openPR Logo
Press release

Medical Tourism Market to Reach US$160.8 bn by 2025-End

12-05-2018 04:12 PM CET | Health & Medicine

Press release from: Transparency Market Research

The global medical tourism market is flourishing and looks promising with players trying to offer better facilities and treatment. They are seen focusing on offering a range of treatments for various maladies and are investing large amounts to that end. They are also seen buying latest, sophisticated medical equipment. Some of the key names operating in the global medical tourism market are Asklepios Kliniken GmbH, Mount Elizabeth Hospital, Bumrungrad International Hospital, KPJ Healthcare Berhad, and Apollo Hospitals Enterprise Limited.

View Report -
https://www.transparencymarketresearch.com/medical-tourism.html

As per a report by Transparency Market Research, the global medical tourism market is predicted to rise at a robust 14.9% CAGR over the course of the forecast duration which begins in 2017 and ends in 2025. Rising at this pace, the market which was valued at US$46.46 bn in 2016 is likely to become worth US$160.8 bn by the end of 2025.

The different types of medical treatments in the global medical tourism market are dentistry, cosmetic surgery, orthopedic surgery, cardiology, oncology, neurology, and others. Currently, the orthopedic treatment segment is generating most of the revenue for the market. This is mainly because of the increasing sporting events and the rising instances of sports injury all over the world. In fact, hundreds of thousands of orthopedic surgeries are carried out by expert medical professionals in various countries in the global medical tourism market. From a geographical standpoint, Asia Pacific spells maximum potential in the global medical tourism market. Owing to the low cost of treatment, medical tourists are seen flocking to the region.

Request a PDF Sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=900

Mainly fuelling the global medical tourism market is the rising cost of treatment in the advanced western nations. Though they boast of state-of-the-art facilities, the high cost is often a deterrent for patients, especially for ailments not covered by insurance. This has often egged patients to seek treatment in low cost nations. Another factor providing a solid boost to the global medical tourism market is the absence of skilled medical professionals in many nations. This forces them to travel to other nations, especially in Latin America and Asian nations such as Mexico, Cosat Rica, Japan, India, Singapore, Thailand, and Japan. Realizing the opportunity, these nations are also pulling out all stops to provide skilled professional and modern facilities at relatively affordable prices.

Government support to the healthcare industry in developing nations is also serving to boost the medical tourism industry. Adds the lead analyst of our report, “Governments in developing countries are keen on revamping the medical facilities in order in order to reap a windfall from the surging popularity of medical tourism.” So much so, many patients are now travelling for the sake of regular checkups.

While orthopedic treatments are generating most of the demand in the global medical tourism market at present, the segment of dentistry is also showing a lot of promise.

Request to View Brochure of Report -
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=900

About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Medical Tourism Market to Reach US$160.8 bn by 2025-End here

News-ID: 1419696 • Views: 131

More Releases from Transparency Market Research

Voltage Detectors Market – Evolving Technology Trends and Industry SWOT Analys …
The global voltage detectors market includes large number of players. Some of the key players are Texas Instruments, Toshiba, ROHM Semiconductor Sharp Microelectronics, Analog Devices Inc., STMicroelectronics, ON Semiconductor, Torex Semiconductor, Taiwan Semiconductor and Seiko Instruments. Browse Our Report @ https://www.transparencymarketresearch.com/voltage-detectors-market.html Voltage Detector is a testing equipment generally used to determine the existence or absence of an electrical charge in an object. It is highly suggested for conditions where power issues exist.
Switched Capacitor Filters Market : Key Segments, Maket Insights, Regional Outlo …
Major players in the global switched capacitor filters market are Texas Instruments Incorporated, Analog Devices, Inc., Maxim Integrated, Inc., Siemens AG, Eaton Corporation, and among others. Browse Our Report @ https://www.transparencymarketresearch.com/switched-capacitor-filters-market.html A switched capacitor filter is an active filter based on the consideration that a switching of capacitors between two circuit nodes at an adequately high rate that is equivalent to a resistor connecting these two nodes. The switched capacitor filters are
Current Calibrator Market : Recent Industry Developments And Growth Strategies A …
Key players operating in the global current calibrator market include Valhalla Scientific, Rotek Inc., Time Electronics, PCE Instruments, Martel Electronics, AOIP Instrumentation, Extech Instruments, Yogokawa Test & Measurement Corporation, Extech Instruments, REED Instruments, Fluke Corporation, and others. These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the
Damp Meter Market – Outlook by Responsible Drivers, Restraints, Demand
Key players operating in the global damp meter market include PCE Instrument, Delmhorst Instrument Co., GENERAL TOOLS & INSTRUMENTS LLC, FLIR Systems, Inc. designs, Panomex Inc., These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the global market are collaborations, partnerships, agreements, and new product launches. The

All 5 Releases


More Releases for Hospital

Hospital-based EMR Market
Electronic medical record (EMR) is a digital version of a paper chart, which contains a patient's medical history. This system is designed to share information with other healthcare providers such as laboratories and specialists. It helps to reduce operational cost such as transcription services and overtime labor expenses. Get Sample PDF of Report@ https://www.alliedmarketresearch.com/request-toc-and-sample/3219 Increase in demand for advanced health monitoring systems drives the growth of the market. In addition, rise in
Hospital Logistics Robots Market 2018
Hospital logistics robots comprise autonomous guided vehicles (AGVs) and mobile robot platforms. These are used for managing the flow of goods such as laboratory samples, food, pharmaceuticals, environmental waste, and laundry inside hospital premises. Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-hospital-logistics-robots-2018-2023-863 This report focuses on the Hospital Logistics Robots in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based
Hospital Privacy Screens
Business NEWS 2018 : Hospital Privacy screens are designed to provide privacy and protection and create more pleasant environment for patients in private clinics, hospitals, nursing homes, and specialty care centers. It is one of the best alternatives to the curtains, which is the source of infection that cannot be cleaned regularly, as its hard surface can be wiped and disinfected regularly, thus eliminating the need to remove, launder, and
Lotus Eye Care Hospital
Lotus Eye Care Hospital Lotus Eye Care Hospital- Company Profile & Financial Analysis” contains in depth information and data about the company and its operations. You will find information on the business structure, areas of operation, products and services offered by the company. It also comprises SWOT analysis, key ratios, historical financial data and insider’s view on financial stability and industrial ranking with financial forecasts for two- year period. This report is
Neuromed hospital grows
Mitsubishi Electric Hydronics & IT Cooling Systems, with its brand Climaveneta, provided air conditioning units to the new clinic belonging to Neuromed Institute in Italy, after having successfully supplied other units to the same hospital in the past years. Five years after laying the first stone, the new clinic of the Neurology Institute was inaugurated on October 27th. The Hospital boasts a high degree of specialization in Neurosurgery, Neurology, and all
The Hospital undergoing surgery
Gustavo Frickle Hospital is a new 92,000 sqm building in Viña del mar, Chile. This modern 11-storey structure with 554 rooms, clinical wards and an heliport, will be inaugurated in March 2017. Providing patients and medical personnel with ideal temperature and humidity conditions as well as huge amount of sanitary hot water, achieving these with reduced acoustic emissions and highest efficiency, are the key challenges for the HVAC system of the