Global health tourism market To Register Outstanding Growth By 2025 | Fortis Healthcare, Seoul National University Hospital, UZ Leuven
The Health tourism market report is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. This market research report is a proven source of information which offers a telescopic view of the current market trends, situations, opportunities and status. This market research report is a meticulous investigation of current scenario of the market, which covers several market dynamics. This market report also performs the systematic, objective and exhaustive study of the facts related to any subject in the field of marketing. Leading Players of Global Health tourism Market are Fortis Healthcare, Seoul National University Hospital, UZ Leuven, Prince Court Medical Centre, Barbados Fertility Centre, and so on.
Growing geriatric population and spiraling demand for low cost medical procedures with high-quality service are some of the key trends stimulating market growth. Health tourism can be characterized as movement crosswise over universal fringes with the reason for benefiting medicinal treatment of some shape, which could conceivably be accessible in the explorers’ nation of origin. This treatment may incorporate a wide exhibit of therapeutic administrations; be that as it may, the most as often as possible benefited administrations incorporate malignancy treatment, orthopedic treatment, neurological ailment treatment, elective medical procedure, ripeness treatment, and others.
The global health tourism market was valued at USD 64,000.0 million in 2017, and is registering a CAGR of 15.4% by the end of 2025.
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Rising aging population in the U.S. is one of the key reasons for the growth of health tourism which is leading to growth in demand for health tourism market in North America.
North America accounted for the highest market share due to recent joint commission international (JCI) accreditations to hospitals (JCI accreditation is considered the gold standard in global health care), which makes it a preferred choice for medical tourists. Moreover, advanced specialized treatments for cancer, neurological, and cardiovascular ailments also contributes toward the market growth. Asia-Pacific possesses the highest market potential due to the availability of good quality care at a cost less than 70% of the cost of services in North America In addition, significant investments by government to improve healthcare infrastructure also contributes toward the growth of this market.
Key Players
Leading Players of Global Health tourism Market are Fortis Healthcare, Seoul National University Hospital, UZ Leuven, Prince Court Medical Centre, Barbados Fertility Centre, Apollo Hospitals, KPJ Healthcare Bhd, Nippon Telegraph and Telephone, Apollo Hospitals, KPJ Healthcare Bhd, SAMITIVEJ PUBLIC COMPANY LIMITED, Gleneagles Hospital, Singapore, Min-Sheng General Hospital, Raffles Medical Group, Clemenceau Medical Center, Bangkok Hospital, Wooridul Spine Hospital, Anadolu Medical Center, Asklepios, Mount Elizabeth Hospitals, Singapore and others.
Key Market Segmentation of Health tourism
By type of treatment
Cardiovascular treatment,
Orthopedic treatment,
Dental treatment fertility treatment,
Cosmetic treatment,
Neurological treatment,
Cancer treatment
On the basis of geography,
North America & South America,
Europe,
Asia-Pacific, and
Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Competitive Analysis
The global health tourism market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of health tourism market for global, Europe, North America, Asia Pacific and South America.
Major Highlights of TOC:
Chapter One: Health tourism Industry Overview
1.1 Health tourism Industry
1.1.1 Overview
1.1.2 Products of Major Companies
1.2 Health tourism Segment
1.2.1 Industry Chain
1.2.2 Consumer Distribution
1.3 Price & Cost Overview
Chapter Two: Health tourism Demand
2.1 Segment Overview
2.1.1 APPLICATION 1
2.1.2 APPLICATION 2…Continue
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