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Revisions

New growth drivers emerge for Singapore’s healthcare industry

CIMB Looks Ahead

New growth drivers emerge for Singapore’s healthcare industry

Michelle Zhu Published on Wed, Dec 07, 2016 / 3:46 PM GMT+8

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SINGAPORE (Dec 7): Why would medical tourists have coronary artery bypass grafting (CABG) surgery done in Singapore for US$54,500 ($77,350), when hospitals in Thailand and Malaysia offer the same for about or less than half the price?

Based on data on medical treatment costs compiled by CIMB, treatment costs in Malaysia and Thailand are about 50% lower than in Singapore, while Thai hospitals are more renowned for elective surgeries versus non-elective surgeries offered by Singapore’s medical institutions.

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