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Declining Treatment Cost with Reduced Waiting Time Driving Medical Tourism Market

Sep 16, 2014

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Singapore medical tourism industry is witnessing a remarkable growth inclination over the past few years. World class amenities, expertise doctors and high success rate of complex surgeries are boosting patients’ confidence on country’s medical services. Above all, low cost of treatments and less waiting time are the most crucial factors which are driving Singapore medical tourism industry. Considering the above factors, the Singapore medical tourism industry is projected to grow at a CAGR of around 30% during the forecast period 2013-2017.
Singapore has emerged as a leading medical tourism destination worldwide. This growth of medical tourism industry in Singapore can also be attributed to country's world class healthcare infrastructure and state of art facilities. Moreover, the country has shown significant improvement in fulfilling the demand for quality-assured medical care through trained medical specialists and first-class facilities. As a result of the rise in number of medical tourists, various avenues have opened up in the sectors of neurology, orthopedic and cosmetic treatments.
The report Booming Medical Tourism in Singapore Outlook 2017 provides a profound research and coherent analysis of the current status and future growth prospects of the medical tourism Industry in the country. The research includes study of medical tourist arrivals and tourism receipts in the country. Besides that, our research also highlights major market segments of medical industry in Singapore coupled with their cost comparison with other major countries. Other than that, the report exhibits the emerging trends in country which are boosting the medical tourism industry in the country.
To provide a comprehensive view, the research also provides information about existing medical infrastructure and government regulation in the country. Further, through the section of key players, we have tried to provide the insight of current market scenario and existing competition to our customers. Additionally, we have also covered the key statistics of these players in the country. In all, the report presents a comprehensive look at the sector’s past, present, and future scenario which would prove decisive for the client.
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