Medical Tourism Market – Opportunities & Forecast, 2020-2027

 

The market research offers historical and forecasts market data, demand, segmentation, price trends, and company shares of the leading players. The report splits the market size, by volume and value, on the basis of speciality and geography. First, this report covers the present status and the future prospects of the market over the forecast period. And in this report, we analyze the global market from 4 geographies: Asia-Pacific, Europe, North America, and Rest of the World. At the same time, we have classified the Medical Tourism Market according to the speciality, and by regions.

Competitive Landscape: The Medical Tourism Market report also scans the competitive landscape and profiles the major players operating in the market, including Euro medical Tours, BB Health Solutions, Apollo Hospitals, Cosmedic Travel, Health base, KPJ Healthcare Behard, Medretreat, Prince Court Medical Center, and Raffles Media Group.

Medical Tourism Market drivers:

The global medical tourism market is expected to witness strong demand in recent years. The significant factors contributing to the growth of the medical tourism market include the availability of additional benefits, including the latest technologies, better healthcare, innovative medicines, better hospitality, modern devices, and personalized. Moreover, inadequate insurance advantages and no healthcare insurance in the local market are some factors surging market growth. Furthermore, the growing demand for procedures, which are not covered by insurance, such as gender reassignment operations, dental reconstruction, fertility treatment, and cosmetic surgery, is also propelling the growth of the market in the upcoming years.

The major driver supporting the growth of the market during the forecast period includes affordability and ease of international travel to avail medical services. Several packages and discounts provided by the airline and traveling organization to medical patients will raise the number of international travelers. Favorable exchange rates and economical prices, along with better hospitality services offered by the health tourism destination, will further propel the growth of the medical travel industry.

Availability of high medical quality of cosmetic surgery, cardiovascular surgery, orthopedic and dental surgery is one of the major factors fuelling the market growth. The increasing requirement for emergency medication has led to the search for medical tourism destinations to open other feasible options. The various advancements in hospital management have positively influenced the medical tourism sector. The provision of luxurious stay and comfortable treatment options offered by the hospitals brings various growth opportunities for the medical.

For Additional Insights, Click to Access Complete Report: https://www.gmiresearch.com/report/global-medical-tourism-services-market/

The study objectives of this report are:

1.       To analyze the global region’s market potential and advantages, opportunity and challenge, restraints and risks.

2.       To identify significant trends and factors driving or inhibiting market growth.

3.       To analyze the opportunities in the market for stakeholders by identifying the high growth segments.

Medical Tourism Market Segmentation:

By Speciality:

·         Cardiovascular Treatment

·         Orthopedic Treatment

·         Neurological Treatment

·         Cancer Treatment

·         Fertility Treatment

·         Cosmetic Surgery

·         Dental Care

·         Other Surgery

By Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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