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China’s outbound medical tourism spurs global property investment

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11-Oct-16 Chinese tourists spent USD215 bn overseas in 2015 – including USD10 bn on medical tourism. Chinese are the world’s biggest spenders when travelling, and their splurging has extended towards health and wellness. The factors boosting medical tourism are propelling international property investment as many will be staying in their destination for a longer period of time or be recurring visitors. [image: Juwai]

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Medical value travel industry in India to reach USD9 bn by 2020

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06-Oct-16 The medical value travel (MVT) industry is a fast growing segment of India's tourism industry, worth USD3 bn with 15% CAGR. However there is significant potential for accelerated growth. While 11 mn people travelled to seek treatment in 2015, only 500,000 travelled to India. MVT could reach USD9 bn by 2020 and establish India as ‘The provider to the world’. [image: DNA]

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Moves to fuse TCM with Western medicine gaining traction

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28-Sep-16 With the active ingredients in Traditional Chinese Medicine (TCM) now far better understood than ever before, a new range of hybrid TCM/Western treatments are wooing even the most cynical with their efficacy and lack of side-effects. Advances in research and development have enabled companies to integrate many of TCM's treatments and protocols with the latest technology and medical understanding. [image: HKTDC Research]

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AIA Korea, SK C&C to develop digital health and wellness platform

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28-Sep-16 AIA Korea and SK Holdings have announced an MOU to develop Korea’s leading customer centric integrated digital health and wellness ecosystem. The companies aim to help motivate customers change and adopt a healthier lifestyle to reduce major chronic illnesses stemming from smoking, drinking, poor diet and lack of physical exercise. [image: Business Korea]

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Mainland prioritises development of elder-friendly wearable devices

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19-Sep-16 With China's demographic shifting towards an ever-higher ratio of citizens aged 60-plus, elder-friendly wearables are seen as a key means of monitoring the health and whereabouts of this affluent, yet vulnerable, sector of contemporary society. In the elderly sector, wearables tend to be either tracking devices or fall alarms. [image: HKTDC Research]

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