The global demand for Medical TourismMarket is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Medical tourism is term as an organized travel across countries to get the medical treatment done. It generally contain traveling abroad for maintenance, enhancement or restoration of health by using advanced healthcare facilities and treatment methods. The services are often availed for elective surgeries and the treatment of various dental, cosmetic, cardiovascular, orthopaedic and neurological diseases, along with other critical ailments, such as cancer. They also aid the patients to receive high-quality treatment and other healthcare facilities at affordable costs.
The market is primarily driven by booming medical industry across the globe is one of the major factor driving the market growth. Rising adoption of medical migration owing to high cost of chronic diseases in few developed countries. In addition to this, availability of medical facilities affordable cost in emerging economies is acquiring patients from all over the world. Furthermore, growing consumer awareness and many healthcare organizations are also providing comprehensive medical tourism packages to patients is boosting the market. Other factors, including the implementation of favorable government policies endorsing the growth of the medical infrastructure and extensive research and development (R&D) activities, are projected to drive the market in the future.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of medical tourism.
The entire medical tourism market has been sub-categorized into treatment type, type, and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Treatment Type
- Cosmetic Treatment
- Dental Treatment
- Cardiovascular Treatment
- Orthopaedic Treatment
- Bariatric Surgery
- Fertility Treatment
- Ophthalmic Treatment
- Research Laboratories
- Point of Care Testing
This section covers regional segmentation which accentuates on current and future demand for medical tourism market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Medical Tourism Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the medical tourism market include Aditya Birla Memorial Hospital, Apollo Hospitals Enterprise Limited, Asian Heart Institute, Barbados Fertility Center, BB Health Solutions., Fortis Healthcare, Healthbase, KPJ Healthcare Berhad, Prince Court Medical Centre, Samitivej, Seoul National University Hospital, UZ Leuven and others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.