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Medical Tourism Market Analysis by Geography<br><br>The medical tourism industry is being actively promoted in countries such as India, Singapore, Malaysia, Mexico, China, Brazil, Turkey, South Korea, Thailand and Taiwan. India is the fast growing region in the medical tourism market as India provides cost effective treatment for several diseases. The availability of the latest medical technology and the solution to the problem of communication drives the market growth in India. Treatments like cardiac bypass, dental treatment, bone marrow transplant and heart surgery are available at a low cost with high healthcare standards. The Indian tourism industry has hired language translators for patients coming from Brazil and African countries. This helps the Indian medical tourism market to grow at faster rate. The Indian hospitals have a tie-up with hospitals in Bangladesh, Tanzania and Mauritius. Malaysia is emerging as a strong competitor in the medical tourism industry. The government of Malaysia has taken initiatives to enhance the medical service of medical tourism industry to increase their market share. The expensive nature of medical treatments in Western European countries as compared to India, Thailand and Malaysia results in the loss business in Western Europe. <br>View sample report@ http://www.bigmarketresearch.com/medical-tourism-market
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SYNOPSIS The report provides market analysis, information and insights into Medical tourism Market ” About Medical tourism Market Medical tourism refers to travelling across international borders for the purpose of obtaining medical treatment. Cosmetic surgery, dental care, elective surgery and fertility treatments are widely performed treatments across the globe. Cardiovascular surgery and genetic disorder treatments are the most preferred forms of medical care in medical tourism. The cost of healthcare is rising in developed countries and this results in the availability of cost effective high quality medical services in developing regions. Medical tourism is used as a key strategy by various regions to boost their tourism industry and healthcare business. The aim of this report is to analyze the present and future trends of the medical tourism market. View more details@ http://www.bigmarketresearch.com/medical-tourism-market
Reports Includes: This report offers: Medical tourism is used as a key strategy by various regions to boost their tourism industry and healthcare business. The aim of this report is to analyze the present and future trends of the medical tourism market. Some treatments are banned in certain countries; this fact would help to boost the tourism industry market. The report analyzes opportunities in developed as well as emerging economies so that companies can make strategies as per their targeted regions.
Key Benefits • Comprehensive analysis of the factors that drive and restrain the growth of the market is provided • In-depth analysis of various geographic regions would help in understanding the trends in various regions so that companies can make region specific plans • Market estimations are made according to the present market scenario of the medical tourism industry • Deep dive analysis of various geographic regions provides insights that would allow companies to strategically plan their business moves • List of various environmental and regulatory factors affecting the market growth of medical tourism industry is provided • Detailed discussion of the supply chain participants of the medical tourism market is provided in value chain analysis
MARKET OVERVIEW High quality medical care at an affordable price is the major driving factor for the medical tourism industry. Surgeries performed in medical tourism are 50% to 90% more cost effective than native hospitals. Moreover, health insurance portability, medical specialization, geographic contiguity and the country’s reputation regarding medical care would help the medical tourism industry to grow at fast rate. Problems in local follow-up care before patients return to their own country, problems with medical record transfer and the patients’ unwillingness to take risks could restrain the growth of the tourism industry.
MARKET SEGMENTATION • Medical Tourism Market Analysis by Treatment Type • Medical Tourism Market Analysis by Geography • The medical tourism industry is being actively promoted in countries such as India, Singapore, Malaysia, Mexico, China, Brazil, Turkey, South Korea, Thailand and Taiwan. India is the fast growing region in the medical tourism market as India provides cost effective treatment for several diseases. The availability of the latest medical technology and the solution to the problem of communication drives the market growth in India. Treatments like cardiac bypass, dental treatment, bone marrow transplant and heart surgery are available at a low cost with high healthcare standards.
SUMMARY This report analyzes the regulatory scenario of developing and developed economies. The study mainly focuses on anticipating the medication and techniques that would fuel the market growth. Porter’s Five Forces model in this report shows that the bargaining power of suppliers is high as there are few countries which provide cost effective treatments for certain diseases. The key players of the market are targeting patients from developed countries by adopting product launch and approval as strategies. The bargaining power of buyers is comparatively low due to the unavailability of reasonably-priced medication in their own country. Enquiry Form Available For Report: http://www.bigmarketresearch.com/report-enquiry/356145
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