20-Apr-17 Taiwan is closely following the lead of the US in the field of precision medicine. In Sep-16 the US government invited Taiwan to join its Cancer Moonshot Plan. Medical experts anticipate precision medicine will become a disruptive technology, clinics in the future will no longer require medical staff, and medical diagnosis might be conducted online based on the patient's profile. [image: BioTaiwan]
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Chinese citizens are leaving their homes in search of the best care available, or care that they desperately need. Some 483,000 people travelled outbound from China for healthcare in 2015. These medical travellers spent USD6.3 billion on treatment and a further USD3.4 billion on travel and accommodation.
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08-Feb-17 A coalition of 67 organisations made up of travel companies and medical centres in Taiwan have come together to offer their services to travellers seeking medical treatment overseas. These packages tend to be expensive and aimed at high-end tourists from China. By targeting Chinese patients specifically, Taiwan’s efforts could be more directed than many others and thus potentially more successful. [image: IHMT]
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07-Nov-16 Despite a decline in Chinese tourists visiting Taiwan, the medical tourism industry has enjoyed steady growth, thanks to visitors from Europe, North America, Hong Kong and Macau. The number of visitors and the output of the industry have been growing steadily. From 2008 to last year, 63 medical institutions saw the foreign patients increase from 68,000 to 300,000. [image: Medical Tourism Magazine]
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11-Nov-16 The Taiwan government plans to invest NTD11 bn (USD374 mn) in the biomedical industry in 2017 to develop large-scale healthcare firms, new drugs and new medical devices. The project aims to relax investment and recruitment regulations to lure and retain foreign capital and talent, and to encourage local businesses to acquire international companies and develop foreign markets. [image: CNA]
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