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: 532

More Releases from Future Market Insights

Ferrovanadium Market to Witness Robust Expansion throughout the Forecast 2018-20 …
Future Market Insights (FMI) analyses the global ferrovanadium market in its new publication titled “Ferrovanadium Market: Global Industry Analysis (2013 – 2017) & Opportunity Assessment (2018 – 2028)”. This study provides data for 2017 along with the forecast for the period (2018–2028). The main objective of the report is to identify the dynamics of the market and provide recent updates and insights pertaining to various segments of the global ferrovanadium
Automotive Lighting Market is expected to grow at a CAGR of ~6% during the forec …
In a recent publication, Future Market Insights (FMI) provides a perspective on the growth trajectory of automotive lighting market for the period between 2019 and 2029. According to the study, worldwide sales of automotive lighting reached ~2 billion units, equating a value of ~US$ 36.5 billion in 2018. Gains remain driven by growing popularity of luxury cars and high purchasing power of middle class demographic in developing countries that increased the
Motorcycle Suspension System Market Size, Share, Industry Analysis, Future Growt …
Future Market Insights has released a new market study on "Motorcycle Suspension System Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028", which studies the global Motorcycle Suspension System market and offers deep dive analysis for the next ten years. The report evaluates all the key macro-economic factors projected to support the growth of the global as well as regional markets. The report on Motorcycle Suspension System also presents the
Clinical Trials Market Survey Report 2021 Along with Statistics, Forecasts till …
The study offers a long-term forecast of the clinical trials landscape for the period between 2019 and 2029. The clinical trials landscape is projected to record a 4.5% CAGR through 2029. Collaboration at Its Peak: Key Strategy of Manufacturers in Clinical Trials Market For reducing economic burden, many companies are planning to shift their focus towards on-core business activities, thereby outsourcing their clinical trials activities to the CROs (contract research organizations). This

All 5 Releases

More Releases for Medical

Medical Tourism Business
Medical Tourism businesses are experiencing sudden whoop in the industry. It is because of the availability of great procedures, technologies, infrastructure, and medicines required. It is projected that the Medical Tourism sector will progress to $8.2-9 Billion by 2025. In the market data, it clearly shows, the demand for healthcare services is rapidly growing, and it is potential for the business to enter the market. As the modern trends, awareness,
Medical Defibrillator(Monophasic)
Asynchronizer:External defibrillator Charging time:At 360J less than 10 sec Paddle configuration:Reusable extermal adult and pediatric paddles Operates from the mains (AC) and with its intemal Lead-acid battery Jiangsu Medwish Network Technology Co., Ltd. is located in Jiangsu, China. It is in a beautiful, clean and convenient environment. We are a professional manufacturer engaged in the research, development, production, sales and export of medical equipment. At the same time, we have a professional foreign
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The
Global Tracheostomy Tube (Tracheotomy Tube) Market 2018 - Medtronic, Teleflex Me …
The Global Tracheostomy Tube (Tracheotomy Tube) Industry 2018 Market Research Report is a professional and in-depth study on the current state of the Tracheostomy Tube (Tracheotomy Tube) industry. Firstly, Tracheostomy Tube (Tracheotomy Tube) Market report provides a basic overview of the Tracheostomy Tube (Tracheotomy Tube) industry including definitions, classifications, applications and Tracheostomy Tube (Tracheotomy Tube) industry chain structure. Global Tracheostomy Tube (Tracheotomy Tube) Market analysis is provided for the international market
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