Top Banner
Health Tourism today and into the future Dr Tim Wilson: PwC Health Industries Leader www.pwc.com 20 February 2018 Strictly private and confidential
37

Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

Oct 28, 2019

Download

Documents

dariahiddleston
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

Health Tourism today and into the future

Dr Tim Wilson: PwC Health Industries Leader

www.pwc.com

20 February 2018Strictly private and confidential

Page 2: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

Agenda

What, where and why? 3

What might health tourism look like in a few years? 8

What is AI and what is it capable of in healthcare? 14

What is the role of AI in health tourism? 24

Page

2Health Tourism today and into the future

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 3: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

What, where and why?

3Health Tourism today and into the future

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 4: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

What do people travel for?

4Health Tourism today and into the future

Source: Global Wellness Institute, PwC analysis

Wellness MedicalHotel/Day Spas

Homeopathy/Osteopathy

Resort spas

Ayurveda + yoga retreats

Medical spas

Weight loss management

Health check-ups

Rehab(post-acute,

addiction, etc.)

Clinical specialties: Cardiology, oncology,

orthopaedics, etc.

Aesthetic care (Cosmetology, etc.)

Fitness

Wellness offerings Clinical offerings Vanity and wellness offerings

Tourism-oriented Patient-oriented

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 5: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential 5Health Tourism today and into the future

Where do people travel to?Where do people travel to?

Costa Rica 0.39

South Korea 0.39

Malaysia 0.49

Turkey 0.60

South Africa 0.76

India 0.78

Others 5.88

Thailand 2.29

U.S. 0.80

Brazil 0.91

Mexico 1.10

Total medical tourists: ~ 14 mn

~60%

Number of medical tourists in 2016 (mn))

Top 10 medical tourism destinations by Volume (2016)

Total market value: ~ USD 68 bn

Average spending per visit ranges

from

USD 3,000-10,000

per tourist2.4

2.6

2.7

2.7

3.0

3.1

3.3

3.8

6.9

8.0

UK

India

Canada

Germany

Brazil

Mexico

Turkey

29.6

U.S.

Thailand

South Africa

Others

~57%

Medical tourism market value in 2016 (USD bn)

Top 10 medical tourism destinations by Value (2016)

Source: Allied Analytics, Medical tourism facts & figures, Patients Beyond Borders, Anadolu, PwC analysis

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 6: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

Where do people travel from?

6Health Tourism today and into the future

UK

400

Swaziland

200

Netherlands IraqCanadaRussiaLesothoIndonesia USA China Germany BangladeshLibya

500140

Ukraine

120 100 70 55 55 50 50 47 40

600

Developed economies

Developing economies

Major source markets for medical tourists, 2015 (In Thousand)

Source: Medical tourism facts & figures 2016, PwC analysis

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 7: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

Why do people choose their destination?

7Health Tourism today and into the future

Quality-focused

Cost-focused

Experience-focused

Sought for advanced health infrastructure and

high quality of medical care

Sought mainly for lower treatments cost

Sought mainly for leisure offerings and

wellness services

Sought for high quality healthcare services in

addition to other leisure and recreation offerings

Sought for low cost treatments and other leisure and wellness

offerings

1 2

3 5

6 Sought for quality health services at good value for

money

Sought for combination of low treatment costs, leisure, and good value

for money

Accessibility is also an influencer in the

patients’ decision when selecting a destination

Accessibility

4

7

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 8: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

What might health tourism look like in a few years?

8Health Tourism today and into the future

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 9: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

How much will health and wellness tourism grow?

9Health Tourism today and into the future

Source: Allied Analytics, Global Wellness Institute, PwC analysis

Global medical tourism market value, 2016-2021 (USD bn)

68.1

125.4

13%

20212016

Global Medical Tourism Market Value

CAGR

Global Medical tourism market byValue

Global wellness tourism market value, 2015-2020 (USD bn)

563.2

808.0

6%

20212015

Global Wellness tourism market value

Global Wellness tourism* market byValue

*includes individuals who chose to travel for wellness services or seek wellness services while

travelling for leisure/business

CAGR

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 10: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

How might health tourism change?

10Health Tourism today and into the future

Decision that treatment is

required

Decision to travel

Selection of destination/

facility

Pre travel requirements

Travel for treatment

Receive treatment

Recovery abroad

Recovery at home

Final follow up and

“discharge”

Treatment abroad journey

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 11: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

Where will AI have an impact?

11

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 12: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

Where will AI have an impact?

12Health Tourism today and into the future

SaudiArabia

Qatar

Iran

Role of the public

Readiness ✔

Understanding added value✔

SaudiArabia

Qatar

IranRole of governments

Quality standards

Regulatory frameworks

SaudiArabia

Qatar

IranRole of healthcare

professionals

Knowledge of technology

SaudiArabia

Qatar

IranRole of private sector

Investment in AI & robotics

*By 2020, GCC countries will require at least 30,000 doctors

Healthcare Demand

Available Resources

Workforce Gap*

Impact of AI

Access for patients

Quality

Costs

Source: https://www.pwc.com/m1/en/industries/healthcare/what-doctor-video.html

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 13: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

What does the public in Middle East think of AI?

13Health Tourism today and into the future

2/3 willing to engage with AI & Robotics for their healthcare needs

Most willing to receive AI services to

Monitor heart condition

Provide customised advice for fitness and health

Administer an ECG

Take and test a blood sample and results

The main deterrents are the

absence of empathy and

lack of sufficient trust

in a robot’s decision-making

Source: https://www.pwc.com/gx/en/industries/healthcare/publications/ai-robotics-new-health/survey-results.html

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 14: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

What is AI and what is it capable of in healthcare?

14Health Tourism today and into the future

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 15: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

What is AI?

15Health Tourism today and into the future

No human in the loopHuman in the loop

Hardwired/ specific systems

Adaptive systems

Automated Intelligence1Assisted Intelligence2

Augmented Intelligence3 Autonomous Intelligence4

• AI systems that assist humans in making decisions or taking actions

• Automation of manual and cognitive tasks that are routine

• AI systems that augment human decision making and continuously learn from their interactions with humans and the environment

• AI systems that can adapt to different situations and can act autonomously without human assistance

Humans will still be in the loop for a number of different roles

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 16: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

16

What is AI capable of?

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 17: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

17

What is AI capable of?

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 18: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

18

What is AI capable of?

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 19: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

What is AI capable of?

AI is transforming every aspect of healthcare delivery in innovative ways

19Health Tourism today and into the future

AI in Provider applications to identify anatomical features and abnormalities in medical images

Avicenna Deep learning

AI in Payer applications to predict patients risk and premiums

Kaiser PermanenteMachine Learning

Benevolent AIMachine Learning

AI in Pharma/Life Sciences applications to develop drugs

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 20: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

What is AI capable of?

A sample of AI start-ups from all over the world

20Health Tourism today and into the future

Source: https://www.cbinsights.com/research/artificial-intelligence-startups-healthcare/

‘By February 2017, investors had

poured over $1.79bn in

acquisitionsor funding for 106 AI start-ups

inhealthcare’

Patient data & risk analytics Research Medical imaging & diagnostics

Mental health

Drug discovery

Virtual assistants

WearablesMiscellaneous

Hospital care management

ER & surgery

Lifestyle management

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 21: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

What is AI capable of?

PwC Middle East Report – The potential impact of AI in the Middle East

21Health Tourism today and into the future

SaudiArabia

KuwaitBahrain

Qatar UAE

Oman

Iran

US$59 billion to health and education US$320 billion to the economy

Enhanced patient experience Improved clinical outcomes

In 2030, AI in the Middle East will contribute to

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 22: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

Live polling

22Health Tourism today and into the future

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 23: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

What are business leaders in the Middle East doing to prepare for AI?PwC Business Readiness Survey 2018

23Health Tourism today and into the future

Enablers to move forward with AI

think AI & Robotics will have a major impact in 10

years

have started implementing

AI; 37% are exploring

62% 16%

Funding & Investments

Leadership Support

Regulatory Environment

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 24: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

What is the role of AI in health tourism?

24Health Tourism today and into the future

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 25: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

How might AI impact tourism?AI will disrupt health tourism

25Health Tourism today and into the future

Decision that treatment is

required

Decision to travel

Selection of destination/

facility

Pre travel requirements

Travel for treatment

Receive treatment

Recovery abroad

Recovery at home

Final follow up and

“discharge”

Treatment abroad journeyPotential impact of AI

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 26: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

How can countries use AI to their advantage?

26Health Tourism today and into the future

7 themes cut across the practical implementation of AI

Adapt, adopt and transform

Now is the time to start building trust

AI is transforming every aspect of healthcare delivery in innovative ways…

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 27: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

What will patients get by travelling for AI enhanced care?

27Health Tourism today and into the future

Quality-focused Cost-focused

Experience-focused

Sought for combination

of low treatment costs, leisure, and good value

for money

Better quality of services and care

(precision medicine, faster recovery)

Overall lower cost for better benefits

Unique and personalized experience with

technologically enhanced services

AI enhanced

care

What is the role of AI in health tourism?What is AI and what is it capable of in healthcare?What might health tourism look like in a few years?

What, where and why?

Page 28: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

©2018. PwC Middle East All rights reserved. PwC refers to the Middle East member firm, and

may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please

see http://www.pwc.com/structure for further details.

Thank you

Page 29: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

Why do people choose their destination?

29Health Tourism today and into the future

Quality-focused

Cost-focused

Experience-focused

Sought for advanced health infrastructure and

high quality of medical care

Sought mainly for lower treatments cost

Sought mainly for leisure offerings and

wellness services

Sought for high quality healthcare services in

addition to other leisure and recreation offerings

Sought for low cost treatments and other leisure and wellness

offerings

1 2

3 5

6 Sought for quality health services at good value for

money

Sought for combination of low treatment costs, leisure, and good value

for money

Accessibility is also an influencer in the

patients’ decision when selecting a destination

Accessibility

4

7

Page 30: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

30

What is AI capable of?

Page 31: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

31

What is AI capable of?

Page 32: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

32

What is AI capable of?

Page 33: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

What does the public in Middle East think of AI?

34Health Tourism today and into the future

2/3 willing to engage with AI & Robotics for their healthcare needs

Most willing to receive AI services to

Monitor heart condition

Provide customised advice for fitness and health

Administer an ECG

Take and test a blood sample and results

The main deterrents are the

absence of empathy and

lack of sufficient trust

in a robot’s decision-making

Source: https://www.pwc.com/gx/en/industries/healthcare/publications/ai-robotics-new-health/survey-results.html

Page 34: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

What is AI capable of?

AI is transforming every aspect of healthcare delivery in innovative ways

34Health Tourism today and into the future

AI in Provider applications to identify anatomical features and abnormalities in medical images

Avicenna Deep learning

AI in Payer applications to predict patients risk and premiums

Kaiser PermanenteMachine Learning

Benevolent AIMachine Learning

AI in Pharma/Life Sciences applications to develop drugs

Page 35: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

What is AI capable of?

A sample of AI start-ups from all over the world

35Health Tourism today and into the future

Source: https://www.cbinsights.com/research/artificial-intelligence-startups-healthcare/

‘By February 2017, investors had

poured over $1.79bn in

acquisitionsor funding for 106 AI start-ups

inhealthcare’

Patient data & risk analytics Research Medical imaging & diagnostics

Mental health

Drug discovery

Virtual assistants

WearablesMiscellaneous

Hospital care management

ER & surgery

Lifestyle management

Page 36: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

What is AI capable of?

PwC Middle East Report – The potential impact of AI in the Middle East

36Health Tourism today and into the future

SaudiArabia

KuwaitBahrain

Qatar UAE

Oman

Iran

US$59 billion to health and education US$320 billion to the economy

Enhanced patient experience Improved clinical outcomes

In 2030, AI in the Middle East will contribute to

Page 37: Health Tourism today and into the futuredihtf.com/wp-content/uploads/presentations/DrTim Wilson - Health... · Source: Allied Analytics, Global Wellness Institute, PwC analysis Global

PwC 20 February 2018

Strictly private and confidential

What will patients get by travelling for AI enhanced care?

37Health Tourism today and into the future

Quality-focused Cost-focused

Experience-focused

Sought for combination

of low treatment costs, leisure, and good value

for money

Better quality of services and care

(precision medicine, faster recovery)

Overall lower cost for better benefits

Unique and personalized experience with

technologically enhanced services

AI enhanced

care