Jan 17, 2012

Singapore - Research and Markets: Singapore Medical Tourism Industry Outlook to 2015



Currently the second largest medical tourism market in Asia, famous for intricate medical procedures

The report  titled Singapore Medical Tourism Industry Outlook to 2015 provides a comprehensive analysis of the Singapore Medical tourism industry covering in detail various aspects such as market size on the basis of number of foreign patients, medical tourist arrivals, revenue from foreign patients, medical tourist receipts, market segmentation, competitive landscape and profiles of the major hospitals treating foreign patients in the country.

The report also entails major drivers and growth barriers of medical tourism market.

Singapore is currently the second largest medical tourism market in Asia closely following behind India in terms of revenue from foreign patients. Country's advanced healthcare services coupled with world class trained doctors, reasonable travel cost and 21 JCI accredited hospitals and medical centers has aided the medical tourism industry to allure foreign patients from South East Asia, North America and Europe.

Cardiology, ophthalmology and oncology are the leading services for which Singapore has achieved specialization.

The country also has a booming dental market. Singapore is generally preferred for more intricate medical procedures such as oncology treatment and transplants therefore the country generally caters to the high end medical treatment. Since these procedures are more expensive compared to other treatments, Singapore might register less number of medical patients but earns higher revenue.

Singapore is largely famous for intricate medical procedures such as heart surgeries. The country possesses highly qualified doctors with updated medical technology in most of the medical centers.




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