Released on: December 9, 2007, 10:13 pm

Press Release Author: Shushmul Maheshwari

Industry: Industrial

Press Release Summary: Cost effective, better quality treatment and co-coordinated
government and private sector efforts has made Thailand a preferred destination for
medical treatment. But the country needs to resolve challenges like violence in far
south for further growth.

Press Release Body: The leading market research consulting services company RNCOS
has recently released its comprehensive report “Opportunities in Thailand
Tourism Industry (2007-2009)\" to present a rational analysis of the Thai tourism
industry. As per the report, the tourist arrival in Thailand is anticipated to
increase at a CAGR of nearly 8% from 2007 to 2011.

Thailand tourism industry holds immense potential for providing impetus to the
growth of related industries like hospitality, aviation, transportation etc; as a
result, an increasing number of global hospitality chains are planning to increase
their presence in Thailand making it a medical hub for patients from the United
States, Europe, the Middle East and adjoining countries.

The report says that medical tourism in Thailand is experiencing rapid growth,
recording an average of over a million annual tourist arrivals. It has led to
combined efforts by Thai government and private sector to promote medical tourism in
the country. Because of these force, during the period 2002-2006, the flow of
medical tourists has increased at a CAGR of nearly 16%.

Cost advantage in healthcare services with no compromise in the quality is another
reason why Thailand is a preferred destination for medical treatment. Patients in
Thailand are offered an absolute vocational package including treatment and
rejuvenation, besides experienced and internationally trained doctors, enhanced
medical technology, and holistic treatments due to which, revenue is anticipated to
increase further in the coming years.

The study identifies that growth of the medical tourism in Thailand will be driven
by areas like cardiac surgery, cosmetic and reconstructive surgery, tropical and
infectious diseases, dentistry, and pharmacology in which Thailand has achieved
international repute.

Strong marketing campaigns, rising personal disposable income, suitable geographical
location and a wide range of natural and cultural heritage attractions are likely to
further boost the growth of medical tourism industry.

However, the tourism industry needs to overcome several challenges like rising fuel
prices, unpredictable geographical climate, and violence in the far South that has
created negative impact abroad and inevitably taken its toll on the travel and
tourism.

“Opportunities in Thailand Tourism Industry (2007-2009)\" provides extensive
research and rational analysis on the proliferating tourism industry in Thailand and
discusses medical tourism, driving forces, opportunities and future outlook of the
industry supplemented with statistical data.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM516.htm
Current Industry News: http://www.rncos.com/blog


Web Site: http://www.rncos.com

Contact Details: RNCOS E-Services Pvt Ltd.
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com