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New Research Focusing on 'Medical Tourism Market' with Regional Outlook to 2026 – Leading Players: KPJ Healthcare Berhad, Raffles Medical Group, Apollo Hospitals Enterprise Limited, Prince Court Medical Center

11-17-2018 10:14 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Medical Tourism Market

Medical Tourism Market

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.

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.

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Medical Tourism Market is anticipated to reach over USD 31.21 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the orthopedic treatment dominated the market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue in 2017.

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
• 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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https://www.polarismarketresearch.com/industry-analysis/medical-tourism-market/inquire-before-buying

Growth Analysis: -

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.

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 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.

Partial TOC of Medical Tourism Market: -

1. Industry snapshot
2. Ecosystem analysis
3. Market Dynamics
4. Industry analysis - Porter's five force
5. Degree of competition
6. Market PEST Analysis, 2017
7. Market Value Chain Analysis
8. Industry Trends
9. Competitive Ranking Analysis

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 serve our diverse customer base 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.

Contact Us:
Mr. Neel
Corporate Sales, USA
Polaris Market Research and Consulting
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com

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