Medical tourism involves patients traveling to another country to avail medical care at a lower cost with quality care. Other factors influencing medical tourism include the lower price of treatment as compared to the home country, technological advancement, lesser stringent regulation, and immediate availability of medical procedures. Hospitals that facilitate medical tourism provides services from basic consultation to full-service treatment. Most of the medical tourism facilitators provide non-medical facilities such as visas, travel, lodging, and tourism making it a more convenient stay for the patient and their family. In 2018, Malaysia’s Sunway Medical Centre has been awarded Medical Tourism Hospital of the year along with Bumrungrad International hospital in APAC. It is also recognized for the oncology & neurology service for the same year.
The Medical Tourism Market is segmented on the basis of product Type, and region.
Major Types of Medical Tourism Market covered are:
- Cosmetic Treatment
- Cardiovascular Treatment
- Orthopedic Treatment
- Bariatric Treatment
- Neurological Treatment
- Fertility Treatment
However, factors which may hinder market growth include language and culture barrier and risk of blood clots after surgery due to flying. Prior preparations are required when having surgery in a country where English is not a primary language. Also, physicians and surgeons are concerned about the quality of care provided. Local doctors are hesitant to take follow-up care of the patient who has received care outside the country. Moreover, outbreaks of infectious diseases among medical tourists that underwent surgery are restraining the medical tourism market.
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