Friday, March 15, 2013

Singapore’s Legacy: The Medical Tourism Hub of Asia


People are getting vainer and more conscious about their health by the minute. This is especially true in Singapore, a population of roughly 5 million people yet takes credit to more than 200,000 medical tourists annually. Next to the USA, Singapore has established a niche in the medical tourism industry through modern and world-class facilities, not to mention, far cheaper prices than its counterparts in the Americas and Europe.

Singapore has been pulling its share from the international pie since the industry's global advent during the first half of the 2000s. Some 780 million patients are expected to continue running through different foreign territories to bring in $40 billion in revenue all over the world. Even Singapore’s nearby countries are seriously promoting the same industry to gain advantage from the trend.


Although the industry is in an undisputable boom, Singapore still needs to improve services since India, also one of the largest medical tourism destinations in Asia and one of the fastest-growing nations in the world, is clearly catching up and exerting efforts to make it at par with the global leaders.

Cosmetic surgery enthusiasts and seekers flock clinics in this small island nation every day. Facial surgeries, skin enhancements, such as rhinoplasties and face lifts, along with body operations, such as liposuction surgeries, abdominoplasties and body contouring procedures, are the most sought-after services due to their more affordable rates at high quality services. Compared to Western options, Singapore, as well as other Asian destinations, comes in a more practical package, making foreigners frequent them: a vacation grandé and great medical attention at the same time.

To maintain world-class figures and meet the demands, Singapore has pooled medical specialists not only from around Asia but from North America, Europe and Australia. As it continues to be a haven for vanity-laden remedies, major operations here are less risky, like heart surgeries, dental works and breast implants. Stem Cell procedures are still being developed but have already achieved global recognition. Specialists in oncology (tumor science for cancers), cardiology and opthalmology have already contributed great wealth to Singapore's bursar listings.

Small and big names in the business in Singapore are venturing into clinics to high-end hospitals. Some that you may want to try are The Parkway Group of Hospitals, currently leading the competition, with hospital sights composed of Mt. Elizabeth, Gleneagles, and East Shore Hospitals. The three also happen to be the first Singapore hospitals to earn the ISO-9002 International Quality certification.

All in all, businesses here have been offering half of what Western countries have to offer, but they proved excellent at what they have. Nonetheless, leading countries like the US might gain pitfalls in this progress, so they need to adjust high prices of services in the nearest future.

Business trends and competitions are now proven healthy, literally.

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