Preview

The world of new economy

Advanced search

Multi-dimensional Analysis of Medical and Wellness Tourism as a Sector of National Economy: Current Challenges, and Future Perspectives

https://doi.org/10.26794/2220-6469-2025-19-4-101-113

Abstract

Relevance. Medical and wellness tourism plays a significant role in contemporary economics by shaping regional markets, attracting substantial financial resources, and fostering innovative developments in national healthcare systems. The purpose of the study is to reveal the mechanisms underlying the operation of medical tourism, and formulates practical recommendations for market participants. Research methods. The author uses a combination of theoretical-analytic and  empirical approaches: review of scientific literature and systematic analysis of publications and statistical materials; conceptual data modeling (ERD); use of Python programming tools for hypothesis testing, detecting trends and qualitative evaluation of prospective development of the industry. Scientific novelty. The paper presents new definitions and detailed comparison of various stages of development of medical tourism, highlighting contemporary risk factors and approaches to the integration of technologies that shape the circumstances for increasing the competitiveness of countries in the medical tourism market. Main results. Stages of transformation and dynamics of medical tourism’s development were established including cross-cultural dimensions and digitalizing of medical tourism. Practical Value. The article provides recommendations for shaping efficient strategy of medical tourism, optimizing of legislation, improving marketing strategies, etc. The findings can be useful for government bodies, leaders of medical institutions, and professionals in the field of medical tourism. 

About the Author

E. V. Tarasenko
Financial University under the Government of the Russian Federation; Plekhanov Russian Economic University
Russian Federation

Elvira V. Tarasenko — Cand. Sci. (Econ.), Associate Professor at the Department of Tourism and Hotel Business; Associate Professor at the Department of Hotel and Tourism Management 

 Moscow 



References

1. Oborin M. S. Special types of tourism: Medical tourism. Servis v Rossii i za rubezhom = Services in Russia and Abroad. 2022;16(1):179–187. (In Russ.). DOI: 10.24412/1995–042X-2022–1–179–187

2. Nikol’skaya E. Yu., Ignat’ev A.A. Trends in the development and promotion of medical tourism in Russia. Moscow: KnoRus; 2023. 94 p. (In Russ.).

3. Ghasemi M., Nejad M. G., Aghaei I. Knowledge management orientation and operational performance relationship in medical tourism (overview of the model performance in the COVID-19 pandemic and postpandemic era). Health Services Management Research. 2020;34(4):208–222. DOI: 10.1177/0951484820971438

4. Karadayi-Usta S., Asan S. S. A conceptual model of medical tourism service supply chain. Journal of Industrial Engineering and Management. 2020;13(2):246–265. DOI: 10.3926/jiem.3008

5. Crooks V. A., Ormond M., Jin K. N. Reflections on ‘medical tourism’ from the 2016 Global Healthcare Policy and Management Forum. BMC Proceedings. 2017;11(8):6. DOI: 10.1186/s12919–017–0075–8

6. Horowitz M. D., Rosensweig J. A. Medical tourism-health care in the global economy. The Physician Executive. 2007;33(6):24–31.

7. Mason A. M., Spencer E. Health communication: Insights for quality hospitality bridging healthcare delivery in medical tourism. In: DeMicco F.J., ed. Medical tourism and wellness: Hospitality bridging healthcare. Abingdon: Routledge; 2017:127–145.

8. Ghose K. Hospitality in and out of hospitals: Creating and maintaining brand equity for medical tourism destination brands (MTDs). Romanian Journal of Marketing. 2010;4:114–131.

9. Smith R. D., Chanda R., Tangcharoensathien V. Trade in health-related services. The Lancet. 2009;373(9663):593–601. DOI: 10.1016/S0140–6736(08)61778-X

10. Medhekar A. Government initiatives for developing medical tourism: India, Singapore, and Australia. In: Proc. 2nd Annu. int. conf. on tourism and hospitality research (THoR 2013). Singapore: Global Science and Technology Forum; 2013:7–16. DOI: 10.5176/2251–3426_THoR 13.04

11. Chuang T. C., Liu J. S., Lu L. Y.Y., Lee Y. The main paths of medical tourism: From transplantation to beautification. Tourism Management. 2014;45:49–58. DOI: 10.1016/j.tourman.2014.03.016

12. Tarasenko E. V. The impact of the cross-cultural aspect on customer-centricity and competitiveness when working with “guest-patients” in the scope of medical tourism: Insights from international hotel groups. RISK: resursy, informatsiya, snabzhenie, konkurentsiya = RISK: Resources, Information, Supply, Competition. 2025;(1):129–135. (In Russ.). DOI: 10.56584/1560–8816–2025–1–129–135

13. Xu Q., Purushothaman V., Cuomo R. E., et al. A bilingual systematic review of South Korean medical tourism: A need to rethink policy and priorities for public health? BMC Public Health. 2021;21(1):658. DOI: 10.1186/s12889–021–10642-x

14. Semina L. I., Slobodyan D. E. The place of the Republic of Rorea in the international medical tourism market. Koreevedenie = Koreanology. 2024;(3):41–56. (In Russ.). DOI: 10.48647/ICCA.2024.47.42.005

15. Tastanbekova Sh. O. Global experience in the development and promotion of medical tourism: South Korea as an example. Vestnik KazNMU. 2016;(4):477–481. (In Russ.)

16. Hassan V., Noaman S. Relation between tourism and health: Case study AIDS in Lebanon. Atiner Conference Paper Series. 2017. TOU 2017–2262. URL: https://www.researchgate.net/publication/340846049_Relation_between_Tourism_and_Health_Case_Study_AIDS_in_Lebanon

17. Horowitz M. D., Rosensweig J. A., Jones C. A. Medical tourism: Globalization of the healthcare marketplace. MedGenMed. 2007;9(4):33.

18. Pocock N. S., Phua K. H. Medical tourism and policy implications for health systems: A conceptual framework from a comparative study of Thailand, Singapore and Malaysia. Globalization and Health. 2011;7:12. DOI: 10.1186/1744–8603–7–12

19. Hopkins L., Labonté R., Runnels V., Packer C. Medical tourism today: What is the state of existing knowledge? Journal of Public Health Policy. 2010;31(2):185–198. DOI: 10.1057/jphp.2010.10

20. Menon K. V., Abdelmottaleb M., Al Ghafri K., Kumar R. An audit of surgical site infections among Omani travelers to India for spinal surgery. Health Policy Open. 2021;2:100049. DOI: 10.1016/j. hpopen.2021.100049

21. Junata M., Tong R. Wearable technology in medicine and health care: Introduction. In: Tong R., ed. Wearable technology in medicine and health care. London: Academic Press; 2018:1–5.

22. Wong B. K.M., Hazley S.A.S. The future of health tourism in the Industrial Revolution 4.0 era. Journal of Tourism Futures. 2021;7(2):267–272. DOI: 10.1108/JTF-01–2020–0006

23. Hassan V., Bellos G. COVID-19: Reshaping medical tourism through artificial intelligence (AI) and robotics. Athens Journal of Tourism. 2022;9(2):77–98. DOI: 10.30958/ajt.9–2–2

24. Reshadi M. S., Mohammadi Chehragh A. A review of medical tourism entrepreneurship and marketing at regional and global levels and a quick glance into the applications of artificial intelligence in medical tourism. AI & Society. 2025;40(5):4011–4027. DOI: 10.1007/s00146–024–02178–6

25. Shafik W. Artificial intelligence and the medical tourism. In: Examining tourist behaviors and community involvement in destination rejuvenation. Hershey, PA: IGI Global; 2024:207–233. DOI: 10.4018/979–8–3693–6819–0.ch016


Review

For citations:


Tarasenko E.V. Multi-dimensional Analysis of Medical and Wellness Tourism as a Sector of National Economy: Current Challenges, and Future Perspectives. The world of new economy. 2025;19(4):101-113. (In Russ.) https://doi.org/10.26794/2220-6469-2025-19-4-101-113

Views: 11


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 2220-6469 (Print)
ISSN 2220-7872 (Online)