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Singapore Medical Tourist Arrivals, Medical
Tourism Market & Forecast to 2015
Renub Research
www.renub.com
Publisher: Renub Research
Published: May, 2012
© Renub Research Page 2 of 12
Singapore is one of the top medical tourism spots in the world. Singapore medical facilities are
considered to be the best in Asia but its treatment cost are bit costlier compared to its
competitors. This tiny island is home to several world-class medical facilities that specialize in
every major medical treatment available. In 2011 Singapore was holding nearly 30% medical
tourism market in Asia. Singapore medical tourist arrivals are expected to be more than 1
Million by 2015. Singapore became the first nation in Asia to have first “MAGNET” recognized
hospital.
Renub Research report titled "Singapore Medical Tourist Arrivals, Medical Tourism Market &
Forecast to 2015” provides a comprehensive analysis of the Singapore Medical tourism market
covering in detail various aspects such as foreign patients’ arrivals, revenue from foreign
patients, competitive landscape and market share of the foreign patients’ arrivals & revenue
from foreign patients. The report also entails major drivers and roadblocks of Singapore
medical tourism market.
Key Topics Covered in the Report
 Number of medical tourists arrival in Asia (2008 – 2015)
 Medical Tourism market in Asia (2008 – 2015)
 Share of Singapore in medical tourists arrival in Asia (2008 – 2015)
 Market Share of Singapore in medical tourism market in Asia (2008 – 2015)
 Number of medical tourists arrival in Singapore (2002 – 2015)
 Medical Tourism market in Singapore (2002 – 2015)
 Major Drivers and Roadblocks of Medical Tourism in Singapore
Data Sources
This report is built using data and information sourced from proprietary databases, primary and
secondary research and in-house analysis by Renub Research team of industry experts.
Primary sources include industry surveys and telephone interviews with industry experts.
© Renub Research Page 3 of 12
Secondary sources information and data has been collected from various printable and non-
printable sources like search engines, News websites, Government Websites, Trade Journals,
White papers, Government Agencies, Magazines, Newspapers, Trade associations, Books,
Industry Portals, Industry Associations and access to more than 100 paid databases.
© Renub Research Page 4 of 12
About Us
RReennuubb RReesseeaarrcchh is a leading Market Research and Information Analysis Company with
centers at Noida India and Roswell USA. We have long-term experience especially in
international Business-to-Business Researches, Surveys, Business and Consulting. Throughout
the years we have acquired expertise in most market sectors, including Information Technology
(IT), Telecoms, Life Sciences, Medical & Pharmaceuticals, Financial Services (Banking,
Insurance, Reinsurance, M&A, etc.), Energy, Chemicals, Automotive, Retail, FMCG, Consumer
Goods, Logistics, Governmental, Social, and Others.
Our core team is comprised of an experienced people holding graduate, post graduate and
Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information
Technology, Environmental Science and many more. Our research help make the business
decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We
support many blue chip companies by providing them findings and perspectives across a wide
range of markets. Our research reports offer a blend of information insight, analysis and
forecasting that is essential in today’s ultra-competitive markets.
For more information on us or to view any of our sample work you can mail
us at info@renub.com
© Renub Research Page 5 of 12
Published
By
RReennuubb RReesseeaarrcchh
1st
Floor,
C-86, Sector–10
Noida – 201301
Phone: +91-120-421-9822, 254-5750 (India)
+1-678-302-0700 (USA)
Fax : +91-120-424-9780
Email: info@renub.com
www.renub.com
© Singapore Medical Tourist Arrivals, Medical Tourism Market & Forecast to 2015
Renub Research, 2012
Edition 1.0
All rights reserved. This publication is protected
by copyright. No part of it may be reproduced, stored
in a retrieval system or transmitted, in any form or by
any means, electronic mechanical, photocopying,
recording or otherwise without the prior written
permission of the publishers
© Renub Research Page 6 of 12
Table of Contents
1. Executive Summary
2. Asia Medical Tourism Overview
2.1 Asia Medical Tourist Arrivals & Forecast
2.2 Asia Medical Tourism Market & Forecast
3. Singapore Medical Tourist Arrivals Share, Medical Tourism Market Share & Forecast (in Asia)
3.1 Singapore Medical Tourist Arrivals Share & Forecast in Asia
3.2 Singapore Medical Tourism Market Share & Forecast in Asia
4. Singapore Medical Tourism Overview
4.1 Singapore Medical Tourist Arrivals & Forecast
4.2 Singapore Medical Tourism Market & Forecast
5. Singapore Medical Tourism Cost Analysis in Comparison to USA & UK
5.1 Cardiac/Heart Surgery
5.2 Orthopedic Surgery
5.3 Dental Tourism
5.4 Cosmetic/Plastic Surgery
6. Singapore Medical Tourism Growth Drivers
6.1 Singapore Taps Asia's Rising Affluence Middle Class in Medical Tourism Boom
6.2 Singapore Caters to Middle East Medical Travelers with Arabic Version
6.3 SingaporeMedicine Becomes a New Face on Facebook
6.4 Singapore General Hospital (SGH) the First “MAGNET” Recognized Hospital in Asia
6.5 Building the Best Connexion
6.6 Accreditation & Accolades
6.7 Strong Reputation and No language Barrier
7. Singapore Medical Tourism Challenges
7.1 Higher Charges than other Asian Countries
© Renub Research Page 7 of 12
List of Figures:
Figure 2-1: Asia – Medical Tourism Arrivals (Number), 2008 - 2011
Figure 2-2: Asia – Forecast Medical Tourism Arrivals (Number), 2012 - 2015
Figure 2-3: Asia – Medical Tourism Market (Million US$), 2008 - 2011
Figure 2-4: Asia – Forecast for Medical Tourism Market (Million US$), 2012 - 2015
Figure 3-1: Singapore – Medical Tourist Arrivals Share in Asia (Percent), 2008 - 2011
Figure 3-2: Singapore – Forecast for Medical Tourist Arrivals Share in Asia (Percent), 2012 - 2015
Figure 3-3: Singapore – Medical Tourism Market Share in Asia (Percent), 2008 – 2011
Figure 3-4: Singapore – Forecast for Medical Tourism Market Share in Asia (Percent), 2012 - 2015
Figure 5-1: Singapore – Cost Comparison of Cardiac Surgery (US$), 2011
Figure 5-2: Singapore – Cost Comparison of Orthopedic Surgery (US$), 2011
Figure 5-3: Singapore – Cost Comparison of Dental Treatments (US$), 2011
Figure 5-4: Singapore – Cost Comparison of Cosmetic Surgery (US$), 2011
© Renub Research Page 8 of 12
Related Reports
Asia Medical Tourism Analysis and Forecast to 2015
India Outbound Tourism Market: Outbound Tourists Visits, Tourists Spending and Forecast to
2016
Malaysia Medical Tourism Analysis and Forecast to 2015
South Korea Medical Tourism: Number of Medical Tourists & Medical Tourism Market Forecast
to 2015
India Medical Tourist Arrivals, Medical Tourism Market & Forecast to 2015
Singapore Medical Tourist Arrivals, Medical Tourism Market & Forecast to 2015
Molecular Diagnostics Market & Forecast (By Application, Technology, Countries, Companies &
Clinical Trials) to 2017: Global Analysis
USA Cardiovascular Devices Market Trends and Forecast (2010 – 2015)
Global Osteoporosis Market & Drugs Analysis 2010 – 2015
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Analysis
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© Renub Research Page 9 of 12
Our Partial List of Clients
Bain
WAKE Technology Services, Inc.
PSS World Medical
Relypsa
C&K components
Konkuk University
Resonetics
Samsung
SEKISUI MEDICAL CO. LTD.
Plentyoffish Media INC
Arthur D Little Gmbh
Morgan Stanley
Takeda Pharmaceutical Corporation
Hokkai School of Commerce
Ministry of Manpower Singapore
GenOmind, LLC.
Goldman Sachs & Co
NTT Advanced Technology
Tokyo Womens Medical University
The Chemo-Sero-Therapeutic Research
Trade Council of Iceland
Jpmorgan, Ets Trading
GE Healthcare IT
ixia communications
Redbus
Becton Dickinson
Pfizer
Intercell
Sanofi Pasteur
Stanford Burgess
Pequot Capital
DMI
Transgene S.A.
ixia communications
Toyota Tsusho Amercia Inc.
National Health Research Institutes
Abbott Diabetes Care
Corning Incorporated - Life Sciences
L.E.K. Consulting GmbH
Syntiron
MediVas LLC
Credit Suisse
Dune Medical
QIAGEN
Inje University
Mapp Biopharmaceutical
Institute for Information Industry
NorDiag ASA
Rep e Inv Medicas SA de
Innogenetics
© Renub Research Page 10 of 12
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Singapore medical tourist arrivals, medical tourism market & forecast to 2015

  • 1. Singapore Medical Tourist Arrivals, Medical Tourism Market & Forecast to 2015 Renub Research www.renub.com Publisher: Renub Research Published: May, 2012
  • 2. © Renub Research Page 2 of 12 Singapore is one of the top medical tourism spots in the world. Singapore medical facilities are considered to be the best in Asia but its treatment cost are bit costlier compared to its competitors. This tiny island is home to several world-class medical facilities that specialize in every major medical treatment available. In 2011 Singapore was holding nearly 30% medical tourism market in Asia. Singapore medical tourist arrivals are expected to be more than 1 Million by 2015. Singapore became the first nation in Asia to have first “MAGNET” recognized hospital. Renub Research report titled "Singapore Medical Tourist Arrivals, Medical Tourism Market & Forecast to 2015” provides a comprehensive analysis of the Singapore Medical tourism market covering in detail various aspects such as foreign patients’ arrivals, revenue from foreign patients, competitive landscape and market share of the foreign patients’ arrivals & revenue from foreign patients. The report also entails major drivers and roadblocks of Singapore medical tourism market. Key Topics Covered in the Report  Number of medical tourists arrival in Asia (2008 – 2015)  Medical Tourism market in Asia (2008 – 2015)  Share of Singapore in medical tourists arrival in Asia (2008 – 2015)  Market Share of Singapore in medical tourism market in Asia (2008 – 2015)  Number of medical tourists arrival in Singapore (2002 – 2015)  Medical Tourism market in Singapore (2002 – 2015)  Major Drivers and Roadblocks of Medical Tourism in Singapore Data Sources This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by Renub Research team of industry experts. Primary sources include industry surveys and telephone interviews with industry experts.
  • 3. © Renub Research Page 3 of 12 Secondary sources information and data has been collected from various printable and non- printable sources like search engines, News websites, Government Websites, Trade Journals, White papers, Government Agencies, Magazines, Newspapers, Trade associations, Books, Industry Portals, Industry Associations and access to more than 100 paid databases.
  • 4. © Renub Research Page 4 of 12 About Us RReennuubb RReesseeaarrcchh is a leading Market Research and Information Analysis Company with centers at Noida India and Roswell USA. We have long-term experience especially in international Business-to-Business Researches, Surveys, Business and Consulting. Throughout the years we have acquired expertise in most market sectors, including Information Technology (IT), Telecoms, Life Sciences, Medical & Pharmaceuticals, Financial Services (Banking, Insurance, Reinsurance, M&A, etc.), Energy, Chemicals, Automotive, Retail, FMCG, Consumer Goods, Logistics, Governmental, Social, and Others. Our core team is comprised of an experienced people holding graduate, post graduate and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research help make the business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets. For more information on us or to view any of our sample work you can mail us at info@renub.com
  • 5. © Renub Research Page 5 of 12 Published By RReennuubb RReesseeaarrcchh 1st Floor, C-86, Sector–10 Noida – 201301 Phone: +91-120-421-9822, 254-5750 (India) +1-678-302-0700 (USA) Fax : +91-120-424-9780 Email: info@renub.com www.renub.com © Singapore Medical Tourist Arrivals, Medical Tourism Market & Forecast to 2015 Renub Research, 2012 Edition 1.0 All rights reserved. This publication is protected by copyright. No part of it may be reproduced, stored in a retrieval system or transmitted, in any form or by any means, electronic mechanical, photocopying, recording or otherwise without the prior written permission of the publishers
  • 6. © Renub Research Page 6 of 12 Table of Contents 1. Executive Summary 2. Asia Medical Tourism Overview 2.1 Asia Medical Tourist Arrivals & Forecast 2.2 Asia Medical Tourism Market & Forecast 3. Singapore Medical Tourist Arrivals Share, Medical Tourism Market Share & Forecast (in Asia) 3.1 Singapore Medical Tourist Arrivals Share & Forecast in Asia 3.2 Singapore Medical Tourism Market Share & Forecast in Asia 4. Singapore Medical Tourism Overview 4.1 Singapore Medical Tourist Arrivals & Forecast 4.2 Singapore Medical Tourism Market & Forecast 5. Singapore Medical Tourism Cost Analysis in Comparison to USA & UK 5.1 Cardiac/Heart Surgery 5.2 Orthopedic Surgery 5.3 Dental Tourism 5.4 Cosmetic/Plastic Surgery 6. Singapore Medical Tourism Growth Drivers 6.1 Singapore Taps Asia's Rising Affluence Middle Class in Medical Tourism Boom 6.2 Singapore Caters to Middle East Medical Travelers with Arabic Version 6.3 SingaporeMedicine Becomes a New Face on Facebook 6.4 Singapore General Hospital (SGH) the First “MAGNET” Recognized Hospital in Asia 6.5 Building the Best Connexion 6.6 Accreditation & Accolades 6.7 Strong Reputation and No language Barrier 7. Singapore Medical Tourism Challenges 7.1 Higher Charges than other Asian Countries
  • 7. © Renub Research Page 7 of 12 List of Figures: Figure 2-1: Asia – Medical Tourism Arrivals (Number), 2008 - 2011 Figure 2-2: Asia – Forecast Medical Tourism Arrivals (Number), 2012 - 2015 Figure 2-3: Asia – Medical Tourism Market (Million US$), 2008 - 2011 Figure 2-4: Asia – Forecast for Medical Tourism Market (Million US$), 2012 - 2015 Figure 3-1: Singapore – Medical Tourist Arrivals Share in Asia (Percent), 2008 - 2011 Figure 3-2: Singapore – Forecast for Medical Tourist Arrivals Share in Asia (Percent), 2012 - 2015 Figure 3-3: Singapore – Medical Tourism Market Share in Asia (Percent), 2008 – 2011 Figure 3-4: Singapore – Forecast for Medical Tourism Market Share in Asia (Percent), 2012 - 2015 Figure 5-1: Singapore – Cost Comparison of Cardiac Surgery (US$), 2011 Figure 5-2: Singapore – Cost Comparison of Orthopedic Surgery (US$), 2011 Figure 5-3: Singapore – Cost Comparison of Dental Treatments (US$), 2011 Figure 5-4: Singapore – Cost Comparison of Cosmetic Surgery (US$), 2011
  • 8. © Renub Research Page 8 of 12 Related Reports Asia Medical Tourism Analysis and Forecast to 2015 India Outbound Tourism Market: Outbound Tourists Visits, Tourists Spending and Forecast to 2016 Malaysia Medical Tourism Analysis and Forecast to 2015 South Korea Medical Tourism: Number of Medical Tourists & Medical Tourism Market Forecast to 2015 India Medical Tourist Arrivals, Medical Tourism Market & Forecast to 2015 Singapore Medical Tourist Arrivals, Medical Tourism Market & Forecast to 2015 Molecular Diagnostics Market & Forecast (By Application, Technology, Countries, Companies & Clinical Trials) to 2017: Global Analysis USA Cardiovascular Devices Market Trends and Forecast (2010 – 2015) Global Osteoporosis Market & Drugs Analysis 2010 – 2015 Global Schizophrenia Prevalence, Companies Analysis & Drugs Forecast (2010 – 2015) Global Molecular Diagnostics Market & Future Forecast 2010 - 2014 Alzheimer’s Disease Patients & Market Worldwide, Future Scenario (2010 – 2015) & Drugs Analysis India Cold Chain Storage Number, Market & Capacity Forecast to 2017
  • 9. © Renub Research Page 9 of 12 Our Partial List of Clients Bain WAKE Technology Services, Inc. PSS World Medical Relypsa C&K components Konkuk University Resonetics Samsung SEKISUI MEDICAL CO. LTD. Plentyoffish Media INC Arthur D Little Gmbh Morgan Stanley Takeda Pharmaceutical Corporation Hokkai School of Commerce Ministry of Manpower Singapore GenOmind, LLC. Goldman Sachs & Co NTT Advanced Technology Tokyo Womens Medical University The Chemo-Sero-Therapeutic Research Trade Council of Iceland Jpmorgan, Ets Trading GE Healthcare IT ixia communications Redbus Becton Dickinson Pfizer Intercell Sanofi Pasteur Stanford Burgess Pequot Capital DMI Transgene S.A. ixia communications Toyota Tsusho Amercia Inc. National Health Research Institutes Abbott Diabetes Care Corning Incorporated - Life Sciences L.E.K. Consulting GmbH Syntiron MediVas LLC Credit Suisse Dune Medical QIAGEN Inje University Mapp Biopharmaceutical Institute for Information Industry NorDiag ASA Rep e Inv Medicas SA de Innogenetics
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