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Taiwan Medical Tourism Analysis and
Forecast to 2015
Renub Research
www.renub.com
Published: September, 2012
Copyright © 2012 Renub Research – All Rights Reserved
© Renub Research Page 2 of 13
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.
© Renub Research Page 3 of 13
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.
© Renub Research Page 4 of 13
About Us
RReennuubb RReesseeaarrcchh is a leading Market Research and Information Analysis Company with
centers at Noida India and Roswell USA. We have long-term experience especially in
international Business-to-Business Researches, Surveys, Business and Consulting. Throughout
the years we have acquired expertise in most market sectors, including Information Technology
(IT), Telecoms, Life Sciences, Medical & Pharmaceuticals, Financial Services (Banking,
Insurance, Reinsurance, M&A, etc.), Energy, Chemicals, Automotive, Retail, FMCG, Consumer
Goods, Logistics, Governmental, Social, and Others.
Our core team is comprised of an experienced people holding graduate, post graduate and
Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information
Technology, Environmental Science and many more. Our research help make the business
decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We
support many blue chip companies by providing them findings and perspectives across a wide
range of markets. Our research reports offer a blend of information insight, analysis and
forecasting that is essential in today’s ultra-competitive markets.
For more information on us or to view any of our sample work you can mail
us at info@renub.com
© Renub Research Page 5 of 13
Published
By
RReennuubb RReesseeaarrcchh
1st
floor
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Noida – 201301
Phone: +91-120-421-9822, 254-5750 (India)
+1-678-302-0700 (USA)
Fax : +91-120-424-9780
Email: info@renub.com
www.renub.com
© Taiwan Medical Tourism Analysis and Forecast to 2015
Renub Research, 2012
Edition 1.0
All rights reserved. This publication is protected
by copyright. No part of it may be reproduced, stored
in a retrieval system or transmitted, in any form or by
any means, electronic mechanical, photocopying,
recording or otherwise without the prior written
permission of the publishers
© Renub Research Page 6 of 13
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
© Renub Research Page 7 of 13
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
© Renub Research Page 8 of 13
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
© Renub Research Page 9 of 13
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© Renub Research Page 10 of 13
Our Partial List of Clients
Bain
WAKE Technology Services, Inc.
PSS World Medical
Relypsa
C&K components
Konkuk University
Resonetics
Samsung
SEKISUI MEDICAL CO. LTD.
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
QIAGEN
Inje University
Mapp Biopharmaceutical
Institute for Information Industry
NorDiag ASA
Rep e Inv Medicas SA de
Innogenetics
© Renub Research Page 11 of 13
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Taiwan medical tourism analysis and forecast to 2015

  • 1. Taiwan Medical Tourism Analysis and Forecast to 2015 Renub Research www.renub.com Published: September, 2012 Copyright © 2012 Renub Research – All Rights Reserved
  • 2. © Renub Research Page 2 of 13 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.
  • 3. © Renub Research Page 3 of 13 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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  • 6. © Renub Research Page 6 of 13 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
  • 7. © Renub Research Page 7 of 13 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
  • 8. © Renub Research Page 8 of 13 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
  • 9. © Renub Research Page 9 of 13 Related Reports Asia Medical Tourism Analysis and Forecast to 2015 India Outbound Tourism Market: Outbound Tourists Visits, Tourists Spending and Forecast to 2016 Malaysia Medical Tourism Analysis and Forecast to 2015 South Korea Medical Tourism: Number of Medical Tourists & Medical Tourism Market Forecast to 2015 Philippines Medical Tourist Arrivals, Medical Tourism Market & Forecast to 2015 India Medical Tourist Arrivals, Medical Tourism Market & Forecast to 2015 Singapore Medical Tourist Arrivals, Medical Tourism Market & Forecast to 2015 Molecular Diagnostics Market & Forecast (By Application, Technology, Countries, Companies & Clinical Trials) to 2017: Global Analysis USA Cardiovascular Devices Market Trends and Forecast (2010 – 2015) Global Osteoporosis Market & Drugs Analysis 2010 – 2015 Global Schizophrenia Prevalence, Companies Analysis & Drugs Forecast (2010 – 2015) Global Molecular Diagnostics Market & Future Forecast 2010 - 2014 Alzheimer’s Disease Patients & Market Worldwide, Future Scenario (2010 – 2015) & Drugs Analysis India Cold Chain Storage Number, Market & Capacity Forecast to 2017
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