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GE Healthcare optimistic on China

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24-Jan-17 GE Healthcare had a strong 2016 fourth quarter performance led by 19 percent growth in China. For 2017, the company expects momentum to carry over for markets in China, Africa, and Asia Pacific, while Europe will be stable. The United States market is expected to slow down. Sales were boosted by ultrasound, up 6 percent, and imaging, up 2 percent. [image: GE Healthcare]

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Private jet charters for Chinese medical tourists

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20-Jan-17 Private jet company L’Voyage is seeing growing interest in overseas medical and wellness trips from China. The ultra-rich prefer to fly by private jet and are increasingly choosing Europe and the US for treatments, drugs and technologies not available in China. Global Growth Markets estimates that 4,300 ultra-rich Chinese sought treatments overseas in 2015. [image: International Medical Travel Journal]

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Chinese middle class big business for overseas healthcare providers

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 Insights

18-Jan-17 Like more traditional tourists, outbound Chinese patients are a lucrative opportunity. Many Chinese medical tourists aren’t fazed by high prices. The average cost of treatment in the US is four times the cost in China. In 2015, Chinese medical tourists spent USD9.7 bn on treatment and travel, according to Global Growth Markets. Hundreds of intermediary companies are springing up across China to capitalise. [image: Visual China]

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Ctrip invests in test-tube baby service provider IVF USA

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23-Nov-16 Ctrip announced it has invested in IVF USA, a US-based IVF company. IVF USA has partnered with seven eminent reproductive health centers in the United States. The company has aided nearly 1,000 Chinese families in conceiving. Ctrip said that it has a good chance of venturing into medical tourism as it has 250 mn registered users. [image: IVF USA / China Travel News]

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