Monday, December 15, 2008

The Expansion of Medical Travel in South Korea

South Korea is quickly increasing their stake in the medical travel industry with a variety of innovative solutions. Currently admired by medical travelers of Southeast Asia, South Korea is now focusing on expanding their medical travel program and reaching out to the U.S., Japan, and China. Recently, they announced a goal of attracting 100,000 medical tourists per year by 2012.

South Korea has already built a stellar reputation around their specialty in plastic surgery, but is quickly gaining recognition for their future in stem cell research and biotechnology. With over $400 million ($430 billion won) invested in stem cell research, South Korea is hoping to be among the top three in the field by 1215.

However, South Korea is not only focusing on innovative fields of medicine, they also offer a variety of tradition Korean alternative treatments for medical travel.
The medical travel industry is bound to benefit greatly from the aspiration of South Korea. Patients traveling to South Korea for medical travel experience top-notch technology, and outstanding care for much less than in the U.S. Estimates put a stay in U.S. hospitals at 13 times more than in South Korea.

South Korea’s innovation and investment in the medical travel industry has put them at the top of the list for patients looking for surgery abroad.

Reference:
http://www.koreahealthtour.co.kr/eng/korea-medical-travel.jsp

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