China is facing acute healthcare delivery challenges as more of its population begins to suffer from non-communicable diseases such as cancer, heart disease, diabetes and other chronic illnesses. This, along with a growing wealthy class, has propelled an increasing number of Chinese patients to travel to the U.S., Europe and Asia for medical treatments in oncology, cardiology, pediatrics and organ transplants, among many other procedure specialties. There is also a strong interest in comprehensive medical check-ups and wellness services.
According to a recent report by Hurun and ILTM Asia, 66 percent of China’s 1.18 million wealthy millionaires would consider medical tourism.
In 2014, a U.S. venture capital firm invested over $8 million dollars in Saint Lucia Consulting Ltd, a Chinese company – and MTA member, specializing in sending Chinese patients to top tier hospitals in the U.S., Europe and Asia.
As more Chinese patients turn to medical tourism, it is critical that international healthcare providers understand the particular needs of the China patient market and provide the necessary healthcare and concierge services they require. This is especially important considering the cultural and language challenges that are inherent to this market. There is also a need to focus on creating a sustainable global brand and leverage relationships with patient referral sources such as medical tourism facilitators, physician groups and hospitals to increase international patient volume.
Why attend WMTC China-Boao?
- Expand your network of partners as you meet with international employers, insurance companies, travel agents and facilitators.
- Learn what treatments and procedures patients from China and the Asia-Pacific region are looking for?
- Find out what Chinese patients look for in a hospital or clinic?
- Increase number of international patient referrals.
- Learn how to develop and expand your international patient center and create the best patient experience.
“We wanted to thank you for the time we spent together at the MTA conference and trade mission…it was our first time in China, and it was a pleasant experience and effective at the same time.”
“Thank you SO much… China was an eye opening experience for me. One-fourth of the world’s people will soon demand access to cutting edge healthcare via their expanding economy and increasing exposure on the world stage. I saw opportunities to both learn and teach… and I saw opportunity to provide options for them if seeking care abroad. I look forward to cultivating these new relationships on both a business and personal level”
Dr. Alejandro Badia
“MTA is great at organizing key players and stakeholders to visit one of the fastest growing healthcare markets in the world and people from Beijing Great-Idea Business Resources just know how to host the international guests and what are of benefit to them and the host country. It was a very successful trip and we all enjoyed it a lot. Thank you!”
Dr. Win Zaw Aung
“MTA did a great job by organizing the trade mission and Congress. The event opened new opportunities to all the participants of the trade mission. To get acquainted with so many Chinese serious businessmen during one week face to face would have been not possible without this trip. We all do appreciate and are sincerely grateful to MTA. Moreover the interaction within the group was incredible. I am sure new projects will be launched as a result.”
Head of ABT Educational