Insights

10-Mar-17 Indonesia is likely the largest outbound medical travel market, according to Josef Woodman of Patients Beyond Borders. “Indonesia’s healthcare infrastructure is generally poor and about 1.5 to 2 mn Indonesian medical travelers go to Southeast Asia or Australia,” he said. China is also one of the largest medical tourism markets as many Chinese travelers look for better healthcare. [image: Skift]

09-Mar-17 Chinese company BOE has invested USD50 mn in Israeli company Cnoga Medical. BOE is a Chinese laboratory equipment company that wants to establish itself as a leader in the medical sector. Cnoga has developed a series of devices for non-invasive measurement of a range of health parameters through optical diagnosis of the changing color shades of a finger. [image: Globes]

05-Jan-17 Airline group ANA is getting into the medical tourism trade, looking to make long-term fliers of affluent Chinese and others seeking quality care in Japan. It will offer packages for Chinese travelers, partnering with Kameda Medical Center in Chiba Prefecture. Kameda began offering checkups for Chinese customers in 2010 and now serves around 200 visitors a year. [image: ftnNEWS]

02-Mar-17 China’s Hony Capital backed Hospital Corporation of China has launched a Hong Kong IPO to raise as much as HKD500 mn (USD64 mn). HCC plans to consolidate its medical resources in the region and establish medical service centers. HCC owns two hospitals, Yangsi Hospital and Fuhua Hospital, located in Shanghai. [image: Hospital Corporation of China]

 Articles

Chinese citizens are leaving their homes in search of the best care available, or care that they desperately need. Some 483,000 people travelled outbound from China for healthcare in 2015. These medical travellers spent USD6.3 billion on treatment and a further USD3.4 billion on travel and accommodation.