The process of traveling outside the country of residence to avail medical treatment and care is known as medical tourism. Medical tourists avail different treatments such as cancer treatment, cardiovascular treatment, neurological treatment, and fertility treatment. The escalation in healthcare costs associated in developed countries has forced individuals to seek for affordable alternatives. This boosts the growth of the global medical tourism market.
Allied Market Research published a report, titled, โ๐๐๐๐ข๐๐๐ฅ ๐๐จ๐ฎ๐ซ๐ข๐ฌ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐ฒ๐ฉ๐ (๐๐๐ง๐ญ๐๐ฅ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ, ๐๐จ๐ฌ๐ฆ๐๐ญ๐ข๐ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ, ๐๐๐ซ๐๐ข๐จ๐ฏ๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ, ๐๐ซ๐ญ๐ก๐จ๐ฉ๐๐๐ข๐ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ, ๐๐๐ฎ๐ซ๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ, ๐๐๐ง๐๐๐ซ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ, ๐ ๐๐ซ๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ, ๐๐ง๐ ๐๐ญ๐ก๐๐ซ๐ฌ): ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ, ๐๐๐๐โ๐๐๐๐.โ According to the report, the global Medical Tourism Market Size was Valued at USD 104.68 billion in 2019 and is Projected to Garner USD 273.72 billion by 2027 registering a CAGR of 12.8% from 2020 to 2027.
The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining competitive edge in the market.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/request-sample/454
๐๐ก๐๐ญ ๐๐ซ๐ ๐ญ๐ก๐ ๐๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐๐ข๐๐๐ฅ ๐๐จ๐ฎ๐ซ๐ข๐ฌ๐ฆ ๐๐๐ซ๐ค๐๐ญ?
Increase in prevalence of hematologic diseases, surge in number of accidents, and rise in geriatric population propel the growth of the global blood bank market.Asia-Pacific is expected to witness the highest CAGR of 6.4% from 2020 to 2027.Governments, hospitals, and blood banks have been appealing patients who recovered from Covid-19 to donate their plasma as it contains Covid-19 antibodies that help recovering patients to fight against the disease.
๐๐จ๐ฉ ๐๐๐๐ข๐๐๐ฅ ๐๐จ๐ฎ๐ซ๐ข๐ฌ๐ฆ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ
โข Aditya Birla Memorial Hospital
โข Apollo Hospitals Enterprise Limited
โข Asian Heart Institute
โข Barbados Fertility Center
โข Fortis Healthcare Limited
โข KPJ Healthcare Berhad
โข NTT Medical Center Tokyo
โข Prince Court Medical Centre
โข Samitivej PCL
โข Seoul National University Hospital
โข Wooridul Spine Hospital.
๐๐๐๐ข๐๐๐ฅ ๐๐จ๐ฎ๐ซ๐ข๐ฌ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
Based on technology, the cancer treatment segment accounted for the largest share in 2019, with nearly one-fifth of the global medical tourism market. This is attributed to increase in the number of cross-border travelers seeking quality cancer treatment and reduced cost in different countries. On the other hand, the orthopedic treatment segment is projected to register the highest CAGR of 14.8% during the forecast period. Orthopedic treatment is one of the widely performed services globally. This factor drives the growth of the segment.
Based on region, the global medical tourism market across Asia-Pacific dominated in 2019, with more than one-third of the market. Additionally, the region is also anticipated to manifest the highest CAGR of 13.6% during the forecast period. This is owing to the availability of quality care at relatively low cost of treatments, inexpensive flights, and increase in marketing & online consumer information about the accessibility of medical services. At the same time, the market across North America is expected to grow at a CAGR of 11.4% during the forecast period.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/454
Key Benefits For Stakeholders
โข This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the resuscitation devices market analysis from 2021 to 2031 to identify the prevailing Medical Tourism Market
โข The market research is offered along with information related to key drivers, restraints, and opportunities.
โข Porterโs five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
โข In-depth analysis of the resuscitation devices market segmentation assists to determine the prevailing market opportunities.
โข Major countries in each region are mapped according to their revenue contribution to the global market.
โข Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
โข The report includes the analysis of the regional as well as global Medical Tourism Market trends, key players, market segments, application areas, and market growth strategies.
Our Market Research Solution Provides You Answer to Below Mentioned Question:
- Which are the driving factors responsible for the growth of market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in coming years?
- What are the trends of this market?
- Which are main factors responsible for new product launch?
- How big is the global & regional market in terms of revenue, sales and production?
- How far will the market grow in forecast period in terms of revenue, sales and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
- How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
- Which region has more opportunities?
By Region Outlook
โข North America
(U.S., Canada, Mexico)
โข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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