Countries in Southeast Asia have discovered a new and effective tool in the form of “Comparatively Lower Costs of Healthcare” for bringing in the tourists from Middle East.
DOHMS (Dubai's Dept. of Health & Medical Services) and Health Ministry of Singapore have signed a MoU for promoting the collaboration in the field of healthcare. This deal is expected to encourage greater cooperation between healthcare set ups in Dubai and Singapore.
"Singapore continues to look at ways to ensure that overseas patients who are looking for treatment within our advanced system have the opportunity to access it," said Ke-Wei Peh, Singapore Tourism Board’s director for Middle East and Africa, as per the news published in Gulf News.
"Our vision is to provide a complementary offering to healthcare systems across the Middle East, with a focus on advanced and innovative areas of medicine within Singapore," said Ke.
On an average about 200 patients per month visited Singapore from Middle East & Africa region to get treated in the year 2006. Treatments offered in India range from the simple procedure of facelift to the complex heart surgery.
Govt. agencies & firms from Southeast Asian region are working in collaboration, so that comprehensive offering can be provided to medical tourists. The tourists being focused are those looking for advanced treatment for complicated procedures overseas.
As per RNCOS report on “Opportunities in Asian Medical Tourism (2007-2010)”, in terms of revenue generation from Medical tourism, Singapore has always been the forerunner in developing medical tourism. The country is next only to Thailand. The country generated US$ 915 Million from medical tourism in 2005. However, it will likely reach US$ 1600 Million by 2012, representing a CAGR of 8.31%. The govt. is optimistic about promoting general surgery, medicine & other specialist services, comprising cardiology and organ transplant.
About the report
RNCOS report “Opportunities in Asian Medical Tourism (2007-2010)” provides the clients with answers to some of the most prevalent questions. For example, what are the emerging trends in the Medical Tourism Industry in Asia, what opportunities exist for the Medical Tourism Industry, what is the market potential in Asia, what challenges are being faced by the industry at present, and so on.
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.