Medical Tourism Market is accounted for $17.1 billion in 2018 and is poised to reach $57.2 billion by 2024 growing at a CAGR of 18.8% during the forecast period.

New York, NY -- (SBWire) -- 09/27/2018 --?Medical Tourism Market is accounted for $17.1 billion in 2018 and is poised to reach $57.2 billion by 2024 growing at a CAGR of 18.8% during the forecast period. Affordable good quality care, presence of advanced medical technologies and better pricing for cosmetic surgeries are likely to fuel the market for medical tourism. However, Limited coverage, false medical practices and lengthy partial reimbursement by payers are hindering the market growth.
Asia-Pacific is expected to grow at the highest CAGR during the forecast period. India, Singapore and Thailand countries attract the majority medical tourists driven by the better quality care available at reasonable prices and within least waiting time. Mexico is the top medical tourism destination and hosts the largest number of medical tourists in the world, especially North and Latin Americans, due to quality treatment with efficient cost. India creates awareness to a large number of medical tourists due to its specialization in the field of cardiac surgeries. The Malaysian management has taken up various proposals to develop the medical service in the country in order to expand the market.

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Some of the key players in the market include

Fortis Hospital,

Gleneagles Hospital,

Asklepios Klinik Barmbek,

Wooridul Spine Hospital,

Prince Court Medical centre,

Anadolu Medical Centre,

Clemenceau Medical centre,

Raffles Medical Group,

Bumrungrad International Hospital,

Bangkok Hospital Medical Center

Asian Heart Institute

KPJ Healthcare Berhad

Samitivej Sukhumvit

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Treatment type Covered:

Dental treatment

Cardiovascular treatment

Cancer treatment

Cosmetic treatment

Neurological treatment

Orthopedic treatment

Fertility treatment

Other general treatments

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Asia-Pacific is expected to grow at the highest CAGR during the forecast period. India, Singapore and Thailand countries attract the majority medical tourists driven by the better quality care available at reasonable prices and within least waiting time. Mexico is the top medical tourism destination and hosts the largest number of medical tourists in the world, especially North and Latin Americans, due to quality treatment with efficient cost. India creates awareness to a large number of medical tourists due to its specialization in the field of cardiac surgeries. The Malaysian management has taken up various proposals to develop the medical service in the country in order to expand the market.

Table of Content

Global Medical Tourism Market Research Report 2018-2025
Chapter 1: Industry Overview of Global Medical Tourism Market
Chapter 2: Technologies Market International and China Market Analysis
Chapter 3: Environment Analysis of Global Medical Tourism Market
Chapter 4: Analysis of Revenue by Classifications
Chapter 5: Analysis of Revenue by Regions and Applications
Chapter 6: Analysis of Technologies Market Revenue Market Status.
Chapter 7: Analysis of Global Medical Tourism Market Industry Key Manufacturers
Chapter 8: Sales Price and Gross Margin Analysis
Chapter 9: Marketing Trader or Distributor Analysis of Medical Tourism Market
Chapter 10: Development Trend of Global Medical Tourism Market Industry 2018-2025