This blog aims to support and provide information regarding the Philippine’s Medical Tourism .
Based on statistical records, the global medical tourism market has become one of the fastest growing sectors in the world economy, with revenues standing at approximately US$40 billion in 2010. Reflective of its explosive expansion, the industry is projected to grow to US$70 billion by 2013. Some earlier reports even estimated the total market size for both medical and wellness tourism to stand at US$3 trillion.
Given the industry’s potential in contributing to the national economy and its rich resource of medical professionals, the Philippines recognized the bright prospects of this industry.