Report Analyzes Global Medial Tourism Market

Published On : 26 Dec 2016

A recent market research report added to the vast research report collection of presents a thorough overview of the present state and a forecast about the future state of the global market for medical tourism. The report is titled “Global Medical Tourism Market Research Report 2021.”

Medical tourism, referring to the process of travelling to foreign countries to receive medical care, is often seen as an effective way of seeking high-class medical treatments at competitive rates, one or both of which may not be possible in the country of residence for patients. The medical tourism industry is in its nascent phase and several new regions are representing the field with encouraging progress in the scope of procedures or therapies undertaken, technological progress of healthcare infrastructure, and reduction in cost of services.

The report presents a thorough overview of the key factors driving and restraining the market, and the key trends of past and present times that are expected to have a measurable impact on the market’s overall development. On overview of the most lucrative regional markets is also presented in great details. The key regional markets for medical tourism examined in the report include North America, Europe, Asia Pacific, Middle East, and Africa.

Europe and North America are considered to be high-growth markets for the medical tourism area and are renowned for procedures such as heart surgery, dentistry, and plastic surgery. The highly advanced healthcare infrastructure and an excellent resource pool are some of the key factors to have made these regions chief stakeholders of the global medical tourism market.

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Countries in Asia Pacific have also made excellent progress in the field of technologically advanced healthcare infrastructure and is becoming one of the most preferred destinations for medical tourism. The significantly low cost of procedures in Asia Pacific countries as compared to developed regions such as North America and Europe, with equally competitive healthcare services, are the key factors to have allowed Asia Pacific to take the lead in the global medical tourism market in the past few years.

The report also presents a thorough analysis of the regulatory scenarios that are expected to bolster or hamper the growth of the market. As such, a detailed outlook of the key medical tourism-related rules, regulations, policies, and plans across key regional markets is provided in the report.

The report also provides a thorough overview of the competitive and vendor landscape of the global medical tourism market. The report provides detailed business profiles of some of the key players operating in the market. An overview of recent activities such as mergers, acquisitions, and strategic collaborations, and other factors expected to affect the competitive dynamics of the market is also included in the report. 

Companies in the market profiled in the report include Bangkok Dusit Medical Services, KPJ Healthcare Berhad, Asian Heart Institute, Min-Sheng General Hospital, Samitivej Sukhumvit, Fortis Healthcare, Prince Court General Hospital, Spire Healthcare, and Bumrungrad Hospital Public Co. Ltd.

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