South Korea Emerging Medical Tourism Hub

According to our new research report, "Emerging Medical Tourism in South Korea", government initiatives to promote the country as a medical tourism hub will fuel the growth in the South Korean medical tourism industry. Despite the gloomy outlook for the world economy, medical tourism industry in South Korea has witnessed an impressive growth of more than 55% in 2008 over the same period last year.

As per our research report, government of South Korea is working hard to make the country leading medical tourism destination. Government has given permission to the hospitals to directly seek foreign patients from May 2009 as a part of South Korea's efforts to become Asia's new medical tourism center. Apart from this, the South Korean government has recently introduced a new category of visa for tourists who visit the country for medical purposes. The foreign medical tourist visa scheme has been introduced in a bid to boost the nation's medical tourism industry.

The report also says that due to a large pool of skilled surgeons, South Korea is quite likely to realize its goal of becoming a leading medical tourism destination. It is expected that by 2012, total medical tourist arrivals will increase by four folds from the existing level.

Additionally, due to the global recession, South Korea is now 30% cheaper to visit than it was in the same period last year; this is further pushing the medical tourism industry.

The research report "Emerging Medical Tourism in South Korea" provides an in-depth analysis of the present and future prospects of the South Korea's medical tourism industry. It looks into South Korea medical tourism industry in detail, with the focus on different parameters like inbound tourism, expenditure by inbound tourists, medical tourists, expenditure by medical tourists and healthcare infrastructure. This report provides strategic insight to clients to evaluate the opportunities for their success in the South Korea's medical tourism industry.

The study also gives forecast on medical tourist arrivals, revenue from medical tourists, number of hospital beds, number of doctors, GDP growth, disposable income and population of South Korea. This will help clients to analyze how and where the South Korean medical tourism industry is going to stand in the coming times.

For more information visit: http://www.rncos.com/Report/IM026.htm