Medical Tourism Forgoes the Impact of Recession in Asia

Delhi, India (PressExposure) July 16, 2009 -- The rise in healthcare costs and most of the population in USA without any health insurance cover, the Asian medical tourism market is likely to reach at US$ 5.4 Billion by 2012, says a new report “Asian Medical Tourism Analysis (2008-2012)” by RNCOS.

According to a research analyst at RNCOS, the global financial crisis impact has largely been felt in the European countries. The people in these countries are cutting down on their conspicuous consumption and have preferred to allocate their budgets on essentialities. The healthcare being a priority for the people has best been served in Asia in such turbulent times. Asian countries, least affected by the crisis, are providing treatments at relatively lower costs and are emerging as specialty centers by offering services matching up with the western standards. The cost of some highly sophisticated treatments such as hip replacement, heart valve replacement is 8-10 times lower in India and Thailand than in United States.

Also, with the benefits of lower costs and incentives provided by the US insurance companies to get treatments in Asian countries, more than 3 Million patients visited Thailand, India, Singapore, Malaysia, South Korea and the Philippines for medical tourism in 2008, as discovered by our new report.

Our report “Asian Medical Tourism Analysis (2008-2012)” provides an extensive overview and detailed analysis of the various emerging medical tourism destinations in Asia. It also highlights the key market trends in various Asian countries and their impact on future growth prospects. The report will help the clients to identify the most emerging medical tourism destinations in future given the present market performance and the events that will define the future direction of growth.

The report also identifies the challenges involved in order to prepare our clients allocate the required resources to deal with them. It also provides the future outlook based on the expected number of medical tourist arrivals and the potential market size in the coming years.

For FREE SAMPLE of this report visit: []


About RNCOS E-Services Pvt. Ltd.

RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We 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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Press Release Submitted On: July 16, 2009 at 5:34 am
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