Medical Tourism Industrial and Market studies Report: 2016 Edition
"Medical
Tourism Market Report: 2016 Edition"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
– Description-
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).
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.
–
Table of Content
1.
Market Overview
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
3. Market
Dynamics
3.1 Growth Drivers
3.1.1 Low Cost and High
Saving
3.1.2 Services and
Accommodations
3.1.3 Quality Checks
3.1.4 Availability and
Access
3.1.5 Tourism and
Leisure
3.1.6 Growing Elderly
Population
3.1.7 GDP Contribution
3.2 Key Trends
3.2.1 International
Certification
3.2.2 Government
Initiatives
3.3 Challenges
3.3.1 Language and
Cultural Barrier
3.3.2 No Legal Recourse
3.3.3 Selection
Criteria
3.3.4 Ignorance towards
Home Citizens
3.3.5 Association
between Safety, Health and Travel
3.3.6 Social and
Economic Factors
3.4 Significant
Developments
3.4.1 Singapore
3.4.2 Malaysia
3.4.3 Thailand
3.4.4 Indonesia
4. Competitive Landscape
- Market Capitalization
- Operational Bed Growth
- Market Share of Private Healthcare
5. Company
Profiles
5.1 Raffles Medical
Group
5.1.1 Business Overview
5.1.2 Financial
Overview
5.1.3 Business
Strategies
5.2 Bumrungrad Hospital
5.2.1 Business Overview
Comments
Post a Comment