Medical Tourism Market
PUBLISHED: 2022 ID: SMRC21900
SHARE
SHARE

Medical Tourism Market

Medical Tourism Market Forecasts to 2028 - Global Analysis by Type (International, Domestic), Service Provider (Private, Public), Healthcare Service (Medical Treatment, Alternative Treatment, Wellness), Age Group (Adolescent, Children, Adults, Geriatric), Travellers (Group Travelers, Independent Travelers), Application, End User and By Geography

4.9 (81 reviews)
4.9 (81 reviews)
Published: 2022 ID: SMRC21900

This report covers the impact of COVID-19 on this global market
Loading...

Years Covered

2020-2028

Estimated Year Value (2022)

US $22814 MN

Projected Year Value (2028)

US $75224.6 MN

CAGR (2022 - 2028)

22%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

Asia Pacific

Fastest Growing Market

Europe


According to Stratistics MRC, the Global Medical Tourism Market is accounted for $22814 million in 2022 and is expected to reach $75224.6 million by 2028 growing at a CAGR of 22% during the forecast period. People travel abroad for medical care that may not be offered in their home country, a practise known as medical tourism. Patients looking for top-notch medical care are flocking to developed countries with state-of-the-art medical infrastructure. The price of receiving medical care varies greatly between nations. A region's potential as a centre for medical tourism will therefore depend on aspects such as price and access to excellent medical care. The market is booming as people's disposable incomes increase across many emerging countries.

According to the Medical Tourism Association (MTA), every year around 14 million people globally travel to other countries for medical care. According to the World Tourism Organization, the number of tourists declined by 84% in the Asia Pacific region in the year 2020 as compared to the year 2019. According to the American Academy of Facial and Reconstructive Surgery (AAFPRS) surgeons, there has been an increase in the appointments and treatments for a facelift, eyelift, among others in July 2021.


Market Dynamics:

Driver:

Low medical treatment costs

In wealthy nations, the price of healthcare services is comparatively expensive. Due to affordable medications, low labour costs, and low travel and lodging costs, the overall cost of medical treatment is lower in underdeveloped countries than in developed ones. Although there may be benefits, the standard of care is not diminished and is comparable to that offered by wealthy nations. During the projected period, a favourable regulatory environment and lower costs will increase market size for medical tourism.

Restraint:

Difficulties in following up after medical procedures

Patients are travelling more frequently for medical treatment overseas, but once the procedure is properly finished, it is imperative that the patient remain in the country for an extended amount of time in case of post-surgery difficulties. Patients must return to the specified foreign nation for rapid treatment if this is not possible, which is likely to become a significant limitation on the demand for medical tourism. The industry's growth may also be constrained by the need for air travel after surgical procedures and the challenge of following up with healthcare providers once patients return home.

Opportunity:

Expansion of Inbound Medical Travel to Raise Market Potential

The globe is getting closer to implementing improved medical facilities for value-based care as a result of growing technology developments in the healthcare sector, including those related to medical devices, surgical techniques, wearable healthcare, connected healthcare, etc. With the help of information and communication technology, telemedicine, and telehealth, patients from all over the world may now easily schedule appointments, consult doctors, and receive high-quality care. This has caused the rate of inbound tourism to underdeveloped countries to increase. Consequently, the desire for affordable treatment and its accessibility

Threat:

Pandemic Outbreaks Resulting in Travel Restrictions

Medical tourism is entirely dependent on international travel capabilities. A pandemic outbreak or strong country government restrictions on receiving medical care overseas impede the market's expansion. For instance, the World Tourism Organization claims that the COVID-19 pandemic's introduction caused a nearly global fall in tourism. This subsequently had an effect on the sector, limiting market expansion due to a fall in the demand for medical technologies and procedures among passengers from abroad. As a result, this factor is responsible for lowering market value during the projected period and is expected to delay the return to pre-pandemic growth for a longer period of time.

Covid-19 Impact:

The COVID-19 epidemic had a detrimental effect on the market's expansion as a whole. Non-emergency elective standards of care, including cosmetic surgery, dental surgery, and hair transplantation, among others, had to be delayed due to the rising number of COVID-19 patients in 2020 and beyond. Several wellness facilities, hospitals, and medical tourism service providers temporarily stopped operating during the pandemic. However, it is projected that the business will show a favorable development trajectory in the years to come thanks to the global economic recovery and a general easing of travel restrictions.

The bariatric surgery is expected to be the largest during the forecast period

The number of patients having weight-loss surgery has sharply grown recently. The increase is being attributed to a number of factors; including upgraded technologies and dynamic pricing with insurance companies picking up some of the tab. Global obesity cases are on the rise, which will benefit the bariatric surgery sector of the medical tourism market. Due to bad eating habits and an increase in the number of people leading sedentary lives, the bariatric surgery segment, anticipated to hold largest share in the medical tourism market during the forecast period.

The cardiovascular segment is expected to have the highest CAGR during the forecast period

During the forecast period, the cardiovascular surgery is anticipated to have the highest CAGR growth rate in the most lucrative segment. The expansion of this market is being driven by an increase in cardiovascular disease occurrences and deaths. poor eating patterns and people's sedentary lifestyles. Cardiovascular illnesses are primarily caused by rising cigarette use and physical inactivity. With expanding urbanisation, rising employment, and rising fast food consumption worldwide, it is anticipated that there would be an increase in cardiovascular cases in the upcoming years.

Region with highest share:

Due to the availability of high-quality care at reasonable prices for treatments, the availability of cheap flights, and an increase in marketing and online consumer information about the availability of medical services, Asia-Pacific held the largest market share for medical tourism. The government's substantial expenditures to upgrade the healthcare system also aid in the expansion of this sector.

Region with highest CAGR:

Due to the expanding medical infrastructure and facilities for medical tourists in various countries, Europe held the top spot in the industry. Even though the epidemic caused travel and tourism to be disrupted, which resulted in a fall in the number of tourists visiting the European region, several nations have since launched full-fledged plans to offer better facilities and services. To encourage medical tourism to the nation, Europe stated that the country's borders would be opened to travellers who had received the appropriate vaccinations.



Key players in the market

Some of the key players in Medical Tourism market include Apollo Hospitals Enterprise Limited, Samitivej PCL , Samitivej PCL, Shouldice Hospital, Clemenceau Medical Center, Bumrungrad International Hospital, KPJ Healthcare Berhad, Fortis Healthcare Limited, Asklepios Kliniken GmbH & Co. KGaA, Max Healthcare, Raffles Medical Group, Narayana Health, Aditya Birla Memorial Hospital, Asian Heart Institute, Barbados Fertility Center, Prince Court Medical Centre, ITL World, Global Healthcare Connection Inc., Medical E-Med sol Pvt. Ltd., Christus Muguerza Super Specialty Hospital

Key Developments:

In August 2022, Apollo Hospitals on expansion mode in Gurugram and Chennai. Apollo Hospitals announced the acquisition of a hospital asset in Gurugram with a potential of 650 beds over 7 lakh square feet from Nayati Healthcare and Research NCR Private Limited, for a consideration of around ₹450 crore. Spread across 5.63 acres of land, the acquisition marked the entry of the group in Haryana.

In May 2021, Fortis Healthcare announced demerging its hospital business Fortis Hospitals into Manipal Hospitals and selling its 20% stake in diagnostics company SRL.

In October 2020, The Indian Railway Catering and Tourism Corporation (IRCTC) partnered with Chennai-based Apollo Hospitals to offer hassle-free travel for people who travel for medical care. IRCTC is also looking to expand the service to neighbouring countries such as Sri Lanka and Bangladesh in collaboration with airline services and other travel facilitators in those countries.

Types Covered:
• International
• Domestic

Service Providers Covered:
• Private
• Public

Healthcare Services Covered:
• Medical Treatment
• Alternative Treatment
• Wellness

Age Groups Covered:
• Adolescent
• Children
• Adults
• Geriatric

Travelers Covered:
• Group Travelers
• Independent Travelers

Applications Covered:
• Cardiovascular surgery
• Cosmetic Surgery
• Orthopedic surgery
• Dental surgery
• Bariatric surgery
• Oncology treatment
• Fertility treatment
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Medical Tourism Market, By Type
5.1 Introduction
5.2 International
5.3 Domestic

6 Global Medical Tourism Market, By Service Provider
6.1 Introduction
6.2 Private
6.3 Public

7 Global Medical Tourism Market, By Healthcare Service
7.1 Introduction
7.2 Medical Treatment
7.3 Alternative Treatment
7.4 Wellness

8 Global Medical Tourism Market, By Age Group
8.1 Introduction
8.2 Adolescent
8.3 Children
8.4 Adults
8.5 Geriatric

9 Global Medical Tourism Market, By Travellers
9.1 Introduction
9.2 Group Travelers
9.3 Independent Travelers

10 Global Medical Tourism Market, By Application
10.1 Introduction
10.2 Cardiovascular surgery
10.3 Cosmetic Surgery
10.3.1 Hair transplant
10.3.2 Breast augmentation
10.3.3 Other Cosmetic Surgeries
10.4 Orthopedic surgery
10.5 Dental surgery
10.6 Bariatric surgery
10.7 Oncology treatment
10.8 Fertility treatment
10.9 Other Applications

11 Global Medical Tourism Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa

12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies

13 Company Profiling
13.1 Apollo Hospitals Enterprise Limited
13.2 Samitivej PCL
13.3 Shouldice Hospital
13.4 Clemenceau Medical Center
13.5 Bumrungrad International Hospital
13.6 KPJ Healthcare Berhad
13.7 Fortis Healthcare Limited
13.8 Asklepios Kliniken GmbH & Co. KGaA
13.9 Max Healthcare
13.10 Raffles Medical Group
13.11 Narayana Health
13.12 Aditya Birla Memorial Hospital
13.13 Asian Heart Institute
13.14 Barbados Fertility Center
13.15 Prince Court Medical Centre
13.16 ITL World
13.17 Global Healthcare Connection Inc.
13.18 Medical E-Medsol Pvt. Ltd.
13.19 Christus Muguerza Super Specialty Hospital

List of Tables
1 Global Medical Tourism Market Outlook, By Region (2020-2028) ($MN)
2 Global Medical Tourism Market Outlook, By Type (2020-2028) ($MN)
3 Global Medical Tourism Market Outlook, By International (2020-2028) ($MN)
4 Global Medical Tourism Market Outlook, By Domestic (2020-2028) ($MN)
5 Global Medical Tourism Market Outlook, By Service Provider (2020-2028) ($MN)
6 Global Medical Tourism Market Outlook, By Private (2020-2028) ($MN)
7 Global Medical Tourism Market Outlook, By Public (2020-2028) ($MN)
8 Global Medical Tourism Market Outlook, By Healthcare Service (2020-2028) ($MN)
9 Global Medical Tourism Market Outlook, By Medical Treatment (2020-2028) ($MN)
10 Global Medical Tourism Market Outlook, By Alternative Treatment (2020-2028) ($MN)
11 Global Medical Tourism Market Outlook, By Wellness (2020-2028) ($MN)
12 Global Medical Tourism Market Outlook, By Age Group (2020-2028) ($MN)
13 Global Medical Tourism Market Outlook, By Adolescent (2020-2028) ($MN)
14 Global Medical Tourism Market Outlook, By Children (2020-2028) ($MN)
15 Global Medical Tourism Market Outlook, By Adults (2020-2028) ($MN)
16 Global Medical Tourism Market Outlook, By Geriatric (2020-2028) ($MN)
17 Global Medical Tourism Market Outlook, By Travellers (2020-2028) ($MN)
18 Global Medical Tourism Market Outlook, By Group Travelers (2020-2028) ($MN)
19 Global Medical Tourism Market Outlook, By Independent Travelers (2020-2028) ($MN)
20 Global Medical Tourism Market Outlook, By Application (2020-2028) ($MN)
21 Global Medical Tourism Market Outlook, By Cardiovascular surgery (2020-2028) ($MN)
22 Global Medical Tourism Market Outlook, By Cosmetic Surgery (2020-2028) ($MN)
23 Global Medical Tourism Market Outlook, By Hair transplant (2020-2028) ($MN)
24 Global Medical Tourism Market Outlook, By Breast augmentation (2020-2028) ($MN)
25 Global Medical Tourism Market Outlook, By Other Cosmetic Surgeries (2020-2028) ($MN)
26 Global Medical Tourism Market Outlook, By Orthopedic surgery (2020-2028) ($MN)
27 Global Medical Tourism Market Outlook, By Dental surgery (2020-2028) ($MN)
28 Global Medical Tourism Market Outlook, By Bariatric surgery (2020-2028) ($MN)
29 Global Medical Tourism Market Outlook, By Oncology treatment (2020-2028) ($MN)
30 Global Medical Tourism Market Outlook, By Fertility treatment (2020-2028) ($MN)
31 Global Medical Tourism Market Outlook, By Other Applications (2020-2028) ($MN)
32 North America Medical Tourism Market Outlook, By Country (2020-2028) ($MN)
33 North America Medical Tourism Market Outlook, By Type (2020-2028) ($MN)
34 North America Medical Tourism Market Outlook, By International (2020-2028) ($MN)
35 North America Medical Tourism Market Outlook, By Domestic (2020-2028) ($MN)
36 North America Medical Tourism Market Outlook, By Service Provider (2020-2028) ($MN)
37 North America Medical Tourism Market Outlook, By Private (2020-2028) ($MN)
38 North America Medical Tourism Market Outlook, By Public (2020-2028) ($MN)
39 North America Medical Tourism Market Outlook, By Healthcare Service (2020-2028) ($MN)
40 North America Medical Tourism Market Outlook, By Medical Treatment (2020-2028) ($MN)
41 North America Medical Tourism Market Outlook, By Alternative Treatment (2020-2028) ($MN)
42 North America Medical Tourism Market Outlook, By Wellness (2020-2028) ($MN)
43 North America Medical Tourism Market Outlook, By Age Group (2020-2028) ($MN)
44 North America Medical Tourism Market Outlook, By Adolescent (2020-2028) ($MN)
45 North America Medical Tourism Market Outlook, By Children (2020-2028) ($MN)
46 North America Medical Tourism Market Outlook, By Adults (2020-2028) ($MN)
47 North America Medical Tourism Market Outlook, By Geriatric (2020-2028) ($MN)
48 North America Medical Tourism Market Outlook, By Travellers (2020-2028) ($MN)
49 North America Medical Tourism Market Outlook, By Group Travelers (2020-2028) ($MN)
50 North America Medical Tourism Market Outlook, By Independent Travelers (2020-2028) ($MN)
51 North America Medical Tourism Market Outlook, By Application (2020-2028) ($MN)
52 North America Medical Tourism Market Outlook, By Cardiovascular surgery (2020-2028) ($MN)
53 North America Medical Tourism Market Outlook, By Cosmetic Surgery (2020-2028) ($MN)
54 North America Medical Tourism Market Outlook, By Hair transplant (2020-2028) ($MN)
55 North America Medical Tourism Market Outlook, By Breast augmentation (2020-2028) ($MN)
56 North America Medical Tourism Market Outlook, By Other Cosmetic Surgeries (2020-2028) ($MN)
57 North America Medical Tourism Market Outlook, By Orthopedic surgery (2020-2028) ($MN)
58 North America Medical Tourism Market Outlook, By Dental surgery (2020-2028) ($MN)
59 North America Medical Tourism Market Outlook, By Bariatric surgery (2020-2028) ($MN)
60 North America Medical Tourism Market Outlook, By Oncology treatment (2020-2028) ($MN)
61 North America Medical Tourism Market Outlook, By Fertility treatment (2020-2028) ($MN)
62 North America Medical Tourism Market Outlook, By Other Applications (2020-2028) ($MN)
63 Europe Medical Tourism Market Outlook, By Country (2020-2028) ($MN)
64 Europe Medical Tourism Market Outlook, By Type (2020-2028) ($MN)
65 Europe Medical Tourism Market Outlook, By International (2020-2028) ($MN)
66 Europe Medical Tourism Market Outlook, By Domestic (2020-2028) ($MN)
67 Europe Medical Tourism Market Outlook, By Service Provider (2020-2028) ($MN)
68 Europe Medical Tourism Market Outlook, By Private (2020-2028) ($MN)
69 Europe Medical Tourism Market Outlook, By Public (2020-2028) ($MN)
70 Europe Medical Tourism Market Outlook, By Healthcare Service (2020-2028) ($MN)
71 Europe Medical Tourism Market Outlook, By Medical Treatment (2020-2028) ($MN)
72 Europe Medical Tourism Market Outlook, By Alternative Treatment (2020-2028) ($MN)
73 Europe Medical Tourism Market Outlook, By Wellness (2020-2028) ($MN)
74 Europe Medical Tourism Market Outlook, By Age Group (2020-2028) ($MN)
75 Europe Medical Tourism Market Outlook, By Adolescent (2020-2028) ($MN)
76 Europe Medical Tourism Market Outlook, By Children (2020-2028) ($MN)
77 Europe Medical Tourism Market Outlook, By Adults (2020-2028) ($MN)
78 Europe Medical Tourism Market Outlook, By Geriatric (2020-2028) ($MN)
79 Europe Medical Tourism Market Outlook, By Travellers (2020-2028) ($MN)
80 Europe Medical Tourism Market Outlook, By Group Travelers (2020-2028) ($MN)
81 Europe Medical Tourism Market Outlook, By Independent Travelers (2020-2028) ($MN)
82 Europe Medical Tourism Market Outlook, By Application (2020-2028) ($MN)
83 Europe Medical Tourism Market Outlook, By Cardiovascular surgery (2020-2028) ($MN)
84 Europe Medical Tourism Market Outlook, By Cosmetic Surgery (2020-2028) ($MN)
85 Europe Medical Tourism Market Outlook, By Hair transplant (2020-2028) ($MN)
86 Europe Medical Tourism Market Outlook, By Breast augmentation (2020-2028) ($MN)
87 Europe Medical Tourism Market Outlook, By Other Cosmetic Surgeries (2020-2028) ($MN)
88 Europe Medical Tourism Market Outlook, By Orthopedic surgery (2020-2028) ($MN)
89 Europe Medical Tourism Market Outlook, By Dental surgery (2020-2028) ($MN)
90 Europe Medical Tourism Market Outlook, By Bariatric surgery (2020-2028) ($MN)
91 Europe Medical Tourism Market Outlook, By Oncology treatment (2020-2028) ($MN)
92 Europe Medical Tourism Market Outlook, By Fertility treatment (2020-2028) ($MN)
93 Europe Medical Tourism Market Outlook, By Other Applications (2020-2028) ($MN)
94 Asia Pacific Medical Tourism Market Outlook, By Country (2020-2028) ($MN)
95 Asia Pacific Medical Tourism Market Outlook, By Type (2020-2028) ($MN)
96 Asia Pacific Medical Tourism Market Outlook, By International (2020-2028) ($MN)
97 Asia Pacific Medical Tourism Market Outlook, By Domestic (2020-2028) ($MN)
98 Asia Pacific Medical Tourism Market Outlook, By Service Provider (2020-2028) ($MN)
99 Asia Pacific Medical Tourism Market Outlook, By Private (2020-2028) ($MN)
100 Asia Pacific Medical Tourism Market Outlook, By Public (2020-2028) ($MN)
101 Asia Pacific Medical Tourism Market Outlook, By Healthcare Service (2020-2028) ($MN)
102 Asia Pacific Medical Tourism Market Outlook, By Medical Treatment (2020-2028) ($MN)
103 Asia Pacific Medical Tourism Market Outlook, By Alternative Treatment (2020-2028) ($MN)
104 Asia Pacific Medical Tourism Market Outlook, By Wellness (2020-2028) ($MN)
105 Asia Pacific Medical Tourism Market Outlook, By Age Group (2020-2028) ($MN)
106 Asia Pacific Medical Tourism Market Outlook, By Adolescent (2020-2028) ($MN)
107 Asia Pacific Medical Tourism Market Outlook, By Children (2020-2028) ($MN)
108 Asia Pacific Medical Tourism Market Outlook, By Adults (2020-2028) ($MN)
109 Asia Pacific Medical Tourism Market Outlook, By Geriatric (2020-2028) ($MN)
110 Asia Pacific Medical Tourism Market Outlook, By Travellers (2020-2028) ($MN)
111 Asia Pacific Medical Tourism Market Outlook, By Group Travelers (2020-2028) ($MN)
112 Asia Pacific Medical Tourism Market Outlook, By Independent Travelers (2020-2028) ($MN)
113 Asia Pacific Medical Tourism Market Outlook, By Application (2020-2028) ($MN)
114 Asia Pacific Medical Tourism Market Outlook, By Cardiovascular surgery (2020-2028) ($MN)
115 Asia Pacific Medical Tourism Market Outlook, By Cosmetic Surgery (2020-2028) ($MN)
116 Asia Pacific Medical Tourism Market Outlook, By Hair transplant (2020-2028) ($MN)
117 Asia Pacific Medical Tourism Market Outlook, By Breast augmentation (2020-2028) ($MN)
118 Asia Pacific Medical Tourism Market Outlook, By Other Cosmetic Surgeries (2020-2028) ($MN)
119 Asia Pacific Medical Tourism Market Outlook, By Orthopedic surgery (2020-2028) ($MN)
120 Asia Pacific Medical Tourism Market Outlook, By Dental surgery (2020-2028) ($MN)
121 Asia Pacific Medical Tourism Market Outlook, By Bariatric surgery (2020-2028) ($MN)
122 Asia Pacific Medical Tourism Market Outlook, By Oncology treatment (2020-2028) ($MN)
123 Asia Pacific Medical Tourism Market Outlook, By Fertility treatment (2020-2028) ($MN)
124 Asia Pacific Medical Tourism Market Outlook, By Other Applications (2020-2028) ($MN)
125 South America Medical Tourism Market Outlook, By Country (2020-2028) ($MN)
126 South America Medical Tourism Market Outlook, By Type (2020-2028) ($MN)
127 South America Medical Tourism Market Outlook, By International (2020-2028) ($MN)
128 South America Medical Tourism Market Outlook, By Domestic (2020-2028) ($MN)
129 South America Medical Tourism Market Outlook, By Service Provider (2020-2028) ($MN)
130 South America Medical Tourism Market Outlook, By Private (2020-2028) ($MN)
131 South America Medical Tourism Market Outlook, By Public (2020-2028) ($MN)
132 South America Medical Tourism Market Outlook, By Healthcare Service (2020-2028) ($MN)
133 South America Medical Tourism Market Outlook, By Medical Treatment (2020-2028) ($MN)
134 South America Medical Tourism Market Outlook, By Alternative Treatment (2020-2028) ($MN)
135 South America Medical Tourism Market Outlook, By Wellness (2020-2028) ($MN)
136 South America Medical Tourism Market Outlook, By Age Group (2020-2028) ($MN)
137 South America Medical Tourism Market Outlook, By Adolescent (2020-2028) ($MN)
138 South America Medical Tourism Market Outlook, By Children (2020-2028) ($MN)
139 South America Medical Tourism Market Outlook, By Adults (2020-2028) ($MN)
140 South America Medical Tourism Market Outlook, By Geriatric (2020-2028) ($MN)
141 South America Medical Tourism Market Outlook, By Travellers (2020-2028) ($MN)
142 South America Medical Tourism Market Outlook, By Group Travelers (2020-2028) ($MN)
143 South America Medical Tourism Market Outlook, By Independent Travelers (2020-2028) ($MN)
144 South America Medical Tourism Market Outlook, By Application (2020-2028) ($MN)
145 South America Medical Tourism Market Outlook, By Cardiovascular surgery (2020-2028) ($MN)
146 South America Medical Tourism Market Outlook, By Cosmetic Surgery (2020-2028) ($MN)
147 South America Medical Tourism Market Outlook, By Hair transplant (2020-2028) ($MN)
148 South America Medical Tourism Market Outlook, By Breast augmentation (2020-2028) ($MN)
149 South America Medical Tourism Market Outlook, By Others (2020-2028) ($MN)
150 South America Medical Tourism Market Outlook, By Orthopedic surgery (2020-2028) ($MN)
151 South America Medical Tourism Market Outlook, By Dental surgery (2020-2028) ($MN)
152 South America Medical Tourism Market Outlook, By Bariatric surgery (2020-2028) ($MN)
153 South America Medical Tourism Market Outlook, By Oncology treatment (2020-2028) ($MN)
154 South America Medical Tourism Market Outlook, By Fertility treatment (2020-2028) ($MN)
155 South America Medical Tourism Market Outlook, By Other Applications (2020-2028) ($MN)
156 Middle East & Africa Medical Tourism Market Outlook, By Country (2020-2028) ($MN)
157 Middle East & Africa Medical Tourism Market Outlook, By Type (2020-2028) ($MN)
158 Middle East & Africa Medical Tourism Market Outlook, By International (2020-2028) ($MN)
159 Middle East & Africa Medical Tourism Market Outlook, By Domestic (2020-2028) ($MN)
160 Middle East & Africa Medical Tourism Market Outlook, By Service Provider (2020-2028) ($MN)
161 Middle East & Africa Medical Tourism Market Outlook, By Private (2020-2028) ($MN)
162 Middle East & Africa Medical Tourism Market Outlook, By Public (2020-2028) ($MN)
163 Middle East & Africa Medical Tourism Market Outlook, By Healthcare Service (2020-2028) ($MN)
164 Middle East & Africa Medical Tourism Market Outlook, By Medical Treatment (2020-2028) ($MN)
165 Middle East & Africa Medical Tourism Market Outlook, By Alternative Treatment (2020-2028) ($MN)
166 Middle East & Africa Medical Tourism Market Outlook, By Wellness (2020-2028) ($MN)
167 Middle East & Africa Medical Tourism Market Outlook, By Age Group (2020-2028) ($MN)
168 Middle East & Africa Medical Tourism Market Outlook, By Adolescent (2020-2028) ($MN)
169 Middle East & Africa Medical Tourism Market Outlook, By Children (2020-2028) ($MN)
170 Middle East & Africa Medical Tourism Market Outlook, By Adults (2020-2028) ($MN)
171 Middle East & Africa Medical Tourism Market Outlook, By Geriatric (2020-2028) ($MN)
172 Middle East & Africa Medical Tourism Market Outlook, By Travellers (2020-2028) ($MN)
173 Middle East & Africa Medical Tourism Market Outlook, By Group Travelers (2020-2028) ($MN)
174 Middle East & Africa Medical Tourism Market Outlook, By Independent Travelers (2020-2028) ($MN)
175 Middle East & Africa Medical Tourism Market Outlook, By Application (2020-2028) ($MN)
176 Middle East & Africa Medical Tourism Market Outlook, By Cardiovascular surgery (2020-2028) ($MN)
177 Middle East & Africa Medical Tourism Market Outlook, By Cosmetic Surgery (2020-2028) ($MN)
178 Middle East & Africa Medical Tourism Market Outlook, By Hair transplant (2020-2028) ($MN)
179 Middle East & Africa Medical Tourism Market Outlook, By Breast augmentation (2020-2028) ($MN)
180 Middle East & Africa Medical Tourism Market Outlook, By Other Cosmetic Surgeries (2020-2028) ($MN)
181 Middle East & Africa Medical Tourism Market Outlook, By Orthopedic surgery (2020-2028) ($MN)
182 Middle East & Africa Medical Tourism Market Outlook, By Dental surgery (2020-2028) ($MN)
183 Middle East & Africa Medical Tourism Market Outlook, By Bariatric surgery (2020-2028) ($MN)
184 Middle East & Africa Medical Tourism Market Outlook, By Oncology treatment (2020-2028) ($MN)
185 Middle East & Africa Medical Tourism Market Outlook, By Fertility treatment (2020-2028) ($MN)
186 Middle East & Africa Medical Tourism Market Outlook, By Other Applications (2020-2028) ($MN)
 

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

Frequently Asked Questions

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials