Boston, MA -- (SBWIRE) -- 08/21/2014 -- Colombia is one of the most appealing destinations for medical treatments in Latin America, because of the high qualifications of its professionals and the low cost of complex procedures compared to the same procedures in the country of origin. This resulted in an increasing influx of foreign visitors estimated at more than 50,000 in 2013. The most demanded procedures were for heart surgery, bariatric surgery, general surgery, aesthetical procedures and eye care. Medical tourism grew over the review period and in 2013 accounted for 50% of total sales.

Industry Prospects:

Medical tourism is likely to be the most dynamic and is expected to grow at a value CAGR of 10% at constant 2013 prices over the forecast period. The increasing presence of free trade medical zones in different Colombian cities will contribute to boost the demand for that kind of service in Colombia, not only from foreign tourists but also from locals. Although wellness tourism has positive growth prospects, further expansion is likely beyond 2018, as it is still underdeveloped and needs strong investment flows for the construction of more specialised resorts and hotels focused on wellness services.

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Report Overview:

Discover the latest market trends and uncover sources of future market growth for the Health and Wellness Tourism industry in Colombia with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Health and Wellness Tourism industry in Colombia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Health and Wellness Tourism in Colombia market research report includes:

- Analysis of key supply-side and demand trends
- Historic volumes and values
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of Health and Wellness Tourism in Colombia?
- Are hotel/resort spas outperforming destination spas?
- Do domestic spa visitors outweigh international spa arrivals?
- What is the rate of hotel/resort spa outlet development?

Reasons to Get this Report:

- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions

Product coverage: Medical Tourism, Spas.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

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