3 Key Insights on US$ 65 Bn Opportunity in Global Medical Tourism Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit 3 Key Insights on US$ 65 Bn Opportunity in Global Medical Tourism Market Driven by various government policies and initiatives to ease medical tourism along with the availability of premium-quality treatment at comparatively low prices in developing countries, the Global Medical Tourism Market is Forecasted to reach nearly US$ 100 Bn by 2028 says Ken Research Study. Medical tourism is the process of organized travel outside the country to avail medical care. Medical tourists travel across the countries to use low-cost healthcare treatments and facilities to maintain, improve, or restore their health. Ken Research shares 3 key insights on this high-opportunity market from its latest research study. 1. Lack of Healthcare Insurance Coverage and Inadequate Insurance Benefits Encourage Market Growth The rising demand for treatments that are not covered under insurance such as reproductive therapy, aesthetic surgery, dental reconstruction, gender reassignment surgery, and others coupled with rising awareness regarding medical tourism among patients to save cost, is anticipated to augment the growth of the Global Medical Tourism Market. Moreover, the lengthy waiting period for medical services in some countries is also attracting patients to seek medical treatment in different countries, especially in developing countries. However, difficulties associated with VISA approval, travel, availability of medical documents, and others may impede the growth of the market. According to Ken Research estimates, the Global Medical Tourism Market – valued at around US$ 25 Bn in 2017 and estimated to reach nearly US$ 45 Bn by 2022 – is further expected to grow to around US$ 100 Bn opportunity by 2028. 2. High-Quality Treatment at Affordable Rates is Driving the Market Growth The high prices of medical treatments in home countries are encouraging patients to travel to different countries to seek premium-quality treatment at comparatively low cost, which is likely to boost the demand for the market. The high-quality treatment can be easily availed at a lower cost, especially in developing countries like India, Thailand, Malaysia, and others. Cost savings and additional benefits offered to visitors namely cutting-edge technology, superior hospitality, individualized care, breakthrough medicines, and improved healthcare are some of the major factors driving the growth of the market. Request For Sample Report @https://bit.ly/3g7BbD3 The below graph depicts the comparison of prices of Heart bypass (CABG) treatment in the USA and India. 3. Difficulty with Patient Follow-Up is the Most Significant Barrier to the Growth of the Market. Follow-up care is necessary after every treatment but it is very difficult in the case of medical tourism. If the patient is back in his own country and in case of any complications post-surgery, it would be difficult to offer follow-up care as well as it will be very expensive. The rising concerns regarding the complications after surgery and difficulty in follow-up in the case of medical tourism may decrease the demand for the market. In addition, partial reimbursement for treatment in the case of medical tourism is also expected to hamper the growth of the Global Medical Tourism Market. According to the Fortis Group of Hospitals in India, it receives around 2,800 to 3000 international patients in a month on an average basis. It is also observed that patients with shorter stays face difficulties in physically meeting the medical personnel in case of post-surgery complications and follow-ups. Request For Sample Report @https://bit.ly/3g7BbD3 Key Topics Covered in the Report Snapshot of the Global Medical Tourism Market Industry Value Chain and Ecosystem Analysis of the Medical Tourism Market Market size and Segmentation of the Global Medical Tourism Market Historic Growth of the Overall Global Medical Tourism Market and Segments Competition Scenario of the Medical Tourism Market and Key Developments of Competitors Porter’s 5 Forces Analysis of the Global Medical Tourism Industry Overview, Product Offerings, and Strategic Developments of Key Competitors COVID-19 Impact on the Overall Global Medical Tourism Market Future Market Forecast and Growth Rates of the Global Medical Tourism Market and by Segments Market Size of Application/End-User Segments with historical CAGR and Future Forecasts Analysis of the Medical Tourism Market in Major Regions Major Production / Consumption Hubs in the Major Regions Major Production/Supply and Consumption/Demand Hubs in Each Region Major Country-wise Historic and Future Market Growth Rates of the Total Medical Tourism Market and Segments Overview of Notable Emerging Competitor Companies within Each Major Region Major Companies Profiled in the Report Aditya Birla Health Services Ltd. Apollo Hospitals Enterprise Ltd. Fortis Healthcare Asian Heart Institute KPJ Healthcare Berhad Nippon Telegraph and Telephone East Corporation Samitivej PCL Wooridul Spine Hospital Seoul National University Hospital Prince Court Medical Centre Notable Emerging Companies Mentioned in the Report Bangkok Hospital Group Bumrungrad International Hospital Livonta Global Max Healthcare Klinikum Medical Link Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report Private Hospitals Chains Medical Tourism Service Providers Medical Associations Governmental Regulatory Bodies Financial Institutions Investors for Hospitals Tourism Service Providers Medical Equipment Manufacturers Medical Researchers Pharmaceutical Products Manufacturers Hotel Chains Focused on Medical Tourists Health-tech Companies Period Captured in the Report Historical Period: 2017-2021 Forecast Period: 2022E-2028F For More Information on the Research Report, refer to below links: – Global Medical Tourism Market Follow Us LinkedIn | Instagram | Facebook | Twitter | YouTube Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Post Views: 7 Tags: Aditya Birla Medical Tourism Market Share, Africa Medical Tourism Market Outlook, Apollo Hospitals Medical Tourism Services Revenue, Asia-Pacific Medical Tourism Market Revenue, Asian Heart Institute Medical Tourism Services Market, Cardiovascular Treatment Tourism Market, Competitors in Medical Tourism Market, Cosmetic Treatment Tourism Market, Emerging Companies in Medical Tourism Sector, Emerging Medical Tourism Hubs Globally, Emerging Medical Tourism Markets, Europe Medical Tourism Market Analysis, Financial Institutions in Medical Tourism, Fortis Healthcare Medical Tourism Services Market, Future of Medical Tourism Worldwide, Global Health Tourism Market, Global Healthcare Tourism Trends, Global Medical Tourism Companies, Global Medical Tourism Industry, Global Medical Tourism Industry Outlook, Global Medical Tourism Market, Global Medical Tourism Market Demand, Global medical tourism packages, Global Medical Tourism Sector Growth, Global Medical Tourists Market, Global Medical Touristy Market, Global Travel & Wellness Tourism Market, Health Tourism Investors, Health Tourism Market Analysis, Health-tech Companies in Medical Tourism, Healthcare Tourism Market, Hotel Chains Focused on Medical Tourists, International Health Investment Projects, international medical tourism market, International medical tourists Market, Investors in Medical Tourism Hospitals, Investors in Medical Tourism startup, KPJ Healthcare Berhad Medical Tourism Services Market, Latin America Medical Tourism Market Size, Leading Players in Medical Tourism Market, Major Companies in Medical Tourism Industry, Medical Care Tourism Market, Medical Equipment Manufacturers, Medical Tourism Industry, Medical Tourism Industry Challenges, Medical Tourism Industry Research reports, Medical Tourism Insurance Providing Companies, Medical Tourism Investors, Medical Tourism Market Challenges, Medical Tourism Market Future Outlook, Medical Tourism Market Growth, medical tourism market india, medical tourism market market, Medical Tourism Market Opportunities, medical tourism market report, medical tourism market research, Medical Tourism Market Research Reports, Medical Tourism Market Revenue, Medical Tourism Market Services, medical tourism market share, Medical Tourism Market Size, Medical Tourism Market Trends, Medical Tourism Service Providers, Medical Tourism Services Providing Companies, Medical Travel Market, Middle East Medical Tourism Market Forecast, Nippon Telegraph and Telephone East Medical Tourism Market, North America Medical Tourism Market Forecast, Oncology Treatment Tourism Market, Opportunities in Medical Tourism Market, Pharmaceutical Products Manufacturers, Prince Court Medical Centre Medical Tourism Services Market, Private Hospitals Chains in Medical Tourism, Samitivej PCL Medical Tourism Services Market Revenue, Seoul National University Medical Tourism Market, Surgical Tourism Market, Top Medical Tourism Companies Worldwide, Wooridul Spine Hospital Medical Tourism Services Market, Worldwide medical tourism market