Global Medical Tourism Market
Global Medical Tourism Market was valued US$ XX Bn in 2019 and is expected to reach US$ 180.2 Bn by 2026, at a CAGR of around XX % during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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The report covers all the trends and technologies playing a major role in the growth of the medical tourism market over the forecast period. It highlights the drivers, restraints, and opportunities expected to influence market growth during this period.
The factor that is driving the medical tourism markets are easier and cheaper international travel, accessibility of benefits such as better healthcare, innovative medicines, and better hospitality. Other factor driving the market development include inadequate insurance benefits and lack of healthcare insurance in markets, gender reassignment surgeries, fertility treatment, dental reconstruction, and cosmetic surgery. On the other hand high treatment budgets and lengthy waiting times for medical procedures hampers the market growth.
Global Medical Tourism Market Segment Analysis:
Based on the treatment type, the cosmetic treatment segment held the dominant XX% market share in 2019. As cosmetic surgeries are not covered by most medical plans and lower costs in other countries increase the appeal for foreign patients. They save costs by travelling to destinations that perform these procedures at cheaper rates while engaging in freedom activities at the destination state.
Global Medical Tourism Market Regional Analysis:
North America medical tourism market is expected to grow substantially during the forecast period. The medical tourism market in North America region is highly competitive the developed countries like the US and Canada have invested significantly in research and development (R&D) activities, which are expected to share significant growth in the regional market. These countries are initial adopters of knowledge in various verticals. The US and Canada are also the top economies in retail, financial services, banking, and other industries.
The report cover recent development in the data integration market like In June 2019, the clear bridge health declared structure the 1,500 square foot clinic in the causeway, Hong Kong to improved cater to both domestic patients and medical tourists. The construction of the new hospital will be able to accommodate more staying doctors and specialists, such as an obstetrician, gynaecologist, and gastroenterologist.
The objective of the report is to present a complete calculation of the Global Medical Tourism Market and contains thoughtful insights, historical data, facts, industry-validated market data and plans with a suitable set of assumptions and methodology. The report also helps in the Global Medical Tourism Market is a dynamic structure by identifying and analyzing the market segments and project the global market size. The additional, report also focuses on the competitive analysis of key player’s by-product, financial position, price, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment shortly to the emerging segment in the Global Medical Tourism Market.
Global Medical Tourism Market, Key Highlights:
- Global Medical Tourism Market analysis and forecast, in terms of value.
- Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Medical Tourism Market
- Global Medical Tourism Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
- Global Medical Tourism Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
- Global Medical Tourism Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
- Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
- Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Medical Tourism Market
are also profiled.
Global Medical Tourism Market Report Scope: Inquire before buying
Global Medical Tourism Market, by Treatment type
- Cardiovascular treatment
- Cancer treatment
- Cosmetic treatment
- Neurological treatment
- Orthopedic treatment
- Fertility treatment
- Other general treatments
Global Medical Tourism Market, by End-User
- Food
- Diagnostics
- Research Laboratories
- Point Of Care testing
- Others
Global Medical Tourism Market, by Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
Global Medical Tourism Market Key Players
- Fortis Hospital
- Gleneagles Hospital
- Asklepios Klink Barmbek
- Wooridul Spine Hospital
- Prince Court Medical centre
- Anadolu Medical Centre
- Clemenceau Medical centre
- Raffles Medical Group
- Bumrungrad International Hospital
- Bangkok Hospital Medical Center
- Asian Heart Institute
- KPJ Healthcare Berhad
- Samitivej Sukhumvit
- Apollo Hospitals Enterprise Limited
- Min-Sheng General Hospital.
- Fortis Hospitals
- KTQ International
- SafeCare
- Asian Heart Institute
- KPJ Healthcare Berhad
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