Asian medical tourism is growing fast
Published on Aug 4, 2011
Market researchers forecast significant short-term growth in Asian medical tourism. A report titled ‘Asian Medical Tourism Analysis (2008-2012)’ by Bharat Book Bureau says the industry will grow by 20% in the period 2010-13. Asian medical tourism has been growing at a double-digit rates for the past few years, making it one of the fastest growing segments of the Asian tourism industry. Thailand, India, and Singapore have dominated the region’s medical tourism industry, with a combined market share of over 89% in 2010. However, the report tips India to emerge on top, accounting for around 38% of the region’s medical tourism industry by 2013. For the last decade Asian countries have been pouring investments into their healthcare infrastructure to meet foreign demand for supreme quality-assured medical care through fi rst-class facilities and highly trained medical specialists.