Worldwide Growth Of Medical Tourism Market During 2020-2029 | Volumes, CAGR, Value and Development Factors
The global Medical Tourism report offers the weaknesses as well as strong points of the established market players. It analyses various features of the Medical Tourism market such as demand, drivers, challenges, and restrains. The report estimates the influence of these aspects on each market region during the forecast period. It covers the value chain analysis together with vendor list and highlights the present confronts between consumer and supplier.
Medical tourism or health tourism refers to the process of patients travelling to other countries to avail medical treatment for chronic diseases, mainly because medical treatment cost in their country of residence is relatively higher. For people without insurance or those needing medical procedures that insurance won’t cover, medical tourism offers an attractive alternative to rising healthcare costs. In addition, patients use medical tourism option because of better quality and personalized care, and no waiting time. Medical treatments may be medicinal or surgical, such as, dental problems, cosmetic surgery, heart bypass, heart valve replacement, hip replacement, spinal fusion, tummy tuck, breast implant, angioplasty, and many other treatments.
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Originally, medical tourism was referred to the travel of patients from less-developed countries to developed nations in pursuit of the treatments not available in their homeland. However, today we are experiencing both qualitative and quantitative shifts in patient mobility, as people travel from developed and rich countries to less-developed countries in order to access health services. Globalization, communication revolution, and better logistic connectivity has allowed patients to reach any region of world that offer necessary specialty services with excellence at low-costs.
Furthermore, the Medical Tourism market is segmented on the basis of the region as well. It utilizes some practical tools to assess the expansion of the global Medical Tourism market in the forecast time. The Medical Tourism market report also offers a synopsis of the market on a global level that helps users in the decision-making processes, which in turn helps to boost their businesses. This synopsis incorporates the index growth as well as the competitive framework of the Medical Tourism market over the forecast period.
Major players involved in Medical Tourism market are, Barbados Fertility Centre, Bumrungrad International Hospital, Infectious Diseases Partners Pte Ltd, Asian Heart Institute, UZ Leuven (University Hospitals Leuven), Fortis Healthcare Limited, Raffles Medical Group, Aditya Birla Memorial Hospital, Bangkok Hospital Medical Center, Seoul National University Hospital, Prince Court Medical Centre, Samitivej Public Company Limited, KPJ Healthcare Berhad, Min-Sheng General Hospital, Apollo Hospitals Enterprise Limited and NTT Medical Center Tokyo.
The highlight of the Medical Tourism market research report is the in-depth market segmentation
Global medical tourism market, by treatment type: Dental Treatment, Neurological Treatment, Cardiovascular Treatment, Cancer Treatment, Orthopedic Treatment, Fertility Treatment, Cosmetic Treatment, Other General Treatments
Motivations to Purchase Medical Tourism Market Report Covered
1. The report studies how Medical Tourism market will perform in the forecast time.
2. Considering different perspectives on the Medical Tourism market with the assistance of Porter’s five powers examination.
3. Separating the article type that is obviously to control the market and districts that are likely going to watch the quickest improvement between the assessed time period.
4. Distinguish the new advancements, Medical Tourism market offers, and techniques utilized by the market players.
5. The focused scene including the market offer of huge players nearby the key frameworks recognized for advancement in the past years.
6. Complete company profiles covering the current improvements, item contributions, key monetary data, SWOT examination and techniques utilized by the significant Medical Tourism market players.
TABLE OF CONTENTS
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: Global Medical Tourism MARKET LANDSCAPE
– Market Entropy
– Market segmentation analysis
– Market characteristics
PART 06: Global Medical Tourism MARKET SIZING
– Market definition
– Market size and forecast
– Market sizing
PART 07: Global Medical Tourism MARKET SEGMENTATION
– Market opportunity
PART 08: CUSTOMER LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 09: REGIONAL LANDSCAPE
PART 11: MARKET DYNAMICS: DRIVERS, TRENDS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES
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At the end, this study focuses on the Medical Tourism Market growth opportunity, status, future forecast, key market and key players. The study objectives are to present the Medical Tourism growth in Key regions. In order to provide valuable insight by each key element of the market, the highest and slowest growing market segment in the study is described. New market participants are emerging and are accelerating the transition in the market. Merger and acquisition activities are expected to change the market environment for this industry.
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