Singapore remains Asia’s most popular location with health tourists, however, with costs rising and neighbouring locations enhancing their standards of care, it looks as if it will face tough competition to retain the crown in the future.
A report published this week by research group AB Bernstein and ‘Global Health and Travel’ showed that Singapore was the most sought after country in the region in terms of patient experience, however the high cost of care was enough to deter many people. The report also showed that the quality of service on offer in neighbouring locations (such as Malaysia and Vietnam) was on the rise.
Whilst Singapore continues to lead the way in terms of quality, medical technology and service, the report has warned healthcare bosses in the country that it could end up pricing itself out of the market.
According to the ‘Straits Times’, a routine hip replacement would cost almost $6000 more in Singapore than it would in Malaysia, with the quality of care now being on a similar level.
In a clear response to the changing market conditions, many facilities in the Island City State have started further enhancing the patient’s experience. Farrer Park Hospital is now offering patients the ability to order restaurant quality food directly to their room, thanks to the addition of bedside tablets. The meals will then be prepared in the adjoining hotel.
Despite these attempts to further enhance the comfort experienced by a patient during their stay, it looks as if more medical tourists than ever will look elsewhere. That could be potentially great news for countries like Vietnam, who would see their private healthcare sector benefit from enhanced levels of investment.
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