Medical tourism is a
high-growth industry driven by globalization and rising healthcare costs in
developed countries. People prefer traveling to developing countries for
treatments in order to save cost. More than forty countries in Asia, America,
Africa and Eastern Europe are serving millions of medical tourists annually.
International medical service providers are in continuous race to get
accreditation from Joint Commission International (JCI).
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Thailand,
Singapore, Malaysia and India are the major destinations in the Asian medical
tourism market. Thailand is more popular among Western European medical
tourists for cosmetic surgery. Singapore and India specialize in complex
procedures with India having a cost advantage and Singapore a technology
advantage. The most common categories of procedures that people pursue during
medical tourism trips are cosmetic surgery, dentistry, cardiology (cardiac
surgery), and orthopedic surgery.
The healthcare
industry in Thailand has seen rapid growth in recent years, ahead of the
country's GDP. In Thailand, medical costs are lower than in Singapore and also,
it is a much more popular tourist destination. In this regard it is providing
medical services, latest medical technology, medicines, and is further
strengthening modern medicine, alternative medicine and biotechnology.
The Malaysian
government is aggressively promoting medical tourism. Through its Ministry of
Tourism, Malaysia oversees tourism policies and tourism-related activities to
realize its vision of making Malaysia an international tourism destination.
Indian
government is aggressively promoting India as a global healthcare destination.
It has also started giving affiliation to the companies working in healthcare
sector. Being one of the lowest cost and highest quality of all medical tourism
destinations, it offers wide variety of procedures at about one-tenth the cost
of similar procedures in the US.
The Korean
government is promoting the nation's growing medical tourism industry and is
actively taking initiatives that are mainly geared to introduce the services
and facilities of Korean hospitals to overseas expositions. However, Korea has
yet to increase its standing among other Asian nations.
This report
gives an overview of the medical tourism industry with focus on Asia. It
discusses the major medical tourist destinations like Singapore, Thailand,
Malaysia, India, South Korea and Turkey and their respective competitive
advantages. The major healthcare organizations in Asia are also profiled in the
later part of the report.
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Table Of Content:
1. Market Overview
1.1 Medical Tourism Industry Structure
1.1 Medical Tourism Industry Structure
2. Medical
Tourism - Market Analysis
2.1 Global Medical Tourism Market
2.2 Asian Medical Tourism Market
-Market Value
-Foreign Patients Inflow
2.2.1 Thailand
-Market Value
-Foreign Patients Inflow
-Breakdown by Procedures
2.2.2 Singapore
-Market Value
-Foreign Patients Inflow
-Foreign Patients by Nationality
2.2.3 Malaysia
-Market Value
-Foreign Patients Inflow
-Foreign Patients by Nationality
2.2.4 India
-Market Value
-Foreign Patients Inflow
-Foreign Patients by Nationality
-Breakdown by Procedures
2.2.5 Korea
-Market Value
-Foreign Patients Inflow
-Foreign Patients by Nationality
-Breakdown by Procedures
2.2.6 Turkey
-Market Value
-Foreign Patients Inflow
2.1 Global Medical Tourism Market
2.2 Asian Medical Tourism Market
-Market Value
-Foreign Patients Inflow
2.2.1 Thailand
-Market Value
-Foreign Patients Inflow
-Breakdown by Procedures
2.2.2 Singapore
-Market Value
-Foreign Patients Inflow
-Foreign Patients by Nationality
2.2.3 Malaysia
-Market Value
-Foreign Patients Inflow
-Foreign Patients by Nationality
2.2.4 India
-Market Value
-Foreign Patients Inflow
-Foreign Patients by Nationality
-Breakdown by Procedures
2.2.5 Korea
-Market Value
-Foreign Patients Inflow
-Foreign Patients by Nationality
-Breakdown by Procedures
2.2.6 Turkey
-Market Value
-Foreign Patients Inflow
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