The Global Medical Tourism Market Is Projected to Be Growing at a CAGR of 18.8% Owing to Limited Medical Facilties in Developing and Underdeveloped Countries
The Global Medical Tourism Market is estimated to reach USD 46.6 billion by 2021 with Cosmetic treatment accounting for largest share
Hyderabad, India -- (SBWire) -- 02/19/2018 --The report "Medical Tourism Market by Treatment Type (Orthopaedic Treatment, Neurological Treatment, Cardiovascular Treatment, Fertility Treatment, Cancer Treatment, Cosmetic Treatment, Dental Treatment and Others) - Forecast to 2021", The Medical Tourism market is expected to reach USD 46.6 Billion by 2021 from an estimated USD 19.7 Billion in 2016, at a CAGR of 18.8%. The key factors such as high treatment costs and long waiting time's circumstances for medical procedures, advancements in technology, and development of market are the driving the global market.
Browse through 185 Pages and in-depth TOC on "Medical Tourism Market "
https://marketdataforecast.com/market-reports/global-medical-tourism-market-1855/
Early buyers will receive 10% customization on reports.
By type of treatment, the cosmetic segment accounted for the largest share of the market in 2016
Sample: https://marketdataforecast.com/market-reports/global-medical-tourism-market-1855/request-sample
On the basis of type of treatment, the Medical Tourism market has been segmented into Orthopaedic Treatment, Cardiovascular Treatment, Dental Treatment Fertility Treatment, Cosmetic Treatment, Neurological Treatment, Cancer Treatment, and Others. In 2016, the cosmetic segment is expected to account for the largest share of the global Medical Tourism market, because cosmetic is not covered under insurance.
Customize Report: https://marketdataforecast.com/market-reports/global-medical-tourism-market-1855/customize-report
North America accounted for the largest share of the Medical Tourism market in 2016, followed by Europe. The large share of the Medical Tourism market in North America can be attributed to the growth in technology, growing disposable incomes, and the rising incidence of cancers. Europe holds the second major market for Medical Tourism owing to acceptance of advanced technology in biotechnology and research sector and innovation technologies.
The various players in the Medical Tourism market include Min-Sheng General Hospital, Apollo Hospitals Enterprise Limited, Samitivej Sukhumvit, Fortis Healthcare Ltd., Asian Heart Institute, Prince Court Medical Center, Bangkok Hospital Medical Center, KPJ Healthcare Berhad, Raffles Medical Group, and Bumrungrad International Hospital.
About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
Media Relations Contact
Sai Kutumbarao
Business Development Executive
Market Data Forecast
888-702-9626
http://www.marketdataforecast.com/
View this press release online at: http://rwire.com/923536