Medical tourism refers to the travel of people to another country for the purpose of obtaining medical treatment in that country. In the recent past, people to travel from developed countries to developing countries (Brazil, India, Malaysia, Mexico, Singapore, South Korea, Taiwan, Thailand, Turkey, etc.) for medical treatments due to cost consideration, and legal or regulatory constraints in their home country. Increasing healthcare costs in developed countries, availability of high quality medical services at lower prices in developing nations has primarily surged the expansion of the medical tourism industry. Moreover, rise in elderly population along with growing number of uninsured population has further boosted the growth of medical tourism services market. Many countries plan to leverage medical tourism as a strategy to drive their healthcare services and tourism industry.
The global medical tourism services market report estimates the market size (Revenue US$ million – 2014 to 2021) and composition of this market on based on services provided by major developing countries (Brazil, India, Malaysia, Mexico, Singapore, South Korea, Taiwan, Thailand, and Turkey), surgery (cardiovascular, neurological, oncology, orthopedic, others) and forecasts growth trends (CAGR% – 2017 to 2021).
The global medical tourism services market report also provides the detailed market landscape, market drivers, restraints, opportunities), market attractiveness analysis and profiles of major competitors in the global market including company overview, financial snapshot, key products, technologies and services offered, and recent developments.
Major hospitals operating in the global medical tourism services market and included in this report are Apollo Hospitals Enterprise Limited, Asian Heart Institute, Bangkok Hospital Medical Center, Bumrungrad International Hospital, Fortis Healthcare Ltd., KPJ Healthcare Berhad, Min-Sheng General Hospital, Prince Court Medical Center, Raffles Medical Group, and Samitivej Sukhumvit.