Global Medical Tourism Market

Global Medical
Tourism Market
SYNOPSIS
The report provides market analysis, information and insights into Medical tourism
Market ”
About Medical tourism Market
Medical tourism refers to travelling across international borders for the purpose of
obtaining medical treatment. Cosmetic surgery, dental care, elective surgery and
fertility treatments are widely performed treatments across the globe. Cardiovascular
surgery and genetic disorder treatments are the most preferred forms of medical care
in medical tourism. The cost of healthcare is rising in developed countries and this
results in the availability of cost effective high quality medical services in developing
regions. Medical tourism is used as a key strategy by various regions to boost their
tourism industry and healthcare business. The aim of this report is to analyze the
present and future trends of the medical tourism market.
View more details@ http://www.bigmarketresearch.com/medical-tourism-market
Reports Includes:
This report offers:
Medical tourism is used as a key strategy by various regions to boost their tourism
industry and healthcare business. The aim of this report is to analyze the present and
future trends of the medical tourism market.
Some treatments are banned in certain countries; this fact would help to boost the
tourism industry market.
The report analyzes opportunities in developed as well as emerging economies so that
companies can make strategies as per their targeted regions.
Key Benefits
• Comprehensive analysis of the factors that drive and restrain the growth
of the market is provided
• In-depth analysis of various geographic
regions would help in
understanding the trends in various regions so that companies can make
region specific plans
• Market estimations are made according to the present market scenario of
the medical tourism industry
• Deep dive analysis of various geographic regions provides insights that
would allow companies to strategically plan their business moves
• List of various environmental and regulatory factors affecting the market
growth of medical tourism industry is provided
• Detailed discussion of the supply chain participants of the medical
tourism market is provided in value chain analysis
MARKET OVERVIEW
High quality medical care at an affordable price is the major driving factor for
the medical tourism industry. Surgeries performed in medical tourism are
50% to 90% more cost effective than native hospitals. Moreover, health
insurance portability, medical specialization, geographic contiguity and the
country’s reputation regarding medical care would help the medical tourism
industry to grow at fast rate.
Problems in local follow-up care before patients return to their own country,
problems with medical record transfer and the patients’ unwillingness to take
risks could restrain the growth of the tourism industry.
MARKET SEGMENTATION
• Medical Tourism Market Analysis by Treatment Type
• Medical Tourism Market Analysis by Geography
The medical tourism industry is being actively promoted in countries such as India,
Singapore, Malaysia, Mexico, China, Brazil, Turkey, South Korea, Thailand and Taiwan. India is
the fast growing region in the medical tourism market as India provides cost effective
treatment for several diseases. The availability of the latest medical technology and the
solution to the problem of communication drives the market growth in India. Treatments like
cardiac bypass, dental treatment, bone marrow transplant and heart surgery are available at
a low cost with high healthcare standards.
SUMMARY
This report analyzes the regulatory scenario of developing and developed economies.
The study mainly focuses on anticipating the medication and techniques that would
fuel the market growth. Porter’s Five Forces model in this report shows that the
bargaining power of suppliers is high as there are few countries which provide cost
effective treatments for certain diseases.
The key players of the market are targeting patients from developed countries by
adopting product launch and approval as strategies. The bargaining power of buyers is
comparatively low due to the unavailability of reasonably-priced medication in their
own country.
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The cost of healthcare is rising in developed countries and this results in the availability of cost effective high quality medical services in developing regions. Medical tourism is used as a key strategy by various regions to boost their tourism industry and healthcare business. The aim of this report is to analyze the present and future trends of the medical tourism market. Some treatments are banned in certain countries; this fact would help to boost the tourism industry market. The report analyzes opportunities in developed as well as emerging economies so that companies can make strategies as per their targeted regions. Enquiry For Report@ http://www.bigmarketresearch.com/report-enquiry/22982