Press release
Outbound Medical Tourism Services Market to See Huge Demand by 2030: MednHTF MIste, Christus Muguerza Hospital, WorldMed Assist
Outbound Medical Tourism Services Market
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Summary
Outbound Medical Tourism Services Market Scope
Outbound Medical Tourism Services is defined as cross-border mobility with the goal of obtaining medical treatment in some form or another, depending on treatment availability in the traveler's home country. Travelers in this type of tourism are people who prefer to travel to different regions to receive treatment for any disease, ailment, or to undergo cosmetic surgery.
Attributes Details
Study Period 2017-2027
Base Year 2021
Unit Value (USD Million)
The key players in the market such as Apollo Hospital Enterprise Limited, T Global Medical Tourism Inc., Christus Muguerza Hospital MednHTF MIste, KPJ Healthcare Berhad, Bumrungrad International Hospital, and World Med Assist are some of the major players in the global outbound medical tourism services market. Some of these medical centres are implementing strategies such as medical insurance provision and simple financing schemes to attract outbound medical tourism patients. Research Analyst at HTF MI estimates that Indians Players will contribute to the maximum growth of Global Outbound Medical Tourism Services market throughout the predicted period.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Outbound Medical Tourism Services market , by Application (Adult and Children) and Region with country level break-up.
On the basis of geography, the market of Outbound Medical Tourism Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2021.
Market Leaders and their expansionary development strategies
On 8th October 2021, Agarwals Eye Hospitals has announced a merger with city-based Aditya Jyot Eye Hospital, as well as plans to invest Rs 300 crore in Maharashtra over the next two years to expand its network. The merger with Aditya Jyot, a facility that has been in operation for over three decades, will bring Agarwals total network to 100 hospitals.
On 2021, The Indian government launched a medical tourism portal to provide patients with access to their network of healthcare facilities and a list of medical services available in the country. This allows patients schedule appointments with healthcare providers and even book for other services including accommodation and recreational activities before their arrival.
There are no regulations to govern MVT sector, which leaves the sector unorganized and lack of monitoring the quality of services by the Stakeholders such as MVT facilitators and Service Providers. There is need for greater support from the Government towards regulation, facilitation and marketing India as Medical Value Travel destination.
Market Trend
Increasing Preference for Aesthetics Outbound Medical Tourism Services
Opportunities
Widespread Hospital Network under Insurance Coverage for Cashless Transactions
Restraints
Problems Associated With Travel, Availability, Language Barriers, Documentation, & VISA Approval Issues
Restricted Coverage & Lengthy Fractional Reimbursement by Payers
Challenges
Ethical Concerns for Outbound Medical Tourism Services
Key Target Audience
New Entrants/Investors, Medical Service Providers, Research Organizations and Universities, Hospitals, Consulting Companies, Investors and Venture Capitalists, Government Bodies and End Users
View Detailed Table of Content @ https://www.htfmarketreport.com/reports/4151353-global-outbound-medical-tourism-services-market-20
Frequently Asked Questions (FAQ):
1. What are the key segments playing vital role in Outbound Medical Tourism Services Market?
The Outbound Medical Tourism Services study can be customized to meet your requirements. The market size breakdown by type [], by end use application [Adult and Children].
2. How big is the Outbound Medical Tourism Services Market?
The Outbound Medical Tourism Services Market is gaining popularity and expected to see strong valuation by 2027.
3. What are the key driving factors for the growth of the Outbound Medical Tourism Services Market?
Availability As Well As Affordable Of Quality Care
Accessible Information & Care
Assistance & Support from Government Agencies & Associations
Strategic Points Covered in Table of Content of Global Outbound Medical Tourism Services Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Outbound Medical Tourism Services Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027market. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary - the ba
....Continued
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About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to enable businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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