Press release
Beyond Borders, Medical Tourism Market Peaks
Medical Tourism is a term used to describe traveling across international borders to seek healthcare services. Millions of people in different regions travel to various countries for medical care, a practice known as medical tourism.
Global Medical Tourism Report Scope:
• Market Size (2029): USD 111.2 Billion
• Market Size (2024): USD 47 Billion
• CAGR (2024 to 2029): 18.18%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: Treatment Type and Geography
• Geographies Covered: North America, Europe, APAC, Latin America, and Middle East & Africa
• Key Market Players Profiled are Min-Sheng General Hospital, Apollo Hospitals Enterprise Limited, Samitivej Sukhumvit, Fortis Healthcare Ltd, Asian Heart Institute, Prince Court Medical Center, Bangkok Hospital Medical Center, KPJ Healthcare Berhad.
Avail sample market brochure of the report, ask @ https://www.marketdataforecast.com/market-reports/medical-tourism-market/request-sample
The primary driving factor that enhances the adoption of medical tourism among people is affordability. Most countries offer advanced medical treatment at lower prices than their home countries, driving the growth of the medical tourism market. Financial stability and affordability are significant contributors to the expansion of the global medical tourism market. Another factor contributing to the global market growth is the healthcare quality provided by various medical centers, which is getting people from other regions. Many medical centers and tourism destinations are incorporated with advanced medical facilities and highly experienced healthcare professionals. The growing prevalence of diseases worldwide and the rising adoption of technological advancements in various treatment options are prompting the adoption of medical tourism worldwide. The increasing awareness among the people regarding medical tourism and its advantages fuels the global market revenue.
The rising government investments in developed countries to build prominent healthcare facilities, government policies, and growing government initiatives to promote medical tourism are all factors that propel the growth of the global medical tourism market. Most people from high-cost healthcare regions like the U.S., Canada, and Europe prefer medical treatment in other countries that provide quality healthcare with minimal expenditure, boosting the adoption of medical tourism. The rapid development of digital technology introduced telemedicine, which has facilities to globalize healthcare services. This helps the patients research and connect with medical professionals worldwide and seek medical facilities, raising global market revenue growth.
Browse full details of the report @ https://www.marketdataforecast.com/market-reports/medical-tourism-market
Key Insights from The Report:
• By treatment type, the cardiovascular and cancer segments occupy a major share of the worldwide market share in 2023.
• Based on treatment type, the fertility treatment segment is expected to grow at the fastest CAGR during the forecast period.
• North America dominated the medical tourism market in 2023. Europe accounted for second-highest share of the global market in 2023 and on the other hand, the Asia-Pacific region is estimated to grow at the fastest CAGR during the forecast period.
• Min-Sheng General Hospital, Apollo Hospitals Enterprise Limited, Samitivej Sukhumvit, Fortis Healthcare Ltd, Asian Heart Institute, Prince Court Medical Center, Bangkok Hospital Medical Center, KPJ Healthcare Berhad dominated the medical tourism market.
The report can be customized as per the requirements, ask @ https://www.marketdataforecast.com/market-reports/medical-tourism-market/customization
SEGMENTATION INCLUDED IN THIS REPORT:
By Treatment:
• Orthopedic Treatment
• Cardiovascular Treatment
• Dental Treatment
• Fertility Treatment
• Cosmetic Treatment
• Neurological Treatment
• Cancer Treatment
By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Browse Regional Reports:
North America Medical Tourism Market Research Report - Segmented By Treatment Type, & Country (U.S, Canada & Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/north-america-medical-tourism-market
Europe Medical Tourism Market Research Report - Segmented By Treatment Type, & Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic, and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/europe-medical-tourism-market
APAC Medical Tourism Market Research Report - Segmented By Treatment Type, & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/asia-pacific-medical-tourism-market
Latin America Medical Tourism Market Research Report - Segmented By Treatment Type, & Country (Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis, Size, Share, Growth, Trends, & Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/latin-america-medical-tourism-market
Middle East & Africa Medical Tourism Market Research Report - Segmented By Treatment Type, & Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast from (2024 to 2029) - https://www.marketdataforecast.com/market-reports/middle-east-and-africa-medical-tourism-market
TABLE OF CONTENTS:
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemiology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1Treatment Type
5.1.1 Introduction
5.1.2Orthopedic
5.1.3 Neurological
5.1.4Cardiovascular
5.1.5 Fertility
5.1.6 Cancer Treatment
5.1.7Y-o-Y Growth Analysis, By Treatment Type
5.1.8Market Attractiveness Analysis, By Treatment Type
5.1.9Market Share Analysis, By Treatment Type
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.4Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.5Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter's Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Apollo Hospitals Enterprise Limited
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Samitivej Sukhumvit
8.3 Fortis Healthcare Ltd.
8.4 Asian Heart Institute
8.5 Prince Court Medical Center
8.6 Bangkok Hospital Medical Center
8.7 KPJ Healthcare Berhad
8.8 Raffles Medical Group
8.9 Bumrungrad International Hospital
8.10 Min-Sheng General Hospital
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations, and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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