Koncept Analytics Releases New Report on Medical Tourism Market

May 12, 2008 - PRLog -- Medical or health tourism is among the fastest growing industries in the world. The major forces driving growth of this emerging industry include the rising cost of healthcare and limiting scope of insurance coverage in developed countries, increasing waiting time for treatments, and low cost of treatments elsewhere.

Medical tourism market is characterized by tough competition in the Asian countries. Health system in Singapore is ranked as the best in Asia and amongst the best in the world. The country is well known for quality medicine and state-of-the art medical care. Growth in the medical tourism sector in Thailand has been largely led by the private sector. The number of foreign patients in Malaysia is projected to grow at a rate of about 25-30 percent until 2010. India, on the other hand, offers medical treatment at the lowest cost along with providing alternate therapies like yoga, ayurveda, aromatherapy, and acupuncture.

Thailand is the only country which is faced with tough competition from both ends, low-cost treatments from India and Malaysia as well as high-end medical services from Singapore. In the meantime, price difference between Singapore and Thailand is also reducing at a significant rate. All the leading hospitals in Asian countries are getting themselves accredited by international associations.

The report broadly includes the following

List of Charts

Medical Tourism - Service Network
Worldwide Medical Tourism Market (2004-12E)
Thailand - Inflow of Foreign Patients (2000-2010E)
Thailand - Revenue from Foreign Patients (2000-2010E)
Thailand - Medical Tourists by Country of Origin
Malaysia - Tourist Arrivals Growth (2002-07)
Malaysia - Health Expenditure (Public versus Private)
Singapore - International Patient Inflow (2001-06)
India – SWOT Analysis

List of Tables

Major Healthcare Groups in Asia
Comparative Cost of Treatment in Asian Countries
Ratio of Medical Care Resources to Population in Asian Countries
India - Major Players in Medical Tourism Industry
India – Breakdown of Foreign Tourists by Purpose of Visit
India – Breakdown of NRIs by Purpose of Visit
India - Tourists Arrivals (2001-07)
Exchange Rate for INR against USD (2007)
JCI Accredited Hospitals in Major Asian Countries  

For more information, please visit http://www.konceptanalytics.com/reportDetail.aspx?reportI...

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About Koncept Analytics:
Koncept Analytics, founded in 2005, works with the clients in developing an understanding of the various industries – segments and sub-segments, companies, competitors and suppliers. Koncept specializes in bringing a clear thinking on various industry verticals including telecommunications, healthcare, technology, real estate, retail, logistics and media. Major coverage areas include North America, Europe, Middle East and Asia.