subject: Singapore to Emerge as Key Medical Tourism Destination by:Shushmul Maheshwari [print this page] Singapore represents Asia's second largest medical tourism market after Thailand. The country is well known for quality medicine, state-of-the art medical care, and meticulous healthcare workers. The country is also blessed with the high quality transport facilities that have also supported the growth of medical tourism in the country. As per our new research on the sector called "Asian Medical Tourism Analysis (2008-2012)", the medical tourism market in Singapore is forecast to grow at a CAGR of around 9% during 2010-2012.
Singapore has got advantages of its highly developed and advanced medical care facilities. Because of these advanced facilities, Singapore can compete in the field of more sophisticated treatments such as cardiac and neurosurgeries. We have done an extensive research and analysis of the Asian medical tourism sector in order to understand the factors that will continue to serve as growth drivers for the medical tourism industry in Asia. We have identified that factors such as increasing cost and time of treatments and operations in the western countries, improving healthcare standards, and low cost of treatments are the key growth drivers. Our research provides complete information on how these factors will affect the market growth.
The report studies and analyzes the cost and infrastructure standard of various treatment facilities in Asian countries. It also presents a cost comparison of various medical treatments between Asian and western countries, which will help clients to understand the current industry scenario in a far more convenient way. Besides, the report also highlights various roadblocks that are restraining the growth of the overall medical tourism industry.
"Asian Medical Tourism Analysis (2008-2012)" provides an extensive research and rational analysis along with reliable statistics of the Asian medical tourism industry. It includes information on the number of medical tourist arrivals, medical tourist facilitators and accreditation standards of hospitals. It also includes brief business description of key players in the market. The report has thoroughly examined current market trends; industrial developments and competitive landscape to enable clients understand the market structure and its progress in coming years.
RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.
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