Medical Tourism by 2015

Manila Bulletin | 2010-05-18

Over the last few years, a new trend in the healthcare industry known as Medical Tourism has gained popularity among highly industrialized countries. Patients from advanced countries seek medical care abroad for various reasons, from reduced costs to the availability of world-class medical facilities and professionals and the much more personal care received from healthcare professionals in other countries.

The Philippines has become a significant figure in this industry in the last few years. The most recent projection is that the Philippine medical tourism industry will become a $3-billion industry by 2015, with an average of around 200,000 foreign patients expected to come to the Philippines every year.