Global Health tourism Market To See Excellent Growth (CAGR of 15.4%) By 2025 | Fortis Healthcare, Seoul National University Hospital, UZ Leuven
To stay ahead in the competition, this Health tourism market research report has a lot to offer to your organization. This report has strategically analyzed market research analysis and perceptive business insights into the relevant markets of clients. This market report provides a thorough synopsis on the study of market and how it is changing or affecting the healthcare industry. The report also includes a comprehensive evaluation of the market’s growth prospects and restrictions. To formulate this Health tourism report, marketing data has been collected from different corners of the globe with an experienced pool of language resources.
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.
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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The 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 the 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.
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
Global Health Tourism Market Type of Treatment (Cardiovascular Treatment, Orthopedic Treatment, Dental Treatment Fertility Treatment, Cosmetic Treatment, Neurological Treatment, Cancer Treatment, and Others), Geography.
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.
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