New Report Evaluates the Asian Medical Tourism Industry with Its Growth Drivers and Trends with Focus on Thailand, Malaysia, Singapore & India
DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/reports/c90659) has announced the
addition of "Medical Tourism Market in Asia: Focus on Thailand,
Malaysia, Singapore & India" to their offering.
Medical or health tourism is among the fastest growing industries
in the world. The major forces driving growth of this emerging
industry include the rising cost of healthcare and limiting scope of
insurance coverage in developed countries, increasing waiting time for
treatments, and low cost of treatments elsewhere.
Medical tourism market is characterized by tough competition in
the Asian countries. Health system in Singapore is ranked as the best
in Asia and amongst the best in the world. The country is well known
for quality medicine and state-of-the art medical care. Growth in the
medical tourism sector in Thailand has been largely led by the private
sector. The number of foreign patients in Malaysia is projected to
grow at a rate of about 25-30 percent until 2010. India, on the other
hand, offers medical treatment at the lowest cost along with providing
alternate therapies like yoga, ayurveda, aromatherapy, and
acupuncture.
Thailand is the only country which is faced with tough competition
from both ends, low-cost treatments from India and Malaysia as well as
high-end medical services from Singapore. In the meantime, price
difference between Singapore and Thailand is also reducing at a
significant rate. All the leading hospitals in Asian countries are
getting themselves accredited by international associations.
It discusses the main medical tourist destinations of Asia and
their respective competitive advantages. The major healthcare
organizations in Asia are also discussed in the later part of the
report.
Key Topics:
- Medical Tourism: An Overview
- Market Overview
- Market Drivers
- Key Issues
- Company Profiles
Companies mentioned:
- Bumrungrad Hospital
- Bangkok Hospital Medical Center
- Apollo Hospitals
- Wokhardt Hospital
- Parkway Hospitals
For more information visit
http://www.researchandmarkets.com/reports/c90659
Research and Markets
Laura Wood, Senior Manager
Fax: +353 1 4100 980
press@researchandmarkets.com
Copyright Business Wire 2008
