Press release
Medical Tourism Market is Growing Rapidly 2019 | Key Players Fortis Healthcare, Manipal Hospitals, Max Healthcare, Narayana Health, Raffles Medical Group
Medical Tourism Market
Availability of high-quality medical treatment procedures in developing countries is the one of the major factors driving medical tourism market. For instance, success rate of open heart surgery in India in around 98%, that is the highest in whole of Asia Pacific region. Also, rising focus of major public and private hospitals towards offering medical treatments of quality similar to those in developed nations such as U.S. and UK will spur medical tourism market growth.
Cosmetics surgery market accounted for largest revenue of USD 2,863.1 million in 2017. Number of people opting for cosmetic surgeries is increasing annually. This is attributable to rising influence of aesthetics among people. Also, with increasing geriatric population, the demand for face lift surgeries and hair restoration procedures will increase across the forecast timeframe.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Fortis Healthcare
2. Manipal Hospitals
3. Max Healthcare
4. Narayana Health
5. Bumrungrad International Hospital
6. Raffles Medical Group
7. Apollo Hospitals Enterprise Limited
8. Mount Elizabeth Hospitals
9. KPJ Healthcare Berhad
Canada medical tourism market will grow at 7.2% CAGR, owing to availability of cutting-edge and advanced medical treatments to patients. According to Medical Tourism Index, in 2016, Canada stood first among the top 5 destinations for seeking medical care. Canada healthcare system provides one of the highest quality of medical treatments across the globe. The overall Canadian environment, high quality of facilities and services offered are the major reasons for attracting medical tourists from the world. Well-established healthcare infrastructure and availability of rare medical treatments will drive medical tourism market growth in the future.
Singapore medical tourism market occupied a significant share of 35.0% in 2017 owing to presence of highly skilled healthcare personnel and more than 20 internationally-accredited hospitals and specialty centers in the country. According to The Economist Intelligence Unit (EIU), in 2014, Singapore ranked 2nd worldwide for healthcare outcomes and efficient healthcare system. Well-established medical infrastructure and stable political environment are major factors propelling medical tourism market growth.
Some of the prominent players involved in medical tourism market are Apollo Hospitals Enterprise Limited, Asklepios Kliniken GmbH & Co. KGaA, Fortis Healthcare Limited and Bumrungrad International Hospital. These firms adopt strategic initiatives including opening of new establishments, mergers and acquisitions, and geographical expansion. For instance, in October 2018, Apollo Cradle, Hyderabad announced launch of pediatric intensive care unit (PICU). This unit will be able to offer intensive care to critically ill children and round-the-clock care for special cases. This strategy will deliver new value for customers eventually increasing company’s brand image.
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Medical tourism market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2013 to 2024, for the following segments:
Medical Tourism Market, by Application
o Cardiovascular Surgery
o Cosmetic Surgery
o Hair Transplant
o Breast Augmentation
o Dental Surgery
o Orthopedic Surgery
o Bariatric surgery
o Fertility Treatment
o Oncology Treatment
o Others
The above information is provided for the following regions and countries:
• North America
• U.S.
• Canada
• Europe
• Germany
• France
• Spain
• Italy
• Turkey
• Poland
• Asia Pacific
• India
• Thailand
• Singapore
• Malaysia
• Latin America
• Mexico
• Colombia
• Costa Rica
• Middle East & Africa
• UAE
• South Africa
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com/
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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