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Trends in Medical Tourism in the Context of Globalization

In: The 14th Economic International Conference: Strategies and Development Policies of Territories: International, Country, Region, City, Location Challenges | May 10-11, 2018 | Stefan cel Mare University of Suceava, Romania

Author

Listed:
  • Gabriela-Liliana CIOBAN

    (Faculty of Economic and Public Administration, Suceava, Romania)

  • Costel-Ioan CIOBAN

    (Faculty of Economic and Public Administration, Suceava, Romania)

  • Alexandru-Mircea NEDELEA

    (Faculty of Economic and Public Administration, Suceava, Romania)

Abstract

Medical tourism is a phenomenon that has been manifested for thousands of years and is now defined by the need of patients from the developed countries to obtain care and medical services combined with certain tourist facilities. Specialty literature emphasizes that this concept is used to designate a journey whose motivation involves a medical procedure or activities that promote the physical and mental well-being of man. The growing presence of patients from the high-income countries in countries with emerging economies and developing economies is explained by the fact that these countries provide high-quality medical services at low costs (a phenomenon known as medical outsourcing). Increasing the flow of patients seeking treatments abroad is a global phenomenon, linked to economic development that generates income growth and education. Tourism is and must become a profitable business, we must struggle with us and with the competition of other international tourism operators to promote our national values and also to gain a recognized position and increase our profits.The medical tourism market is growing worldwide, and it is estimated at around $ 100 billion. This study attempts to highlight a conceptual analysis of medical tourism, the trends of medical tourism flows possible development strategies of medical tourism, the medical tourism market, the implications of medical tourism on the economy and health systems, as well as the problems faced by medical tourism.

Suggested Citation

  • Gabriela-Liliana CIOBAN & Costel-Ioan CIOBAN & Alexandru-Mircea NEDELEA, 2018. "Trends in Medical Tourism in the Context of Globalization," Book chapters-LUMEN Proceedings, in: Carmen NÄ‚STASE (ed.), The 14th Economic International Conference: Strategies and Development Policies of Territories: International, Country, Region, City, Location Challen, edition 1, volume 6, chapter 21, pages 229-240, Editura Lumen.
  • Handle: RePEc:lum:prchap:06-21
    DOI: https://doi.org/10.18662/lumproc.76
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    More about this item

    Keywords

    Medical tourism; treatments; medical services; tourist packages; the medical tourism market; quality of medical services;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • F2 - International Economics - - International Factor Movements and International Business
    • F3 - International Economics - - International Finance
    • H7 - Public Economics - - State and Local Government; Intergovernmental Relations

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