openPR Logo
Press release

Outbound Medical Tourism: Industry Overview & Analysis

03-30-2017 07:52 AM CET | Tourism, Cars, Traffic

Press release from: Future Market Insights

Medical tourism is defined as a mobility across international boundaries with the aim to avail medical conduct in some or the other form, depending upon treatment availability in the travellers' home-based country. In this type of tourism, travellers are the people who prefer travelling to different regions to receive service for the treatment of any diseases, an ailment or to undergo any cosmetic surgery. These people are the one who seek high-quality medical services from the experts. This medical conduct includes a wide range of medical treatments such as cosmetic surgery treatment, weight loss treatment, dental treatment, fertility treatment, cardiovascular treatment, cancer treatment and orthopaedic treatment among others. However, the most commonly availed treatments for patients that makes most outbound medical tours includes treatment for cosmetic surgery, dental care, as well as fertility treatment. The main advantage of outbound medical tourism travellers receive is treatment and traveling together. Broadly, there are two kind of patients who practice outbound medical tours – patients requiring critical and less critical but necessary treatment. Key destinations for medical tourism are countries such as India, Thailand, South Korea, UK, Mexico, Barbados, Brazil, Malaysia, Japan, Costa Rica, Hong Kong, Singapore, Israel, South Africa, Iran, France, Turkey, and Germany among others. Most of these countries offer specified treatment for particular medical illnesses. For example, Barbados region is famous for fertility treatment whereas Singapore is well known for cancer treatment and stem cell treatment.

Request For Report Sample:

Outbound Medical Tourism Industry: Drivers

Growth in per capita income and rising awareness about fitness and wellbeing are boosting the demand for outbound medical tourism all over the globe. Majorly, outbound medical tourism is done for cosmetic, dental and weight loss and critical treatments for diseases such as cancer and other heart-related ailments. The primary reason which makes patients cross borders is to get best treatment service for their illness from the experts. The other main factors that motive patients to travel are immediate treatment availability, affordability of medical facilities, and non-availability or low-quality treatment and less skilled service providers in their home country.

Outbound Medical Tourism Industry: Opportunities and Trends

Travel and tourism market is prospering, and travellers prefer the ‘travel with purpose’ concept. This concept is prominent among developed regions whereas there are many untapped regions which are emerging as an opportunity for outbound medical tourism. Moreover, the global population is becoming beauty conscious and do not hesitate in investing on their looks. Till now, outbound medical tourism was considered as a habit of the rich but now mind-set of tourists is shifting. Many treatment centres have come up with a variety of options as well as discounts and easy payment options; this comes up as an opportunity to an extent. From the business point of view, the trend among the treatment centres for collaborating and referring each other’s businesses is hugely practiced. Other prominent trends include a visit of the experts or surgeons to the collaborated hospitals for providing treatment to critical patients.

Request For TOC:

Outbound Medical Tourism Industry: Restraints

Although demand in the outbound medical tourism industry is seen significantly, factors such as unclear information about treatment centres, the tours being expensive, and safety issues of the tourists hinder industry growth to an extent. Key factor includes economic factors as some of the treatments are expensive and demand tremendous reliability. In a broad way, medical issues, financial issues, administrative or practical issues, and hesitation from traveling hinders the outbound medical tourism industry to a significant extent.

Outbound Medical Tourism Industry: Options

Some of the major projects of the global outbound medical tourism industry include T Global Medical Tourism Inc., Apollo Hospital Enterprise Limited, Mednamaste, Bumrungrad International Hospital, KPJ Healthcare Berhad, WorldMed Assist, Christus Muguerza Hospital and much more. Some of the abovementioned medical centres are adopting strategies such as medical insurance provision and easy financing schemes; this attracts their outbound medical tourism patients.

Browse Full Report:

This comprehensive report equips readers with lucid information and analysis on the sector. Future Market Insights’ experienced travel and tourism analysts bring to you accurate and unbiased information to help you make crucial decisions with confidence.

The report offers a 360° view – bringing to the fore key drivers, restraints, opportunities, and challenges prevailing in the sector. To offer readers actionable insights, detailed information on historical trends, current scenario, and future projections is provided in the report.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

This release was published on openPR.

Permanent link to this press release:

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 Outbound Medical Tourism: Industry Overview & Analysis here

News-ID: 486313 • Views: 515

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases

More Releases for Medical

ECG Analysis System Market Analysis & Forecast 2019| GE Medical, Medical Econet, …
The report presented here is a comprehensive research study that explores key aspects of the global ECG Analysis System market, including market dynamics, segmentation, competition, and regional growth. Each section of the report reveals critical information about the global ECG Analysis System market that could be used to ensure strong growth in the coming years. All of the segments included in the report are studied on the basis of different
Global Medical Imaging Market
Global Medical Imaging Market –Industry Analysis and Forecast (2017-2024) _by Product (Ultrasound imaging equipment, X-ray equipment, MRI equipment, Nuclear imaging equipment, CT scanners, Elastography, Thermography and Mammography), by Equipment Size (Large/stationary and small/portable), by End User (Hospitals, Diagnostic centers, Clinics, Research centers and others), by Application and by Geography Global Medical Imaging Market was valued US$ 70.75 Mn in 2017 and is expected to reach US$ 150.3 Mn by 2026 at
Sydney CBD Medical Centre
Our mission is to provide the highest standard care to you and your family. We are committed to promote well being and disease prevention. We pride ourselves on our services and our doctors are continually pursuing excellence in medicine and surgery through their work and study. This is a fully accredited medical centre under the standards set by the Royal Australian College of General Practitioners and also NSW Health Dept
Gordon Family Medical Practice
Gordon Family Medical Practice's mission is to provide the highest standard care to you and your family. We are committed to promote well being and disease prevention. We pride ourselves on our services and our doctors are continually pursuing excellence in medicine and surgery through their work and study. Gordon Family Medical Practice's mission is to provide the highest standard care to you and your family. We are committed to promote
Medical Power Market Medical Power Market
This report studies Medical Power in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Request for discount @ This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Astrodyne TDI (US) CUI Inc. (US) Delta Electronic, Inc (TW) Excelsys
Medical Ventilators – Medical Devices Pipeline Assessment, 2017
ReportBazzar has released its latest research-based report entitled ‘Medical Ventilators’ market. This report provides a holistic approach to the market growth with a detailed and precise analysis of the overall competitive scenario of the Medical Ventilators market. The report also provides a detailed analysis of key trends and latest technologies, playing a prominent role in the Medical Ventilators market growth. It takes into account aspects such as drivers, restraints, challenges, and