New to Oxford Analytica's analysis? See What is this article?
to learn more.
SUBJECT:
The outlook for the 'medical tourism' industry.
SIGNIFICANCE:
Conventional tourism plays a key role in the regional economy, and 'medical tourists' -- those seeking cheaper healthcare -- alone are expected to generate 2.2 billion dollars annually by 2012. Patient numbers are growing by 20-30% per year, and with a daily spend double that of other tourists, they will exert a significant impact on the economy.
Word Count (approx): 1008
Headings
- Market
- Thailand
- Singapore
- Malaysia
- Low costs
- Access
- Challenges
Primary Keywords: AP, Malaysia, Singapore, South-east Asia, Thailand, economy, international relations, consumer, government, growth, regional, regulation, tourism
Secondary Keywords: EU, India, Mexico, Middle East, United States
What is this article?
This article is from Oxford Analytica's Daily Brief Services, which analyse geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year.
An extensive and unique commissioning and editing process produced this article, ensuring it is of the maximum use to our clients. Unlike most of our competitors, the typical contributor is a senior academic with more than 10 years' experience of their field. The typical article is around 1200 words long. Find out more about the Oxford Analytica Daily Brief Services,
or request a trial.
