Trends in the Medical Tourism Market 2014-2020
Medical tourism is one of the most dynamically growing industries today. Considered to be the direct impact of globalisation of healthcare, medical tourism certainly exhibits strong growth potential globally. However, based on FMI’s research, the market of medical tourism is expected to concentrate within most of the emerging economies of the world. As developing nations are increasingly heading toward technological advancement and quality services in the medical and healthcare sector, the global medical tourism market is anticipated to witness robust growth over 2014-2020, predominantly in Asian countries. The top treatments people travel abroad for, include cancer therapy, cardiovascular surgeries, orthopaedic treatments, dentistry, cosmetic surgeries, reproductive treatments, weight loss therapies, health screenings, and medical tests and scans. In severe cases, a sizeable patient population also seeks second opinion from specialist doctors out of their countries.
Medical tourism is one of the most dynamically growing industries today. Considered to be the direct impact of globalisation of healthcare, medical tourism certainly exhibits strong growth potential globally. However, based on FMI’s research, the market of medical tourism is expected to concentrate within most of the emerging economies of the world.
As developing nations are increasingly heading toward technological advancement and quality services in the medical and healthcare sector, the global medical tourism market is anticipated to witness robust growth over 2014-2020, predominantly in Asian countries.
The top treatments people travel abroad for, include cancer therapy, cardiovascular surgeries, orthopaedic treatments, dentistry, cosmetic surgeries, reproductive treatments, weight loss therapies, health screenings, and medical tests and scans. In severe cases, a sizeable patient population also seeks second opinion from specialist doctors out of their countries.
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Report Description<br />
<strong>Medical</strong> tourism is a popular trend that has come about due to advances <strong>in</strong> <strong>the</strong> field of medical<br />
technology, grow<strong>in</strong>g number of patients and high level of expertise <strong>in</strong> <strong>the</strong> medical field. Simply<br />
expla<strong>in</strong>ed, people travell<strong>in</strong>g from <strong>the</strong>ir home country to ano<strong>the</strong>r country with <strong>the</strong> <strong>in</strong>tention to<br />
secure medical treatment, which might not be available <strong>in</strong> <strong>the</strong>ir homeland, is known as medical<br />
tourism. Segments such as cosmetic surgery, dental care, fertility treatment, cardiology and<br />
cardiac surgery are <strong>the</strong> key promoters of medical tourism. <strong>Medical</strong> tourism has made it easy for<br />
patients to travel to o<strong>the</strong>r countries and get much-needed medical treatment and undergo<br />
surgeries. On <strong>the</strong> o<strong>the</strong>r hand, this does have some disadvantages such as low quality medical<br />
treatment. Also people from developed and advanced economies travel to emerg<strong>in</strong>g nations,<br />
thus affect<strong>in</strong>g <strong>the</strong> revenue generation <strong>in</strong> <strong>the</strong>ir respective nation, for <strong>in</strong>stance approximately 1<br />
million Americans travelled outside <strong>the</strong> US for medical treatment <strong>in</strong> <strong>2014</strong>.<br />
Browse Full Report@ http://www.futuremarket<strong>in</strong>sights.com/reports/medical-tourism-market<br />
<strong>Medical</strong> tourism is rapidly ga<strong>in</strong><strong>in</strong>g popularity <strong>in</strong> Asian countries ow<strong>in</strong>g to features such as<br />
reasonable cost of medical treatments and surgery, advanced medical technology, hospitality<br />
services, medical professionals and expertise, qualified doctors and nurses, favorable currency<br />
exchange rate etc. Trusted <strong>in</strong>ternational accreditation and high quality medical services <strong>in</strong> low<br />
prices are <strong>the</strong> key drivers of medical tourism. Patients travel<strong>in</strong>g abroad for medical tourism can<br />
save 30 % to 90%.
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