Medical tourism to Korea at an
Medical tourism income hits
record high in 2011
Medical tourism to Korea at an all-time high
The total amount of money spent by foreigners on Korean medical care during last year is estimated at over $100 million, mostly spent on plastic surgery and general check-ups.
According to the Bank of Korea’s ’Statistics on International Balance of Payments in 2011 (tentative)’ released on Tuesday, revenue from medical tourism rose by 29.2% over last year to 116 million dollars- the highest ever since data collection began in 2006. Revenue from medical tourism was only $59 million in 2006. The numbers have risen steadily since, reaching $67.5 million in 2007, $69.8 million in 2008, $82.7 million in 2009, and $89.5 million in 2010.
Medical tourism income hits record high in 2011
Korea’s medical tourism income reached a record $116 million in 2011 on the strength of the surging popularity of the country’s health care and medical services among inbound travelers, the Bank of Data showed Tuesday.
The income from the thriving medical tourism doubled in five years as more foreign travelers came here to get medical services and plastic surgery.
“Foreign tourists are flocking to the country because of its advanced medical technologies, and Chinese and Japanese customers, in particular, are on the rise,” said an official at the BOK.