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Strong Singapore dollar, Malaysian, Thai medical tourism push a bitter pill for Singapore to swallow

Singapore healthcare players focusing on complex cases to attract higher-paying foreign patients

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Megan Cheah

Megan Cheah

Published Thu, Dec 19, 2024 · 05:00 AM
    • Singapore's healthcare facilities are advanced and can treat several conditions, attracting a growing cadre of patients who need more complex care.
    • Singapore's healthcare facilities are advanced and can treat several conditions, attracting a growing cadre of patients who need more complex care. PHOTO: KEZIA KOO, BT

    SINGAPORE’S position as the go-to medical hub in South-east Asia is under threat, amid a strong Singapore dollar and regional peers catching up in terms of quality care and scope of services.

    To overcome this challenge, local healthcare players have been zeroing in on serving complex cases to attract higher-paying foreign patients.

    At the same time, some believe that expanding their operations overseas may be the better bet, as they aim to capture larger markets that have more need for quality healthcare.

    Medical tourismHealthcareMedical carethomson medical groupIHH Healthcaresingapore medical groupSingapore tourismTourismAsia Health Haven

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