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Medical Tourists Spent KRW 350 Billion in Korea Last Year

Medical tourists in Korea last year spent KRW 350 billion, according to a survey of 1,319 foreign patients conducted by the Korean Tourism Organization (KTO).

About 150,000 medical tourists visited Korea last year, up 30,000 from 120,000 in 2011. Notably, the number of Chinese medical tourists increased 76.5 percent compared to 2011.

According to KTO’s estimation, the expenditures of foreign medical tourists reached KRW 350.9 billion, with medical expenses accounting for 57 percent.

“The government is also seeing medical tourism as a new growth engine. We will conduct a survey annually to set up a detailed investment promotion strategy,” said Director Kim Se-man of KTO’s Medical Tourism Division.

Source Text

Source: Yonhap News (Mar. 13, 2013)

** This article was translated from the Korean.

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