Medical Tourism Market

Medical Tourism Market Set to Exceed USD USD 31.21 billion by 2026 | CAGR 20.1%

“Medical Tourism Market Share, Size, Trends, Industry Analysis Report By Treatment Type (Orthopedic Treatment, Cardiovascular Treatment, Neurological Treatment, Cosmetic Treatment, Dentistry Treatment, Other Treatments); By Regions, Segments & Forecast, 2018 2026”

Medical Tourism Market Estimate & Forecast to 2026 The medical tourism market is anticipated to reach over USD 31.21 billion by 2026 according to a new research published by Polaris Market Research.Â There has been a great demand for medical tourism in the years. Hence, attracting the international customers has been a great challenge for the companies to attract the medical travelers. These companies have potential strategies that help in creating number awareness in the target audience. This strategy has helped successfully building the brands and has influenced the market growth in the recent past. Furthermore, the patients travelling for medical to the developing countries due to affordability, better and higher level of quality of healthcare to also boost the medical tourism market in the coming years. Considering, the cost factor for the healthcare in the U.S. continues to rise. According to the Visa and Oxford Economics, the figure of will grow up to 25% in coming years. Also, this increase would cover various treatment range like orthopedic surgeries, dental work, and cosmetic surgery. However, issues with the patient follow-up and post surgical complications, and different standards for the treatment in various countries would impede the medical tourism market growth.

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Medical Tourism Market Scope

By Treatment Type

By Region

Report Attributes

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Orthopedic Treatment

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North America

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Historic year: 2015-2016

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Cardiovascular Treatment

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Europe

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Base year: 2017

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Neurological Treatment

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Asia Pacific

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Forecast Year: 2018-2026

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Cosmetic Treatment

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Latin America Middle East & Africa

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Revenue (USD Billion)

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Dentistry Treatment

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Other Treatments

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Medical Tourism Market Estimate & Forecast to 2026 Asia-Pacific generated the highest revenue in the medical tourism market in 2017, and is expected to be the leading region globally during the forecast period. Increasing demand, accessibility of healthcare facilities, increasing number of medical facilities for international patients are the primary factors driving the market growth in this region. Additionally, decreased cost of various treatment procedures in the countries across Asia Pacific to also boost the market growth in coming years. Moreover, India is considered to be the leading market followed by Brazil in the medical tourism market during the forecast period. In addition to this, Turkey is considered to be strong contender in the market, owning to zero waiting time for the treatment with a quality healthcare facility. Access Research Report On Medical Tourism Market Size Â The key players operating in the medical tourism market include Bumrungrad International hospital, Apollo Hospitals Enterprise Limited, KPJ Healthcare Berhad, Prince Court Medical Center, Raffles Medical Group, Fortis Healthcare, and Samitivej Hospital. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Asia-Pacific Medical Tourism Market Share By Treatment Type, 2017 - 2026

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About Us 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 our clientele spread across different enterprises. We at Polaris are obliged to e present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and 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 our customers. Â Web: www.polarismarketresearch.com Official Blog: https://healthcare-market-insights.blogspot.com/

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Thank You! Contact Us : Polaris Market Research 30 Wall Street 8th Floor,Â New York City, NY 10005, United States E mail Id: sales@polarismarketresearch.com Phone: +1-646-568-9980

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