The Asian Medical Tourism Analysis (2008-2012) Report is Now Available

Tue Jun 17, 2008 9:00pm EDT
 
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DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/ffc209/asian_medical_tour)
has announced the addition of the "Asian Medical Tourism Analysis
(2008-2012)" report to their offering.

   The report, "Asian Medical Tourism Analysis (2008-2012)", provides
an insight into the Asian medical tourism market. The past, present
and future potential of the five biggest Asian markets - India,
Thailand, Singapore, Malaysia and Philippines - have been analyzed,
and both statistics and trends regarding market size, tourist
arrivals, infrastructure, accreditations, cost and success and risk
factors have been thoroughly discussed in the report.

   Asia represents the most potential medical tourism market in the
world. In 2007, the region generated revenues worth US$ 3.4 Billion,
accounting for nearly 12.7% of the global market. The report draw the
fact that the ageing population, particularly in the developed world,
is increasing rapidly, putting an extra demand on an already
overburdened health infrastructure, thus creating huge opportunities
in the Asian medical tourism market.

   The report also acknowledges the fact that the five Asian markets
covered have vast differences in terms of cost, infrastructure, human
resources, patient perceptions, competencies and level of government
support. Thus, it provides valuable information to clients looking to
venture into these markets and helps them to devise strategies while
going for an investment/partnership in these markets.

   For the purpose of this report, the Asian medical tourism market
has been defined as the aggregate of medical tourism markets in
Thailand, Singapore, India, Malaysia and Philippines.

   Key Findings

   --  More than 2.9 Million patients visited Thailand, India,
        Singapore, Malaysia and the Philippines for medical tourism in
        2007.

   --  Thailand's low cost and scenic beaches have enabled it to
        become the largest medical tourism market in Asia; however, an
        unstable political environment and occurrence of another
        epidemic such as bird flu can restrain its growth.

   --  Healthcare costs are considerably high in Singapore as
        compared to other Asian destinations. The country, however,
        boasts of an infrastructure and resources that in some cases
        are even better than those in the west.

   --  India, with its low cost advantage and emergence of several
        private players, represents the fastest growing market. The
        country's questionable sanitary perceptions in the west are,
        however, a major roadblock for growth.

   --  Malaysia and Philippines, both relatively new players in the
        medical tourism market, are expected to grow strongly in the
        next five years.

   --  A number of employers and health insurance firms in developed
        countries have now started looking at medical tourism to
        reduce their surging healthcare expenditure.

   --  The Asian medical tourism market is expected to grow at a CAGR
        of 17.6% between 2007 and 2012.

   Key Issues & Facts Analyzed

   --  Evaluation of past, current and future market trends.

   --  Market study by segment and country.

   --  Discussion about the major drivers of the Asian medical
        tourism market.

   --  Analysis of the opportunities created by the market.

   --  Analysis of the major challenges faced by the market.

   --  Competitive landscape of the market.

   Key Players Analyzed

   This section provides the overview and key facts of prominent
players in the Asian medical tourism markets, such as Apollo,
Bumrungrad, Raffles, Parkway Health and St. Luke's Medical Center.

   Research Methodology Used

   Information Sources

   Information has been sourced from books, newspapers, trade
journals, and white papers, industry portals, government agencies,
trade associations, monitoring industry news and developments, and
through access to more than 3000 paid databases.

   Analysis Methods

   The analysis methods include ratio analysis, historical trend
analysis, and linear regression analysis using software tools,
judgmental forecasting, and cause and effect analysis.

   CONTENTS:

-0-
*T
1. Analyst View

2. Global Medical Tourism Industry
2.1 Medical Tourism - Profile
2.2 Distribution Network
2.3 Preferred Destinations

3. Factors Driving Medical Tourism in Asia
3.1 Health Infrastructure
3.2 Cost & Waiting Time
3.3 IT & Internet
3.4 Accreditations
3.5 Linkage between Payers & Providers

4. Asian Medical Tourism Market
4.1 Market Analysis
4.2 Market Segmentation
4.2.1 Cardiac Procedure
4.2.2 Orthopedic Procedure
4.2.3 Neurological & Spinal Surgery
4.2.4 Cosmetic Surgery
4.2.5 Dental Treatment
4.2.6 Wellness Tourism
4.2.7 Others

5. Asian Medical Tourism Destination Analysis
5.1 Thailand
5.1.1 Market Analysis
5.1.2 Success & Risk Factors
5.2 Singapore
5.2.1 Market Analysis
5.2.2 Success & Risk Factors
5.3 India
5.3.1 Market Analysis
5.3.2 Success & Risk Factors
5.4 Malaysia
5.4.1 Market Analysis
5.4.2 Success & Risk Factors
5.5 Philippines
5.5.1 Market Analysis
5.5.2 Success & Risk Factors

6. Roadblocks
6.1 Follow-ups, Complications & Post-operative Care
6.2 Perceptions
6.3 Weakening Dollar
6.4 Fear of Epidemics
6.5 Ethical Issues

7. Future Outlook

8. Key Players
8.1 Apollo Hospitals Enterprise Ltd.
8.2 Bumrungrad Hospital Public Co. Ltd.
8.3 Parkway Health
8.4 Raffles Medical Group
8.5 St. Luke's Medical Center

TABLES AND FIGURES ALSO INCLUDED
*T

   Companies Mentioned:

   --  Apollo Hospitals Enterprise Ltd.

   --  Bumrungrad Hospital Public Co. Ltd.

   --  Parkway Health

   --  Raffles Medical Group

   --  St. Luke's Medical Center

   For more information visit
http://www.researchandmarkets.com/research/ffc209/asian_medical_tour

Research and Markets
Laura Wood, Senior Manager, press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Copyright Business Wire 2008

 

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