Top 10 “Medical Tourism Market” Players Analysis | Top Destinations with Revenue Overview | Phenomenal Growth of 21.4% by 2023

Fri Apr 13, 2018 - 2:00am UTC

Medical Tourism Market Information: By Treatment Types (Orthopedic/Spine Treatments, Oncology/Cancer Treatments, Cosmetic Treatments, Cardiovascular/Cardiology Treatments, Dental Treatments, Neurology/Neurosurgery Treatments, Fertility/IVF Treatments, others) – Forecast till 2023

Pune, India – April 12, 2018

The Global Medical Tourism Market will generate an explosive double digit CAGR of 21.4% during the forecast period (2017-2023).

Key Players:

Fortis Healthcare Ltd.,
Apollo Hospitals Enterprise Limited,
KPJ Healthcare Berhad,
Barbados Fertility Centre,
NTT Medical Center Tokyo,
Seoul National University Hospital,
Asian Heart Institute and Research Centre Private Limited,
Aditya Birla Memorial Hospital,
Prince Court Medical Centre (Malaysia),
Samitivej PCL (Thailand),
CHRISTUS MUGUERZA (Mexico),
Anadolu Medical Center (Turkey)

Market Overview:

Medical tourism is also known as medical travel or health tourism. This term usually refers to traveling to abroad or another country to seek healthcare services. Patients from different countries are traveling outside their home country for the purpose of receiving medical treatments and wellness service. Travelling abroad for medical treatment is not a recent trend, it has been gaining more momentum and media interest in the last decades. According to a report by Oxford Economics and Visa, around 11-14 million people travel abroad for healthcare services.

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Medical tourism is a rising trend in global healthcare sector which often defined as the activities to improve the well-being of medical traveler or medical tourist. These activities may involve medical check-ups, various treatments, surgeries, and other wellness practices that require skilled medical interventions. Availability of cost-effective treatments, quality service & less waiting period, and rising geriatric & middle class population drives the growth of the market. However, communication barriers and need for travelling may hamper the market growth.

The rise of in-vitro fertilization, surrogacy, and unfashionable-manufacturing has additionally inspired the market. Worldwide accreditation is a key element boosting international medical tourism. currently, over 600 health centers inside the international are approved by using the U.S. joint fee international (JCI), that’s developing by way of 20% each yr. the marketplace restraints are restricted coverage and inadequate reimbursement presented by way of insurance agencies, problems associated with pass border travel, which includes cultural limitations, connectivity problems, documentation, and visa approval issues, and others.

Segments:

Medical tourism market has been segmented on the basis of treatment types, which comprises of orthopedic/spine treatments, oncology/cancer treatments, cosmetic treatments, cardiovascular/cardiology treatments, dental treatments, neurology/neurosurgery treatments, fertility/IVF treatments, and others.

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Taste the market data and market information presented through more than 49 market data tables and figures spread over 71 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “medical tourism market research report–Global forecast till 2023.”

Brief TOC

1 Report Prologue

2 Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

3 Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary research

3.4 Market Size Estimation

4 Market Dynamics

…TOC Continued

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