Medical Tourism Market to Drive Astonishing Growth in Coming Years 2017-2027

MARKET INTRODUCTION
Medical Tourism refers to where people from one country travel to another country to receive medical, treatment. People travel for medical care because of affordability, better access to care or a higher level of quality of care. "Domestic Medical Tourism" is where people who live in one country travel to another city, region or state to receive better medical treatment or greater care than they would have in their own home city. Medical tourism most often is for surgeries, like cardiovascular, cosmetic and others. However patients also travel for dental tourism or fertility tourism purposes. People with rare conditions may travel to countries where the treatment is better understood. However, almost all types of health care are available, including psychiatry, alternative medicine, convalescent care and even burial services.

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Most Eminent Key Players Operating in this Study

  • Bumrungrad International Hospital
  • Samitivej Hospitals
  • Bangkok Hospital Group
  • Fortis Healthcare Limited
  • Apollo Hospitals Enterprise Limited
  • Hamad Medical Corporation
  • Asklepios Kliniken Gmbh
  • Sunway Medical Centre
  • Yanhee International Hospital
  • Asian Heart Institute

MARKET DYNAMICS
The medical tourism market is anticipated to grow in the forecast, owing to the factors such availability of cheaper treatment options, increasing number of surgeries like dental, cosmetic, fertility and others and availability of skilled medical professionals at a lower price in the market during the forecast period. However ethical concerns and legal issues and risks of acquiring regional infectious disease are some of the factors hampering the market growth.

What the report features:-

  • Global analysis of Medical Tourism Market to 2027 illustrating the progression of the market.
  • Forecast and analysis of Medical Tourism Market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America

MARKET SCOPE
The "Global Medical tourism Market Analysis to 2027" is a specialized and in-depth study of the medical devices industry with a special focus on the global market trend analysis. The report aims to provide an overview of medical tourism market with detailed market segmentation by treatment type and geography. The global medical tourism market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading medical tourism market players and offers key trends and opportunities in the market.

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MARKET SEGMENTATION
The global medical tourism market is segmented on the basis of type, surgical site, end user and geography. Based on treatment type, the market is segmented as dental treatment, cosmetic treatment, cardiovascular treatment, orthopedic treatment, neurological treatment, cancer treatment, fertility treatment and other treatments

REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global medical tourism market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The medical tourism market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting medical tourism market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the medical tourism market in these regions.

The reports cover key developments in the medical tourism market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from medical tourism market are anticipated to lucrative growth opportunities in the future with the rising demand for medical tourism market in the global market.

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Key Reasons to Purchase this Complete report:

 - Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Medical Tourism Market.

- Highlights key business priorities in order to assist companies to realign their business strategies.

- The key findings and recommendations highlight crucial progressive industry trends in the Medical Tourism, thereby allowing players to develop effective long term strategies.

- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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Posted by on Tuesday July 09 2019, 3:15 PM EDT. All trademarks acknowledged. Filed under Biotechnology, Diagnostics, Healthcare, Life Sciences, Medical Devices, Pharmaceuticals. Comments and Trackbacks are open. Follow responses: RSS 2.0

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