{"id":5889,"date":"2022-08-03T05:42:01","date_gmt":"2022-08-03T05:42:01","guid":{"rendered":"https:\/\/drprem.com\/timeline\/?p=5889"},"modified":"2022-08-04T06:17:13","modified_gmt":"2022-08-04T06:17:13","slug":"guideslide-how-do-you-think-medical-tourism-is-evolving","status":"publish","type":"post","link":"https:\/\/drprem.com\/timeline\/guideslide-how-do-you-think-medical-tourism-is-evolving\/","title":{"rendered":"GuideSlide : How do you think medical tourism is evolving?"},"content":{"rendered":"

How do you think medical tourism is evolving? Apart from Covid, multiple factors are playing in the market.
\nHere are some interesting findings I shared in my recent speech at the\u00a0#Hestourex<\/a>\u00a0Medical Tourism Conference that will help you take the right steps.<\/p>\n

1) Medical Tourism battles new challenges<\/strong>
\nGlobal inflation, war, and looming recession in developing economies are bigger challenges in medical tourism. This means more out-of-the-pocket expenses and reduced healthcare benefits.<\/p>\n

Fact: A prolonged war can lead to a loss of $14 Bn in global tourism receipts in 2022.<\/b><\/p>\n

2) Healthcare costs grow faster than we think<\/strong>
\n75% of healthcare insurers expect healthcare costs to shoot up from 12% to 15% a year including 86% of those from Europe and the Middle East. Patients will be forced to look for affordable solutions.<\/p>\n

Fact: Global healthcare spending could reach 10 Trillion by 2022
\n<\/b>
\n3) Treatment cancellations to fuel the demand<\/strong>
\n81.7% of benign surgery and 37.7% of cancer surgery in the world either got canceled or rescheduled, putting pressure on waiting lists. Patients in dire need of surgery will look out for quicker solutions beyond the border.<\/p>\n

Fact: 50% of countries postponed public screening programs during the pandemic.<\/b><\/p>\n

4) Healthcare burden gets unbearable<\/strong>
\nMore than half of the countries are not ready to handle the burden of hypertension, diabetes, and cancer cases. Asian countries are poised for a 2-4 times rise in cardiovascular diseases in the next 2-3 decades.<\/p>\n

Fact: The UK NHS sees a record waiting list post-pandemic with 6.07 million patients in December 2021.<\/b><\/p>\n

5) Growing spending power<\/strong>
\nThe spending power of a portion of global society is growing. They are likely to pay more for healthcare and well-being by choosing from a range of options available.<\/p>\n

Fact: The US spending power will see a steady growth till 2023.<\/b><\/p>\n

6) Welcome long-stay medical tourism<\/strong>
\nOn average, medical tourists spend a minimum of 2 weeks in the destination. The rising popularity of integrated wellness programs for holistic healing and wellbeing will extend the stay of medical tourists.<\/p>\n

Fact: Medical tourists in Malaysia opt for longer stays after the treatment for complete recuperation.<\/b><\/p>\n

7) Feel less medical and more like wellness<\/strong>
\nIntimidating hospital ambiance is out. In comes wellness integrated programs and outstanding hospitality services. Look for strategic partnerships with multi-specialty facilities, wellness resorts, wellness therapists, and coaches.<\/p>\n

Fact: Leading facilities are integrating wellness into medical programs and vice versa.<\/b><\/p>\n

8) AI-driven lead generation, a must-have strategy<\/strong>
\nSlow organic traffic building is not enough to beat the competition. Dr Prem and Associates lead generation tool creates 6500 quality leads per month that are shared with partners.<\/p>\n

Fact: AI can lead to 54% higher traffic and engagement,\u00a0 59% increase in sales closing rates, 52% increase in conversion and 58% increased revenue.<\/b><\/p>\n

9) Growing demand for unique support systems<\/strong>
\nDr Prem\u2019s medical tourism portal has helped many medical tourism startups and medical tourists with the right solutions. You get access to a massive repository of training materials, guides, contracts, and sample enquiries.<\/p>\n

Reach out to us for more strategic guidance about the medical tourism business.<\/a><\/strong><\/em><\/p>\n

#business<\/a>\u00a0#strategy<\/a>\u00a0#medicaltourism<\/a>\u00a0#healthcare<\/a>\u00a0#drprem<\/a>\u00a0#guideslide<\/a>\u00a0#wellnesstourism<\/a>\u00a0#guidelines<\/a>\u00a0#medical<\/a>\u00a0#businesstrategy<\/a>\u00a0#businessadvice<\/a><\/p>\n

\"How
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Comments:<\/h4>\n
<\/p>\n
\n

Amelia B<\/a>
\n<\/span><\/span><\/strong>Amazing insights have share<\/p>\n<\/div>\n

Dr Prem Jagyasi<\/strong><\/a>
\nMy sincere thanks!
\n<\/span><\/span><\/p>\n

<\/p>\n
\n

Vishal Sharma<\/a><\/strong>
\n<\/span><\/span>Thanks for sharing an amazing guide<\/p>\n

<\/p>\n
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Nandini Moulik<\/span><\/a><\/strong>
\n<\/span><\/span>It will be interesting to watch how medical tourism evolves battling all odds.<\/p>\n

<\/p>\n
\n

Dr Prem Jagyasi<\/a><\/strong>
\n<\/span><\/span>It will indeed!
\nThank you for sharing your expertise.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

<\/p>\n
\n

Anmol Kohli<\/span><\/span><\/strong><\/a>
\nVery well articulated Dr Prem Jagyasi<\/a>\u00a0Sir. \ud83d\ude0a<\/p>\n<\/div>\n<\/div>\n

<\/p>\n
\n

Mohamed Taoufik\u00a0<\/span><\/span><\/a>
\n<\/strong>With my best regards Doctor Prem<\/p>\n<\/div>\n<\/div>\n

<\/p>\n
\n

Sudarsan Rajagopalan\u00a0<\/span><\/a>
\n<\/strong><\/span>It was a good idea, but looking up closely we must realise, between death and medical treatment, death should not become cheaper<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

How do you think medical tourism is evolving? Apart from Covid, multiple factors are playing in the market. Here are some interesting findings I shared in my recent speech at the\u00a0#Hestourex\u00a0Medical Tourism Conference that will help you take the right steps. 1) Medical Tourism battles new challenges Global inflation, war, and looming recession in developing …<\/p>\n","protected":false},"author":1,"featured_media":5901,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3027,3042,24,38,34,46,902,42,30],"tags":[3267,3306,3305,3116,2763,3303,3211,361,1693,3308,3307,213],"class_list":["post-5889","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-3027","category-aug-2022","category-business","category-design","category-linkedin","category-social-updates","category-thoughts","category-training","category-work","tag-dr-prem-guideslide","tag-dr-prem-hestourex","tag-dr-prem-linkedin-update","tag-dr-prem-social-updates","tag-dr-prem-wellness","tag-dr-prem-wellness-consultant","tag-guideslide","tag-healthcare","tag-hestourex","tag-medical-tourism-consultant","tag-medical-tourism-update","tag-medical-treatment"],"_links":{"self":[{"href":"https:\/\/drprem.com\/timeline\/wp-json\/wp\/v2\/posts\/5889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/drprem.com\/timeline\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/drprem.com\/timeline\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/drprem.com\/timeline\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/drprem.com\/timeline\/wp-json\/wp\/v2\/comments?post=5889"}],"version-history":[{"count":0,"href":"https:\/\/drprem.com\/timeline\/wp-json\/wp\/v2\/posts\/5889\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/drprem.com\/timeline\/wp-json\/wp\/v2\/media\/5901"}],"wp:attachment":[{"href":"https:\/\/drprem.com\/timeline\/wp-json\/wp\/v2\/media?parent=5889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/drprem.com\/timeline\/wp-json\/wp\/v2\/categories?post=5889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/drprem.com\/timeline\/wp-json\/wp\/v2\/tags?post=5889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}