Foreign Exchange ◽  
Service Sector ◽  
Service Industry ◽  
Services Sector ◽  
The World ◽  
Traditional Service ◽  
Recent Developments ◽  
Real Challenge ◽  
Better Than

<p>Given the countless activities and avenues for growth under the umbrella of services and the resilience that the service sector has acquired post 1991 reform period in India, it is not difficult to acknowledge that India’s service sector has finally arrived! The post recession survival of the Indian economy has largely been possible due to the contribution of the services sector to India’s GDP. This sector has been recognized as one posing innumerable opportunities, attracting FDI boosting employment and propelling exports. So much so for the opportunities; the challenges are also many.</p><p><br />The real challenge lies not only in maintaining standards in areas where India has established universal benchmarks such as IT and ITEs but a larger challenge lies in probing and developing traditional areas such as tourism and shipping where other countries of the world have far surpassed Indian standards, nevertheless, they present manifold opportunities for India. The number of Foreign Tourist Arrivals (FTAs) in India during 2010 increased to 5.78 million as compared to 5.17 million in 2009. Registering a growth rate of 11.8% during 2010 over 2009. This growth rate of 11.8% in 2010 for India was better than UNWTO’s projected growth rate of 5% to 6% for the world in 2010. Tourism continues to play an important role as a foreign exchange earner for the country. In 2010, foreign exchange earnings (FEE) from tourism were US$ 14.19 billion as compared to US$ 11.39 billion in 2009, registering a growth of 24.6%.Through this paper we attempt to understand and probe a traditional service area ; tourism as a service industry, its contribution to India’s economy, recent developments, opportunities and challenges.</p>

scholarly journals THE DEVELOPMENT OF QUALITY MANAGEMENT IN THE TOURISM INDUSTRY

10.26458/1829 ◽  
2018 ◽  
Vol 18 (2) ◽  
pp. 173-187
Author(s):  
Bogdan SOFRONOV
Keyword(s):  
Quality Management ◽  
Competitive Advantage ◽  
Foreign Exchange ◽  
Tourism Development ◽  
Tourism Industry ◽  
Competitive Industry ◽  
The World ◽  
Development Objective

Tourism is a dynamic and competitive industry that requires the ability to adapt to the customers changing needs and desires as the customers’ satisfaction, safety and enjoyment are the main focus of the tourism business.The development objective of tourism industry is to contribute to the enhancement of the quality and variety of tourism products and services in targeted destinations in order to increase the number of tourist visits, foreign exchange earnings and jobs.Tourism development mainly refers to the situation of getting quality growth in tourism sectors in terms of its development, strong plan and policies and marketing throughout the world. Moreover, the tourism development includes accessible way to reach the destination, proper facilities like hotels, means of transportation, amenities, for the tourist to have full satisfaction in the particular destination.Quality is the most important competitive advantage of a tourism company or the key to competitiveness. 

scholarly journals Is Development a Lost Paradise? Trade, Environment, and Development: A Triadic Dream of International Law

2007 ◽  
Author(s):  
Upendra D. Acharya
Keyword(s):  
Sustainable Development ◽  
International Law ◽  
Developing Nations ◽  
Environmental Concerns ◽  
Right To Development ◽  
The World ◽  
History Of ◽  
Environment And Development ◽  
The Right ◽  
Developed Nations

After providing a brief background on international law, the history of the right to development is discussed. International law, as it exists today, has been abused by developed nations in their position of power over underdeveloped nations. The right to development, first formalized by the United Nations in 1986 with the Declaration on the Right to Development, was meant to give people of the developing world a right to development. However, the right to development has been supplanted by the concept of sustainable development, as orchestrated by the developed nations. It was hopeful that organizations like the World Trade Organization would implement the right to development through trade; however, these organizations have become merely a tool for the developed nations and associated corporations to continue their dominance over developing nations. Environmental concerns in recent times have shifted the international focus from the right to development to sustainable development, and the right to development has been overlooked. A legal right to development must be recognized before sustainable development can be applied as a tool to benefit underdeveloped nations through environmental and trade-related policy.

Sign in / Sign up

Export Citation Format

Share Document