Medical tourism looking sickly as patients watch their spending

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Operators had hoped for a rapid bounce back after curbs on travel were lifted. But inflation fueled by soaring energy and food prices since the Ukraine war started a year ago has left people with little money to spare. | Reuters

Now, with patient numbers having halved from about 600 a month before COVID struck, he is thinking of branching out into colonoscopies and knee replacements.

Some clinics, facing their own higher costs, have hiked charges. A hip or knee replacement at Nordorthopaedics in Lithuania is about 15 percent more expensive now than five years ago, the clinic told Reuters. Knott said most of his patients are from Britain and Iceland, while fewer are coming from other Nordic countries and France.

“If it’s an emergency and only here could do it, then I wanted them to do it. Somehow you just have to find what you need,” she said.The International Medical Travel Journal, published by market intelligence service LaingBuisson, estimates the medical tourism market is currently worth around $21 billion, less than pre-pandemic, although editor Keith Pollard warned data is poor.

 

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