Taiwan Medical Tourism Analysis and Forecast to 2015

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Published: September, 2012Copyright © 2012 Renub Research – All Rights Reserved

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Taiwan started to develop its medical tourism sector in earnest only four years ago. But its

medical tourism has become one of the biggest attractions for mid to high income Chinese

tourists. Other countries such as India, Thailand and Singapore are all targeting Chinese for

medical tourism market. Taiwan is emerging as the best choice for Chinese tourists due to no

language barrier, the cost is reasonable and there is a sense of warmth and familiarity

between Chinese and Taiwanese people. In 2011, the number of medical tourist arrivals in

Taiwan was close to 20,000. The country’s medical tourism market is expected to increase at

7% CAGR from 2012 to 2015.

Renub Research report titled "Taiwan Medical Tourism Analysis and Forecast to 2015”

provides the current status and outlook of Taiwan medical tourism market survey analysis,

comparison of the overall market size in Asia, Taiwan Medical tourism market covering in

detail various aspects such as foreign patients’ arrivals, revenue from foreign patients change

projections and cost comparison of various types of surgery in the United States, UK and

Taiwan. The report also entails major drivers and challenges of Malaysia Medical Tourism

Industry.

Key Topics Covered in the Report

Number of Medical Tourists Arrival in Asia (2008 – 2015)

Medical Tourism Market in Asia (2008 – 2015)

Taiwan in Medical Tourists Arrival Share in Asia (2008 – 2015)

Taiwan in Medical Tourism Market Share in Asia (2008 – 2015)

Number of Medical Tourists Arrival in Taiwan (2008 – 2015)

Medical Tourism Market in Taiwan (2008 – 2015)

Major Drivers and Roadblocks of Medical Tourism in Taiwan

Data Sources

This report is built using data and information sourced from proprietary databases, primary and

secondary research and in-house analysis by Renub Research team of industry experts.

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Primary sources include industry surveys and telephone interviews with industry experts.

Secondary sources information and data has been collected from various printable and non-

printable sources like search engines, News websites, Government Websites, Trade Journals,

White papers, Government Agencies, Magazines, Newspapers, Trade associations, Books,

Industry Portals, Industry Associations and access to more than 100 paid databases.

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© Taiwan Medical Tourism Analysis and Forecast to 2015

Renub Research, 2012

Edition 1.0

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Table of Contents

1. Executive Summary

2. Asia Medical Tourism Overview

2.1 Asia Medical Tourist Arrivals & Forecast

2.2 Asia Medical Tourism Market & Forecast

3. Taiwan Medical Tourist Arrivals Share, Medical Tourism Market Share & Forecast (in Asia)

3.1 Taiwan Medical Tourist Arrivals Share & Forecast in Asia

3.2 Taiwan Medical Tourism Market Share & Forecast in Asia

4. Taiwan Medical Tourism Overview

4.1 Medical Tourist Arrivals & Forecast

4.2 Medical Tourism Market & Forecast

5. Taiwan Medical Tourism Cost Analysis in Comparison to USA & UK

5.1 Cardiac/Heart Surgery

5.2 Orthopedic Surgery

5.3 Dental Tourism

5.4 Cosmetic/Plastic Surgery

6. Taiwan Medical Tourism Growth Drivers

6.1 Taiwan Launches Medical Services Application for Travelers

6.2 Taiwan to Promote Medical Tourism with Documentary Film

6.3 High Quality Health Care in Taiwan

6.4 USA Insurance Firm Coverage for Taiwan Hospitals

7. Taiwan Medical Tourism Challenges

7.1 Department of Health (DOH) Role in Medical Tourism

7.2 Medical Service Brand Image & Marketing Channel

7.3 Resource Limitations & Insufficient Effort of Promotion

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List of Figures:

Figure 2-1: Asia – Medical Tourism Arrivals (Number), 2008 – 2011

Figure 2-2: Asia – Forecast for Medical Tourism Arrivals (Number), 2012 – 2015

Figure 2-3: Asia – Medical Tourism Market (Million US$), 2008 – 2011

Figure 2-4: Asia – Forecast for Medical Tourism Market (Million US$), 2012 – 2015

Figure 3-1: Taiwan – Medical Tourist Arrivals Share in Asia (Percent), 2008 – 2011

Figure 3-2: Taiwan – Forecast for Medical Tourist Arrivals Share in Asia (Percent), 2012 – 2015

Figure 3-3: Taiwan – Medical Tourism Market Share in Asia (Percent), 2008 – 2011

Figure 3-4: Taiwan – Forecast for Medical Tourism Market Share in Asia (Percent), 2012 – 2015

Figure 4-1: Taiwan – Medical Tourist Arrivals (Number), 2008 – 2011

Figure 4-2: Taiwan – Forecast for Medical Tourist Arrivals (Number), 2012 – 2015

Figure 4-3: Taiwan – Medical Tourism Market (Million US$), 2008 – 2011

Figure 4-4: Taiwan – Forecast for Medical Tourism Market (Million US$), 2012 – 2015

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List of Tables:

Table 5-1: Taiwan – Cost Comparison of Cardiac Surgery (US$), 2011

Table 5-2: Taiwan – Cost Comparison of Orthopedic Surgery (US$), 2011

Table 5-3: Taiwan – Cost Comparison of Dental Treatments (US$), 2011

Table 5-4: Taiwan – Cost Comparison of Cosmetic Surgery (US$), 2011

Table 6-1: Taiwan – Agreement between American Insurance Company & Taiwan Hospitals, 2011

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C&K components

Konkuk University

Resonetics

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Plentyoffish Media INC

Arthur D Little Gmbh

Morgan Stanley

Takeda Pharmaceutical Corporation

Hokkai School of Commerce

Ministry of Manpower Singapore

GenOmind, LLC.

Goldman Sachs & Co

NTT Advanced Technology

Tokyo Womens Medical University

The Chemo-Sero-Therapeutic Research

Trade Council of Iceland

Jpmorgan, Ets Trading

GE Healthcare IT

ixia communications

Redbus

Becton Dickinson

Pfizer

Intercell

Sanofi Pasteur

Stanford Burgess

Pequot Capital

DMI

Transgene S.A.

ixia communications

Toyota Tsusho Amercia Inc.

National Health Research Institutes

Abbott Diabetes Care

Corning Incorporated - Life Sciences

L.E.K. Consulting GmbH

Syntiron

MediVas LLC

Credit Suisse

Dune Medical

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Mapp Biopharmaceutical

Institute for Information Industry

NorDiag ASA

Rep e Inv Medicas SA de

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