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AXA PPP International “The rise of the medical tourist”

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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]

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Smith & Nephew hurt by tough markets in China and Gulf states

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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]

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Cosmetic surgery market enjoys growth worldwide

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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]

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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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30 key findings from medical tourism benchmarking research

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03-Nov-16 Benchmarking facilitates unique national medical tourism concepts. 30 benchmarks include: 2. Cooperation among official authorities is a must; 7. Most destinations offer transparent pricing; 16. Many medical tourism physicians have US or UK qualifications; 21. Countries such as India and Thailand offer long-stay medical tourism visas; 27. Strong ties with health insurance companies influence the flow of international patients. [image: Mercury Advisory Group]

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