Chitchat Singapore Medical Tourism Missed Target - Hit only $1BIL out of $3BIL Quota!

[Pinkieslut]

Dec 02 2007 News


The government wants to attract some 1 million international patients a year by 2012. Singapore Tourism Board expects the medical tourism industry to earn some 3 billion Singapore dollars (about 1.95 billion U.S. dollars) and provide 13,000 jobs by 2012. The government plans the city-state to become a top provider of quality healthcare services in the region. The plans include building of at least one or two new private hospitals to meet the increased demand from foreign patients.
Read more at http://www.tourism-review.com/singa...n-medical-tourism-news169#WbqoJKTVlqQCwOGe.99



Jan 18 2017 News

Singapore's medical tourism revenue up 10% in the last 10 years

Thanks to expertise and top-notch infrastructure.

It has been noted that Singapore’s reputed high-end medical infrastructure and expertise in complex procedures have been drawing in medical tourists.

According to a research note from Maybank Kim Eng, with high price points, the bulk of the patients belong to the premium segment and are more inelastic to pricing and currency fluctuations.

Further, medical tourism revenue grew at a 10% CAGR in the last decade, to around SG$1b currently.

Here's more from Maybank Kim Eng:

With GDP growth averaging c.5% in the past decade, median income in the country has been climbing in tandem. Rising affluence is typically accompanied by demand for better-quality services and shorter waiting and treatment times. As a result, healthcare spending in the private sector has been rising.

In the past decade, the population has aged. The number of citizens aged 65 years and above went from one in 11 in 2005 to one in eight in 2015. Based on the government’s 2013 Population White Paper, this is expected to increase further to one in six by 2020. In addition, hospital admission rate increases with age.

 

[Cottonmouth]

Sinkieland is fucking delusional, bring in all the 3rd world doctors from cesspool such as India and Pinoy, then they want to charge tourists Singapore's 1st world prices.

Those quacks can examine Fag Loong's phua cheebye. :oIo:

 

[fupikee]

Sinkieland is fucking delusional, bring in all the 3rd world doctors from cesspool such as India and Pinoy, then they want to charge tourists Singapore's 1st world prices.

Those quacks can examine Fag Loong's phua cheebye. :oIo:

Delusional is not in respect of the whole of Singapore.

It is confined only to the musical chairs scholars ministar of health who know nothing about managing the concept of a medical hub and how to properly go about doing the job, so that the kpi s can be achieved. They just monkey see, monkey do ....so unqualified and fake degree kerlings, pinoys, indo docs/dentists/specialists are cheaper...ok lah, just import them to staff up this so called medical hub.

However, the shit cannot be wrapped up in paper before the stink hits, eventually the medical tourists will realise the kind of sub standard services they are getting from these foreign trash ....of course, being smart people with the money to prolong their lives as long as they possibly want, they will not accept such shit services....of course the medical services tourist numbers will go down...

This situation is akin to one where a gong chee bye scholar decided to fuck a female monkey and expected that this trash will produce scholar babies in return....LOL