Medical Tourism Market 2019| Business Scope for Forecast period 2025

Mexico medical tourism market accounted for revenue of USD 2.4 billion in 2018, owing to availability of high-quality and efficient medical treatment at significantly lower cost as compared to other developed nations. Also, the Mexican government have invested a large proportion of their GDP towards improvement of healthcare infrastructure to improve the healthcare infrastructure. Increasing number of people suffering from various chronic diseases, rising demand for advanced treatment coupled with need for cost-effective procedure will drive Mexico medical tourism market.

Medical Tourism market report is an all-inclusive document, compiled and designed to provide best-in-class research, insightful analysis and accurate quantitative data. The coverage of this research is the most extensive when compared to other similar studies available on Medical Tourism market. The industry ecosystem information presented in this report is next-to-none and aims to address all stakeholders of the industry, irrespective of their size and business function. Details of segmentation and cross reporting structure, wherever feasible, makes this Medical Tourism market research one of its kind to offer the most in-depth, readily available data.

Medical Tourism Market size is set to reach USD 29 billion by 2024; according to a new research report by Global Market Insights.

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Growing compliance to international standards for medical treatments in developing countries will spur growth of medical tourism market in upcoming years. According to a study published by Fraser Institute, around 63 thousand Canadian citizens traveled abroad for availing medical treatments. Major reason for seeking medical treatment abroad was increasing compliance of medical treatments with international standards. Currently, there are more than 450 Joint Commission International (JCI) accredited hospitals around the world. This will lead to increasing inclination of patients towards medical treatments in foreign countries.

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.

Medical Tourism market report is an all-inclusive document, compiled and designed to provide best-in-class research, insightful analysis and accurate quantitative data. The coverage of this research is the most extensive when compared to other similar studies available on Medical Tourism market. The industry ecosystem information presented in this report is next-to-none and aims to address all stakeholders of the industry, irrespective of their size and business function. Details of segmentation and cross reporting structure, wherever feasible, makes this Medical Tourism market research one of its kind to offer the most in-depth, readily available data.

Trends, analysis, SWOT and regional coverage that is available in Medical Tourism industry report offers market intelligence that help readers in strategic choices that business demands. Moreover, this research can be tweaked to cover specific requirements of a client or completely customized for a particular company.

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Report Content
Chapter 1. Methodology
1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Medical tourism market industry 3600 synopsis, 2014 - 2025
2.1.1. Business trends
2.1.2. Application trends
2.1.3. Regional trends
Chapter 3. Medical Tourism Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 - 2025
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Low cost of medical treatment in developing countries
3.3.1.2. Rising awareness about medical tourism among patients
3.3.1.3. Availability of high-quality medical treatment in developing countries
3.3.1.4. Growing compliance towards international standard for surgical procedures
3.3.1.5. Ease and affordability of international travel
3.3.1.6. Various government policies to ease medical travel
3.3.2. Industry pitfalls & challenges
3.3.2.1. Long wait times for certain medical procedure
3.3.2.2. Issue with patient follow-up and post-surgery complications
3.4. Growth potential analysis
3.4.1. By application
3.5. Porter's analysis
3.6. Competitive landscape, 2017
3.6.1. Strategy dashboard
3.7. PESTEL analysis

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The data in this Medical Tourism market research is collated via multiple channels including but not limited to primary and secondary sources, databases, business specific references and others. The study aims to offer not only commercial data but also includes analysis of important factors, technical as well as market-oriented insights. Players in the Medical Tourism market including established companies, new entrants and everyone in between this industry chain covering suppliers, experts, manufacturers, service providers, traders, distributors, consumers / clients and others may find value in this research.

More insightful Info: https://www.marketwatch.com/press-release/30-bn-by-2025global-medical-tourism-market-size-set-for-massive-growth-2019-09-18

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