Asian medical tourism set for tremendous growth

Wednesday, 23 February 2011 00:27 -     - {{hitsCtrl.values.hits}}

According to the research report ‘Asian Medical Tourism Analysis (2008-2012),’ the Asian medical tourism industry has been growing at a robust pace for the past few years and has become a focal point of attraction for several developing countries.

Moreover, the Asian medical tourism industry revenue is projected to grow at a CAGR of around 17% during 2010-2012, on the back of some key factors discussed in the report.

The ongoing analysis identified that Asian countries such as India, Malaysia, Singapore and Thailand have been pouring investments into their healthcare infrastructure to meet the rising demand for quality-assured medical care through first-class facilities and highly trained medical specialists, including tertiary hospital care.

The report has also elaborated current market scenario and key developments in these countries. Moreover, emerging market of spa and wellness sector in each Asian country has been covered, depicting new avenues for growth in industry.

The report has covered sections, such as analysis of various medical procedures, tourism destination, accreditations that elaborates cost of various surgeries and procedures in Asian countries, with respect to other countries in the world.

The section provides an analysis of treatments, which have cost differentials between developed and emerging market. Moreover, sections like ‘market drivers’ and ‘market trends’ define those factors and avenues that have been boosting the market and providing a further momentum.

‘Asian Medical Tourism Analysis (2008-2012)’ covers Asian medical tourism market in a complete perspective providing reliable data and effective presentation of each detail covered. It provides comprehensive research and unbiased analysis of the current market performance and future outlook of key Asian medical tourism markets – Thailand, Singapore, India, Malaysia, the Philippines, and South Korea.

It acknowledges the fact that the six Asian markets covered in the report have vast differences in terms of cost, infrastructure, human resources, patient perceptions, competencies, and level of government support. Each of the fact has been thoroughly studied in the report. The report provides valuable information to clients planning to venture into these markets and helps them to devise strategies.