Singapore Medical Tourism Industry Specialized in Cardiology, Ophthalmology and Oncology : Ken Research

1
Singapore Medical Tourism Industry Specialized in
Cardiology, Ophthalmology and Oncology
2

• Singapore is one of the largest players in
  medical tourism followed by Philippines,
  Malaysia, Korea and Taiwan. Singapore has
  specializations in the areas of cardiology,
  ophthalmology and oncology and also has a booming
  dental market. The country possesses a good human
  resource in form of highly qualified doctors and
  Singapore is also known for intricate procedures
  like heart surgeries.

3
(No Transcript)
4

• Private-sector savings and state run insurance
  funds are the major sources of Singapores
  spending on healthcare. In recent years
  government spending on healthcare has also risen
  sharply. The only drawback compared to its
  competitors is its costly medical services. To
  form a medical hub, Singapore incorporated
  amalgamation of both industry and government
  representatives. The major challenges before the
  medical tourism is high service tax rate as
  tourists have to spend a lot of money on availing
  tourism related services like room for staying,
  food and liquor but in Singapore taxes are low in
  comparison to its neighboring countries. Its
  medical facilities are considered the finest in
  the world with the access of well qualified
  doctors and a well built infrastructure and even
  most of the hotel in Singapore have their own
  doctors on 24 hour call.

5

• Although Southeast Asian countries spend only 3
  of its GDP on healthcare in comparison to the US
  spending almost 18 but still Southeast Asian
  countries provide quality services at reasonable
  cost. The major driver leading to growth of
  healthcare in Singapore is social emphasis. The
  major players are Changi General Hospital and St
  Andrews Community hospital which have added
  around 280 acute hospital beds. Singapore is
  majorly focusing on improving current frameworks
  rather than coming up with new policies. There
  has been progress in manpower and infrastructure
  but still some areas need to be addressed like
  affordable world class facilities to its
  patients.

6

• To know more on Healthcare Industry, click here
• https//www.kenresearch.com/tag/media-and-entertai
  nment/medical-tourism/37.html
•  Contact Ken ResearchAnkur
  Gupta, Head Marketing CommunicationsAnkur_at_kenre
  search.com91-9015378249

7
Thank you