Has the Economic growth of Medical Tourism developed rapidly?


  •  One of the fastest growing economies in the Healthcare industry is the Medical Tourism. Medical tourism holds the centre of attraction for both the developed and developing nations; it also gives an economic boost to not only developed countries but also small or deprived regions, which proves to be an excellent region for the traditional Medicine. The main impact of medical tourism is it contributes greatly to the government by generating millions of revenues by the direct foreign exchange earnings. It also offers employment and business opportunities to the local people and the start-up entrepreneurs in the Healthcare industry.                               
  •   The growth of medical tourism has been rapidly spreading worldwide which on the other hand also helps in generating either direct employment which includes jobs, such as taxi services, hotels, restaurants, etc or indirect employment such as the goods being delivered and also various other services required by the wellness tourism industry.
  •  This in turn greatly contributes to government revenues. The governments, local or state, not only obtain taxes from people employed in the medical tourism industry and through, but from various duties on goods and services offered to vacationers as well. The other forms of revenues also include the direct charges, green tax or departure duty, on medical tourists.
  •  Most of the governments across the world are greatly involved in the investment which involves the development of local infrastructure to attract more foreign medical tourists from developed nations. This process largely involves the construction of better roads, public transport system, and water and sewage systems to accommodate high-end wellness travellers. Better infrastructure leads to encouraging tourism and also increases the standard of life of the local residents.
  •   Furthermore, some destinations for the medical tourism has made a huge impact on the tourists in such a way that they have the urge to visit it again and again or even encourage them to become an enduring resident of that particular region or country, which eventually increases the demand of the accommodation and other essential commodities and thus contributes to the overall development of the nation.

Comments

Post a Comment

Popular posts from this blog

Industrial Healthcare and Medical Tourism

Image
It takes immense pleasure in conducting the Health Congress 2018 which offers unique opportunities to learn the latest improvement ideas, connect with like-minded colleagues, and generate momentum for change in your organization and also discuss ways to in putting quality initiatives in the Healthcare and Medical tourism which will definitely provide a scope and improved outcomes for the audience attending the conference of Health Congress.  The target audience include the Healthcare Organizations, Medical tourism specialists, Public Health Professionals, Healthcare Management Specialists, Healthcare Societies /NGO’s, Medical Lab Technologists, Scientists, Doctors, Professors, Nurses, Academicians, Pharmaceutical industries, Training institutes, Drug manufacturing companies, Business analysts, Biotechnologists, Microbiologist and many other medical professionals.  Dubai is a destination that blends advanced culture with history, enterprise with world-class education and
Read more

CRISPR - The right technology for the "cure"

Image
CRISPR - Clustered Regulatory Interspaced Short Palindromic Repeats, a family of the DNA sequence in bacteria contains snippets of DNA which are used by the bacterium to detect and destroy the DNA of viruses which is considered as a defense system for the bacteria .This has been used as a effective tool for changing the genes within the organisms. In the treatment of AIDS, DNA of the HIV is inserted into the genome of the host where it can lay dormant for years and its effects can be changed slightly as the virus cannot be made to remain in the inactive state permanently. In the recent days, scientists proved that it is possible to cut the HIV cells out of living cells of patients in a laboratory using CRISPR. Currently, they carried out an experiment in the lab with the rats which had HIV in 99 per cent of their cells. By injecting CRISPR into the rat’s tails, they were able to remove 48 per cent of the virus from the DNA of their body cells. Although the experiments are do
Read more