Infinium Global Research Medical Tourism Market | Page 2

A latest report has been added to the wide database of Medical Tourism Market by Infinium Global Research. This report studies the
Medical Tourism Market by (neurological, orthopedic treatment, cancer treatment, cardiovascular treatment, fertility treatment and
others), region (North America, Europe, Asia-Pacific) market status and outlook of global and major regions, from manufacturers, and
end industries. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast
the values for the next six years. Medical Tourism Market provides opportunities in micro markets for stakeholders to invest along with
the detailed analysis of competitive landscape, latest trends, and product offerings of the major companies in the Medical Tourism
Market. According to report the global medical tourism market is projected to grow at a CAGR of 14.5% over the forecast period of
2017-2023.
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The global growth in the flow of patients and health professionals as well as medical technology, capital funding and regulatory
regimes across national borders has given rise to new patterns of consumption and production of healthcare services over recent
decades. Moreover, as healthcare treatment turns costlier in developed countries, the people travel from one country to another to
receive a medical treatment, which is referred as medical tourism. These medical treatments could be either sophisticated treatments,
which include cardiac, orthopedic, dental, and neurosurgeries; or non-compulsory treatments such as cosmetic surgeries. Costa Rica,
India, Israel, Malaysia, Mexico, Thailand, Turkey, Singapore, South Korea, Taiwan and United States are some of the key destination
countries for the medical tourism patients.
Market Insights
High cost of treatments, rise in base of geriatric population, increasing adoption of sophisticated technology, increasing awareness
about cost effective treatments available in developing countries, and favorable exchange rates are key factors driving the market
growth. In addition, long waiting time for treatment in some countries, and employers, insurers and health insurance agents who are
seeking medical treatments abroad due to economic crisis in some countries further propelling the market growth in the coming years.
Segment Covered