South Korean Medical Tourism Market Growing Stupendously

Backed by a number of favorable factors studied in our report, medical tourism industry in South Korea seems to be likely growing at a CAGR of 29% during 2009-2013, says RNCOS.

Noida, India (prHWY.com) May 25, 2012 - Global reputation of South Korea in plastic surgery with cost-efficient treatment turns the region to be the ultimate destination for foreigners. Besides, Korean physicians are capacitated with requisite expertise and skills in various surgical procedures, such as aesthetic and cosmetic treatments, thereby, boosting the country's worldwide reputation altogether. Moreover, areas like biotechnology and stem cell research are considered as core competency of the country and with rising government investments in the sector, the country is poised to become a leading player in medical technologies and treatments. Considering these factors, we expect medical tourism in South Korea to grow at an impressive CAGR of 29% during 2009-2013, says our research report, "Asian Medical Tourism Analysis (2008-2012)".

The Asian healthcare sector holds immense potential for medical tourism industry, but this potential can only be realized if clear-cut policy measures are laid down for promotion at the international level with proper functioning and participation of the government and private players in a well-coordinated manner.

Our industry experts found that, among the medical tourism destinations, six Asian countries (Thailand, Singapore, India, Malaysia, South Korea, and the Philippines) are expected to be the most potential destinations in the coming years. Further, stupendous rise in the flow of foreign patients to Korea can be attributed to improving healthcare infrastructure, increasing number of corporate hospitals (such as Escort, Apollo, Wockhardt, Raffles Hospital, Bumrungrad Hospital, Parkway), expert doctors, high success rate of complex surgeries, low-cost treatment, almost zero waiting-time, and the unique combination of treatment and vacation.

Our report provides comprehensive research and unbiased analysis of the current market performance and future outlook of the key Asian medical tourism markets - Thailand, Singapore, India, Malaysia, the Philippines, and South Korea. It acknowledges the fact that, the six Asian markets covered in the report have vast differences in terms of cost, infrastructure, human resources, patient perceptions, competencies, and level of government support. Each of the fact has been thoroughly studied in the report. The report provides valuable information to clients looking to venture into these markets and helps them in devising investment strategies accordingly.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM105.htm

Some of our Related Reports are:

- Malaysia Medical Tourism Outlook 2012 (http://www.rncos.com/Report/IM211.htm)
- Booming Medical Tourism in India (http://www.rncos.com/Report/IM123.htm)
- Emerging Medical Tourism in Turkey (http://www.rncos.com/Report/IM040.htm)
- Emerging Medical Tourism in South Korea (http://www.rncos.com/Report/IM026.htm)

Check Related REPORTS on: http://www.rncos.com/Tourism-Industry.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

###

Tag Words: asia medical tourism

Categories: Tourism

Press Release Contact
B-129, Sector 6 Noida - 201301
91-120-4224-700
91-120-4224-707

Link To This Press Release:

URL HTML Code