Medical Tourism Market Competitive Analysis 2019-2030 and Key Players - Fortis Healthcare, Apollo International, Asian Heart Institute

Medical tourism market is estimated to be over US$ ~15.0 Billion in 2018. It is anticipated to grow at a CAGR of ~23.0% from 2019 to 2030. Medical tourism includes travelling of patients to a different country or city for medical treatment. Travelling is done either due to no treatment in their place or they get the preferred treatment in other country at comparatively lower rates. Most individuals choose to travel to well-developed regions for improved recovery. But nowadays, people from developed economies are travelling to less developed countries, such as India, Thailand, Malaysia, Sri Lanka, Latin America, and Singapore due to low medical cost as compared to their country. Nevertheless, in few countries procedures like fertility are not legalized which ultimately enable people to select another region.

India is one of the major regions for medical tourism not only due to availability of better treatment, but also low medical cost. Procedures like dentistry, fertility, psychiatry, cancer, cosmetic surgery, and cardiology are the common procedures in these developing economies. Developing economies are ideal for medical tourism majorly due to growing adoption of improved medical solutions among others.

Major Key Players of the Medical Tourism Market are:Fortis Healthcare, Apollo International, Asian Heart Institute, Samitivej PCL., SEOUL NATIONAL UNIVERSITY HOSPITAL, Barbados Fertility Center, Prince Court Medical Centre, UZ Leuvan, Wooridul Spine Hospital, and ADITYA BIRLA HEALTH SERVICES LTD, among others.

Read More @ https://www.openpr.com/news/2030732/medical-tourism-market-competitive-analysis-2019-2030-and-key