Medical Tourism Market is anticipated to reach US$ 65.66 Bn. by 2029 from US$ 17.49 Bn. in 2022 at a CAGR of 20.80% during a forecast period.
This comprehensive market study delves into current and emerging trends within the Medical Tourism industry, offering an in-depth analysis from 2021 to 2029. The report extensively forecasts major market segments, scrutinizing key product positions and competitors. A thorough understanding of the competitive landscape is achieved through profiling key players and evaluating their strategies.
Market Scope:
The analysis provides an up-to-date examination of the present Medical Tourism market landscape, encompassing recent trends, drivers, and an overview of the entire market environment. Growing demand for Medical Tourism is a primary driver for market expansion. The research explores technology, end-user, and type categories, along with a geographical landscape analysis.
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Drivers:
The market research report presents comprehensive quantitative insights, offering a clear perspective on the global market potential across various categories, including country-by-country analyses. The study investigates major influencing factors and provides complete company profiles for key players.
Segmentation:
The report explores individual market influencing variables and changes in market laws impacting current and future trends. Downstream and upstream value chain analysis, technology trends, porter's five forces analysis, and case studies contribute to anticipating market scenarios for various industries.
by Treatment type
Cardiovascular treatment
Cancer treatment
Cosmetic treatment
Neurological treatment
Orthopedic treatment
Fertility treatment
Other general treatments
by End User
Food
Diagnostics
Research Laboratories
Point Of Care testing
Others
by Service
Provider Public
Private
by Type
Domestic
International
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Key players:
1. Fortis Hospital
2. Gleneagles Hospital
3. Asklepios Klink Barmbek
4. Wooridul Spine Hospital
5. Prince Court Medical centre
6. Anadolu Medical Centre
7. Clemenceau Medical centre
8. Raffles Medical Group
9. Bumrungrad International Hospital
10. Bangkok Hospital Medical Center
11. Asian Heart Institute
12. KPJ Healthcare Berhad
13. Samitivej Sukhumvit
14. Apollo Hospitals Enterprise Limited
15. Min-Sheng General Hospital.
16. Fortis Hospitals
17. KTQ International
18. SafeCare
19. Asian Heart Institute
20. KPJ Healthcare Berhad
Regional Analysis:
The regional segment includes variables such as individual market influencers, changes in market laws, and their impact on present and future trends. Data points like downstream and upstream value chain analysis, technology trends, porter's five forces analysis, and case studies are considered. The presence and availability of global players, along with obstacles faced due to competition from local brands, are factored in when analyzing projection data for the region.
COVID-19 Impact Analysis on Medical Tourism Market:
The COVID-19 pandemic significantly affected the global Medical Tourism industry, resulting in halted production facilities and a workforce shortage. The pandemic caused a substantial and prolonged decline in production utilization, with travel restrictions and facility closures keeping personnel away. However, the negative impact is expected to be temporary, and the sector is anticipated to recover by early 2021 due to increased Medical Tourism demand.
Key Questions Answered:
Which segment dominated the Medical Tourism market share?
What was the competitive scenario in the Medical Tourism market in 2029?
What are the key factors fueling Medical Tourism market growth?
Which region held the largest share in the Medical Tourism market in 2029?
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