Singapore healthcare industry : social trends and medical industry concentration.
The global demand for high-quality healthcare is rising as developing countries are growing more affluent. Despite this increasing demand, the supply of top-notch hospitals remains inelastic. This mismatch has triggered a scramble by healthcare multi-nationals to acquire high-end hospitals. Our pape...
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Format: | Final Year Project (FYP) |
Language: | English |
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2012
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Online Access: | http://hdl.handle.net/10356/50798 |
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author | Ong, Ta-Hong. Wong, Kai Chi. Soh, Eileen Yi Ling. |
author2 | David Alexander Reisman |
author_facet | David Alexander Reisman Ong, Ta-Hong. Wong, Kai Chi. Soh, Eileen Yi Ling. |
author_sort | Ong, Ta-Hong. |
collection | NTU |
description | The global demand for high-quality healthcare is rising as developing countries are growing more affluent. Despite this increasing demand, the supply of top-notch hospitals remains inelastic. This mismatch has triggered a scramble by healthcare multi-nationals to acquire high-end hospitals. Our paper captures the impact of these social trends and healthcare supply concentration in Singapore’s medical tourism industry. We derived a statistical relationship between rising incomes and medical tourism growth as a basis of our forecast of Singapore’s medical tourist numbers. Finally, we review the recent wave of supplier concentration through the case study of IHH. We believe that these trends will propel Singapore into a successful regional medical tourism hub. |
first_indexed | 2024-10-01T02:20:40Z |
format | Final Year Project (FYP) |
id | ntu-10356/50798 |
institution | Nanyang Technological University |
language | English |
last_indexed | 2024-10-01T02:20:40Z |
publishDate | 2012 |
record_format | dspace |
spelling | ntu-10356/507982019-12-10T10:47:55Z Singapore healthcare industry : social trends and medical industry concentration. Ong, Ta-Hong. Wong, Kai Chi. Soh, Eileen Yi Ling. David Alexander Reisman School of Humanities and Social Sciences DRNTU::Humanities The global demand for high-quality healthcare is rising as developing countries are growing more affluent. Despite this increasing demand, the supply of top-notch hospitals remains inelastic. This mismatch has triggered a scramble by healthcare multi-nationals to acquire high-end hospitals. Our paper captures the impact of these social trends and healthcare supply concentration in Singapore’s medical tourism industry. We derived a statistical relationship between rising incomes and medical tourism growth as a basis of our forecast of Singapore’s medical tourist numbers. Finally, we review the recent wave of supplier concentration through the case study of IHH. We believe that these trends will propel Singapore into a successful regional medical tourism hub. Bachelor of Arts 2012-11-12T02:52:34Z 2012-11-12T02:52:34Z 2012 2012 Final Year Project (FYP) http://hdl.handle.net/10356/50798 en Nanyang Technological University 84 p. application/pdf |
spellingShingle | DRNTU::Humanities Ong, Ta-Hong. Wong, Kai Chi. Soh, Eileen Yi Ling. Singapore healthcare industry : social trends and medical industry concentration. |
title | Singapore healthcare industry : social trends and medical industry concentration. |
title_full | Singapore healthcare industry : social trends and medical industry concentration. |
title_fullStr | Singapore healthcare industry : social trends and medical industry concentration. |
title_full_unstemmed | Singapore healthcare industry : social trends and medical industry concentration. |
title_short | Singapore healthcare industry : social trends and medical industry concentration. |
title_sort | singapore healthcare industry social trends and medical industry concentration |
topic | DRNTU::Humanities |
url | http://hdl.handle.net/10356/50798 |
work_keys_str_mv | AT ongtahong singaporehealthcareindustrysocialtrendsandmedicalindustryconcentration AT wongkaichi singaporehealthcareindustrysocialtrendsandmedicalindustryconcentration AT soheileenyiling singaporehealthcareindustrysocialtrendsandmedicalindustryconcentration |