Sri Lanka Medical Tourism Industry Insights

Cost Competitiveness to Facilitate Industry Growth

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Research Scope: Economy, Industry

Geographic Scope: Sri Lanka

Industry Scope: Medical Tourism, Healthcare, Tourism

Disparity in healthcare costs between developed and emerging countries, coupled with advanced healthcare infrastructure in emerging economies is helping to drive medical tourism in emerging countries. Sri Lanka is amongst the emerging markets in South Asia to be favorably positioned to attract increasing international patients, with countries such as India, Malaysia, and Thailand already being well-established medical tourism destinations. Medical tourism is only at a nascent stage in Sri Lanka; factors such as cost competitiveness, a booming private healthcare industry, internationally trained workers, and so on should help the development of Sri Lanka’s medical tourism industry. Moreover, the government has identified medical tourism as a key driver to augment the country’s service exports.

What makes this study unique?
This study explores Sri Lanka’s emerging medical tourism industry in detail and delves into industry costs, drivers, restraints, outlook, and recommendations.

Key Questions Answered:
• What is the current scenario of the global and Sri Lankan medical tourism industry?
• What are the drivers and restraints to Sri Lanka’s medical tourism industry?
• What are Sri Lanka’s competitive advantages in the field of medical tourism?
• What is the growth outlook for Sri Lanka’s medical tourism industry?
• What are Frost & Sullivan’s key recommendations to develop Sri Lanka’s medical tourism industry?

Table of Contents

Sri Lanka Medical Tourism Industry InsightsExecutive SummaryKey Findings on Sri Lanka’s Medical Tourism IndustrySri Lanka’s Cost Competitiveness as a Medical Tourism DestinationGlobal Medical Tourism—IntroductionMedical Tourism—An IntroductionMedical Tourism DriversMedical Tourism RestraintsGlobal Medical Cost ComparisonSnapshot of Leading Medical Tourism DestinationsSri Lanka—Country SnapshotKey FactsSri Lanka Economy at a GlanceGDP TrendsHealthcare in Sri LankaKey DataHealthcare OverviewPrivate Healthcare Infrastructure and WorkforceTourism in Sri LankaTourism Industry in Sri LankaMedical Tourism in Sri LankaAn Introduction to Medical Tourism in Sri LankaMajor Medical Tourism ParticipantsWellness (Ayurveda) TourismDrivers of Sri Lankan Medical TourismMedical Cost ComparisonComparison of Medical Tourism Indicators—Sri Lanka and Select CountriesRestraints to Medical TourismGovernment Initiatives to Promote Medical TourismSri Lanka Medical Tourism 2020 OutlookGrowth Opportunities Related to Sri Lanka’s Medical Tourism IndustryConclusionFrost & Sullivan’s Recommendations for Development of the Medical Tourism Industry in Sri LankaLegal DisclaimerThe Frost & Sullivan StoryThe Frost & Sullivan StoryValue Proposition—Future of Your Company & CareerGlobal PerspectiveIndustry Convergence360º Research PerspectiveImplementation ExcellenceOur Blue Ocean Strategy




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