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Medical Tourism Market Size Estimation 2019- Latest Trends, Country Level Analysis, Growth, Newly Invented Strategies, Opportunities, Drivers, Challenges and Influence Factors Shared in Latest Report

October 30th, 2019 Market Research Future Releases

Medical Tourism Market Highlights

The global medical tourism market is prognosticated to have a healthy growth at a whopping 21.4% CAGR over the assessment Forecast to 2023. Diseases and ailments are a part and parcel of every individual’s existence. Till date, people have not accepted any form of defeat when it comes to syndromes which afflict them. So, for their pursuit for existence, distance indeed is a minor hurdle, thus travelling to another country for healthcare has been and is likely to be a growing trend for many more years to come.

 FREE SAMPLE COPY OF Medical Tourism Market Research Report- Global forecast till 2023” @ https://www.marketresearchfuture.com/sample_request/1975 

Medical tourism in simple terms can be defined as travelling across different countries with an aim to avail some form of medical treatment which may be available or may not be in the home country of the traveler. This treatment includes various medical services but the services that are most frequently availed include fertility treatment, elective surgery, neurological disease treatment, orthopedic treatment, cancer treatment and others. In medical tourism, the word tourism has been put as often people stay in a new country post completion of their treatment. Thus, the traveler can reap the perks of their visit through day trips, sightseeing or taking part in any traditional tourism activity. A wide array of medical services can be attained through medical tourism and some of its advantages include accessibility of advanced equipment, no waiting period, low cost treatment, low-cost consulting fee, accessibility of medical experts, treatment-cum-leisure destination and specialty treatment.

There are many factors that is driving the growth of the medical tourism market. Some of these factors as per the Market Research Future (MRFR) report include accessibility and affordability of superior quality healthcare services, assistance from local governments and tourism departments, accessibility of advanced medical technologies in the leading medical tourism hubs across the world, benefits such as personalized care, better hospitality, modern devices, innovative medicines, latest technologies and better healthcare, minimal waiting period, burgeoning geriatric population and rising spending power especially of the middle class. On the contrary, factors such as travel expenses and communication barriers may create a challenge in the medical tourism market growth.

Medical Tourism Market Segmentation

Market Research Future report offers an all-inclusive segmental analysis of the medical tourism market on the basis of type.

Based on type, the medical tourism market is segmented into dental treatments, oncology/cancer treatments, cardiovascular/cardiology treatment, cosmetic treatments, fertility/IVF treatment, orthopedic/spine treatments and neurology/neurosurgery treatment. Of these, the cosmetic treatment market segment is expected to be the most lucrative during the assessment period owing to the increasing demand for breast reconstruction and facial rejuvenation treatments. Besides, the cost-effective prices for cosmetic procedures at the various medical tourism destinations will fuel the growth of the medical tourism market.

Medical Tourism Market Regional Analysis

Based on region, the medical tourism market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Middle East and Africa. Of these, the market in the APAC region is expected to maintain ascendancy during the assessment period owing to investments being made in the cutting-edge medical machinery and technological advancements. South Korea is the largest contributor as it is the most sought-after destination especially for cosmetic procedures. Central and Eastern Europe too represent a vital regional segment that is expanding by leaps and bounds for establishing itself as a favorable medical tourism destination during the assessment period.

Medical Tourism Market Analyzed by Key Players

Leading players profiled in the medical tourism market include Schoen-Kliniken, Gleneagles Global Hospitals Group, Fortis Healthcare, Prince Court Medical Centre, Anadolu Medical Center, Clemenceau Medical Center, CHRISTUS MUGUERZA, Samitivej PCL, Bumrungrad International Hospital, Bangkok Hospital, Shouldice Hospital, Asklepios Kliniken Verwaltungsgesellschaft mbH and others.

Feb 2019- The much-awaited International Conference on Medical Tourism and Global Health will be held from March 7, 2019. The 4-day conference has been planned by IIM Kozhikode with an aim to create a platform for academia and industry for interacting, deliberating and creating knowledge resources which will prove beneficial for all stakeholders. The second phase will be held from 11-13 March, in Jaipur, India.

OBTAIN RESEARCH REPORT DETAILS WITH TOC @ https://www.marketresearchfuture.com/reports/medical-tourism-market-1975 

 Table OF CONTENT

1 REPORT PROLOGUE

2 INTRODUCTIONS

3 RESEARCH METHODOLOGY

4 MARKET DYNAMICS

5 MARKET FACTOR ANALYSIS

6 GLOBAL MEDICAL TOURISM MARKET, BY TREATMENT TYPE

7 GLOBAL MEDICAL TOURISM MARKET, BY REGION

8 COMPETITIVE LANDSCAPE

LIST OF TABLES

TABLE 1 GLOBAL MEDICAL TOURISM MARKET SHARE BY TREATMENT TYPE, 2014-2023 (USD MILLION) 26

TABLE 2 GLOBAL MEDICAL TOURISM MARKET SHARE FOR ORTHOPEDIC/SPINE TREATMENTS, 2014-2023 (USD MILLION) 27

TABLE 3 GLOBAL MEDICAL TOURISM MARKET SHARE FOR ONCOLOGY/CANCER TREATMENTS, 2014-2023 (USD MILLION) 28

TABLE 4 GLOBAL MEDICAL TOURISM MARKET SHARE FOR COSMETIC TREATMENTS, 2014-2023 (USD MILLION) 29

TABLE 5 GLOBAL MEDICAL TOURISM MARKET SHARE FOR CARDIOVASCULAR/CARDIOLOGY TREATMENTS, 2014-2023 (USD MILLION) 30

TABLE 6 GLOBAL MEDICAL TOURISM MARKET SHARE FOR DENTISTRY TREATMENTS, 2014-2023 (USD MILLION) 30

TABLE 7 GLOBAL MEDICAL TOURISM MARKET SHARE FOR NEUROLOGY/NEUROSURGERY TREATMENT, 2014-2023 (USD MILLION) 31

TABLE 8 GLOBAL MEDICAL TOURISM MARKET SHARE FOR FERTILITY/IVF TREATMENTS, 2014-2023 (USD MILLION) 32

TABLE 9 GLOBAL MEDICAL TOURISM MARKET SHARE BY REGION, 2014-2023 (USD MILLION) 35

TABLE 10 AMERICAS MEDICAL TOURISM MARKET SHARE BY REGION, 2014-2023 (USD MILLION) 36

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

 

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