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NewswireTODAY - /newswire/ -
Delhi, New Delhi, India, 2007/10/16 - A new concept has emerged on the global tourism block called ‘Medical Tourism’ that combines medical treatment along with handsome tourism packages.
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A new concept has emerged on the global tourism block called ‘Medical Tourism’ that combines medical treatment along with handsome tourism packages. RNCOS released a report named “Opportunities in Asian Medical Tourism (2007-2010)” that provides extensive research and objective analysis on the Medical Tourism Sector in Asia.
The report has been written to help clients in analyzing the opportunities critical to the growth of medical tourism sector in Asia. Detailed data and analysis will help the investors to comprehend the changing dynamics of the healthcare industry.
Key Findings
· With global revenues of an approximate US$ 20 Billion (2005), the medical tourism industry is the one of the world's largest industries.
· With increasing number of non-insured population in western countries and increasing healthcare expenditure to GDP resulting in people to opt for treatment options out- side their country.
· The cost-effective treatment in Asian countries like Thailand, Malaysia and India combined with almost nil waiting time makes Asia a lucrative destination for medical tourists.
· Growing medical tourism in Asia will be one of the major sources for foreign exchange.
· In Asia, India and Thailand will emerge as key players in the Asian Medical Tourism Industry.
Key Facts and Issues Analyzed
The research report also addresses the facts and issues that are critical to business success, such as:
· What are the emerging trends in the Medical Tourism Industry in Asia?
· What is the future scenario of the Medical Tourism Industry in Asia?
· What are the initiatives taken by governments to promote Medical Tourism?
· What opportunities exist for the Medical Tourism Industry?
· What is the market potential in Asia?
· What Challenges are faced by the industry?
Key Players Analyzed
This section provides the overview and key facts of prominent players like Global Choice Healthcare, PlanetHospital, MedRetreat, Globe Health Tours, Indushealth, Wockhardt Ltd, Apollo Hospitals, St. Luke's Medical Center, Mahkota Medical Centre etc. in the Asian healthcare market.
Research Methodology Used
Information Sources
Information has been sourced from books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to access to more than 3000 paid databases.
Analysis Methods
The analysis methods include Ratio Analysis, Historical Trend Analysis, Linear Regression Analysis using software tools, Judgmental Forecasting and Cause and Effect Analysis.
About RNCOS
RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.
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