Asia's 4$ billion dollar health tourism market
Asia’s US$4 billion medical tourism market
Friday, April 28, 2006
Extensive research by the Singapore Government has revealed that Asia’s medical tourism market will be worth up to US$4 billion by 2012, according to Abacus International.
CEO of Abacus International Don Birch stated “This is a new breed of travellers. They have particular needs, they are going to these locations for a specific reason, and reports are showing that their daily spend is more than double that of other tourists.”
People are lured to Asia to partake in medical treatments for a number of reasons including low costs and high quality of healthcare standards in the region. Such medical procedures include cardiac therapy, cancer treatments, liposuction and Botox injections.
Research has shown that a medical tourist spends an average of US$362 a day, compared with the average traveller spending of US$144. These figures show that there are opportunities for healthcare and tourism operators to work together to better understand the demands and needs of the medical tourism market. It also shows how there are opportunities for Asia to boost arrivals figures."
Friday, April 28, 2006
Extensive research by the Singapore Government has revealed that Asia’s medical tourism market will be worth up to US$4 billion by 2012, according to Abacus International.
CEO of Abacus International Don Birch stated “This is a new breed of travellers. They have particular needs, they are going to these locations for a specific reason, and reports are showing that their daily spend is more than double that of other tourists.”
People are lured to Asia to partake in medical treatments for a number of reasons including low costs and high quality of healthcare standards in the region. Such medical procedures include cardiac therapy, cancer treatments, liposuction and Botox injections.
Research has shown that a medical tourist spends an average of US$362 a day, compared with the average traveller spending of US$144. These figures show that there are opportunities for healthcare and tourism operators to work together to better understand the demands and needs of the medical tourism market. It also shows how there are opportunities for Asia to boost arrivals figures."
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