A not-for-profit initiative of The Stark Group, Stark Tourism Forum was conceived to meet the growing need for credible and in-depth information on various aspects of the ever-changing tourism industry. Stark Tourism Forum provides comprehensive services in three key areas - Knowledge & Intelligence, Strategy, Development & Marketing.
Friday, January 21, 2011
Medical Tourism: Middle East, Lucrative Source Market
According to Frost and Sullivan report, the Middle East is one of the most lucrative source markets for medical tourism, with 20% of healthcare seekers worldwide coming from Gulf and other Arab states. Patients from the UAE alone spend US$ two-billion in healthcare travel on an annual basis. Currently a US$78.5 billion industry, the medical tourism sector will become a US$100-billion sector by 2012. The annual growth rate of the sector is 20-30%. Germany is the prime medical tourism hub, followed by Thailand, India and Malaysia.
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