Global medical tourism markets will shoot to $100B by 2012
We all knew medical tourism was growing,
but over the next few years, volume should explode say researchers speaking at a conference in Singapore. According to one researcher, the global medical tourism market should climb to a staggering $100 billion by 2012.
The Asian medical tourism market, in particular, should be bolstered by rising quality standards and the growing demand for quality treatment, according to Andrew Keable, divisional director at Informa Life Sciences. After all, patients who undergo treatments in Asia often pay only 10 percent of the cost of similar treatment in the U.S. or United Kingdom, Keable notes.
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