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Medical Tourism Industry Challenges In The Context Of Globalization

Author

Listed:
  • Carmen, IORDACHE

    ("Constantin Brâncoveanu" University of Pitesti)

  • Iuliana, CIOCHINA

    ("Constantin Brâncoveanu" University of Pitesti)

Abstract

Medical tourism is not a new concept, even though there is still no international consensus on the name of this phenomenon that is manifesting itself for thousands of years. It is defined by moving patients in various countries to obtain medical care and combined with certain tourist facilities. Increased flow of patients seeking treatment abroad is a global phenomenon linked to economic growth which generates income revenue and a high level of education. Internationally, medical tourism increases by 20% per year, global market for medical tourism at present is estimated to be about 100 billion dollars. This study tries to highlight a conceptual analysis of medical tourism, the targeting of medical tourism flows and major destinations and the proposed tourism development strategies based on the experience of several countries medical.

Suggested Citation

  • Carmen, IORDACHE & Iuliana, CIOCHINA, 2014. "Medical Tourism Industry Challenges In The Context Of Globalization," Management Strategies Journal, Constantin Brancoveanu University, vol. 24(2), pages 62-70.
    • Handle: RePEc:brc:journl:v:24:y:2014:i:2:p:62-70
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    References listed on IDEAS

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    1. Smith, Richard & Martínez Álvarez, Melisa & Chanda, Rupa, 2011. "Medical tourism: A review of the literature and analysis of a role for bi-lateral trade," Health Policy, Elsevier, vol. 103(2), pages 276-282.
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    3. Milica Z. Bookman & Karla R. Bookman, 2007. "Medical Tourism in Developing Countries," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-60565-7, December.
    4. Rupa Chanda, 2008. "Trade in Health Services," Working Papers id:1758, eSocialSciences.
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    More about this item

    Keywords

    medical tourism; patient tourist; motivations; strategy;
    All these keywords.

    JEL classification:

    • F68 - International Economics - - Economic Impacts of Globalization - - - Policy
    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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