06-Mar-17 In 2014 Russia was the most important source of medical travelers to Germany with about 9,800 inpatients. In 2015, however, the German medical tourism industry recorded a decline of 32 percent for Russian patients. The reason was most likely the EU's economic actions against Russia in the wake of the Crimean annexation. Treatments became quite costly for Russian travelers. [image: Tourism Review]

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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.

15-Feb-17 Medical insurers are seeing a surge in demand for private insurance that offers cross-border health cover. This market is growing by 15-25% per year, and could be worth as much as USD144 bn globally. The challenge for the insurance industry is identifying who might need a policy that covers international travel for medical treatment, and why. [image: AXA PPP International]

08-Feb-17 Smith & Nephew reported a 7 percent drop in profit, as tough conditions in China and Saudi Arabia kept growth in check. The company has focused on emerging markets in recent years to boost sluggish demand in the US and Europe, where it competes with Zimmer and Stryker. The company delivered growth, but not at the level it had wanted. [image: Smith & Nephew]

26-Jan-17 The medical and surgical aesthetics market grew a further 8.3 percent in 2016. Representing 46 percent of global market share, the USA still leads the way, followed by Europe, Asia-Pacific and Latin America, according to annual figures from IMCAS. Global growth is above all driven by Asia, which saw annual growth of 10 percent in 2016. [image: The Malay Mail Online]