(MENAFN- EIN Presswire) Medical Tourism Market Analysis
Medical Tourism Market Size is estimated to Reach US$ 83,279.1 Million at a CAGR of 12.4% by 2030
BURLINGAME, CALIFORNIA, UNITED STATES, March 15, 2023 /einpresswire.com / -- Medical tourism refers to traveling to another country to receive medical treatment or procedures. This may involve seeking out medical care that is unavailable, unaffordable, or of lower quality in one's home country, or simply taking advantage of lower costs or shorter wait times for elective procedures.
Medical tourism has become increasingly popular in recent years, driven in part by rising healthcare costs in many countries, as well as the increasing availability of information about healthcare options and providers worldwide. While medical tourism can offer many benefits, such as cost savings and access to specialized treatments, it also carries some risks. These include the potential for substandard care, language barriers, and limited legal recourse in the event of malpractice or other issues.
Coherent Market Insights published a report titled“medical tourism market” research report which covers inclusive statistics on prevalent trends, drivers, growth opportunities, and restraints that can change the market dynamics of the global industry. This report offers an in-depth analysis of the market segmentation that includes products, applications and geographical analysis. Medical Tourism market report delivers a nearby watch on leading competitors with strategic analysis, micro and macro market trends and scenarios, pricing analysis and a complete overview of the industry situations during the forecast period.
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The research report on the Medical Tourism industry offers a comprehensive analysis of existing companies that can affect the market outlook throughout the forthcoming years. In addition to that, it provides an accurate assessment by highlighting data on multiple aspects that may contain growth drivers, opportunities, trends, and hindrances. It also represents the overall Medical Tourism market size from a global perspective by analysing historical data and qualitative insights.
Medical Tourism Market Covered In The Report:
The Medical Tourism Market size section provides market revenue, taking into account both the market's historical growth and future projections. The report also includes a variety of company profiles that are creating waves in their respective industries or have the potential to do so. Their profiles include the players' market sizes, significant product launches, strategies, and other information.
Major Key Players:
Asian Heart Association, Apollo Hospitals Enterprise Ltd., Prince Court Medical Centre, Gleneagles Hospitals, Min-Sheng General Hospital, Raffles Medical Group, Bangkok Hospital, Fortis Healthcare Ltd., Anadolu Medical Centre and Wooridul Spine Hospital.
Detailed Segmentation:
Global Medical Tourism Market, by Treatment Type:
. Cardiovascular
. Orthopedic
. Neurological
. Cancer
. Fertility
. Others
Research Methodology:
The research methodology employs a combination of primary and secondary studies as well as expert panel reviews. Press releases, yearly reports, and academic articles are examples of sources used for secondary research in the sector. Trade periodicals, official blogs, and business magazines are other sources. Porter's Five Factors analysis, which outlines the five forces in the global market is included in the study. The financial statements of all the major players are examined, together with their important trends, product benchmarking, and SWOT analysis, by analysts
All of the regional market segments is analysed and studied in the intelligence of the major regional spectrum of market reach in the market report. The study also provides a comprehensive overview of key insights, such as import, export, development, demand, and consumption
➟ North America (U.S. and Canada)
➟ Latin America (Brazil, Argentina, Colombia, etc.)
➟ Europe (Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe)
➟ Asia-Pacific (South Africa, North Africa, and Central Africa)
➟ The Middle East (GCC Countries, Israel, and Rest of Middle East)
➟ Africa (South Africa, North Africa, and Central Africa)
The major points covered in the table of contents:
Market Summary: It includes five chapters, details on the study's objectives, significant manufacturers covered, market segments, Medical Tourism market segments, and years taken into account.
Market Landscape: The competition in the global Medical Tourism market is assessed here in terms of price, turnover, revenues, and market share held by the organisation as well as market rate, competitive landscape, and most recent developments, transactions, growth, sales, and market positions of leading companies.
Companies Profiles: On the basis of sales, primary products, gross profit margin, revenue, price, and growing production, the top players in the worldwide Medical Tourism market are analysed.
Market Outlook by Region: The report covers gross margin, sales, income, supply, market share, CAGR, and market size by region. Among the regions and countries thoroughly examined in this study are North America, Latin America, Europe, Asia Pacific, Middle East and Africa.
Market Forecast: Production Side: The authors of this section of the report have concentrated on forecasting production and production value, forecasting key producers, and forecasting production and production value by type.
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Reasons to Purchase this Report
. Current and future of global Medical Tourism market outlook in the developed and emerging markets
. The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
. Regions/countries that are expected to witness the fastest growth rates during the forecast period
. The latest developments, market shares, and strategies that are employed by the major market players
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Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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