Global Medical Tourism Market is expected to reach $57.2 billion by 2022; Finds New Report

Global Medical Tourism Market is accounted for $17.1 billion in 2015 and is poised to reach $57.2 billion by 2022 growing at a CAGR of 18.8% during the forecast period. Affordable good quality care, presence of advanced medical technologies and better pricing for cosmetic surgeries are likely to fuel the market for medical tourism. However, Limited coverage, false medical practices and lengthy partial reimbursement by payers are hindering the market growth.

Asia-Pacific is expected to grow at the highest CAGR during the forecast period. India, Singapore and Thailand countries attract the majority medical tourists driven by the better quality care available at reasonable prices and within least waiting time. Mexico is the top medical tourism destination and hosts the largest number of medical tourists in the world, especially North and Latin Americans, due to quality treatment with efficient cost. India creates awareness to a large number of medical tourists due to its specialization in the field of cardiac surgeries. The Malaysian management has taken up various proposals to develop the medical service in the country in order to expand the market.

Some of the key players in the market include Fortis Hospital, Gleneagles Hospital, Asklepios Klinik Barmbek, Wooridul Spine Hospital, Prince Court Medical centre, Anadolu Medical Centre, Clemenceau Medical centre, Raffles Medical Group, Bumrungrad International Hospital, Bangkok Hospital Medical Center, Asian Heart Institute, KPJ Healthcare Berhad, Samitivej Sukhumvit, Apollo Hospitals Enterprise Limited and Min-Sheng General Hospital.

Treatment type Covered:

• Dental treatment
• Cardiovascular treatment
• Cancer treatment
• Cosmetic treatment
• Neurological treatment
• Orthopedic treatment
• Fertility treatment
• Other general treatments

Products Covered:

• Reagents & Media
• Instruments
• Accessories & Consumables

End Users Covered:

• Diagnostics
• Food
• Research Laboratories
• Point of Care Testing
• Others

Environmental Industry

Defense

Regions Covered:

North America

US

Canada

Mexico

Europe

Germany

France

Italy

UK

Spain

Rest of Europe

Asia Pacific

Japan

China

India

Australia

New Zealand

Rest of Asia Pacific

Rest of the World

Middle East

Brazil

Argentina

South Africa

Egypt

What our report offers:

• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Spanning over 145 pages “Medical Tourism - Global Market Outlook (2015-2022)” report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Medical Tourism Market, By Treatment type, Global Medical Tourism Market, By Geography, Key Developments, Company Profiling.

For more information Visit at: http://mrr.cm/JMB

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