Overview of Medical Tourism

In this Medical Tourism session, titled The Globalization of Healthcare-How International Networks Can Ease the US Burden, the panelists explore the perception of medical tourism in the US and the future of medical tourism in the context of a national and global health care crisis.

Medical Tourism is like a Toyota Corolla - a new approach to health care, an innovative product with mass market appeal, valued for high quality affordable pricing, and delivered through a global seamless network. That is the promise of medical tourism, a quality service that everyone can access globally at an affordable price.

But what is the reality? The 1975 Toyota Corolla was perceived as a low end automobile when it entered the US market. But this was the spearhead for Toyota into the US market and the beginning of a dramatic change in the US automotive industry. Today, in overseas healthcare, there is a foreign product trying to penetrate the US market, riding on the back of a crisis. Today the crisis is a health care crisis. In 1975 the crisis was the oil shock of the early 1970s. Medical Tourism, like the early Corolla, appeals to a fringe segment of the US population and is perceived as cheap, rather than good, with a limited sales and service network. This is version 1.0 of medical tourism - interesting but fragmented, signaling change but not adopted by the mass market.

Is medical tourism version 1.0 of a new health care model? Where is medical tourism going & what are the forces driving it?

Experts provide insight into the mega-trends behind medical tourism & how this consumer-driven initiative is creating a new, global platform for the delivery of lower cost healthcare

Moderator
Ruben Toral, CEO, MedNet Asia

Ceani Guevara, Engagement Manager, McKinsey & Company
Paul Mango, Director, McKinsey & Company

This video is from Consumer Health World.

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Discussion

One comment for “Overview of Medical Tourism”

  1. hi, this is to inform you that Informedia is doing Medical Torism COngress India 2008. just wanted to check on your interest to be part of this event.

    Posted by Manali G. | June 11, 2008, 4:46 am

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