Global Medical Tourism Market: 2024 Industry Size, Shares, Segment & Forecast up to 2032
Global Medical Tourism Market Forecast to 2032
Emergen Research’s latest market research report focuses on the global Medical Tourism market, and the report provides in-depth analysis of each of its major segments. Reports about the global Medical Tourism market provide a comprehensive overview of the market, including market size, revenue growth rate, industry statistics, revenue shares among regional markets, gross profits, production costs, and product portfolios Medical Tourism industry projections and qualitative and quantitative assessments have been provided by the report’s authors.
The global medical tourism market size was USD 93.27 Billion in 2022 and is expected to register a revenue CAGR of 10.7% during the forecast period. Increasing exorbitant expenses associated with medical treatments in developed countries, rising prevalence of various chronic diseases are some of the key factors driving market revenue growth.
The SWOT analysis and Porter’s Five Forces Analysis are some of the most important components of this report that provide insight into the highly competitive environment of the industry. A detailed analysis of the global Medical Tourism market is presented in the report, including North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Aside from revenue growth drivers & restraints, production & consumption patterns, changing consumer preferences, and stringent regulatory standards, this report also examines other key aspects of regional markets.
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Research Report on the Medical Tourism Market Addresses the Following Key Questions:
- Who are the dominant players of the Medical Tourism market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Medical Tourism market?
- What are the key growth drivers and restraining factors of the Medical Tourism market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Medical Tourism market and its key segments?
Market Overview:
The report bifurcates the Medical Tourism market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Market Segmentations:
-
Procedure Type Outlook (Revenue, USD Billion; 2019-2032)
- Cardiovascular
- Orthopedic
- Cosmetic
- Dental
- Cancer
- Fertility
- Neurological
- Others
-
Service Providers Outlook (Revenue, USD Billion; 2019-2032)
- Public
- Private
-
Service Type Outlook (Revenue, USD Billion; 2019-2032)
- Wellness services
- Therapeutic services
- Alternative Treatment
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Regional Landscape section of the Medical Tourism report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Medical Tourism market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Prince Court Medical Centre, Aditya Birla Health Services Ltd., Fortis Healthcare, Apollo Hospitals Group,Klinikum Medical Link, Ltd,KPJ Healthcare Berhad., NTT Medical Center Tokyo ,Shouldice,Bangkok Hospital and Bumrungrad International Hospital
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