An analysis of medical tourism industry, trends, growth factors for 2022

Published on : Friday, September 16, 2016

medical-tourismAccording to Market Report World, medical tourism is a booming industry where travelers tour across countries to avail of low cost or specialized medical treatment, which might not be available in their home country.

 

The world medical tourism market has been categorized by the report with regard to treatment type into cardiovascular, orthopedic, neurological, cancer, fertility, and other general treatments and also in terms of revenue and number of tourists availing such treatment. To combat high cost of medical treatment and get affordable and quality care, medical tourism is a great option with competitive market.

 
Some of the key service providers in medical tourism as established by the report include Apollo Hospitals Enterprise Limited, Fortis Healthcare Ltd., Asian Heart Institute and Research Centre Private Limited, KPJ Healthcare Berhad, Barbados Fertility Centre, NTT Medical Center Tokyo, Seoul National University Hospital, UZ Leuven (University Hospitals Leuven), Infectious Diseases Partners Pte. Ltd., Aditya Birla Memorial Hospital, Prince Court Medical Centre and Samitivej Public Company Limited.

 
This list is based on their recent progress, finance, pioneering strategies and SWOT analysis.

 
The world medical tourism market is segmented according to regions like North America, Europe, Asia-Pacific and LAMEA with Mexico being the prime medical tourism destination. This is due to their quality treatment within affordable price. Within 2022, medical tourism is expected to grow extensively in Asia-Pacific, especially in India, Thailand, Singapore and Malaysia. The report provides in-depth study of current and promising trends in global medical tourism market, treatment type, number of medical tourists and research on key regions.

 

 

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