Insights on the Medical Tourism Global Market to 2027 – Opportunity Analysis and Industry Forecast – Yahoo Finance

Dublin, Jan. 19, 2021 (GLOBE NEWSWIRE) -- The "Medical Tourism Market by Treatment Type: Global Opportunity Analysis and Industry Forecast, 2019-2027" report has been added to ResearchAndMarkets.com's offering.

The global medical tourism market accounted for $104.68 billion in 2019, and is projected to reach $273.72 billion by 2027, registering a CAGR of 12.8% from 2019 to 2027 in terms of value. In terms of volume, the global medical tourism market accounted for 23,042.90 thousand patients in 2019, and is projected to reach 70,358.61 thousand patients by 2027, registering a CAGR of 15.0% from 2019 to 2027.

Medical tourism can be defined as an organized travel across international borders to avail medical treatment of some form, which may or may not be available in the travelers' home country. Medical tourists travel across international borders for the maintenance, enhancement, or restoration of their health through affordable healthcare facilities & treatments available in other countries, which are comparatively expensive in their own country. Medical tourists travel to receive medical treatments such as dental treatment, neurological treatment, and cardiovascular treatment.

The growth of the global medical tourism market is majorly driven by affordability and accessibility of quality healthcare services along with assistance from tourism departments and local governments. In addition, the availability of the latest medical technologies in medical tourism hubs across the globe is expected to fuel market growth. However, lengthy, partial reimbursement by payers and difficulties associated with travel, language barriers, availability of documentation, and VISA approval issues act as key restraints of the global market. Conversely, a wider hospital network under insurance coverage for cashless transactions is expected to serve as a remunerative opportunity for the expansion of the global medical tourism market during the period.

The report segments the market into treatment type and region. On the basis of treatment type, the market is segregated into dental treatment, cosmetic treatment, cardiovascular treatment, orthopedic treatment, neurological treatment, cancer treatment, fertility treatment, and others. Region wise, the medical tourism market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The report provides extensive competitive analysis and profiles of key market players such as Aditya Birla Memorial Hospital, Apollo Hospitals Enterprise Limited, Asian Heart Institute, Barbados Fertility Center, Fortis Healthcare Limited, KPJ Healthcare Berhad, NTT Medical Center Tokyo, Prince Court Medical Centre, Samitivej PCL, Seoul National University Hospital, and Wooridul Spine Hospital.

Key Benefits

Story continues

This report entails a detailed quantitative analysis of the current market trends from 2019 to 2027 to identify the prevailing opportunities.

Medical tourism market size and estimations are based on a comprehensive analysis of the key developments in the industry.

In-depth analysis based on region assists to understand the regional market and the strategic business planning.

The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global market.

Key Topics Covered:

Chapter 1: Introduction1.1. Report Description1.2. Key Benefits for Stakeholders1.3. Key Market Segments1.3.1. List of Key Players Profiled in the Report1.4. Research Methodology1.4.1. Secondary Research1.4.2. Primary Research1.4.3. Analyst Tools and Models

Chapter 2: Executive Summary2.1. Key Findings of the Study2.2. CXO Perspective

Chapter 3: Market Overview3.1. Market Definition and Scope3.2. Key Findings3.2.1. Top Investment Pockets3.3. Reimbursement Scenario3.3.1. Developed Regions3.3.2. Developing Regions3.4. Government Regulations3.5. Top Player Positioning, 20193.6. Porters Five Forces Analysis3.7. Market Dynamics3.7.1. Drivers3.7.1.1. Affordable Good Quality Care3.7.1.2. Availability of Quality Care3.7.1.3. Accessible Information and Care3.7.1.4. Assistance and Support from Government Agencies and Associations3.7.2. Restraints3.7.2.1. Limited Coverage and Lengthy Partial Reimbursement by Payers3.7.2.2. Difficulties Associated With Travel, Language Barriers, Availability, Documentation, and Visa Approval Issues3.7.3. Opportunities3.7.3.1. Overseas Promotional Offices Are a Key Source of Medical Tourists3.7.3.2. Wider Hospital Network Under Insurance Coverage for Cashless Transactions3.7.4. Impact Analyses3.8. Impact Analysis of Covid-19 on the Medical Tourism Market

Chapter 4: Medical Tourism Market, by Treatment Type4.1. Overview4.1.1. Market Size and Forecast4.2. Dental Treatment4.2.1. Key Market Trends, Growth Factors, and Opportunities4.2.2. Market Size and Forecast, by Region4.2.2.1. Market Size and Forecast, by North America4.2.2.2. Market Size and Forecast, by Europe4.2.2.3. Market Size and Forecast, by Asia-Pacific4.2.2.4. Market Size and Forecast, by LAMEA4.3. Cosmetic Treatment4.3.1. Key Market Trends, Growth Factors, and Opportunities4.3.2. Market Size and Forecast, by Region4.3.2.1. Market Size and Forecast, by North America4.3.2.2. Market Size and Forecast, by Europe4.3.2.3. Market Size and Forecast, by Asia-Pacific4.3.2.4. Market Size and Forecast, by LAMEA4.4. Cardiovascular Treatment4.4.1. Key Market Trends, Growth Factors, and Opportunities4.4.2. Market Size and Forecast, by Region4.4.2.1. Market Size and Forecast, by North America4.4.2.2. Market Size and Forecast, by Europe4.4.2.3. Market Size and Forecast, by Asia-Pacific4.4.2.4. Market Size and Forecast, by LAMEA4.5. Orthopedic Treatment4.5.1. Key Market Trends, Growth Factors, and Opportunities4.5.2. Market Size and Forecast, by Region4.5.2.1. Market Size and Forecast, by North America4.5.2.2. Market Size and Forecast, by Europe4.5.2.3. Market Size and Forecast, by Asia-Pacific4.5.2.4. Market Size and Forecast, by LAMEA4.6. Neurological Treatment4.6.1. Key Market Trends, Growth Factors, and Opportunities4.6.2. Market Size and Forecast, by Region4.6.2.1. Market Size and Forecast, by North America4.6.2.2. Market Size and Forecast, by Europe4.6.2.3. Market Size and Forecast, by Asia-Pacific4.6.2.4. Market Size and Forecast, by LAMEA4.7. Cancer Treatment4.7.1. Key Market Trends, Growth Factors, and Opportunities4.7.2. Market Size and Forecast, by Region4.7.2.1. Market Size and Forecast, by North America4.7.2.2. Market Size and Forecast, by Europe4.7.2.3. Market Size and Forecast, by Asia-Pacific4.7.2.4. Market Size and Forecast, by LAMEA4.8. Fertility Treatment4.8.1. Key Market Trends, Growth Factors, and Opportunities4.8.2. Market Size and Forecast, by Region4.8.2.1. Market Size and Forecast, by North America4.8.2.2. Market Size and Forecast, by Europe4.8.2.3. Market Size and Forecast, by Asia-Pacific4.8.2.4. Market Size and Forecast, by LAMEA4.9. Other Treatments4.9.1. Key Market Trends, Growth Factors, and Opportunities4.9.2. Market Size and Forecast, by Region4.9.2.1. Market Size and Forecast, by North America4.9.2.2. Market Size and Forecast, by Europe4.9.2.3. Market Size and Forecast, by Asia-Pacific4.9.2.4. Market Size and Forecast, by LAMEA

Chapter 5: Medical Tourism Market, by Region5.1. Overview5.1.1. Market Size and Forecast5.2. North America5.3. Europe5.4. Asia-Pacific5.5. LAMEA

Chapter 6: Company Profile6.1. Apollo Hospitals Enterprise Limited6.1.1. Company Overview6.1.2. Company Snapshot6.1.3. Operating Business Segments6.1.4. Product Portfolio6.1.5. Business Performance6.1.6. Key Strategic Moves and Developments6.2. Fortis Healthcare Limited6.2.1. Company Overview6.2.2. Company Snapshot6.2.3. Operating Business Segments6.2.4. Product Portfolio6.2.5. Business Performance6.3. Asian Heart Institute6.3.1. Company Overview6.3.2. Company Snapshot6.3.3. Operating Business Segments6.3.4. Product Portfolio6.4. Kpj Healthcare Berhad6.4.1. Company Overview6.4.2. Company Snapshot6.4.3. Operating Business Segments6.4.4. Product Portfolio6.4.5. Business Performance6.5. Ntt Medical Center Tokyo6.5.1. Company Overview6.5.2. Company Snapshot6.5.3. Operating Business Segments6.6. Seoul National University Hospital.6.6.1. Company Overview6.6.2. Company Snapshot6.6.3. Operating Business Segments6.6.4. Product Portfolio6.7. Uz Leuven6.7.1. Company Overview6.7.2. Company Snapshot6.7.3. Operating Business Segments6.7.4. Product Portfolio6.8. Wooridul Spine Hospital6.8.1. Company Overview6.8.2. Company Snapshot6.8.3. Product Portfolio6.9. Aditya Birla Memorial Hospital6.9.1. Company Overview6.9.2. Company Snapshot6.9.3. Operating Business Segments6.9.4. Product Portfolio6.10. Barbados Fertility Center6.10.1. Company Overview6.10.2. Company Snapshot6.10.3. Operating Business Segments6.10.4. Product Portfolio6.11. Prince Court Medical Centre6.11.1. Company Overview6.11.2. Company Snapshot6.11.3. Operating Business Segments6.11.4. Product Portfolio6.12. Samitivej Pcl.6.12.1. Company Overview6.12.2. Company Snapshot6.12.3. Operating Business Segments6.12.4. Product Portfolio

For more information about this report visit https://www.researchandmarkets.com/r/oj7jqz

Follow this link:
Insights on the Medical Tourism Global Market to 2027 - Opportunity Analysis and Industry Forecast - Yahoo Finance

Related Post

Comments are closed.