Press release
Medical Tourism Market Transformative Surge to Hit USD 80.07 Billion by 2032, Driven by 24.7% CAGR | Apollo Hospitals Enterprise Ltd, Bangkok Hospital, Bumrungrad International Hospital
๐๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐๐๐ข๐๐๐ฅ ๐๐จ๐ฎ๐ซ๐ข๐ฌ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ ๐๐๐ ๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐. ๐๐จ๐จ๐ค๐ข๐ง๐ ๐๐จ๐ซ๐ฐ๐๐ซ๐, ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐ญ๐จ ๐๐๐ ๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐๐ฑ๐ก๐ข๐๐ข๐ญ๐ข๐ง๐ ๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐ง๐ง๐ฎ๐๐ฅ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ซ๐๐ญ๐ (๐๐๐๐) ๐จ๐ ๐๐.๐% ๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐ ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐.The growing aggregate of persons looking for medical care abroad, progression in healthcare technology, growing healthcare prices, and growing demand for unique treatment are the primary factors propelling the market forward. Besides, the rise in demand for non indemnity procedures such as dental remodeling, cosmetic surgery, reproductive therapy, and gender reallocation surgeries is assisting in the sector's advancement.
๐๐๐ข๐ง ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐๐ข๐๐๐ฅ ๐๐จ๐ฎ๐ซ๐ข๐ฌ๐ฆ ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/medical-tourism-market/request-for-sample
Medical tourism can be defined as the procedure of proceeding outside the nation of home for the reason of obtaining medical care. Escalation in the approval of medical tourism has seized the awareness of policy drafters, researchers, and the media. Presently, there is a qualitative and quantitative shift in patient potency as people proceed from affluent to less advanced nations in order to approach health services which is pushing the medical tourism market forward. Such potency is propelled by respective economical treatments in less advanced countries, the obtainability of cheap flights, and growing marketing and online consumer details about the obtainability of medical services.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
The market is splintered and is expected to encounter massive contention due to many players existence. Some of the current players in the medical tourism market are:
โข Apollo Hospitals Enterprise Ltd.
โข Bangkok Hospital
โข Bumrungrad International Hospital
โข Dr. B. L. Kapur Memorial Hospital
โข Kasemrad Hospital International Rattanathibet
โข Miot Hospital
โข Mission Hospital
โข MOHW Hengchun Tourism Hospital
โข Mount Elizabeth Hospitals
โข Penang Adventist Hospital
โข Raffles Medical Group
๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐๐๐ฅ๐จ๐ฐ ๐๐ข๐ง๐ค ๐ญ๐จ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/buy/299/2
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
โข Cost Savings: Significant cost advantages in various treatments, surgeries, and procedures compared to the home countries of patients.
โข High-Quality Healthcare: Availability of advanced medical technologies and internationally accredited facilities in destination countries.
โข Immediate Treatment: Reduced waiting times for medical procedures compared to long queues in the home countries.
โข Comprehensive Care Packages: Offering all-inclusive packages covering treatment, accommodation, and travel.
โข Availability of Specialized Treatments: Access to specialized medical treatments, including advanced surgeries, cosmetic procedures, and fertility treatments.
โข Increased Global Connectivity: Improved transportation networks and affordable international flights facilitate easier travel for medical purposes.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
โข With the region's economic healthcare potential in the U.S., Asia Pacific is expected to experience significant growth. Besides, the most approved tourist destinations are dispensed across many nations in the region. Malaysia, Singapore, and Thailand are favored options for medical tourists because of their popularity for recuperating patients and comparably cost-effective living conditions.
โข The medical tourism industry in North America is experiencing robust growth and innovation. Nations such as the U.S. and Canada have sustained strict healthcare standards for a longer duration. With many potential destinations carrying a global mandate, patient faith in medical processes has notably escalated.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐: https://www.polarismarketresearch.com/industry-analysis/medical-tourism-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
By Treatment Type
โข Cosmetic Treatment
โข Bariatric Treatment
โข Dental Treatment
โข Cardiovascular Treatment
โข Orthopedic Treatment
โข Ophthalmology Treatment
โข Infertility Treatment
โข Alternative Medicine
โข Others
By Service Provider
โข Private
โข Public
๐๐๐๐ข๐๐๐ฅ ๐๐จ๐ฎ๐ซ๐ข๐ฌ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข The cosmetic segment dominated the market in 2023, driven by increasing patient awareness, a greater demand for anti-aging treatments, and the high cost of cosmetic implants in developed countries.
โข The private segment led the market in 2023 and is expected to maintain its dominance due to advancements in healthcare technologies and the availability of privately owned, internationally recognized, and accredited providers.
โข Asia Pacific holds a significant revenue share in the global Medical Tourism market, driven by cheaper medical care compared to private healthcare facilities in the United States.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ข๐๐-๐ซ๐๐ง๐ ๐ข๐ง๐ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐จ๐ ๐๐๐'๐ฌ ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
๐๐๐ฑ๐ญ ๐๐๐ง๐๐ซ๐๐ญ๐ข๐จ๐ง ๐๐๐ช๐ฎ๐๐ง๐๐ข๐ง๐ (๐๐ ๐ฌ) ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/next-generation-sequencing-ngs-market
๐๐๐ฏ๐๐ง๐๐๐ ๐๐จ๐ฎ๐ง๐ ๐๐๐ซ๐ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-advanced-wound-care-management-market
๐๐๐ฉ๐ฌ๐ข๐ฌ ๐๐ข๐๐ ๐ง๐จ๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-sepsis-diagnostics-market
๐๐๐๐ ๐๐ง๐ ๐๐๐๐ค ๐๐๐ง๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-head-and-neck-cancer-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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