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Monday, July 4, 2011

Wellness Update: Asia: Thailand, India, and Singapore dominated the region’s medical tourism

Asian Medical Tourism Analysis (2008-2012) by RNCOS in Hospitals & Clinics, Asia, Tourism: "

“Asian Medical Tourism Analysis (2008-2012)”, the Asian medical tourism industry revenue is projected to grow at a CAGR of over 20% during 2010-2013. Asian countries, such as India, Malaysia, Singapore, and Thailand have been pouring investments into their healthcare infrastructure to meet the demand for supreme quality-assured medical care through first-class facilities and highly trained medical specialists, including tertiary hospital care.

The Asian medical tourism industry has been growing at a double-digit growth rate for the past few years. Thailand, India, and Singapore dominated the region’s medical tourism industry, with a combined market share of over 89% in 2010. However, our research foresees India to emerge as one of the fastest growing medical tourism industries, accounting for around 38% of the region’s medical tourism industry by 2013. In this regard, we have done an in-depth analysis of key factors driving growth in the country’s medical tourism industry."

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