Medical Tourism News

Recent industry report about Medical Tourism company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Medical Tourism Market industry experts.

Medical Tourism News

  • In October 2022, Turkish Airlines launched a program to offer weekly medical tours from the United States that will cost USD 5,000.
  • In August 2022, the Government of India listed ten airports, namely Delhi, Mumbai, Chennai, Bengaluru, Kolkata, Visakhapatnam, Kochi, Ahmedabad, Hyderabad, and Guwahati, to feature special desks, a multi-lingual portal, and simplified visa norms for incoming international passengers visiting India for medical purposes.
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  • In August 2023, the Ministry of Home Affairs introduced a new category for Ayush (AY) visas for foreign nationals seeking treatment under the Ayush system of Indian traditional medicine. This special visa scheme for foreigners includes therapeutic care, wellness, and yoga.
  • In March 2023, the South Korean Ministry of Health selected several locations in the country for the allocation of funds to boost medical tourism. The government invested KRW 200 million (USD 0.15 million) to expand the capacity of Jeju's healthcare facilities to attract and receive foreign tourists.
  • In October 2022, Turkish Airlines launched a program to offer weekly medical tours from the United States that will cost USD 5,000.
  • In August 2022, the Government of India listed ten airports, namely Delhi, Mumbai, Chennai, Bengaluru, Kolkata, Visakhapatnam, Kochi, Ahmedabad, Hyderabad, and Guwahati, to feature special desks, a multi-lingual portal, and simplified visa norms for incoming international passengers visiting India for medical purposes.
  • April 2022: ND Western, a member of the Independent Petroleum Producers Group (IPPG) of Nigeria, and the state-owned Nigerian Petroleum Development Company officially commissioned the Delta Plus Diagnostics facility in Nigeria.
  • February 2022: SYNLAB, Nigeria's leading medical laboratory diagnostic (pathology) service provider, opened a state-of-the-art diagnostic medical laboratory at the Delta State University Teaching Hospital (DELSUTH), Oghara. This was part of the company's effort to help the state government give people good health care.

In October 2022, Twist Bioscience launched the Twist Human Sample ID kit to provide researchers with a solution to track samples throughout the lab workflow. These kits can be easily integrated into Twist NGS workflows and enable tracking from whole blood or purified genomic DNA to ensure sample identification throughout the lab workflow.

In June 2022, PerkinElmer launched New NGS library preparation kits, NEXTFLEX Small RNA-sew kit v4, NEXTFLEX Rapid XP V2 DNA Seq kit, and PG-Seq Rapid Kit V2 to reflect the company's commitment to remove bottlenecks in sample preparation.

In August 2022, mHealth, a community-based wellness platform, launched a one-of-a-kind holistic wellness community built for the C-suite. The corporate wellness startup urates tasks for fitness, daily nutrition and diet, emotional well-being, and chronic care. mHealth works to improve the community's physical, mental, and emotional wellness to provide comprehensive solutions to the CXOs and their families.

In February 2022, a health tech company, Quantum CorpHealth Pvt. Ltd opened three new offices in India (Bengaluru, Pune, and Hyderabad) to meet the country's rapidly increasing need for health and wellness services for corporate employees and their dependents.

  • September 2022: Bionano Genomics Inc. announced the launch of Bionano Laboratories, a new organization that combines Bionano's optical genome mapping (OGM) data services with the clinical testing services previously offered by Lineagen. It also announced the launch of Bionano Laboratories' first OGM-based laboratory-developed test (LDT).
  • March 2022: Mindray launched its latest BC-700 Series hematology analyzers for small-to-midsize labs that incorporate both complete blood count (CBC) and erythrocyte sedimentation rate (ESR) tests.
  • September 2021: The Indian division of Roche Diagnostics launched the Cobas pure integrated solutions analyzer with a more intelligent system suitable for many labs and hospitals operating in the country.
  • June 2022 : Care4Parents, India's eldercare services platform partnered with Dial4242 Ambulance service. As a part of this tie-up, users of Care4Parents will be able to book an ambulance in seconds. This service is available 24X7.
  • May 2022 : MUrgency Group entered into definitive share purchase agreements with a set of investors in Ziqitza Health Care Limited, the leading private sector company in the emergency medical response and transportation (Life Support Ambulance Service) sector in India.
  • April 2023: Aurobindo Pharma approved the transfer of two API units (Unit V and XVII) to its wholly-owned subsidiary Apitoria Pharma Private Limited.
  • January 2023: Novartis sold its active pharmaceutical ingredient (API) manufacturing facility in Ringaskiddy, Ireland, to Sterling Pharma Solutions. Under the terms of the agreement, Novartis continues to manufacture several APIs for cardiovascular, immunology, and oncology medicines at Ringaskiddy.
  • January 2023: Elicio Therapeutics engineers lymph node-targeted adjuvants and vaccines for an array of aggressive cancers and infectious diseases and entered into a definitive merger agreement with Angion Biomedica Corp to focus on advancing Elicio's proprietary lymph node-targeting Amphiphile (AMP) technology to develop immunotherapies, with a focus on ELI-002, a therapeutic cancer vaccine targeting mKRAS-driven tumors.
  • November 2022: Hubro Therapeutics AS acquired GM-CSF vaccine adjuvant from Targovax ASA in an asset purchase agreement for a cash payment of NOK10 million. Hubro continues the development of GM-CSF as an adjuvant for use with its pipeline of novel cancer vaccines.
  • October 2022: Saudi Arabian company AZDEF launched an MRI safety awareness campaign that began with the Advanced Safety Training Seminar, which was held in Dubai in partnership with the Dubai Health Authority (DHA).
  • January 2022: Saudi Arabia's Sanad Charitable Association raised awareness of childhood cancer through its campaign launched under the slogan 'Sanad for Our Children.' Awareness of childhood cancer targets the families of those brave children. It informs them about how they can detect the symptoms or onset of the disease, thus positively impacting the market.

Medical Tourism Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)