Global Medical Tourism Market Development Strategy Analysis 2019-2026Posted by Nikita Manwar on October 1st, 2019 GMI Research has published a new study titled “Global Medical Tourism Market, By Speciality (Cardiovascular Treatment, Orthopedic Treatment, Neurological Treatment, Cancer Treatment, Fertility Treatment, Cosmetic Surgery, Dental Care , Other Surgery ) and Geography – Opportunities & Forecast, 2019-2026”, which orates the future prospects set to strike the Medical Tourism Market during the forecast period. The Global Medical Tourism Market was valued at USD 75 billion in 2018, and is projected to reach USD 137 billion by 2026, growing at a CAGR of 7.9% during 2019-2026. Medical tourism is when people living in one country travel to other county with an objective of seeking medical treatment of any form, the particular treatment may not be available, unaffordable and not accessible in the patient’s own country. The treatment may include a variety of therapeutic services. The overall procedural cost of undergoing medical treatment in an established and developed nation is very high. Although, the treatments are of high and reliable quality, the procedural cost tend to be on the more expensive side compared to cost in non-developed and developing nation. Moreover , the trending healthcare surgical procedures are highly priced which places a heavy burden on the healthcare systems. Based on Speciality, Cardiovascular treatment is anticipated to lead the market during 2019–2026 The companies are focusing on cheaper and effective medical tourism package launches for keeping their leadership in global Medical Tourism market. Various notable players operating in global Medical Tourism market include BB Health Solutions, Euro medical Tours, Raffles Media Group, Apollo Hospitals, Health base, Medretreat, KPJ Healthcare Behard, Prince Court Medical Center, Cosmedic Travel and others. The Global Medical Tourism Market has been segmented on the basis of speciality and key geographies. Based on speciality type, the market comprises of Cardiovascular Treatment, Orthopedic Treatment, Neurological Treatment, Cancer Treatment, Fertility Treatment, Cosmetic Surgery, Dental Care , Other Surgery. Key questions answered in this research report: Market Segmentation By Geography • Europe • Asia-Pacific • ROW About GMI Research GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition. GMI Research leverages its industry expertise and experience to identify the industry trends, big opportunities and potential growth areas across industries. Our Syndicated reports provide actionable insights and covers industry trends, market drivers & restraints, macroeconomics factors, market estimates & forecasts, competitive landscape etc. which helps our clients to strengthen its market position by deploying specific strategies and actions that will lead to higher growth. Media Contact Like it? Share it!More by this author |