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Global Medical Tourism Market Future-Proofing Your Business with Market Size Growth Strategies | Anadolu Medical Center, Apollo Hospital Enterprise Limited, Asian Heart Institute

Global Medical Tourism Market Future-Proofing Your Business with Market Size Growth Strategies | Anadolu Medical Center, Apollo Hospital Enterprise Limited, Asian Heart Institute

 

 
Global medical tourism market will reach $298784.4 million by 2032 growing by 17.8% annually over 2022-2032 driven by the growing healthcare expenses in developed countries inadequate insurance benefits and a lack of healthcare insurance in the local market increased demand for non-covered operations such as gender reassignment surgery and reproductive therapy the rising accessibility to the most recent and technologically radical procedures of treatment and the growing lifestyle-related disorders along with the aging population.

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Highlighted with 94 tables and 94 figures this 186-page report ?Global Medical Tourism Market 2022-2032 by Specialty Type (Cosmetic Cardiac Orthopedic Dental Fertility Organ Transplant Bariatric) Tourism Type Consumer Group Tour Type and Region: Trend Forecast and Growth Opportunity? is based on a comprehensive research of the entire global medical tourism market and all its sub-segments through extensively detailed classifications.

According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.

Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:
? Market Structure
? Growth Drivers
? Restraints and Challenges
? Emerging Product Trends & Market Opportunities
? Porter's Fiver Forces

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The trend and outlook of global market is forecast in optimistic balanced and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify medical tourism market in every aspect of the classification from perspectives of Specialty Type Tourism Type Consumer Group Tour Type and Region.

Selected Key Players:
Aditya Birla Memorial Hospital
Anadolu Medical Center
Apollo Hospital Enterprise Limited
Asian Heart Institute
Asklepios Kliniken GmbH and Co. KGaA
Bangkok Hospital Medical Center
Barbados Fertility Center
Bumrungrad International Hospital
Clemenceau Medical Center
Fortis Healthcare
Gleneagles Hospital
KPJ Healthcare Berhad
Prince Court Medical Center
Raffles Medical Group
Samitivej Plc
Seoul National University Hospital
UZ Leuven

Based on Specialty Type
? Cosmetic Surgery
o Breast Surgery
o Face Surgery
o Liposuction
o Other Cosmetic Surgeries
? Cardiac Surgery
o Coronary Artery Bypass Surgery (CABG)
o Angioplasty
o Other Cardiac Surgeries
? Orthopedic Treatment
o Knee Replacement
o Hip Replacement
o Other Orthopedic Treatments
? Dental Treatment
? Fertility Treatment
? Organ Transplant
o Liver Transplant
o Kidney Transplant
o Bone Marrow Transplant
o Other Organ Transplants
? Bariatric Surgery
? Other Specialty Types

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Based on Tourism Type
? International Tourism
? Domestic Tourism

By Consumer Group

Men
? Women
? Kids

By Tour Type
? Independent Travelers
? Tour Group
? Package Travelers

Geographically
? North America (U.S. Canada and Mexico)
? Europe (Poland UK France Spain Greece Hungary Rest of Europe; Rest of Europe is further segmented into Germany Italy Netherlands Russia Switzerland Sweden Belgium Austria Ireland Norway Denmark and Finland)
? APAC (Japan China Thailand Singapore India and Rest of APAC; Rest of APAC is further segmented into Malaysia Australia Indonesia South Korea New Zealand Vietnam Taiwan and Philippines)
? South America (Brazil Costa Rica Argentina Rest of South America)
? MEA (UAE Turkey South Africa and Rest of MEA)

For each aforementioned region and country detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and the split of each national market by Specialty Type Consumer Group and Tour Type over the forecast years are also included.

Reason to Buy Our Market Research Report:

Strategic Decision-Making: These market research reports provide comprehensive and reliable data, analysis, and insights about a specific market. By accessing this information, businesses can make well-informed strategic decisions regarding market entry, product development, target audience identification, competitive positioning, and growth opportunities.

Market Understanding: These research reports offer a deep understanding of market dynamics, trends, and factors influencing customer behavior. This understanding helps businesses identify market gaps, emerging opportunities, and potential threats, enabling them to adapt their strategies and offerings accordingly.

Competitive Intelligence: These market research reports analyze the competitive landscape by examining key competitors, market share, strengths, weaknesses, strategies, and customer preferences. This information allows businesses to benchmark their performance, identify competitive advantages, and develop effective strategies to outperform their rivals.

Customer Insights: These market research reports often include data and analysis on customer demographics, preferences, buying behaviors, and satisfaction levels. This information helps businesses understand their target audience better, tailor their products or services to meet customer needs, and develop effective marketing and communication strategies.

Risk Mitigation: These market research reports enable businesses to assess the potential risks and challenges associated with entering or expanding into a market. By understanding market dynamics, regulatory factors, economic conditions, and industry trends, businesses can mitigate risks, avoid costly mistakes, and make informed decisions that align with their objectives.

Investment and Funding Decisions: These market research reports provide credible data and analysis that support investment decisions. They help businesses present a clear picture of the market opportunity, potential return on investment (ROI), and growth prospects, making it easier to secure funding or attract investors.

Validation and Credibility: Market research reports offer independent and unbiased analyses conducted by industry experts, lending credibility to the information presented. This enhances the trust and confidence of stakeholders, including investors, partners, and customers.

Long-term Business Planning: These market research reports provide a foundation for long-term business planning. They offer insights into market trends, growth projections, and emerging opportunities, allowing businesses to develop sustainable strategies and stay ahead in a competitive market.

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About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean is the world's leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.

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