Asian Medical Tourism market in a fast growth mode
Friday 7, January 2011
According to our latest report entitled "Asian Medical Tourism Analysis (2008-2012)", the Asian medical tourism industry is currently growing at a double-digit growth rate.
The availability of world-class healthcare infrastructure and skilled medical professionals along with low cost treatments are some of the key factors that are driving the market growth. The growth momentum is expected to continue in future also and it is expected that around 5.6 million health tourists will visit Asian countries by 2012 spending around US$ 9.1 Billion in return.
The report has covered current market performance and analysis of the key Asian countries such as, Thailand, Singapore, India, Malaysia, South Korea, and the Philippines. These countries have witnessed a significant development in the area of health tourism on the back of the government support and private investments. It is estimated that more than 4.3 Million medical tourists will visit these countries during 2010, generating combined revenue worth over US$ 6.7 Billion.
Our report has found out that India can be regarded as the most attractive and potential medical destination in key Asian countries. India has the advantage of well-known hospital chains that offer splendid range of health services and treatments at low prices. Patients from developed countries such as, the US, Germany, and the UK prefer to visit India due to English speaking population and attractive tourist places.
The report "Asian Medical Tourism Analysis (2008-2012)" covers all the important aspects of health tourism market in Asian countries providing statistics and an in-depth analysis of the key regions and segments. The report also provides comprehensive research and unbiased analysis of current market performance and future outlook. The future projection in key segments and variables has been calculated after proper utilization of effective methods and techniques. Analysis of key market trends that may have an impact on the overall market performance has also been covered. Besides, description and recent developments of key market players has been discussed.
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