Medical Tourism Market projecting its value to reach US$ 65.66 billion by 2029

Medical Tourism Market Report Scope and Research Methodology

The report offers a comprehensive scope that includes an in-depth analysis of the Medical Tourism Market dynamics, competitive benchmarking, past and current industry status, and forecasted market size and trends. Utilizing advanced research methodologies, the report evaluates potential key players, technology trends, and the impact of micro-economic factors on the market. It also delves into the external and internal factors influencing the market.

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Medical Tourism Market Dynamics:

The growth of the medical tourism market is fueled by factors such as easy and cost-effective foreign travel, access to superior healthcare, availability of new drugs, and enhanced hospitality. Inadequate insurance coverage, coupled with a lack of healthcare insurance in certain markets, contributes to market expansion. Gender reassignment treatments, fertility therapy, dental reconstruction, and aesthetic surgery further propel the market, along with the availability of cutting-edge medical technology in global medical tourism centers.

Market growth faces challenges due to long travel distances, language barriers, and safety concerns. Healing issues, infections, and post-surgery pain in foreign countries present additional hurdles to the global medical tourism market's growth.

Medical Tourism Market Regional Insights:

North America: The medical tourism market in North America is poised for significant expansion during the forecast period. The United States, with a 62% market share in 2022, leads the region, driven by advanced neurological, cancer, and cardiac therapies. Inbound medical tourism to the U.S. is also on the rise.
Europe: Germany, spending 11.2% of its GDP on healthcare, emerges as a popular destination for medical tourists due to its advanced wellness industry and ethical standards. The United Kingdom, with a 25% share, is projected to grow at a CAGR of over 8%, driven by affordable air travel and Internet-based marketing efforts.
East Asia: China dominated the East Asian market in 2022, with a 38.71% share, and is expected to grow at a CAGR of 10.6%. Leading hospitals integrate traditional Chinese medicine and advanced Western treatment, attracting international visitors.

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Medical Tourism Market Segmentation:

by Treatment type

Cardiovascular treatment
Cancer treatment
Cosmetic treatment
Neurological treatment
Orthopedic treatment
Fertility treatment
Other general treatments

by End User

Food
Diagnostics
Research Laboratories
Point Of Care testing
Others

by Service Provider

Public
Private

by Type

Domestic
International

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Medical Tourism Market Key Players:

1. Fortis Hospital
2. Gleneagles Hospital
3. Asklepios Klink Barmbek
4. Wooridul Spine Hospital
5. Prince Court Medical centre
6. Anadolu Medical Centre
7. Clemenceau Medical centre
8. Raffles Medical Group
9. Bumrungrad International Hospital
10. Bangkok Hospital Medical Center
11. Asian Heart Institute
12. KPJ Healthcare Berhad
13. Samitivej Sukhumvit
14. Apollo Hospitals Enterprise Limited
15. Min-Sheng General Hospital.
16. Fortis Hospitals
17. KTQ International
18. SafeCare
19. Asian Heart Institute
20. KPJ Healthcare Berhad

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Table of content for the Medical Tourism Market includes:

1.Global Medical Tourism Market: Research Methodology

2.Global Medical Tourism Market: Executive Summary
• Market Overview and Definitions
● Introduction to the Global Market
● Summary
● Key Findings
● Recommendations for Investors
● Recommendations for Market Leaders
● Recommendations for New Market Entry

3.Global Medical Tourism Market: Competitive Analysis
• MMR Competition Matrix
● Market Structure by region
● Competitive Benchmarking of Key Players
● Consolidation in the Market
● M&A by region
● Key Developments by Companies
● Market Drivers
● Market Restraints
● Market Opportunities
● Market Challenges
● Market Dynamics
● PORTERS Five Forces Analysis
● PESTLE
● Regulatory Landscape by region
● North America
● Europe
● Asia Pacific
● Middle East and Africa
● South America
● COVID-19 Impact

4.Company Profile: Key players
• Company Overview
● Financial Overview
● Global Presence
● Capacity Portfolio
● Business Strategy
● Recent Developments

Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
● Past Pricing and price curve by region (2022 to 2029)
● Market Size, Share, Size and Forecast by different segment | 2022-2029
● Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
● Market Segmentation - A detailed analysis by growth and trend
● Competitive Landscape - Profiles of selected key players by region from a strategic perspective
● Competitive landscape - Market Leaders, Market Followers, Regional player
● Competitive benchmarking of key players by region
● PESTLE Analysis
● PORTER's analysis
● Value chain and supply chain analysis
● Legal Aspects of business by region
● Lucrative business opportunities with SWOT analysis
● Recommendations

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About Maximize Market Research:

Maximize Market Research is a multidisciplinary market research and consulting company staffed by professionals from various industries. Its coverage spans medical devices, pharmaceutical manufacturing, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemical products, general merchandise, beverages, personal care, and automation systems. The company provides industry-verified market estimations, technical trend analysis, essential market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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